The Effect Of Financial Distress, Institutional Ownership, And Audit Tenure On Audit Delay

Agita Lintang Pradipta; Siti Chaerunisa Prastiani

doi:10.63922/ijebir.v5i05.6245

Agita Lintang Pradipta Accounting Study Program, Faculty of Economics and Business, Universitas Pamulang, South Tangerang, Indonesia
Siti Chaerunisa Prastiani Accounting Study Program, Faculty of Economics and Business, Universitas Pamulang, South Tangerang, Indonesia

DOI: https://doi.org/10.63922/ijebir.v5i05.6245

Keywords: Audit Delay, Financial Distress, Institutional Ownership, Audit Tenure, Signaling Theory

Abstract

This study aims to examine the effect of financial distress, institutional ownership, and audit tenure on audit delay in property and real estate companies listed on the Indonesia Stock Exchange (IDX) during 2020–2024. This study uses a quantitative approach with secondary data obtained from annual financial reports. The sample consists of 34 companies selected using purposive sampling, resulting in 170 observations. Data analysis was conducted using panel data regression with EViews 12. The results show that financial distress and institutional ownership do not significantly affect audit delay, while audit tenure has a significant effect on audit delay. Simultaneously, financial distress, institutional ownership, and audit tenure have a significant effect on audit delay. These findings provide empirical evidence regarding factors associated with audit delay in Indonesian property and real estate companies.

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