The Effect of Liquidity, Solvability and Profitability on Audit Delay with Company Size as A Moderating Variable (Indonesian State-Owned Banks & Malaysian Private Banks)
Keywords:
Liquidity, Solvability, Profitability, Audit Delay, Company Size
Abstract
This study was conducted to understand and analyze the effect of liquidity, solvability, and profitability on audit delay at state-owned banks in Indonesia and private banks in Malaysia. It also aims to determine whether company size can moderate the effect of liquidity, solvability, and profitability on audit delay in state-owned banks in Indonesia and private banks in Malaysia. The research is causal associative research conducted using a quantitative approach. The population in this study were state-owned banking companies listed on the Indonesia Stock Exchange, totalling 5 companies, and private banking companies listed on the Malaysia Stock Exchange, totalling 10 companies, with an observation time of five years. The sample is determined using the saturation technique so that the number of observations is 75 data units. The data analysis technique used in this research is Panel Data Regression Analysis and Interaction Test with the help of Eviews 13 software. The results obtained in this study indicate that liquidity has a negative and significant effect on audit delay, while solvability has a positive and significant impact. Meanwhile, profitability does not affect audit delays in Indonesian state-owned and Malaysian private banking companies. Other results in this study indicate that company size can moderate the effect of liquidity and solvability on audit delay. However, it cannot moderate the impact of profitability on audit delay.
References
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21. Suhendi, R., & Firmansyah, A. (2022). Kesulitan Keuangan, Proporsi Hutang dan Peluang Investasi, Audit Delay: Peran Moderasi Dewan Komisaris Independen. Owner: Riset dan Jurnal Akuntansi, 6(2), 1373-1384. http://owner.polgan.ac.id/index.php/owner/article/view/746
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23. Yuniawati, A. S., & Permana, T. (2023). The Effect Of Audit Solvency And Opinion On Audit Delay (Empire Study On Technology Companies Listed On The Indonesia Stock Exchange Period 2016–2020). Journal of Business, Accounting and Finance, 5(1), 67. https://ejournal.unsap.ac.id/index.php/ job/article/view/875/392
2. Amalia, R., & Yusuf, P. S. (2023). The Effect of Profitability, Solvency, Audit Committee, and Audit Quality on Audit Delay. Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan, 5(6), 2763-2771. https://doi.org/10.32670/ fairvalue.v5i6.2822
3. Andreas, H. H., & Chang, M. L. (2020). Audit Delays and Firm Characteristics on the Second Phase of IFRS Adoption in Indonesian. Review of Integrative Business and EconomicsResearch, 9,140-155.https://sibresearch.org/uploads/3/4/0/9/34097180/riber_9-s3_13_s19-071_140-155.pdf
4. Ariestia, S., & Sihombing, T. (2021). Pengaruh Audit Opinion, Audit Tenure, Dan Profitabilitas Terhadap Audit Delay Dengan Reputasi Kantor Akuntan Publik (Kap) Sebagai Variabel Moderasi. Jurakunman (Jurnal Akuntansi Dan Manajemen), 14(1), 26-43. http://dx.doi.org/10.48042/ jurakunman.v14i1.59
5. Endri, E., Dewi, S. S., & Pramono, S. E. (2023). The Determinants of Audit Report Lag: Evidence From Indonesia. Innovations, 21(1), 1-12. https://doi.org/10.21511/imfi.21(1).2024.01
6. Faraji, O., Mohammad Rezaei, F., Yazdifar, H., Ahmed, K., & Najafi Gadikelaei, Y. (2023). Audit Qualification Paragraphs and Audit Report Lag: Evidence from Iran. Spanish Journal of Finance and Accounting/Revista Española de Financiación y Contabilidad, 52(3), 348-383. https://doi.org/10.1080/02102412.2022.2086731
7. Harahap, L. (2023). Determinant of Audit Delay: Empirical Study of Companies in Indonesia. INQUISITIVE: International Journal of Economic, 3(2), 115-122. https://doi.org/10.35814/inquisitive.v3i2.4346
8. Habbe, A.H., Rasyid, S., Arif, H., (2019). Measuring internal auditor’s intention to blow the whistle (A Quasi-experiment of internal auditors in the local government). Business: Theory and Practice. 20 224-233. https://doi.org/10.3846/btp.2019.22
9. Ikhsan, A., Masatip, A., & Julvirta, E. (2024). Analysis of influencing factors audit delay on registered banking firms on the Indonesian stock exchange before and during the pandemic period. Nurture, 18(2), 508-517. https://doi.org/10.55951/nurture.v18i2.660
10. Kamil, K., Widyastuti, T., & Ahmar, N. (2023). Determinants Audit Report Delay and Its Effects on Investor Reaction in Public Companies in Indonesia. Economics and Business Quarterly Reviews, 6(1). https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4365874
11. Lestari, T. U. (2023). Pengaruh Ukuran Perusahaan, Kepemilikan Institusional dan Opini Audit terhadap Ketepatan Waktu Pelaporan Keuangan (Studi pada Perusahaan Energi yang Terdaftar di Bursa Efek Indonesia Periode 2018-2021). eProceedings of Management, 10(5).https://openlibrarypublications.telkomuniversity.ac.id/index.php/management/article/download/21080/20375
12. Loukil, L. F. (2023). IFRS Adoption and Audit Delay: the Case of The Large French Listed Companies. Journal of Accounting, Business and Management (JABM), 30(1), 11-27. https://doi.org/10.31966/jabminternational. v30i1.670
13. Murdijaningsih, T., Bariyah, S., & Danuta, K. S. (2022). Determinant Analysis of Audit delay: Empirical Study on Companies in the Consumer cyclical Sector. Procedia of Social Sciences and Humanities, 3, 460-467. https://doi.org/10.21070/pssh.v3i.139
14. Nanda, A. A. A. D. N., Sunarsih, N. M., & Munidewi, I. B. (2022). Umur Perusahaan, Profitabilitas, Solvabilitas, Ukuran Kap Dan Opini Auditor Terhadap Audit Delay Pada Perusahaan Sektor Property Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2018-2020. Kumpulan Hasil Riset Mahasiswa Akuntansi (KHARISMA), 4(1), 430-441. https://e-journal.unmas.ac.id/index.php/kharisma/article/view/4586/3564
15. Park, H. J., & Choi, J. (2023). Financial Distress and Audit Report Lags: An Empirical Study in Korea. Gadjah Mada International Journal of Business, 25(3), 301-326. https://search.informit.org/doi/abs/10.3316/informit.297818058837252
16. Pratama, Y., Yumnazdi, F., Sjuchro, D. W., & Atmanegara, A. W. (2021). Around The Computer Auditing Model in Bridestory Business Startup. In Intelligent and Reliable Engineering Systems (pp. 149-151). CRC Press. ISBN: 9780367567781. https://doi.org/10.1201/9781003208365
17. Polii, H. R. L., Morasa, J., & Wokas, H. R. (2023). Unraveling The Mystery of Audit Delay: How Financial Performance and Non-Financial Factors Affect Audit Timing. Accountability, 12(2), 15-25. https://ejournal.unsrat.ac.id/index.php/accountability/article/view/51156
18. Putra, E. M., & Budianto, A. (2023). Pengaruh Ukuran Perusahaan dan Opini Audit Terhadap Ketepatan Waktu Publiksai Pelaporan Keuangan (Studi Pada Perusahaan Subsektor Makanan Dan Minuman Yang Terdaftar Di Indeks Saham Syariah Indonesia ISSI Periode 2019-2021). Jurnal Ilmiah Manajemen, Ekonomi dan Bisnis, 2(3), 8-34. https://doi.org/10.51903/ jimeb.v2i3.668
19. Putri, T. H., & Nugroho, L. (2023). Pengaruh Profitabilitas, Leverage, Likuiditas, dan Ukuran Perusahaan Terhadap Ketepatan Waktu Pelaporan Keuangan. ARBITRASE: Journal of Economics and Accounting, 3(3), 562-572. http://djournals.com/arbitrase/article/view/705
20. Spence, M, (1973). Job Market Signaling. Quarterly Journal of Economics, 87. 355-374. https://www.jstor.org/stable/1882010
21. Suhendi, R., & Firmansyah, A. (2022). Kesulitan Keuangan, Proporsi Hutang dan Peluang Investasi, Audit Delay: Peran Moderasi Dewan Komisaris Independen. Owner: Riset dan Jurnal Akuntansi, 6(2), 1373-1384. http://owner.polgan.ac.id/index.php/owner/article/view/746
22. Virginia, A. M., Djajadikerta, H., Setiawan, A., & Wirawan, S. (2024). Pengaruh Proporsi Dewan Komisaris Independen, Likuiditas, dan Solvabilitas terhadap Audit Delay Perusahaan pada Industri Property dan Real Estate yang Terdaftar di BEI pada Tahun 2018-2021. Journal of Economics and Business UBS, 13(1), 58-71. https://doi.org/10.52644/joeb.v13i1.847
23. Yuniawati, A. S., & Permana, T. (2023). The Effect Of Audit Solvency And Opinion On Audit Delay (Empire Study On Technology Companies Listed On The Indonesia Stock Exchange Period 2016–2020). Journal of Business, Accounting and Finance, 5(1), 67. https://ejournal.unsap.ac.id/index.php/ job/article/view/875/392
Published
2024-06-25
How to Cite
Amelia Anggraini, Iskandar Muda, & Firman Syarif. (2024). The Effect of Liquidity, Solvability and Profitability on Audit Delay with Company Size as A Moderating Variable (Indonesian State-Owned Banks & Malaysian Private Banks). Revista Electronica De Veterinaria, 25(1), 575-583. Retrieved from https://veterinaria.org/index.php/REDVET/article/view/594
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