Faktor yang Mempengaruhi Opini Going Concern Dimoderasi Koneksi Politik
DOI:
https://doi.org/10.21009/Wahana.19.013Keywords:
Financial Condition, Foreign Ownership, Going Concern Audit Opinion, Managerial OwnershipAbstract
This research aims to analyze how financial conditions, managerial ownership and foreign ownership affect going concern audit opinions with political connection as a moderating variable. The population includes real estate companies listed on the Indonesia Stock Exchange (BEI) in 2018-2021, from which the samples of 29 companies with 116 units of analysis are selected through purposive sampling. Hypotheses are tested by logistic regression analysis processed by IBM SPSS 26; and the results indicate that financial condition and foreign ownership have a negative effect on going-concern audit opinion while managerial ownership has no effect on going-concern audit opinion. Political connection moderates the effect of foreign ownership on going-concern audit opinion but does not moderate financial condition and managerial ownership. The novelty of this research exhibits the use of political connection as one of the factors that makes companies obtain going-concern audit opinions, and this research is expected to contribute to company development.
References
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Ardillah, K., & Prawira, S. O. (2021). Debt Default, IFRS Implementation, and Foreign Ownership to Going Concern Audit Opinion. Jurnal Riset Akuntansi Keuangan, 6(2).
Artanti, A. (2020). Dua Sektor di BEI Terperosok Dalam Akibat Covid-19. Diakses dari https://www.medcom.id/ekonomi/keuangan/gNQGwjOk-dua-sektor-di-bei-terperosok-dalam-akibat-covid-19 pada 10 Februari 2024
Belghitar, Y., Clark, E., & Saeed, A. (2019). Political connections and corporate financial decision making. Review of Quantitative Finance and Accounting, 53(4), 1099–1133. https://doi.org/10.1007/s11156-018-0776-8
Brigham, E., F. & Houston, J., F. (2019). Dasar-dasar Manajemen Keuangan. Edisi Empat Belas. Buku Dua. Salemba Empat. Jakarta.
Chaney, P., Faccio, M., & Parsley, D. (2011). Kualitas Informasi Akuntansi pada Perusahaan yang Terhubung Secara Politik. Jurnal Akuntansi Dan Ekonomi, 51(1–2), 58–76.
Damanhuri, A. G., & Putra, I. M. P. D. (2020). Pengaruh Financial Distress, Total Asset Turnover, dan Audit Tenure pada Pemberian Opini Going Concern. E-Jurnal Akuntansi, 30(9), 2392. https://doi.org/10.24843/eja.2020.v30.i09.p17
Faccio, M. (2010). Differences between politically connected and non-connected firms: a cross country comparison. Financ Manag, 39, 905–927.
Ghozali, I. (2018). Aplikasi analisis multivariete SPSS 25. Semarang: Badan Penerbit
Universitas Diponegoro.
Hadiputra, A. A., & Windijarto. (2023). Political Connection, Financial Distress and Cost of Debt: Empirical Evidence from Emerging Country. Jurnal Manajemen Teori Dan Terapan Journal of Theory and Applied Management, 16(2), 368–380. https://doi.org/10.20473/jmtt.v16i2.44853
Hayes, Andrew. (2005). Statistical Methods for Communication Science. Statistical Methods for Communication Science. 1-517. https://doi.org/10.4324/9781410613707.
Heider, F. (1958) The Psychology of Interpersonal Relations. New York: John Wiley & Sons. http://dx.doi.org/10.1037/10628-000
Hu, F., Stewart, J., & Tan, W. (2017). CEO’s political connections, institutions and audit opinions. Pacific Accounting Review, 29(3), 283–306. https://doi.org/10.1108/PAR-04-2016-0047
Islamiati, R., Julianto, W., & Maulana, A. (2021). Accounting Analysis Journal The Determination of The Acceptance of Going Concern Audit Opinion: Financial Distress, Institutional Ownership, and Auditor Reputation ARTICLE INFO ABSTRACT. Accounting Analysis Journal, 10(3), 206–212. https://doi.org/10.15294/aaj.v10i3.52048
Izazi, D., & Arfianti, I. R. (2018). Pengaruh debt default, financial distress, opinion shopping dan audit tenure terhadap penerimaan opini audit going concern. Jurnal Akuntansi, 8(1).
Jensen, M. C., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency cost, and ownership structure. Journal of Financial Economics, 3(4), 305–360.
Kemenkeu. (2020). Pengaruh Covid-19 Atas Kondisi Sosial Ekonomi Global 2020. Diakses dari https://pen.kemenkeu.go.id/in/page/sosialekonomiglobal pada 10 Februari 2024.
Manihuruk, B. P., & Novita, S. (2022). Penghindaran Pajak: Pengaruh Koneksi Politik dan Kepemilikan Institusional. Owner, 7(1), 391–400. https://doi.org/10.33395/owner.v7i1.1285
Muhamadiyah, F. (2013). Opini Audit Going Concern Kajian Berdasarkan Model Prediksi Kebangkrutan, Pertumbuhan Perusahaan, Leverage dan Reputasi Kantor Akuntan Publik. Media Riset Akuntansi, Auditing&Informasi, 13(1), 79–110.
Novia, I., & Nidia, Z. (2020). REI: Hanya Rumah Subsidi Mampu Bertahan di Tengah Pandemi. Diakses dari https://ekonomi.republika.co.id/berita/qifyz5383/rei-hanya-rumah-subsidi- mampu-bertahan-di-tengah-pandemi pada 10 Februari 2024.
Nursanita, Faruqi, F., & Rahayu, S. (2019). Pengaruh kepemilikan manajerial, kepemilikan institusional, struktur modal, pertumbuhan perusahaan dan profitabilitas terhadap nilai perusahaan. Jurnal STEI Ekonomi, 28(01).
Pranesti, A., Fajar, M. A., Larasati, K. S., & Widiyanti, A. (2023). Corporate governance, political connection, and foreign ownership control: The property rights theory perspective. JIFA (Journal of Islamic Finance and Accounting), 5(1), 51–63. https://doi.org/10.22515/jifa.v5i1.5575
Pratama, R. S., & Kurniawan, B. (2022). Pengaruh Profitabilitas, Kepemilikan Manajerial, Komite Audit, dan Audit Tenure terhadap Opini Audit Going Concern. Jurnal KALBISIANA, 8(3), 2465–2480.
Purba, M. N., & Effendi, S. (2019). Pengaruh Kepemilikan Manajerial dan Kepemilikan Institusional Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur yang Terdaftar di BEI. Jurnal Akuntansi Barelang, 3(3), 64–74.
Rahma, F. (2018). Accounting Analysis Journal The Determinants that Affect the Acceptance of Going Concern Audit Opinion with Auditor Reputation as a Moderating Variable. Accounting Analysis Journal, 7(2), 87–94. https://doi.org/10.15294/aaj.v7i2.21267
Retnosari, D., & Apriwenni, P. (2021a). OPINI AUDIT GOING CONCERN: FAKTOR-FAKTOR YANG MEMENGARUHI. Jurnal Akuntansi, 10(1), 28–39. https://doi.org/10.46806/ja.v10i1.797
Retnosari, D., & Apriwenni, P. (2021b). OPINI AUDIT GOING CONCERN: FAKTOR-FAKTOR YANG MEMENGARUHI. Jurnal Akuntansi, 10(1), 28–39. https://doi.org/10.46806/ja.v10i1.797
Setiawan, F. (2015). Pengaruh Pertumbuhan Perusahaan, Profitabilitas, Likuiditas, dan Leverage Terhadap Opini Audit Going Concern Bambang Suryono Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya. Jurnal Ilmu & Riset Akuntansi, 4(3), 1–15.
SPAP seksi 341. (2011). Pertimbangan Auditor Atas Kemampuan Entitas Dalam Mempertahankan Kelangsungan Hidupnya. Standar Profesional Akuntan Publik No 30 SA Seksi 341, PSA No.30,06.
Sugiharto, G. A., Utaminingtyas, T. H., & Handarini, D. (2022). Analisis Pengaruh Financial Distress, Debt Default, dan Profitabilitas Terhadap Opini Audit Going Concern. In Perpajakan dan Auditing (Vol. 3, Issue 2). http://pub.unj.ac.id/journal/index.php/japaDOI:http://doi.org/XX.XXXX/JurnalAkuntansi,Perpajakan,danAuditing/XX.X.XX
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualtitatif, dan R&D. Bandung: Alfabeta.
Tri, A., Safi’i, Y., Jayanto, J., Akuntansi, F., Ekonomi, U. N., & Semarang, I. (2015). Accounting Analysis Journal ANALISIS FAKTOR-FAKTOR YANG BERPENGARUH TERHADAP AUDIT JUDGEMENT. In AAJ (Vol. 4, Issue 4). http://journal.unnes.ac.id/sju/index.php/aaj
Wahyudi, I., Lestari, E. H., & Mahroji. (2022). Pengaruh Financial Distress, Opinion Shopping, dan Opini Audit Tahun Sebelumnya Terhadap Penerimaan Opini Audit Going Concern. Jurnal Ilmiah Manajemen FORKAMMA, 5(2), 200–215.
Wardani, O., & Mulyani, D. S. (2019). Pergantian dan Fee Auditor, Kepemilikan Asing serta Opini Audit Going Concern dengan Pemoderasi Spesialisasi Auditor. Perspektif Akuntansi, 2(3), 289–310.
Altman, E. (2013). Financial Distress Of Companies: Revisiting The Z-Score And Zeta Models. In Handbook of Research Methods and Applications in Empirical Finance : 428-456.
Ardillah, K., & Prawira, S. O. (2021). Debt Default, IFRS Implementation, and Foreign Ownership to Going Concern Audit Opinion. Jurnal Riset Akuntansi Keuangan, 6(2).
Artanti, A. (2020). Dua Sektor di BEI Terperosok Dalam Akibat Covid-19. Diakses dari https://www.medcom.id/ekonomi/keuangan/gNQGwjOk-dua-sektor-di-bei-terperosok-dalam-akibat-covid-19 pada 10 Februari 2024
Belghitar, Y., Clark, E., & Saeed, A. (2019). Political connections and corporate financial decision making. Review of Quantitative Finance and Accounting, 53(4), 1099–1133. https://doi.org/10.1007/s11156-018-0776-8
Brigham, E., F. & Houston, J., F. (2019). Dasar-dasar Manajemen Keuangan. Edisi Empat Belas. Buku Dua. Salemba Empat. Jakarta.
Chaney, P., Faccio, M., & Parsley, D. (2011). Kualitas Informasi Akuntansi pada Perusahaan yang Terhubung Secara Politik. Jurnal Akuntansi Dan Ekonomi, 51(1–2), 58–76.
Damanhuri, A. G., & Putra, I. M. P. D. (2020). Pengaruh Financial Distress, Total Asset Turnover, dan Audit Tenure pada Pemberian Opini Going Concern. E-Jurnal Akuntansi, 30(9), 2392. https://doi.org/10.24843/eja.2020.v30.i09.p17
Faccio, M. (2010). Differences between politically connected and non-connected firms: a cross country comparison. Financ Manag, 39, 905–927.
Ghozali, I. (2018). Aplikasi analisis multivariete SPSS 25. Semarang: Badan Penerbit
Universitas Diponegoro.
Hadiputra, A. A., & Windijarto. (2023). Political Connection, Financial Distress and Cost of Debt: Empirical Evidence from Emerging Country. Jurnal Manajemen Teori Dan Terapan Journal of Theory and Applied Management, 16(2), 368–380. https://doi.org/10.20473/jmtt.v16i2.44853
Hayes, Andrew. (2005). Statistical Methods for Communication Science. Statistical Methods for Communication Science. 1-517. https://doi.org/10.4324/9781410613707.
Heider, F. (1958) The Psychology of Interpersonal Relations. New York: John Wiley & Sons. http://dx.doi.org/10.1037/10628-000
Hu, F., Stewart, J., & Tan, W. (2017). CEO’s political connections, institutions and audit opinions. Pacific Accounting Review, 29(3), 283–306. https://doi.org/10.1108/PAR-04-2016-0047
Islamiati, R., Julianto, W., & Maulana, A. (2021). Accounting Analysis Journal The Determination of The Acceptance of Going Concern Audit Opinion: Financial Distress, Institutional Ownership, and Auditor Reputation ARTICLE INFO ABSTRACT. Accounting Analysis Journal, 10(3), 206–212. https://doi.org/10.15294/aaj.v10i3.52048
Izazi, D., & Arfianti, I. R. (2018). Pengaruh debt default, financial distress, opinion shopping dan audit tenure terhadap penerimaan opini audit going concern. Jurnal Akuntansi, 8(1).
Jensen, M. C., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency cost, and ownership structure. Journal of Financial Economics, 3(4), 305–360.
Kemenkeu. (2020). Pengaruh Covid-19 Atas Kondisi Sosial Ekonomi Global 2020. Diakses dari https://pen.kemenkeu.go.id/in/page/sosialekonomiglobal pada 10 Februari 2024.
Manihuruk, B. P., & Novita, S. (2022). Penghindaran Pajak: Pengaruh Koneksi Politik dan Kepemilikan Institusional. Owner, 7(1), 391–400. https://doi.org/10.33395/owner.v7i1.1285
Muhamadiyah, F. (2013). Opini Audit Going Concern Kajian Berdasarkan Model Prediksi Kebangkrutan, Pertumbuhan Perusahaan, Leverage dan Reputasi Kantor Akuntan Publik. Media Riset Akuntansi, Auditing&Informasi, 13(1), 79–110.
Novia, I., & Nidia, Z. (2020). REI: Hanya Rumah Subsidi Mampu Bertahan di Tengah Pandemi. Diakses dari https://ekonomi.republika.co.id/berita/qifyz5383/rei-hanya-rumah-subsidi- mampu-bertahan-di-tengah-pandemi pada 10 Februari 2024.
Nursanita, Faruqi, F., & Rahayu, S. (2019). Pengaruh kepemilikan manajerial, kepemilikan institusional, struktur modal, pertumbuhan perusahaan dan profitabilitas terhadap nilai perusahaan. Jurnal STEI Ekonomi, 28(01).
Pranesti, A., Fajar, M. A., Larasati, K. S., & Widiyanti, A. (2023). Corporate governance, political connection, and foreign ownership control: The property rights theory perspective. JIFA (Journal of Islamic Finance and Accounting), 5(1), 51–63. https://doi.org/10.22515/jifa.v5i1.5575
Pratama, R. S., & Kurniawan, B. (2022). Pengaruh Profitabilitas, Kepemilikan Manajerial, Komite Audit, dan Audit Tenure terhadap Opini Audit Going Concern. Jurnal KALBISIANA, 8(3), 2465–2480.
Purba, M. N., & Effendi, S. (2019). Pengaruh Kepemilikan Manajerial dan Kepemilikan Institusional Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur yang Terdaftar di BEI. Jurnal Akuntansi Barelang, 3(3), 64–74.
Rahma, F. (2018). Accounting Analysis Journal The Determinants that Affect the Acceptance of Going Concern Audit Opinion with Auditor Reputation as a Moderating Variable. Accounting Analysis Journal, 7(2), 87–94. https://doi.org/10.15294/aaj.v7i2.21267
Retnosari, D., & Apriwenni, P. (2021a). OPINI AUDIT GOING CONCERN: FAKTOR-FAKTOR YANG MEMENGARUHI. Jurnal Akuntansi, 10(1), 28–39. https://doi.org/10.46806/ja.v10i1.797
Retnosari, D., & Apriwenni, P. (2021b). OPINI AUDIT GOING CONCERN: FAKTOR-FAKTOR YANG MEMENGARUHI. Jurnal Akuntansi, 10(1), 28–39. https://doi.org/10.46806/ja.v10i1.797
Setiawan, F. (2015). Pengaruh Pertumbuhan Perusahaan, Profitabilitas, Likuiditas, dan Leverage Terhadap Opini Audit Going Concern Bambang Suryono Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya. Jurnal Ilmu & Riset Akuntansi, 4(3), 1–15.
SPAP seksi 341. (2011). Pertimbangan Auditor Atas Kemampuan Entitas Dalam Mempertahankan Kelangsungan Hidupnya. Standar Profesional Akuntan Publik No 30 SA Seksi 341, PSA No.30,06.
Sugiharto, G. A., Utaminingtyas, T. H., & Handarini, D. (2022). Analisis Pengaruh Financial Distress, Debt Default, dan Profitabilitas Terhadap Opini Audit Going Concern. In Perpajakan dan Auditing (Vol. 3, Issue 2). http://pub.unj.ac.id/journal/index.php/japaDOI:http://doi.org/XX.XXXX/JurnalAkuntansi,Perpajakan,danAuditing/XX.X.XX
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualtitatif, dan R&D. Bandung: Alfabeta.
Tri, A., Safi’i, Y., Jayanto, J., Akuntansi, F., Ekonomi, U. N., & Semarang, I. (2015). Accounting Analysis Journal ANALISIS FAKTOR-FAKTOR YANG BERPENGARUH TERHADAP AUDIT JUDGEMENT. In AAJ (Vol. 4, Issue 4). http://journal.unnes.ac.id/sju/index.php/aaj
Wahyudi, I., Lestari, E. H., & Mahroji. (2022). Pengaruh Financial Distress, Opinion Shopping, dan Opini Audit Tahun Sebelumnya Terhadap Penerimaan Opini Audit Going Concern. Jurnal Ilmiah Manajemen FORKAMMA, 5(2), 200–215.
Wardani, O., & Mulyani, D. S. (2019). Pergantian dan Fee Auditor, Kepemilikan Asing serta Opini Audit Going Concern dengan Pemoderasi Spesialisasi Auditor. Perspektif Akuntansi, 2(3), 289–310.
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Published
2024-07-16
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Tarigan, K. A. M., & Wijayanti, A. (2024). Faktor yang Mempengaruhi Opini Going Concern Dimoderasi Koneksi Politik. Jurnal Ilmiah Wahana Akuntansi, 19(1), 33–50. https://doi.org/10.21009/Wahana.19.013
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