@thesis{thesis,
		author={Sumiadji  Sumiadji},
		title ={Studi empiris karakteristik auditor, tata kelola perusahaan, kualitas laba, risiko litigasi dan biaya modal ekuitas (Studi pada perusahaan manufaktur yang terdaftar di BEI)},
		year={2019},
		url={https://eprints.unmer.ac.id/id/eprint/659/},
		abstract={This study aims to examine the direct effect of auditor size, audit tenure,
auditor specialization, institutional ownership, managerial ownership, audit
committee and independent board of director on earnings quality, litigation risk
and cost of equity capital. The study also examined the indirect effect of auditor
size, audit tenure, auditor specialization, institutional ownership, managerial
ownership, audit committee and independent board of director on the cost of
equity capital through earnings quality and litigation risk.
The research sample was 112 manufacturing companies listed on the
Indonesia Stock Exchange, 448 observation data from 2011 to 2014. In this study
earnings quality was formed from the attributes of accrual quality, persistence,
predictability, and income smoothing. While litigation risk is formed from the
attributes of stock volatility, financial risk and political cost risk. These two
variables are also used as intervening variables. Analysis techniques use path
analysis.
The results of testing the direct effect showed that the variable of auditor
size affects the quality of earnings, while the other variables have no effect.
Variable of auditor size, institutional ownership, managerial ownership and audit
committees effect litigation risk, while other variables have no effect. The variable
of independent board of director and litigation risk affect the cost of equity
capital, while the other variables have no effect. The results of testing the indirect
effect showed that earnings quality does not mediate the effect of auditor size,
audit tenure, auditor specialization, institutional ownership, managerial
ownership, audit committee and independent commissioners on the cost of equity
capital. The litigation risk mediates the effect of institutional ownership and
managerial ownership on the cost of equity capital.}
		}