Analisis Pengaruh Karakteristik Komite Audit Terhadap Financial Distress
Abstract: The purpose of this
research was to examine the impact of audit committee characteristics on
financial distress.This research was replicated from the previous research,
Rahmat et al., (2009). The difference between this research and the previous is
in the sample and control variable. Previous study used listed companies in the
Bursa Malaysia, while this research used only listed multinational manufacture
companies in the Indonesia Stock Exchange in 2010-2012. In this research,
control variable added is liquidity (based on the research of Fadhilah, 2013).
The addition of these variable into research because these variable has
influence on financial distress. This research is done to prove the influence
of these variable on financial distress..
Population that use in this study is an entire company (non-banking)
listed in Indonesia Stock Exchange in 2010-2012. Statistical data analysis
method used is logistic regression. The hypotesis of this research is divided
into five, size of audit committee, independence of audit committee member,
frecuency of audit committee, number of fiancial literacy audit committee, and
the hypothetical simultaneous effect on financial distress.
The result of this research shows that size of audit committee and number
of financial literacy audit committee have negatively significant influenced on
financial distress. The frequency of audit committee and independence of audit
committee member have no significant influence on financial distress. The
control variable liquidity has negatively significant influenced on financial
distress. The implications of this research indicate that size of audit committee
and number of financial literacy audit committee have negatively impact to
probability of financial distress. It is important to know the impact of audit
committee characteristics on financial distress to minimize financial distress
that occurred.
Penulis: Melisa Rahmawati,
Marsono
Kode Jurnal: jpakuntansidd141000
