The value relevance of accounting information moderated by earnings management: Evidence from listed companies in the developing market

This research aims to investigate the value relevance of accounting information (VRAI) and effect that earnings management (EM) has on VRAI. Research VRAI is generally carried out using model introduced by Ohlson (1995). Problems will occur when as a company performance measurement tool faced with practice manipulation managers. study’s population all manufacturing companies listed LQ45 Index. Sampling-based purposive sampling; sample obtained many 16 samples over three years, so number observations 48 per year. The data analysis technique used multiple linear regressions moderating variables or moderated regression (MRA). results show share (EPS) have (VR), book (BV) VR. Operating cash flow (OCF) no Management weakens VR earnings, EM not BV relevance, strengthens OCF.