PENGARUH CASH HOLDING, PROFITABILITAS, FINANCIAL LEVERAGE, DAN KEPEMILIKAN MANAJERIAL TERHADAP PERATAAN LABA (STUDI EMPIRIS PADA PERUSAHAAN JASA SEKTOR INFRASTRUKTUR, UTILITAS, DAN TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021)

Abstract

This research aims to determine the effect of cash holding, profitability, financial leverage, and managerial ownership of smoothing profits both partially and simultaneously in service sector companies infrastructure, utilities and transportation listed on the Indonesian Stock Exchange. The research sample was obtained from 10 companies with the research period 2017-2021. The data analysis used is logistic regression analysis with using the help of E-Views 9 Software. Based on statistical test results. This research shows that the hypothesis calculation is partially cash holding, profitability, financial leverage have a significant effect on income smoothing. Meanwhile, managerial ownership has no significant effect towards income smoothing. For simultaneous hypothesis testing between cash holding, profitability, financial leverage and managerial ownership jointly influence the smoothing of profits in the company infrastructure, utilities and transportation sector services listed on the Stock Exchange Indonesia in 2017-2021.