Abstract :
This study aims to determine the effect of audit committee characteristics on
financial distress in food and beverages sub-sector companies listed on the
Indonesia Stock Exchange in 2015-2019. The population in this study is of all food
and beverages sub sector manufacturing companies listed on the Indonesia Stock
Exchange for the 2015-2019 period, totaling 30 companies. The sample was
determined using a purposive sampling technique, with the number of samples that
met the criteria as many as 12 companies. This study uses secondary data
obtained from the Indonesia Stock Exchange website in the form of financial
reports and annual reports for the 2015-2019 period. The results of the research
conducted indicate that the size of the audit committee has no significant effect on
financial distress. The independence of the audit committee members has a
negative and significant effect on financial distress. The frequency of audit
committee meetings has a positive and significant effect on financial distress. The
competence of the audit committee has a positive and significant effect on financial
distress. Simultaneously, the size of the audit committee, the independence of the
audit committee members, the frequency of audit committee meetings, and the
competence of the audit committee have an effect on financial distress.