Open AccessAkuntabilitas koperasi simpan pinjam di Jawa Tengah
Author(s) -
Benedicta Adinsa Bella Savira,
Indira Januarti
Publication year - 2020
Publication title -
jurnal ekonomi dan bisnis
Language(s) - English
Resource type - Journals
eISSN - 2528-0147
pISSN - 1979-6471
DOI - 10.24914/jeb.v23i1.2775
Subject(s) - market liquidity , business , audit , loan , accountability , sample (material) , logistic regression , accounting , finance , statistics , chemistry , chromatography , political science , law , mathematics
Cooperatives’ executives rely on audited financial statements as a form of accountability to their members. The number of savings and loan cooperatives (KSP – Koperasi Simpan Pinjam) in Indonesia is growing rapidly. However, the issue of audit demands by cooperatives in Indonesia is still relatively understudied. Thus, this study seeks to empirically investigate the effects of cooperatives’ size (number of members and total assets) and financial indicators (liquidity and liabilities) on audit demands. The research sample is 108 primary cooperatives in Central Java Province generated from the Provincial Office of Cooperatives and Small and Medium Entreprises (SMEs) of Central Java that have savings and loans units. The logistic regression analysis demonstrates that number of members, total assets, and liabilities positively affect audit demand. However, liquidity ratio does not affect audit demand.