FAKTOR REPRESENTASI STOCK HOLDER DAN DEBT HOLDER BERPENGARUH TERHADAP KEPUTUSAN PEMILIHAN AUDITOR BERKUALITAS1 (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia)

Abstract

Abstract:This study aimed to test whether foreign ownership, the proportion of the independent commissioner and the leverage effect on the selection of qualified auditors. Using a sample of 128 observations from 32 manufacturing companies listed on the Indonesian Stock Exchange from 2011 to 2014. Research hypotheses are tested using logistic regression method. The research concluded that foreign ownership and the proportion of independent commissioner influencing the decision to choose quality auditor, while the leverage does not affect the selection of auditors Keywords: Qualified Auditors, Foreign Ownership, Independent Commissioner, LeverageAbstrak: Penelitian ini bertujuan untuk menguji apakah kepemilikan asing, proporsi komisaris indepeden dan leverage berpengaruh terhadap pemilihan auditor berkualitas. Menggunakan 128 sampel pengamatan dari 32 perusahaan manufaktur terdaftar di BEI 2010-2014, hipotesis penelitian diuji menggunakan metode regresi logistik. Hasil penelitian menyimpulkan bahwa kepemilikan asing dan proporsi komisaris independen mempengaruhi keputusan memilih auditor berkualitas, sementara leverage tidak mempengaruhi pemilihan auditor.

Role of CEO Power and Foreign Ownership in the Selection of Public Accounting Firms and the Effectiveness of the Audit Committee as Moderators

“…Other factors that influence KAP selection but have not been widely studied include audit fees (Hendi & Desiana, 2019) , the effectiveness of the board of commissioners (Nafasati & Indudewi, 2015), delegation of authority to the board of commissioners (Palembangan & Dewi, 2017), the size of the independent board of directors (Leung & Cheng, 2014), family ownership moderated by export-oriented industries (Khan et al, 2015;Simamora, 2022), company complexity, subsidiary status (Matonti et al, 2016), corporate ethical values (Houqe et al, 2015). While the factors that have not been widely studied, there are factors that have been studied a lot, namely corporate governance (He et al, 2014;Markali & Akuntansi, 2012;Prayugi, 2015;Trisnawati, 2015), the size of the independent board of commissioners (Matonti et al, 2016;Putra et al, 2014;Setiawan & Karsana, 2015) and the largest concentration of ownership (Darmadi, 2016;Leung & Cheng, 2014;Markali & Akuntansi, 2012;Putra et al, 2014). The contribution of this study is the role of CEO power and foreign ownership affects the selection of Public Accounting Firms and the role of the effectiveness of the Audit Committee as a moderator in IDX80 index companies listed on the Indonesia Stock Exchange.…”