ANALISIS PENGARUH CORPORATE GOVERNANCE TERHADAP KEMUNGKINAN PEMBERIAN OPINI AUDIT GOING CONCERN OLEH AUDITOR INDEPENDEN (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2009-2011)

Abstract

The aim of this study is to examine the effect of the role of corporate governance to the possibility of issuance of going concern audit opinion by an independent auditor. The independent variables are used in this study is the proportion of independent directors, managerial ownership, and institutional ownership. This study is a replication of the study by Iskandar et al., (2011) and used 84 manufacturing companies which listed on the Stock Exchange in the period 2009-2011 as the sample. Samples were selected by purposive sampling method and finally obtained 38 companies manufacturing a going concern audit opinion and 46 manufacturing companies with non-going concern audit opinion. Data were analyzed using logistic regression analysis model. The results show that the proportion of independent directors and institutional ownership has no effect on the issuance of going concern audit opinion by an independent auditor, while managerial ownership affect the administration going concern audit opinion by an independent auditor