Abstract
This research aims to examine the influence of foreign ownership on the earningsmanagement of banking companies in the ASEAN region. The population is bankingcompanies listed on the Stock Exchanges of four ASEAN countries: Indonesia, Malaysia, thePhilippines and Thailand. We took 430 companies as samples for this research from thesecountries. This research took 5 (five) years. The results of the study found that foreignownership has a negative relationship with earnings management because foreign ownershipcan reduce management actions to carry out earnings management; Foreign-owned bankingcompanies have higher earnings quality in the first five years, and foreign investors' homecountries that have a high CPI also have higher earnings quality. This research, based on thefindings, can state that foreign investors can improve the effectiveness of governance andmaintain earnings management.
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