IMPLIKASI KARAKTERISTIK AUDITOR TERHADAP KUALITAS AUDIT: PENDEKATAN KONTINJENSI CORPORATE GOVERNANCE

Abstract

This study aims to analyze the influence of corporate governance mechanisms comprising the Audit Committee, Board of Directors Change, and Capital Structure on Audit Report Lag and their implications for Firm Value, with Audit Report Lag serving as a mediating variable and Audit Quality as a moderating variable. The research employs a quantitative approach using secondary data from 34 industrial sector companies listed on the Indonesia Stock Exchange during 2020–2024. Data were analyzed using panel data regression through the Fixed Effect Model (FEM) and Moderated Regression Analysis (MRA). The results show that the Audit Committee and Capital Structure have a significant negative effect on Audit Report Lag, while the Board of Directors Change has no significant effect. Furthermore, Audit Report Lag has a significant negative effect on Firm Value and partially mediates the relationship between Audit Committee and Capital Structure with Firm Value. Audit Quality strengthens the effect of Audit Committee and Capital Structure on Firm Value but does not moderate the relationship between Board of Directors Change and Firm Value. These findings support Agency Theory, Signaling Theory, and Trade-Off Theory, emphasizing that effective governance, efficient capital structure, and high audit quality enhance reporting credibility and corporate value.