Indonesia Conference Directory

GOOD CORPORATE GOVERNANCE, AND BONDHOLDER-SHAREHOLDER CONFLIC : THE CASE OF IMPLEMENTATION ACCOUNTING CONSERVATISM FOR MINING COMPANY. Waluyo ABSTRACT The application of the Accounting Conservartism Principle in various companies can have a different opinion. The application of this principle is considered able to result Financial Statements not being used as a tool to evaluate the companys risk. But other parties stated otherwise that the application of the Accounting Conservatism Principle can generate reasonable financial reports and provide relevance of Financial Information. The Objective of this study is to analyze the effect of Good Corporate Governance and Bondholder-Shareholder Conflict against company accounting conservatism. Analysis of accounting conservatism done using quantitative methods and data testing is done with the classical assumption and hypothesis testing with multiple linear regression model. The level of accounting conservatism measured by the value of accruals and the market value. The sample was a mining company listed on the Indonesia Stock Exchange in 2014-2017. The results of the research show that each company doing the accounting conservatism with different levels. In accrual accounting managerial ownership affects conservatism, it is different from the approach in which the market value of managerial ownership did not affect the significance of the accounting conservatism. Institutional ownership does not affect accounting conservatism when measured accrual, but has the effect of market value when measured. The presence of independent directors when measured accrual as well as market value, is able to influence the level of accounting conservatism.