PENGARUH CORPORATE GOVERNANCE TERHADAP KUALIFIKASI AUDIT

Abstract

This study aims is to test the impact of corporate governance structure to the audit qualification. Corporate Governance structures being tested in this study are block or majority ownership, insider ownership, board of director independency and audit committee. To avoid bias, this study also propose four control variables. They are known as financial or accounting measures, which are size of company, leverage as a proxy of risk,profitability and liquidity. Moreover, the audit qualification is a representation of auditor opinion for the qualified opinion. Data used in this study are secondary data from the IDX datas which consist of all companies unless financial company from the time 2003 untill 2005. Total data used are 120 companies. Using logistic regression, we found that all governance structure do not have significant impact to the audit qualification. However, for yhe control variabel we found that only liquidity has a significant negative impact to the qualified