PENGARUH FINANCIAL DISTRESS DAN KOMITE AUDIT TERHADAP INTEGRITAS LAPORAN KEUANGAN

Abstract

Abstract

This study aims to analyze the effect of financial distress and audit committees on the integrity of financial statements in Property and Real Estate sector companies listed on the Indonesia Stock Exchange during the 2020-2024 period. Using panel data from 21 companies (a total of 105 observations), the analysis was conducted through a panel data regression model with the Fixed Effect Model (FEM) selected as the best model based on the Chow and Hausman tests. The dependent variable is the integrity of financial statements, measured using the model by Dechow et al. (2011), while the independent variables consist of financial distress (Altman Z-Score) and audit committee (committee size). The results show that neither financial distress nor the audit committee has a significant effect on the integrity of financial statements, both partially and simultaneously.

Keywords: Financial Distress, Audit Committee, Financial Statement Integrity.

Abstrak

Penelitian ini bertujuan untuk menganalisis pengaruh financial distress dan komite audit terhadap integritas laporan keuangan pada perusahaan sektor Property dan Real Estate yang terdaftar di Bursa Efek Indonesia selama periode 2020-2024. Dengan menggunakan data panel dari 21 perusahaan (total 105 observasi), analisis dilakukan melalui model regresi data panel dengan Fixed Effect Model (FEM) sebagai model terbaik berdasarkan uji Chow dan Hausman. Variabel dependen adalah integritas laporan keuangan, diukur melalui model Dechow et al. (2011), sedangkan variabel independen meliputi financial distress (debt to equity ratio) dan komite audit (ukuran komite auidit). Hasil penelitian menunjukkan bahwa baik financial distress maupun komite audit tidak berpengaruh signifikan terhadap integritas laporan keuangan secara parsial dan simultan.

Kata kunci: Financial Distress, Komite Audit, Integritas Laporan Keuangan.