Determinants of Financial Distress, and Managerial Ownership of Audit Delay Implications on Audit Opinion (IDX Mining Company Empirical Study 2016-2020)
Abstract
This study aims to find empirical evidence regarding the determinants of financial distress and managerial ownership on audit delay, its implications for audit opinion on audit delay, the population of this study uses mining companies listed on IDX 2016-2020. Sampling method with purposive sampling technique. The number of samples used in this study were 15 companies in the mining sector for a five-year period. The method used is quantitative in his research. Sources of data used in this study is secondary data in the form of the company's annual report. The data analysis method used is multiple linear regression analysis with data processing using EViews version 9. The results showed that simultaneously financial distress, managerial ownership, and audit opinion variables had an effect on audit delay. Meanwhile, the results of financial distress determinants had a positive effect on audit delay, managerial ownership has no effect on audit delay. Meanwhile, audit delay has implications for audit opinion.
Keywords: Financial Distress, Managerial Ownership, Audit Delay, Audit Opinion.
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