THE EFFECT OF BOARD SIZE, BOARD INDEPENDENCE, AUDIT COMMITTEE TO FINANCIAL DISTRESS DURING COVID-19 PANDEMIC

Kosim Permana, Indah Umiyati

Abstract


The purpose of this study is to determine the effect of board size, board independence, and audit committee on financial distress in service sector companies with sub-sectors namely infrastructure, utilities, and transportation as well as hotels, restaurants and tourism listed on the Indonesia Stock Exchange and the Malaysia Stock Exchange. . The analysis used in this study is a logistic regression analysis with a sampling technique that is purposive sampling. With this technique, 116 samples were obtained with the results of board size having a significant effect on financial distress, while the board independence and audit committee variables had no significant effect on financial distress.

 

Keywords: Board Size, Board Independence, Audit Committee, Financial Distress, Covid-19


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