TINGKAT HUTANG, LIKUIDITAS, DAN UKURAN PERUSAHAAN TERHADAP PERSISTENSI LABA DENGAN BOOK TAX DIFFERENCE SEBAGAI VARIABEL MODERATING (Studi Empiris pada Perusahaan LQ45 yang terdaftar di Bursa Efek Indonesia Periode 2015-2017)

Abstract

This study aims to examine and determine the effect of debt degrees, liquidity and
Firm Size on the earning persistence. In addition, this study also aims to test
whether a variable tax book difference moderates the relationship between each
variable of the debt levels, liquidity and firm size on the earning persistence. The
sample used in this study is a company registered in LQ45 Index Indonesia Stock
Exchange (IDX) during 2015-2017. The total samples are 27 companies using
purposive sampling technique. The method of data analysis uses moderate
regression analysis (MRA) with SPSS 21 software. The results of the study showed
that whether being together or partially, the independent variable influenced the
persistence of earnings, so the higher the level of debt, liquidity, and the size of the
company are, the more persistent the profits are. The research results concerning
the moderating variable showed that the book tax difference had an influence as
moderating variable between the level of liquidity on the earnings persistence, so the
higher book tax difference in the form of deferred tax benefit, the stronger the
relationship between the level of liquidity and earnings persistence. On the reverse,
the book tax difference had no impact as a moderating variable between debt
degree and the persistence of earnings as well as the firm size with earnings
persistence. Thus, the load and deferred tax benefit did not strengthen or weaken
the relationship between the level of debt to earning persistence as well as the size
of the company with earning persistence.