The Effect of Tax Aggressiveness, Solvency, Profitability, Audit Opinion, and Financial Distress on Audit Delays in Manufacturing Sector Companies Listed on the Indonesia Stock Exchanged in 2018-2021
Ratna Sari Simanjuntak *
Department of Accounting, Faculty of Economics, Universities Prima Indonesia, Indonesia.
Gratia Naomi Sinaga
Department of Accounting, Faculty of Economics, Universities Prima Indonesia, Indonesia.
Widia Anggraini
Department of Accounting, Faculty of Economics, Universities Prima Indonesia, Indonesia.
Amelia Kesi Gurning
Department of Accounting, Faculty of Economics, Universities Prima Indonesia, Indonesia.
Enda Noviyanti Simorangkir
Department of Accounting, Faculty of Economics, Universities Prima Indonesia, Indonesia.
*Author to whom correspondence should be addressed.
Abstract
The purpose of this research is to understand the effect of Tax Aggressiveness, Solvency, Profitability, Audit Opinion, and Financial Distress on Audit Delay in manufacturing companies listed on the Indonesia Stock Exchange during 2018-2021. All the information required for this research was obtained officially from IDX sources which include the company's annual financial report. In this study we used a quantitative method and the sample in this research was obtained using purposive sampling so that of the 38 companies in the population the remaining 18 companies had a total use of their financial statements for 4 years, so the total sample in this research was 72 companies. Several tests in this research were carried out, such as multicholinearity test, heterochedasticity test, normality test, autocorrelation test, panel data regression test, coefficient (R2), hypothesis (F test), as well as hypothesis (T test). The Adjusted R Square value has an effect of 01.3% on Audit Delay and with the remainder at 98.7% due to the influence of other variables. This study concluded that the variables of tax aggressiveness, solvency, profitability, audit opinion and financial distress have an influence on audit delay.
Keywords: Tax aggressiveness, solvency, profitability, audit opinion, financial distress, audit delay