| Summary: | This research was carried out to test trend and perspective of earnings
management. Perspectives of earnings management were measured by future
profitability, that consisted of three proxies, namely future earnings changes (?NI
t+1), future cash flow from future operation (CFO t+1), and future nondiscretionary
income (NDNI t+1). The sample used were 31 (thirty one) non financial, hotel,
travel, transportation and real estate companies that listed in Indonesia Stocks
Exchange from 1991 to 2010. The result showed there was no trend increasing of
accrual earnings management during research period. In addition, earnings
management (both accrual and real) had non significant impact on future
profitability, that meant accrual and real earnings managements executed by
manager was opportunistic.
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