IMPACT OF CORPORATE GOVERNANCE MECHANISMS AND FINANCIAL DISTRESS ON FINANCIAL STATEMENT INTEGRITY: EVIDENCE FROM INDONESIAN MANUFACTURING FIRMS (2020–2022)

Authors

Hapid Wiliandika Trisakti University
Anita Muhairoh Trisakti University

DOI:

Keywords:

managerial ownership, audit committee, independent commissioner, financial distress, financial statement integrity

Abstract

This study aims to determine the effect of Corporate Governance mechanisms consisting of institutional ownership, managerial ownership, audit committees, independent commissioners and financial distress on the integrity of financial statements in manufacturing companies listed on the IDX in 2020-2022. The population in this study is manufacturing companies listed on the IDX in 2020-2022. The samples in this study were 75 samples with outlier healing so that the samples in this study were 45 samples. The sampling technique in this study used purposive sampling techniques. The data analysis method used in this study is a quantitative approach analysis technique with analysis tools using panel data regression. Based on data analysis conducted, institutional ownership, managerial ownership, audit committee, independent commissioner, and financial distress have a positive effect on the integrity of financial statements in manufacturing companies listed on the IDX for 2020-2022.

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