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Journal : JAKED

MEKANISME INTERNAL DAN EKSTERNAL CORPORATE GOVERNANCE DALAM MEMITIGASI FINANCIAL DISTRESS (Studi Terhadap Perusahaan Manufaktur yang Terdaftar pada Bursa Efek Indonesia Periode 2011-2015) I Irma Yanti; Meinarni Asnawi; Aaron M. A Simanjuntak
JURNAL AKUNTANSI DAN KEUANGAN DAERAH Vol 13 No 1 (2018)
Publisher : Jurnal Akuntansi dan Keuangan Daerah

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (764.186 KB) | DOI: 10.52062/jakd.v13i1.1422

Abstract

This study examines whether internal and external corporate governance (CG) mechanisms can reduce the distressed financial pressures in Indonesian manufacturing industry. As a consideration,This research was investigated whether the internal mechanisms of CG, represented by independent committees as well as audit committee characteristics, and CG's external mechanisms whichdemonstrated by audit quality, have a negative relationship with distressed financial pressures on the manufacturing industry on the Indonesia Stock Exchange. Samples were obtained from 64 manufacturing companies with purposive sampling as a sampling method, and they were collectedof 320 company observations from 2011 to 2015 as samples. Data were obtained from the Company's Annual Report published by the Indonesia Stock Exchange from 2011 to 2015 as well as from the respective company's website. By using logistic regression analysis, this research shows that audit committee characteristics have a significant effect on the financial distress. However, there is no significant effect on the relation between Independent commissioners and audit quality.
Co-Authors Aaron M. A. Simanjuntak Adli Putra Ermanda Ady Ferdian Noor Alia Rahayu, Maria Andi Sukma Indah Anggraeni, Ira Anisa Nur Azizah, Anisa Nur Annastasya Kamilla , Shafa Apriningrum, Nelly Arikah Abiyyah, Najwa ariyati, Yannik Aslamiah, Shuaibatul Ayu Permata Sari Baehaqi Bulkani, Bulkani Darman, Darman Darmawan, Sri Donanda, Pronica Imel Eddy Noviana Eldo, Handry Ema Utami Erianjoni Erianjoni Faizin, Rusdi Fathia GR, Fyrensha Halim, Muliha haloho, ruth Hamdayani P, Irma Hamdayani, Irma Hannie Haskas, Yasir Helnayatun, Helnayatun Henni Kumaladewi Hengky Herlina Hilmiah, Yayah Husin, M. Iin Nurbudiyani Irawaty Irawaty Jumino Suhadi, Jumino Khatifah Lilis Suryani Lubis, Bastian M Hendriawan Hadi M. Manugeren, M. M. Yogi Riyantama Isjoni mahanani, Agni Ayudha Meinarni Asnawi, Meinarni Moh. Heru Budihantho Mohamad Ariansidi Muhaemin Muhaemin Muhammad Izzul Anshori Munawarah Munawarah Naurah, Risky Indah Novita Gunawan, Ni Putu Ika Nugroho, Yoga Nur Fika , Naura Nurlailasari, Ella Nurmiati Nurmiati Palayukan, Jisril Pratiwi, Nita Adila Putra, Bagaskara Putri Utami, Praditya Putri, Dwi Rencani Rahmah Johar Rahmat Rahmat Raidayani Raidayani Rina Marlina Risal, Semuel Rizka Puri Utami, Nuralya Rudi Amir, Rudi Ruth Dameria Haloho Sadimantara, Muhammad Syukri Sakina, Rahma Setiawati, Riska Siregar, Bahtiar Siti Nuraliah, Siti Sopiah, Oon Sri Mulyati Suhartini, Leni Suhermin, Suhermin Syaepul Uyun, Aip Tamrin Tamrin Uway Wariah Wariyah, Uway Weny Dwi Ningtiyas Widianto, Ahmad Rhicho Wiri Wirastuti  Yesi Astri Zariul Antosa