The Effect Of Audit Opinion, Financial Distress, Company Growth On Audit Switching In Companies Listed On The Indonesian Stock Exchange For The 2017-2021 Period
Abstract
This study aims to determine the influence of Audit Opinion, Financial Distress, Company Growth on Audit Switching partially and simultaneously in manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period. This research is based on quantitative data types and the data source is from secondary data. The unit analysis and observation in this study is a manufacturing company listed on the Indonesia Stock Exchange, with total population of 177 companies. From this population, 47 companies are chosen by purposive sampling technique throughout 5 periods of time, specifically from 2015-2019 which sum up to 235 samples. The method of analysis used in this study is logistic regression with the regression equation Auditor Switching = -2.264 + 0.558 Audit Opinion - 1.290 Debt To Equity Ratio + 2.393 Firm Growth + e. Researcher used a significance level of 5%. The result of partial research shows that the Audit Opinion has a p-value or significant value > 0.05 which is 0.420 > 0.05, Financial Distress has a p-value or significant value > 0.05 which is 0.069 > 0.05, Company growth has a p-value or significant value <0.05 which is 0.030 <0.05. The results of the study simultaneous research shows that Audit Opinion, Financial Distress, Company Growth and Auditor Switching have a p-value or significant value <0.05 which is 0.025 <0.05. The coefficient of determination (Nagelkerke's R Square) is 0.103 or 10.3%, which means the Auditor Switching variable can be explained by Audit Opinion, Financial Distress, Company Growth. While the remaining 89.7% of the Auditor Switching variables can be explained by other variables which was not examined in this research, such as management turnover, Public Accounting Firm size.
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