Putri Armadiyanti, Sri Iswati



Indonesia offers attractive conditions to explore research on political connections, be­cause Indonesia is a developing market country with a history of strong political connec­tions in business. This study aims to investigate how the effect of the political connections held by board of commissioners and directors in the company on auditor quality and how earnings management moderate political connections and audit quality. This study used a sample of all companies from all sectors listed on the Indonesia Stock Exchange (IDX) in 2015-2017 except financial and insurance industry companies, thus a sample of 1213 firm-years was obtained. The analysis technique used is logistic regression analysis. The results revealed that companies with board of commissioners and directors who are politically connected have a positive and significant effect on auditor quality, it means that compa­nies with political connections tend to choose industry specialist auditors as the company's external auditors. The results also revealed that earnings management does not moderate the effect of corporate political connections on audit quality. This research provides new insights about the use of political connections in the business environment especially in audit quality decisions in Indonesia.

Keywords: Political Connection, Earning Management, Audit Quality


Indonesia menawarkan kondisi yang menarik untuk mengeksplorasi penelitian tentang koneksi politik, karena Indonesia merupakan negara dengan pasar berkembang dengan se­jarah koneksi politik yang kuat dalam bisnis. Penelitian ini bertujuan untuk menguji secara empiris bagaimana pengaruh antara koneksi politik yang dimiliki orang dalam perusahaan terhadap kualitas audit dan apakah pengaruh antara koneksi politik dan pemilihan auditor dimoderasi oleh perilaku manajemen laba. Penelitian ini menggunakan sampel seluruh per-usahaan dari seluruh sektor yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2015-2017 kecuali perusahaan sektor industri keuangan sejumlah 1.213 tahun-perusahaan (firm-years). Teknik analisis yang digunakan yaitu analisis regresi logistik. Hasil penelitian mengungkapkan bahwa perusahaan dengan dewan komisaris dan direksi yang terhubung secara politik berpengaruh positif dan signifikan terhadap kualitas audit, artinya peru-sahaan dengan koneksi politik cenderung memilih auditor spesialis industri sebagai auditor eksternal perusahaan. Hasil juga mengungkapkan bahwa manajemen laba tidak memoderasi pengaruh koneksi politik perusahaan terhadap kualitas audit. Penelitian ini memberikan wawasan baru tentang pemanfaatan koneksi politik dalam lingkungan bisnis terutama dalam kualitas audit di Indonesia. 

Kata kunci: Koneksi Politik, Manajemen Laba, Kualitas Audit


Political Connection; Earning Management; Audit Quality; Koneksi Politik; Manajemen Laba; Kualitas Audit

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