Leverage Basic of Theoretical

46 Table 2.1 Continued No Reseacher Year Tittle of Research Research Methods Research Result Variables Difference 5. Yashita Putri Alicia 2013 Effect of company size, growth, and previous year opinion on going concern opinion. Empirical studies on manufacture companies listed on the Stock Exchange. Variable Independent - company size - company growth - previous year audit opinion. -Variable Good corporate Governance, and leverage. - Population used is the manufacture company listed on the Stock Exchange in the year 2009- 2011. Company Size positive effect on the going concern audit opinion, audit opinion previous years positive significant effect on the going concern audit opinion, which means that companies that receive accept the audit opinion previous years it had the greater the probability of getting going concern audit opinion. 6. Yunseung Hsu, Chi- Chen Wang, Tzeu-Chen Han 2014 The Impacts of Corporate Governance, Audit system to Business Failure of Going Concern Firms Variable profitability - director’s pledging ratio - shareholder ratio - audit system - company age - company size - liquidity - operation fund to total asset ratio - operation cash flow to total asset ratio - leverage - economic prosperity The population used in this research include Taiwan listed Companies which have been issued gong concern suspect report. Base on analysis result using log logistic model conducted that director’s pledging ratio, shareholding ratio, audit system, company age have a significant level to going concern. Company size, liquidity ratio, operation fund to total asset ratio, operation cash flow to total assets ratio, leverage ratio, economic prosperity does not have a significant level to going concern. Continued to next page 47 Table 2.1 Continued No Researcher Year Tittle of Research Research Method Research Result Variables Difference 7. Ni Putu P Aryantika, Ni Ketut Rasmini 2015 Profitability, Leverage, Prior Opinion and Auditor Competency to Going Concern Audit Opinion Variable profitability - leverage - prior opinion - auditor competency -Variable Good corporate Governance, -Population used is the manufacture company listed on the Stock Exchange in the year 2010-2013. Base on analysis result using logistic regression conducted that profitability negatively not influence on going concern audit opinion, leverage and prior opinion influence on going concern audit opinion, auditor competency also influence on a going concern audit opinion. Sources various of research journals

C. Theoretical Framework

Theoretical framework is networking of association that organized. As logically elaborate between variables which relevant with situations and problems identified trough processes such as interviews, observation, and literature, survey, Sekaran, 2009: 127. The conceptual framework will connect the independent variables that accompany the role of the variable to be explained. In this research, which is the independent variable are change on board commissioner, change on board director, independent commissioner, leverage, previous year audit opinion and the dependent variable is going concern audit opinion.