ARCHIVES
VOL. 8, ISSUE 6 (2023)
The Influence of share ownership structures and company characteristics on audit fee: Evidence from non-financial companies in Indonesia
Authors
Francis Boman Siahaan, Wahyu Meiranto
Abstract
The objective of this study was to observe the impact of share
ownership structure and company characteristics on audit fees paid to external
auditors by non-financial companies listed on the Indonesia Stock Exchange
between 2017 and 2020. The dependent variable in this study was audit fees,
while the independent variables were managerial ownership, foreign ownership,
government ownership, complexity, leverage, profitability, and current ratio.
The total sample size for this study was 675, as determined by the purposive
sampling method. For hypothesis testing, this study applied multiple regression
analysis with the SPSS 25 application. The findings indicated that the entire
corporate shareholding structure, including managerial shareholding, foreign
shareholding, and government shareholding, had a significant impact on audit
fee determination. Audit fees were significantly affected by company
characteristics such as complexity and leverage, whereas profitability and
current ratio had no influence. The research implications included the
significance of determining and disclosing audit fees as part of financial
reporting quality information, as well as the need to separate audit and
non-audit fees in audit fee proxies.
Download
Pages:1-7
How to cite this article:
Francis Boman Siahaan, Wahyu Meiranto "The Influence of share ownership structures and company characteristics on audit fee: Evidence from non-financial companies in Indonesia". International Journal of Academic Research and Development, Vol 8, Issue 6, 2023, Pages 1-7
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.