Year: 2024 | Month: March | Volume: 11 | Issue: 3 | Pages: 30-44
DOI: https://doi.org/10.52403/ijrr.20240304
Analysis of the Influence of Company Growth, Profitability, Debt Default, Managerial Ownership, and Institutional Ownership on the Acceptance of Going Concern Audit Opinions in Manufactured Companies Listed on the IDX 2019-2021
Novia Indriani Putri1, Erlina2, Khaira Amalia Fachrudin3
1,2,3Department of Accounting, Faculty of Economics and Business Universitas Sumatera Utara, Indonesia
Corresponding Author: Novia Indriani Putri
ABSTRACT
This research aims to determine the influence of company growth, profitability, debt default, managerial ownership, and institutional ownership on the acceptance of going concern audit opinions in manufacturing companies on the IDX in 2019 - 2021.
This research was conducted based on the phenomenon that there are still companies with financial and non-financial problems that cause doubts about the company's ability to maintain its survival so that it receives a going concern audit opinion. The sampling technique used was the purposive sampling method, where a final sample of 167 companies was obtained with observations for three years for a total of 501 observation samples. The analysis technique used is Logistic Regression Analysis using the SPSS 24 program.
This research shows that company growth, managerial ownership, and institutional ownership have a significant negative effect on the acceptance of going concern audit opinions, and debt default has a significant positive effect on the acceptance of going concern audit opinions. Meanwhile, profitability does not significantly affect the acceptance of going-concern audit opinions.
Keywords: going concern audit opinion, company growth, profitability, debt default, managerial ownership, institutional ownership.
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