Pemilihan Auditor Spesialis Industri, Kepemilikan Institusional dan Utang Perusahaan di Pasar Modal Indonesia

Abstract

This study aims to unveil the influence of institutional ownership and corporate debt on the probability of selecting industry specialist auditors. The sample of this study is 164 companies which have been audited by the big 4 and listed on the Indonesia Stock Exchange (IDX) from 2012 to 2016. The total observation is 733 firm-years and the data was analysed using OLS pooled regression and logistic regression. The results showed a positive and significant effect of the institutional ownership on the selection of specialist auditors, while corporate debt has no significant influence.