Institutional Ownership, Managerial Ownership, Financial Distress to Auditor Switching and Its Impact  to Sustainability Disclosure

Dharmendra Dharmendra; Tubagus Ismail; Lia Uzliawati; Imam Hanifah

Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters, ICOSTELM 2022, 4-5 November 2022, Bandar Lampung, Indonesia

Research Article

Institutional Ownership, Managerial Ownership, Financial Distress to Auditor Switching and Its Impact to Sustainability Disclosure

Download219 downloads

Cite: BibTeX Plain Text

@INPROCEEDINGS{10.4108/eai.4-11-2022.2328635,
    author={Dharmendra  Dharmendra and Tubagus  Ismail and Lia  Uzliawati and Imam Abu Hanifah},
    title={Institutional Ownership, Managerial Ownership, Financial Distress to Auditor Switching and Its Impact  to Sustainability Disclosure},
    proceedings={Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters, ICOSTELM 2022, 4-5 November 2022, Bandar Lampung, Indonesia},
    publisher={EAI},
    proceedings_a={ICOSTELM},
    year={2023},
    month={9},
    keywords={corporate governance financial distress auditor switching sustainability disclosure},
    doi={10.4108/eai.4-11-2022.2328635}
}

Dharmendra Dharmendra
Tubagus Ismail
Lia Uzliawati
Imam Abu Hanifah
Year: 2023
Institutional Ownership, Managerial Ownership, Financial Distress to Auditor Switching and Its Impact to Sustainability Disclosure
ICOSTELM
EAI
DOI: 10.4108/eai.4-11-2022.2328635

Dharmendra Dharmendra¹^,*, Tubagus Ismail², Lia Uzliawati², Imam Abu Hanifah²

1: Phd Scholar, Faculty of Economic and Business, Sultan Ageng Tirtayasa University, Banten, Indonesia
2: Faculty of Economic and Business, Sultan Ageng Tirtayasa University, Banten, Indonesia

*Contact email: dharmendra.dclana@gmail.com

Abstract

This study's objective is to assess the effects of managerial ownership (MO), financial distress, and institutional ownership (IO) on sustainability report disclosures (SRD), with auditor switching acting as an intervening variable. Mining industry that are listed on the IDX from 2016 to 2018 is the research population. With the help of IBM SPSS 23.0 software, the logistic regression analysis is employed as a technique for analysis. The results shows that IO had a negative effect on SRD, while MO and financial distress does not affect SRD. IO intervening by auditor switching shows favourable outcomes that increased the power of SRD. In addition, MO and financial distress intervening by auditor switching does not affect SRD. Future research should concentrate on the degree of transparency and the standard of the content of sustainability reports by examine disclosure indicators associated with Global Reporting Initiative criteria.

Keywords: corporate governance financial distress auditor switching sustainability disclosure

Published: 2023-09-11
Publisher: EAI

: http://dx.doi.org/10.4108/eai.4-11-2022.2328635