Pengaruh Corporate Governance, Kualitas Audit, dan Voluntary Disclousure Terhadap Biaya Hutang (Studi Empiris pada Perusahaan Go Public yang Terdaftar di CGPI Tahun 2009-2012)

Rahmawelly Yenibra (Alumni Program Studi Akuntansi Fakultas Ekonomi UNP)

Wahana Riset Akuntansi
Vol 3, No 1 (2015)

This research aims to get empirical eviden of the effect of corporate governance, audit quality, and voluntary disclosure on cost of debt (empirical study on public companies listed on CGPI). Cost of debt was measured using interest rate of debt costs, corporate governance was measured using corporate governance index, audit quality was measured using dummy variable, and voluntary disclosure was measured using voluntary disclosure index. This study is classified to causative research. The population of this study are public companies listed on CGPI in 2009-2012. 17 companies were selected as sample by using purposive sampling. Data were collected from www.bei.co.id. Analysis of the data was used panel data regression analysis. The empirically result showed that: (1) corporate governance does not significantly effect on the cost of debt. (2) audit quality has negative significantly effect on the cost of debt, and (3) voluntary sisclosure does not significantly effect on the cost of debt. Keywords: Cost of Debt, Corporate Governance, Audit Quality, and Voluntary Disclosure