80 4. Hypothesis test results indicate that a significant level of leverage is
0,520 0,05 so it can be concluded that the leverage does not affect going concern audit opinion with negative parameter values. This
explains the high or low leverage in a company do not affect the independent auditors to issue a going concern audit opinion.
Particularly on the real estate and property sector listed on the Stock Exchange from 2013 to 2015 period. This is due to run the company
requires large capital and loans. This means that although the level of liability of a companies is high but the number of assets owned by the
company is also high. The results of this study are not consistent with research Parker et. al. 2005, Yunseung et. al. 2014, and Ni Putu et.
al. 2015. However, consistent with the research done by januarti 2009, Akiko Wibisono 2013 states that leverage does not have an
effect to going concern audit opinion. And this research also consistent with research done by Petronela 2004, Amilin and Indrawati 2008,
and Rudyawan and Badera 2009 which also stated that the leverage is not considered by the auditor to give a going concern audit opinion.
5. Hypothesis test results showed that the variable audit opinion the previous year showed a significance level of 0,000 less than 0,05
5 with positive parameters. This value is smaller than the significance level and indicates that the variable prior years audit
opinion affect the going concern audit opinion. This is due to the administration of going concern audit opinion on the previous year, the
81 company lost the confidence of external parties regarding the
sustainability of the company, so it will be more difficult for the company management to improve the performance of companies
which had slumped in the current year. This research is consistent with research done by Mutchler 1985, Januarti 2009, Akiko Wibisono
2013, Putri Alicia 2013 and Ni Putu and Ni Ketut 2015 which states previous year audit opinion have an effect the independent
auditor to giving going concern audit opinion. And it is mean that the firm receiving going concern audit opinion on the previous year were
more likely to receive the same opinion in the current year.
82
CHAPTER V CONCLUSION AND RECOMMENDATION
A. Conclusion
This research aim to analyze the effect of good corporate governance board commissioner changes, board director changes,
independent commissioner, leverage and previous year audit opinion towards going concern audit opinion.
From the result of research conducted on the effect of good corporate governance, leverage and previous year audit opinion towards
going concern audit opinion on real estate and property companies listed on Indonesian Stock Exchange during period 2013-2015, by using logistic
regression and data process using Statistical Package for Social Sciences SPSS version 22.0, data sampling used are 120, sector real estate and
property company, the result of research can be concluded as follows: 1. These result indicate that board commissioner changes does not effect
the going concern audit opinion. This result consistent with research done by Arum Ardianingsih 2012.
2. These result indicate that board director changes does not effect the going concern audit opinion. This result not consistent with research
done by Arum Ardianingsih 2015, but consistent with research done by Ahdzia 2011.
3. These result indicate that independent board of commissioner composition does not effect the going concern audit opinion. This
83 result consistent with research done by Emma Diandra and Surya
Raharja 2012. 4. These result indicate that leverage does not effect the going concern
audit opinion. This result consistent with research done by Akiko Wibisono 2013.
5. These result indicate that previous year audit opinion does not effect the going concern audit opinion. This result consistent with research
done by Akiko Wibisono 2013, Yashita Putri Alicia 2013, and Ni Putu and Ni Ketut 2015.
B. Implication
The implication of this research are: 1. For company, this research can be contribute ideas about effect good
corporate governance, leverage and previous year audit opinion towards going concern audit opinion and for added information to take
the best decision for company. 2. For author, this research can provide to gain knowledge about the
effect good corporate governance, leverage, and previous year audit opinion towards going concern audit opinion.
3. For readers, this research can provide information about the effect of good corporate governance, leverage and previous year audit opinion
towards going concern audit opinion and also can be used as a comparison of existing research and be reference for next research.
84
C. Recommendation
Based on the limitation of the study, the authors put forward some suggestion for next research as follows:
1. For future researcher, author recommend using the entire sample of companies listed on Indonesia Stock Exchange, in order to represent
all companies in Indonesia, for instance manufacture industry, food and beverages companies, banking companies.
2. For future research, can be expand the independent variable like debt default, profitability, company size and so on to provide more accurate
information about going concern opinion. 3. For future research, author recommend to add more research periods to
get more accurate analysis about going concern audit opinion.
85
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