Corporate Governance and Audit Report Lags at Manufacturing Companies in the Industrial Sector of Consumption Goods

Abstract

The purpose of this study was to determine the effect Independent Board of Commissioners, Competence of Audit Committee members on audit report lag. This study used secondary data derived from the financial statements listed in Indonesian Stock Exchange in 2013-2015. The sample of manufacturing companies in the industrial sector of consumption goods was selected as a research sample related to the complexity of presentation of financial statement information. Based on the method of purposive sampling method and was obtained 72 observations. Analysis of data is carried out using multiple regression method with the aid of SPSS Version 21 computer program. The results of this study indicate that independent board of commisioners no significant effect on audit report lags, competence of Audit Committee members significant effect on auditor report lags.

Keywords: Audit Report Lags, Corporate Governance, Board of Independence, Competence of Audit Committee members