PENGARUH PARTISIPASI ANGGARAN DAN PENEKANAN ANGGARAN TERHADAP SENJANGAN ANGGARAN DENGAN ASIMETRI INFORMASI SEBAGAI VARIABEL INTERVENING (Studi Pada PT Kereta Api PeriodeTahun 2012-2016)

Abstract

This reachsed aims to determine whether budget participation, the emphasis of the budget
affect budgetary slack, to find out whether budget participation, budget emphasis, and
information asymmetry affect budgetary slack, and find out whether information asymmetry
mediates the effect of budget participation, budget emphasis on budgetary slack.
The population in this study is the company PT Kereta Api Indonesia (Persero) in 2012-
2016 with a total of 91 respondents. Data analysis techniques used are instrument test,
descriptive test, classic assumption test, 2-stage linear regression analysis, model suitability test
and path interpretation and direct and indirect influence test.
The results of this study indicate that budgetary participation has a significant positive
effect on information asymmetry, while the budget emphasis has no significant positive effect on
information asymmetry. Budgetary participation has no significant positive effect on budgetary
slack while budget emphasis is negatively insignificant on budgetary slack. Information
asymmetry has a significant positive effect on budgetary slack, information asymmetry mediates
the effect of budgetary participation on budgetary slack and information asymmetry mediates
the effect of budget emphasis on budgetary slack
Based on this research, it is expected that companies can minimize budgetary slack and
increase budget participation, emphasize the budget so that it will increase information
asymmetry.
Keywords: Budget participation, budget emphasis, information asymmetry, and budgetary
slack