Research Article
Financial Management Strategy as a Mitigation Factor in the Acceptance of Going Concern Opinion
@INPROCEEDINGS{10.4108/eai.20-1-2018.2281894, author={Sugeng Riyadi and Prita Andini and Dewi Pratiwi Yuwono}, title={Financial Management Strategy as a Mitigation Factor in the Acceptance of Going Concern Opinion}, proceedings={Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia}, publisher={EAI}, proceedings_a={WMA-1}, year={2019}, month={9}, keywords={financial management strategy factors mitigation going concern opinion}, doi={10.4108/eai.20-1-2018.2281894} }- Sugeng Riyadi
Prita Andini
Dewi Pratiwi Yuwono
Year: 2019
Financial Management Strategy as a Mitigation Factor in the Acceptance of Going Concern Opinion
WMA-1
EAI
DOI: 10.4108/eai.20-1-2018.2281894
Abstract
The research purpose is to test management strategy consisting of stock emission strategy, strategy to add new debt or debt restructuring, unproductive asset sale strategy and cost reduction in tackling acceptance of going concern opinion. The population are manufacturing companies which are listed on the Indonesia Stock Exchange, obtained a sample of 30 companies during the research period. Analytical tool used logistic regression. This research finds that; (i) shareholder strategy, strategy to add new debt or debt restructuring, and fixed asset strategy as a factor considered by the auditor in giving a going concern audit opinion (ii) reduction / cost efficiency strategy not as an auditor's consideration in giving a going concern opinion (iii) financial-based control variables into consideration of the Auditor in providing a going concern opinion.
