Good Governance, Companies Are More Careful?

The purpose of this research was to determine the effect of institutional ownership, independent commissioner as independent variables against the accounting conservatism and leverage as a control variable. In this research accounting conservatism is measured using market to book value. The sample used in this study consists of companies in the manufacturing sector that have consistently been listed on the Indonesia Stock Exchange (IDX) during the period of 2021-2023. The sampling method is purposive sampling, resulting in a sample of 120 companies selected as the research sample or a total of 360 company data used as the sample. The analysis technique used is multiple linear regression analysis. Research results indicate that the institutional ownership and independent commissioner positively affect accounting conservatism. This will provide insights for stakeholders in assessing the factors that influence accounting conservatism.