ANALISIS PENGARUH CORPORATE GOVERNANCE TERHADAP KEMUNGKINAN PEMBERIAN OPINI AUDIT GOING CONCERN OLEH AUDITOR INDEPENDEN (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI TAHUN 2009-2011)

Abstract

The aim of this study is to examine the effect of the role of corporate governance to the possibility
of issuance of going concern audit opinion by an independent auditor. The independent variables
are used in this study is the proportion of independent directors, managerial ownership, and
institutional ownership. This study is a replication of the study by Alexander et al., (2011) and used
84 manufacturing companies which listed on the Stock Exchange in the period 2009-2011 as the
sample. Samples were selected by purposive sampling method and finally obtained 38 companies
manufacturing a going concern audit opinion and 46 manufacturing companies with non-going
concern audit opinion. Data were analyzed using logistic regression analysis model. The results
show that the proportion of independent directors and institutional ownership has no effect on the
issuance of going concern audit opinion by an independent auditor, while managerial ownership
affect the administration going concern audit opinion by an independent auditor.