Pengaruh Kepemilikan Dan Kepemimpinan Keluarga Serta Efektifitas Pengawasan Dekom Terhadap Kualitas Audit

Abstract

This study aims to investigate the effect of family ownership, family leadership, and the monitoring role of the Board of Commissioners on the audit quality. This study uses a sample of non-financial companies listed on the Indonesia Stock Exchange (IDX) from 2010 to 2013. Family ownership is measured through the ultimate ownership of the company. To determine whether the company's CEO is the founder of the company, family relationship data is used on all of the company's ultimate owners. The monitoring role of the Board of Commissioners is calculated through the Asean Corporate Governance Scorecard index. Data of auditor is obtained from Center for Supervision of Financial Service (P2PK). The results showed that family ownership either through direct or indirect mechanisms tend to choose Big 4 KAP than non Big 4. While Chief Financial Officer (CFOs) from family and corporate founders tend to choose Big 4 in auditing the company. This is done to maintain the company's reputation. The results also show that the effective monitoring of the Board of Commisionners (BOC) tends to choose Big 4 auditors compared to non Big 4.

Determinants of Audit Quality: The Effect of Ownership Structure and Audit Committee Activities

“…This finding differs from Guizani and Abdalkrim (2021), which shows that family ownership negatively affects audit quality through board independence. However, this aligns with Diyanty et al (2018) research which shows that family ownership positively affects audits.…”

“…Family ownership is the shares owned by the family or the involvement of family members in the company. Large family ownership provides a large role for the family in overseeing management performance so that it is possible to improve audit quality (Diyanty et al, 2018). Characteristics of family firms, such as high-quality financial reporting, less vulnerability to financial manipulation, a tendency not to hide bad news, and increased disclosure requirements suggest a lower audit effort in family firms (Shiri et al, 2018).…”

“…In research by Guizani and Abdalkrim (2021), the results obtained that family ownership harms audit quality through the board's independence. A study by Diyanty et al (2018) showing family-owned has a good impact on audit quality. From this description, the following hypotheses can be obtained: H 5 : Family ownership affects audit quality.…”

Pengaruh Konsentrasi Kepemilikan terhadap Kinerja Perusahaan: Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2016-2020

“…Konsentrasi kepemilikan mampu meningkatkan efek penyelarasan antara pemegang saham pengendali dan pemegang saham nonpengendali (Utama et al, 2017). Selain itu, Diyanty et al (2018) mengungkapkan bahwa pemegang saham besar mempunyai socioemotional wealth yang lebih besar dibanding dengan para pemegang saham lainnya, yang mendorong pemegang saham besar untuk menjaga kelangsungan bisnis perusahaan. H1: Konsentrasi kepemilikan berpengaruh positif terhadap kinerja perusahaan.…”

“…Oleh karena itu, penelitian ini menggunakan kepemilikan keluarga dan kepemilikan institusional sebagai proksi alternatif dalam uji robustness. Perusahaan keluarga merupakan perusahaan dimana pemegang saham terbesar (pemegang saham pengendali) berada di tangan keluarga baik melalui mekanisme kepemilikan langsung maupun piramida, serta dengan adanya keterlibatan keluarga dalam manajemen perusahaan (Diyanty et al, 2018). Minh Ha et al, (2022) menyatakan bahwa baik istri, suami, ayah maupun ibu (biologis maupun adopsi), anak (biologis maupun adopsi), saudara (biologis maupun adopsi), dan saudara ipar diartikan sebagai definisi dari keluarga yang dapat digunakan untuk identifikasi dalam menentukan definisi pada keterlibatan keluarga dalam manajemen perusahaan.…”