Pengaruh Penerapan Good Coorporate Governance Terhadap Audit Delay Pada Perusahaan Otomotif dan Komponennya Di Bursa Efek Indonesia

Abstract

Companies registered in the capital market must submit periodic financial reports and announce to the public. Information can be useful, if presented accurately and on time when required by users of financial statements. The timing of the audit completion will affect the timeliness of the published information. Delay in publication due to audit delay, causing negative market reaction. Implementation Good corporate governance is expected to prevent fraud and delay in financial reporting prepared by management, so as to avoid the occurrence of audit delay.

In this study GCG is represented by managerial ownership variables, independent board of commissioners, board of directors, and audit committee. So the purpose of this study is to examine the effect of Good Corporate Governance implementation on on audit delay in automotive companies and its components in Indonesia Stock Exchange.

This study uses the population of all automotive companies and its components listed on the Indonesia Stock Exchange (BEI) as many as 13 companies in the period 2014-2016. Sampling technique using purposivesampling.The secondary data collection in this study comes from the Indonesia Stock Exchange, which can be accessed on the Indonesia Stock Exchange website. Data analysis technique using SPSS 20.

The results showed that the variable of managerial ownership and independent board of commissioner had no effect on audit delay. he variables of the board of directors and audit committee affect the audit delay.