Open AccessKONSEKUENSI PENERIMAAN OPINI GOING CONCERN DAN KUALITAS AUDITOR TERHADAP COST OF DEBT
Author(s) -
Evi Grediani,
Nanik Niandari
Publication year - 2017
Publication title -
jurnal akuntansi, ekonomi dan manajemen bisnis/jurnal akuntansi, ekonomi dan manajemen bisnis
Language(s) - English
Resource type - Journals
eISSN - 2548-9836
pISSN - 2337-7887
DOI - 10.30871/jaemb.v5i1.450
Subject(s) - auditor's report , debt , audit , accounting , quality audit , business , going concern , auditor independence , sample (material) , quality (philosophy) , inherent risk (accounting) , actuarial science , external auditor , finance , joint audit , internal audit , philosophy , chemistry , chromatography , epistemology
This paper described empirical research examining the effect of auditor going concern opinion and auditor quality on cost of debt. Auditor going concern opinion is measured by dummy variable, which value of 1 if the opinion is going concern, and 0 otherwise. Auditor quality is also measured by dummy variable, which value 1 if the opinion given by Big-4 auditor, and 0 otherwise. Cost of debt is measured by interest expense divided by total debt. Using multiple regression analysis and a sample of 244 manufacturing company periods 2011 – 2014, the research find that auditor quality negatively effect the cost of debt and auditor going concern opinion doesn’t effect cost of debt.