Pengaruh Opini Audit, Pergantian Manajemen dan Pertumbuhan Perusahaan Terhadap Auditor Switching Dengan Financial Distress Sebagai Variabel Moderasi (Studi Empiris pada Perusahaan Sektor Keuangan yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2019)
DOI:
https://doi.org/10.36815/prive.v3i2.892Keywords:
Auditor Switching, Audit Opinion, Management Change, Financial DistresAbstract
This research aims to analyze and obtain empirical evidence about the effect of audit opinion, management change and company growth on auditor switching with financial distress as a moderating variable. The population in this study were 90 financial sector companies listed on the Indonesia Stock Exchange for the 2017-2019 period. The sampling technique used purposive sampling, 42 samples were obtained for three years of observation to produce 126 units of analysis. The research data were obtained from audited financial statements, independent auditor's reports and the company's annual report downloaded from the website www.idx.co.id. The data analysis method uses descriptive statistical analysis, logistic regression analysis and Moderated Regression Analysis using SPSS version 22. The results of the study prove that simultaneous audit opinion, management change and company growth influence auditor switching. Partially the change of management and company growth has no effect on auditor switching. While audit opinion has a positive effect on auditor switching. Financial distress is able to moderate the change of management towards auditor switching, but it can’t moderate the relationship between audit opinion and company growth with auditor switching at financial sector companies listed on the Indonesia Stock Exchange in 2017-2019.
References
Abdul Nasser, A. T., Abdul Wahid, E., Mustapha Nazri, S. N. F. S., & Hudaib, M. (2006). “Auditor-client relationship: The case of audit tenure and auditor switching in Malaysia.” Managerial Auditing Journal, 21(7), 724–737. https://doi.org/10.1108/02686900610680512
Alexandra, P., Alegria, F., & Mouta, M. (2016). “The change of auditor?: The Portuguese case.” Cómo Citar Este Artículo:, 19(2), 181–186. https://doi.org/10.1016/j.rcsar.2015.05.001
Aprillia, E. (2013). Pengaruh Pergantian Manajemen , Ukuran KAP Terhadap Auditor Switching ( Studi Kasus pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2008-2011 ). Universitas Negeri Semarang.
Arezoo Aghaei Chadegani, Z. M. M. & A. J. (2011). “The Determinant Factors of Auditor Switch among Companies Listed on Tehran Stock Exchange.” International Research Journal of Finance and Economics, 80, 158–167. http://www.internationalresearchjournaloffinanceandeconomics.com
Astria, D., & Wenny, C. D. (2018). “Pengaruh Opini Audit dan Ukuran Perusahaan Pada Auditor Switching dengan Financial Distress Sebagai Variabel Moderasi.” x, 1–16.
Budisantoso, T., Rahmawati, R., Bandi, B., & Probohudono, A. N. (2017). “Determinant of Downward Auditor Switching.” Jurnal Akuntansi Multiparadigma, 8(3), 444–457. https://doi.org/10.18202/jamal.2017.12.7065
Calderon, T. G. and E. O. (2008). “Determinants of Client-initiated and Auditor-initiated Auditor Changes.” Managerial Auditing Journal, 24–32(23 (1)).
Cameran, Mara, Annalisa Prencipe, & M. T. (2009). “Does Mondatory Audit Firm Rotation Really Improve Audit Quality.” Annual Meeting New York, 1–10.
Carcello, J.V., & T. L. N. (2003). “Audit Committee Characteristics and Auditor Dismissals following New Going Concern Reports.” The Accounting Review, 95–105(78(1)).
Cooke, M. H. & T. E. (2005). The Impact of Managing Director Changes and Financial Distress on Audit The Impact of Managing Director Changes and Financial Distress on Audit Qualification and Auditor Switching. Journal of Business Finance & Accounting, 32(9), 1703–1736. https://doi.org/10.1111/j.0306-686X.2005.00645.x
Dermawan, A. (2019). “Analisis Faktor-Faktor Yang Mempengaruhi Auditor Switching” [Universitas Sumatera Utara]. http://eprints.ums.ac.id/id/eprint/51689
Eisenhardt, K. M. (1989). “Agency Theory: An Assessment and Review.” Academy of Management Review, 14(1), 57–74.
Faradila, Y., Yahya, M. R., Akuntansi, P. S., & Kuala, U. S. (2016). “Pengaruh Opini Audit , Financial Distress dan Pertumbuhan Perusahaan Klien Terhadap Auditor Switching.” Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi (JIMEKA), 1(1), 81–100.
Ghozali, I. (2013). “Aplikasi Analisis Multivariat dengan Program IBM SPSS 21” (Edisi 7). Penerbit Universitas Diponegoro.
Hery. (2016). Auditing dan Assurans. Grasindo.
Holowczak, R., Louton, D., & Saraoglu, H. (2019). “Testing market response to auditor change filings?: A comparison of machine learning classifiers.” The Journal of Finance and Data Science, 5(1), 48–59. https://doi.org/10.1016/j.jfds.2018.08.001
Jogiyanto. (2010). “Teori Portofolio dan Analisis Investasi” (Tujuh). BPFE-Yogyakarta.
Karina, F. L., Kholmi, M., & Harventy, G. (2017). “Pengaruh Opini Going Concern, Pergantian Manajemen Dan Ekspansi Internal Terhadap auditor Switching Secara Voluntary.” Jurnal Reviu Akuntansi Dan Keuangan, 4(1), 555–562. https://doi.org/10.22219/jrak.v4i1.4928
Katadata.co.id. (2019). “Kronologi Kemelut Jiwasraya dari Masa Pemerintahan SBY hingga Jokowi.” https://katadata.co.id/berita/2019/12/22/kronologi-kemelut-jiwasraya-dari-masa-sby-hingga-jokowi
Khasharmeh, H. A. (2015). “Determinants Of Auditor Switching In Bahraini’s Listed Companies - An Empirical Study.” European Journal of Accounting, Auditing and Finance Research, 3(11), 73–99.
Liputan6.com. (2014). “Enron, Skandal Besar Perusahaan Energi yang Cekik Investor.” https://www.liputan6.com/bisnis/read/2031867/enron-skandal-besar-perusahaan-energi-yang-cekik-investor
Manto, J. I., & Lesmana Wanda, D. (2018). “Pengaruh Financial Distress, Pergantian Manajemen dan Ukuran KAP Terhadap Auditor Switching.” Media Riset Akuntansi, Auditing & Informasi, 18(2), 205. https://doi.org/10.25105/mraai.v18i2.3212
Maryani, S., Respati, N. W., & Safrida, L. (2017). “Pengaruh Financial Distress, Pertumbuhan Perusahaan, Rentabilitas, Ukuran KAP dan Ukuran Perusahaan Terhadap Pergantian Auditor.” Jurnal Reviu Akuntansi Dan Keuangan, 6(2), 873–884. https://doi.org/10.22219/jrak.v6i2.04
Meckling, M. c. J. and W. H. (1976). "Theory of The Firm?: Managerial Behavior , Agency Costs And Ownership Structure I ". Journal of Financial Economics, 3, 305–360.
Mohammad Bagherpour, G. S. M. and G. S. (2010). Auditor Switching in an Increasingly Competitive Audit Market. Working Papers, 1–31.
Mulyadi. (2014). Auditing Buku 1 (Edisi 6). Salemba Empat.
Nasir, A. (2018). “Pengaruh Opini Audit, Pergantian Manajemen dan Fee Audit Terhadap Auditor Switching dengan Financial Distress Variabel Moderasi”. JOM FEB, 1(1), 1–15.
Nazri, S. N. F. S. M., Smith, M., & Ismail, Z. (2012). Factors influencing auditor change: evidence from Malaysia. Asian Review of Accounting.
Peraturan Pemerintah Nomor 20 Tahun 2015 tentang “Praktik Akuntan Publik.”
Pradana Pinto, T. (2016). Kemampuan Pertumbuhan Perusahaan Memoderasi Pengaruh Financial Distress Terhadap Auditor Switching. E-Jurnal Akuntansi, 15(1), 727–753.
Praptika, P., & Rasmini, N. (2016). “Pengaruh Audit Tenure, Pergantian Auditor dan Financial Distress pada Audit Delay.” E-Jurnal Akuntansi, 15(3), 2052–2081.
Primbardi, R. B. (2014). Determinan Auditor Switching Pada Perusahaan Non Keuangan. Universitas Diponegoro.
Putra, I., & Suryanawa, I. (2016). “Pengaruh Opini Audit dan Reputasi KAP Pada Auditor Switching dengan Financial Distress Sebagai Variabel Moderasi.” E-Jurnal Akuntansi, 14(2), 1120–1149.
Riduwan, C. S. dan A. (2015). “Faktor – Faktor yang Memengaruhi Perusahaan Melakukan Pergantian Auditor”. Jurnal Ilmu & Riset Akuntansi.
Rosita, S. (2019). “Faktor-Faktor yang berpengaruh Terhadap Auditor Switching dengan Financial Distress Sebagai Variabel Moderasi.” Accounting Analysis Journal, 4(672013167), 0–18.
Safriliana, R., & Muawanah, S. (2019). “Faktor yang Memengaruhi Auditor Switching di Indonesia.” Jurnal Akuntansi Aktual, 5(3), 234–240. https://doi.org/10.17977/um004v5i32019p234
Salleh, K., & Jasmani, H. (2014). “Audit rotation and audit report?: empirical evidence from Malaysian PLCs over the period of ten years.” Procedia - Social and Behavioral Sciences, 145, 40–50. https://doi.org/10.1016/j.sbspro.2014.06.009
Saputra, G. (2017). “Pengaruh Opini Going Concern dan Pergantian Manajemen Terhadap Auditor Switching, Reputasi Auditor Sebagai Variabel Moderating.” JOM Fekon, 4(1), 3256–3268.
Saputri, I. I. (2018). Pengaruh Opini Audit, Ukuran Kap, Pergantian Manajemen, Financial Distress, Dan Profitabilitas Perusahaan Terhadap Auditor Switching.
Svanberg, J. dan P. O. (2015). “Lost Revenues Associated with Going Concern Modified Opinions in the Swedish Audit Market.” Journal of Applied Accounting Research, 15(2), 197–214.
Syofyan, F. Z. dan E. (2019). “Pengaruh Financial Distress, Pertumbuhan Perusahaan Klien, Ukuran KAP, dan Audit Delay Terhadap Auditor Switching.” Jurnal Eksplorasi Akuntansi, 1 (3)(Seri F), 1556–1568. http://jea.ppj.unp.ac.id/index.php/jea/issue/view/13
Tami Rezki Pratiwi Sudrajad, D. P. dan E. S. (2019). “Faktor-Faktor yang Mempengaruhi Auditor Switching.” E-Proceeding of Management, 6(1), 600–613.
Ulya, H. (2019). Pengaruh Pertumbuhan Perusahaan, Pergantian Manajemen, Opini Audit, Financial Distress dan Ukuran KAP Terhadap Auditor Switching. Universitas Muhammadiyah Surakarta.
Walidi, R. R. B. M. dan S. (2019). “Pengaruh Ukuran Perusahaan, Pertumbuhan Perusahaan dan Ukuran KAP Terhadap Auditor Switching.” Jurnal Akrab Juara, 6(1), 196–209. https://doi.org/10.1109/MTAS.2004.1371634
Weston, J. F. dan T. E. C. (1997). Manajemen Keuangan (edisi 9). Binarupa Aksara.
Yudha, P., Putri, A., Bagus, I., & Astika, P. (2017). “Kemampuan Pergantian Auditor dan Prior Opinion Memoderasi Pengaruh Potensi Financial Distress Terhadap Opini Going Concern.” E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 9(6), 3259–3284.
Yusriwarti. (2019). Pengaruh Opini Audit, Financial Distress dan Ukuran Perusahaan Terhadap Auditor Switching pada Perusahaan Manufaktur yang terdaftar di BEI. Jurnal Akuntansi Dan Keuangan, 8(1), 94–109.
www.idx.co.id
Alexandra, P., Alegria, F., & Mouta, M. (2016). “The change of auditor?: The Portuguese case.” Cómo Citar Este Artículo:, 19(2), 181–186. https://doi.org/10.1016/j.rcsar.2015.05.001
Aprillia, E. (2013). Pengaruh Pergantian Manajemen , Ukuran KAP Terhadap Auditor Switching ( Studi Kasus pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2008-2011 ). Universitas Negeri Semarang.
Arezoo Aghaei Chadegani, Z. M. M. & A. J. (2011). “The Determinant Factors of Auditor Switch among Companies Listed on Tehran Stock Exchange.” International Research Journal of Finance and Economics, 80, 158–167. http://www.internationalresearchjournaloffinanceandeconomics.com
Astria, D., & Wenny, C. D. (2018). “Pengaruh Opini Audit dan Ukuran Perusahaan Pada Auditor Switching dengan Financial Distress Sebagai Variabel Moderasi.” x, 1–16.
Budisantoso, T., Rahmawati, R., Bandi, B., & Probohudono, A. N. (2017). “Determinant of Downward Auditor Switching.” Jurnal Akuntansi Multiparadigma, 8(3), 444–457. https://doi.org/10.18202/jamal.2017.12.7065
Calderon, T. G. and E. O. (2008). “Determinants of Client-initiated and Auditor-initiated Auditor Changes.” Managerial Auditing Journal, 24–32(23 (1)).
Cameran, Mara, Annalisa Prencipe, & M. T. (2009). “Does Mondatory Audit Firm Rotation Really Improve Audit Quality.” Annual Meeting New York, 1–10.
Carcello, J.V., & T. L. N. (2003). “Audit Committee Characteristics and Auditor Dismissals following New Going Concern Reports.” The Accounting Review, 95–105(78(1)).
Cooke, M. H. & T. E. (2005). The Impact of Managing Director Changes and Financial Distress on Audit The Impact of Managing Director Changes and Financial Distress on Audit Qualification and Auditor Switching. Journal of Business Finance & Accounting, 32(9), 1703–1736. https://doi.org/10.1111/j.0306-686X.2005.00645.x
Dermawan, A. (2019). “Analisis Faktor-Faktor Yang Mempengaruhi Auditor Switching” [Universitas Sumatera Utara]. http://eprints.ums.ac.id/id/eprint/51689
Eisenhardt, K. M. (1989). “Agency Theory: An Assessment and Review.” Academy of Management Review, 14(1), 57–74.
Faradila, Y., Yahya, M. R., Akuntansi, P. S., & Kuala, U. S. (2016). “Pengaruh Opini Audit , Financial Distress dan Pertumbuhan Perusahaan Klien Terhadap Auditor Switching.” Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi (JIMEKA), 1(1), 81–100.
Ghozali, I. (2013). “Aplikasi Analisis Multivariat dengan Program IBM SPSS 21” (Edisi 7). Penerbit Universitas Diponegoro.
Hery. (2016). Auditing dan Assurans. Grasindo.
Holowczak, R., Louton, D., & Saraoglu, H. (2019). “Testing market response to auditor change filings?: A comparison of machine learning classifiers.” The Journal of Finance and Data Science, 5(1), 48–59. https://doi.org/10.1016/j.jfds.2018.08.001
Jogiyanto. (2010). “Teori Portofolio dan Analisis Investasi” (Tujuh). BPFE-Yogyakarta.
Karina, F. L., Kholmi, M., & Harventy, G. (2017). “Pengaruh Opini Going Concern, Pergantian Manajemen Dan Ekspansi Internal Terhadap auditor Switching Secara Voluntary.” Jurnal Reviu Akuntansi Dan Keuangan, 4(1), 555–562. https://doi.org/10.22219/jrak.v4i1.4928
Katadata.co.id. (2019). “Kronologi Kemelut Jiwasraya dari Masa Pemerintahan SBY hingga Jokowi.” https://katadata.co.id/berita/2019/12/22/kronologi-kemelut-jiwasraya-dari-masa-sby-hingga-jokowi
Khasharmeh, H. A. (2015). “Determinants Of Auditor Switching In Bahraini’s Listed Companies - An Empirical Study.” European Journal of Accounting, Auditing and Finance Research, 3(11), 73–99.
Liputan6.com. (2014). “Enron, Skandal Besar Perusahaan Energi yang Cekik Investor.” https://www.liputan6.com/bisnis/read/2031867/enron-skandal-besar-perusahaan-energi-yang-cekik-investor
Manto, J. I., & Lesmana Wanda, D. (2018). “Pengaruh Financial Distress, Pergantian Manajemen dan Ukuran KAP Terhadap Auditor Switching.” Media Riset Akuntansi, Auditing & Informasi, 18(2), 205. https://doi.org/10.25105/mraai.v18i2.3212
Maryani, S., Respati, N. W., & Safrida, L. (2017). “Pengaruh Financial Distress, Pertumbuhan Perusahaan, Rentabilitas, Ukuran KAP dan Ukuran Perusahaan Terhadap Pergantian Auditor.” Jurnal Reviu Akuntansi Dan Keuangan, 6(2), 873–884. https://doi.org/10.22219/jrak.v6i2.04
Meckling, M. c. J. and W. H. (1976). "Theory of The Firm?: Managerial Behavior , Agency Costs And Ownership Structure I ". Journal of Financial Economics, 3, 305–360.
Mohammad Bagherpour, G. S. M. and G. S. (2010). Auditor Switching in an Increasingly Competitive Audit Market. Working Papers, 1–31.
Mulyadi. (2014). Auditing Buku 1 (Edisi 6). Salemba Empat.
Nasir, A. (2018). “Pengaruh Opini Audit, Pergantian Manajemen dan Fee Audit Terhadap Auditor Switching dengan Financial Distress Variabel Moderasi”. JOM FEB, 1(1), 1–15.
Nazri, S. N. F. S. M., Smith, M., & Ismail, Z. (2012). Factors influencing auditor change: evidence from Malaysia. Asian Review of Accounting.
Peraturan Pemerintah Nomor 20 Tahun 2015 tentang “Praktik Akuntan Publik.”
Pradana Pinto, T. (2016). Kemampuan Pertumbuhan Perusahaan Memoderasi Pengaruh Financial Distress Terhadap Auditor Switching. E-Jurnal Akuntansi, 15(1), 727–753.
Praptika, P., & Rasmini, N. (2016). “Pengaruh Audit Tenure, Pergantian Auditor dan Financial Distress pada Audit Delay.” E-Jurnal Akuntansi, 15(3), 2052–2081.
Primbardi, R. B. (2014). Determinan Auditor Switching Pada Perusahaan Non Keuangan. Universitas Diponegoro.
Putra, I., & Suryanawa, I. (2016). “Pengaruh Opini Audit dan Reputasi KAP Pada Auditor Switching dengan Financial Distress Sebagai Variabel Moderasi.” E-Jurnal Akuntansi, 14(2), 1120–1149.
Riduwan, C. S. dan A. (2015). “Faktor – Faktor yang Memengaruhi Perusahaan Melakukan Pergantian Auditor”. Jurnal Ilmu & Riset Akuntansi.
Rosita, S. (2019). “Faktor-Faktor yang berpengaruh Terhadap Auditor Switching dengan Financial Distress Sebagai Variabel Moderasi.” Accounting Analysis Journal, 4(672013167), 0–18.
Safriliana, R., & Muawanah, S. (2019). “Faktor yang Memengaruhi Auditor Switching di Indonesia.” Jurnal Akuntansi Aktual, 5(3), 234–240. https://doi.org/10.17977/um004v5i32019p234
Salleh, K., & Jasmani, H. (2014). “Audit rotation and audit report?: empirical evidence from Malaysian PLCs over the period of ten years.” Procedia - Social and Behavioral Sciences, 145, 40–50. https://doi.org/10.1016/j.sbspro.2014.06.009
Saputra, G. (2017). “Pengaruh Opini Going Concern dan Pergantian Manajemen Terhadap Auditor Switching, Reputasi Auditor Sebagai Variabel Moderating.” JOM Fekon, 4(1), 3256–3268.
Saputri, I. I. (2018). Pengaruh Opini Audit, Ukuran Kap, Pergantian Manajemen, Financial Distress, Dan Profitabilitas Perusahaan Terhadap Auditor Switching.
Svanberg, J. dan P. O. (2015). “Lost Revenues Associated with Going Concern Modified Opinions in the Swedish Audit Market.” Journal of Applied Accounting Research, 15(2), 197–214.
Syofyan, F. Z. dan E. (2019). “Pengaruh Financial Distress, Pertumbuhan Perusahaan Klien, Ukuran KAP, dan Audit Delay Terhadap Auditor Switching.” Jurnal Eksplorasi Akuntansi, 1 (3)(Seri F), 1556–1568. http://jea.ppj.unp.ac.id/index.php/jea/issue/view/13
Tami Rezki Pratiwi Sudrajad, D. P. dan E. S. (2019). “Faktor-Faktor yang Mempengaruhi Auditor Switching.” E-Proceeding of Management, 6(1), 600–613.
Ulya, H. (2019). Pengaruh Pertumbuhan Perusahaan, Pergantian Manajemen, Opini Audit, Financial Distress dan Ukuran KAP Terhadap Auditor Switching. Universitas Muhammadiyah Surakarta.
Walidi, R. R. B. M. dan S. (2019). “Pengaruh Ukuran Perusahaan, Pertumbuhan Perusahaan dan Ukuran KAP Terhadap Auditor Switching.” Jurnal Akrab Juara, 6(1), 196–209. https://doi.org/10.1109/MTAS.2004.1371634
Weston, J. F. dan T. E. C. (1997). Manajemen Keuangan (edisi 9). Binarupa Aksara.
Yudha, P., Putri, A., Bagus, I., & Astika, P. (2017). “Kemampuan Pergantian Auditor dan Prior Opinion Memoderasi Pengaruh Potensi Financial Distress Terhadap Opini Going Concern.” E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 9(6), 3259–3284.
Yusriwarti. (2019). Pengaruh Opini Audit, Financial Distress dan Ukuran Perusahaan Terhadap Auditor Switching pada Perusahaan Manufaktur yang terdaftar di BEI. Jurnal Akuntansi Dan Keuangan, 8(1), 94–109.
www.idx.co.id
Downloads
Published
2020-12-19
How to Cite
Kaamilah, N., Nugroho, T. R., & Dwihandoko, T. H. (2020). Pengaruh Opini Audit, Pergantian Manajemen dan Pertumbuhan Perusahaan Terhadap Auditor Switching Dengan Financial Distress Sebagai Variabel Moderasi (Studi Empiris pada Perusahaan Sektor Keuangan yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2019). PRIVE: Jurnal Riset Akuntansi Dan Keuangan, 3(2), 85–99. https://doi.org/10.36815/prive.v3i2.892
Issue
Section
Articles
.png){kind=logo}
