IDEAS home Printed from https://ideas.repec.org/a/spt/apfiba/v16y2026i1f16_1_3.html

The Impact of Disclosure, Profitability, Leverage, and Financial Distress on Going Concern Audit Opinions: Evidence from Indonesian Real Estate Companies

Author

Listed:
  • Cheng-Wen Lee
  • Aan Digita Malik

Abstract

This research aims to obtain empirical evidence about the influence of disclosure, profitability, leverage and financial distress on the going concern audit opinion In Property and Real Estate Companies Listed on the Indonesia Stock Exchange in 2018-2022. This type of research is quantitative research. This research uses the purposive sampling method, so that the sample obtained is 28 companies with observation for 5 years, and obtained observation data of 140 observation participants. The hypothesis in this study was tested using a logistic regression test using the SPSS program version 26. The results of this research show that disclosure, profitability, leverage, and financial distress do not affect the going concern audit opinion. These results provide insight into the various factors that influence going concern audit opinions. Auditors are expected to act independently and carefully when providing going concern audit opinion. They need to consider various factors that may influence their decision.

Suggested Citation

  • Cheng-Wen Lee & Aan Digita Malik, 2026. "The Impact of Disclosure, Profitability, Leverage, and Financial Distress on Going Concern Audit Opinions: Evidence from Indonesian Real Estate Companies," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 16(1), pages 1-3.
    • Handle: RePEc:spt:apfiba:v:16:y:2026:i:1:f:16_1_3
    as

    Download full text from publisher

    File URL: http://www.scienpress.com/Upload/JAFB%2fVol%2016_1_3.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rusmin Rusmin & John Evans, 2017. "Audit quality and audit report lag: case of Indonesian listed companies," Asian Review of Accounting, Emerald Group Publishing Limited, vol. 25(2), pages 191-210, May.
    2. Dr. N.O Dibia & J.C Onwuchekwa, 2013. "An Examination Of The Audit Report Lag Of Companies Quoted In The Nigeria Stock Exchange," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 3(9), pages 8-16, July.
    3. Jensen, Michael C. & Meckling, William H., 2008. "Theory of the firm: managerial behavior, agency costs and ownership structure," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 48(2), April.
    4. Cejnek, Georg & Randl, Otto & Zechner, Josef, 2021. "The COVID-19 Pandemic and Corporate Dividend Policy," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(7), pages 2389-2410, November.
    5. George E. Nogler, 2007. "Going concern modifications, CPA firm size, and the Enron effect," Managerial Auditing Journal, Emerald Group Publishing, vol. 23(1), pages 51-67, November.
    6. Dr. N.O Dibia & J.C Onwuchekwa, 2013. "An Examination Of The Audit Report Lag Of Companies Quoted In The Nigeria Stock Exchange," International Journal of Business and Social Research, LAR Center Press, vol. 3(9), pages 8-16, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eghosa Inneh & Isaiah Omotayo FAKUNLE & Romoke Rafiat BUSARI & Ibrahim Gbenga OLATUNJI, 2022. "Audit Characteristics and Financial Reporting Timeliness of Nigerian Listed Non-Financial Institution," Journal of Economics and Behavioral Studies, AMH International, vol. 14(2), pages 13-25.
    2. Ishaq Ahmed Mohammed & Ayoib Che-Ahmad & Mazrah Malek, 2018. "Shareholder’s involvement in the audit committee, audit quality and financial reporting lag in Nigeria," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(2), pages 355-374, April.
    3. Ivy Bach & Dr. Nathan Mwenda, 2023. "Effect of Board Size and Board Share Ownership on the Financial Performance of Commercial Banks Listed at the Nairobi Securities Exchange in Kenya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(12), pages 1550-1556, December.
    4. Huy Viet Hoang, 2025. "Who Pays for Cybersecurity? Corporate Dividends in Response to Cybersecurity Risk in US Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(6), pages 18085-18123, December.
    5. Abdullah AlGhazali & Khamis Hamed Al-Yahyaee & Richard Fairchild & Yilmaz Guney, 2024. "What do dividend changes reveal? Theory and evidence from a unique environment," Review of Quantitative Finance and Accounting, Springer, vol. 62(2), pages 499-552, February.
    6. Lailah Fujianti & Indra Satria, 2020. "Firm Size, Profitability, Leverage as Determinants of Audit Report Lag: Evidence From Indonesia," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(2), pages 61-67, April.
    7. repec:bcp:journl:v:9:y:2025:i:15:p:1262-1275 is not listed on IDEAS
    8. Astami, Emita & Pramono, Agus Joko & Rusmin, Rusmin & Cahaya, Fitra Roman & Soobaroyen, Teerooven, 2024. "Do family ownership and supervisory board characteristics influence audit report lag? A view from a two-tier board context," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 56(C).
    9. Styliani Panetsidou & Angelos Synapis, 2025. "Equity financing during the Covid-19 economic downturn," Review of Quantitative Finance and Accounting, Springer, vol. 64(3), pages 1391-1430, April.
    10. Asmae Ez-Zaidi & Youssef Ghandari, 2025. "The role of new technologies in improving financial audit quality following the financial scandals of the 2000s [Le rôle des nouvelles technologies dans l’amélioration de la qualité de l’audit comptable et financier après les scandales financiers ," Post-Print hal-05366347, HAL.
    11. Yang, Jie & Bao, Mengqi & Chen, Siqi, 2025. "“A retreat to safety”: Why COVID-19 make firms more risk-averse?," International Review of Financial Analysis, Elsevier, vol. 97(C).
    12. Bishnu Prasad Bhattarai, 2021. "Determinants of Audit Report Lag of Commercial Banks in Nepal," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(10), pages 108-108, July.
    13. Imen Fakhfakh & Anis Jarboui, 2022. "Earnings Management and Audit Report Lag: The Role of Audit Risk-Tunisian Evidence," Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 21(1), pages 113-135, March.
    14. Mohammed T. Abusharbeh, 2024. "Technology-Profitability Paradox in Banking Sector: Evidence from Palestine," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 14855-14873, September.
    15. Yeon‐Koo Che & Kathryn E. Spier, 2008. "Strategic judgment proofing," RAND Journal of Economics, RAND Corporation, vol. 39(4), pages 926-948, December.
    16. Alfred C. Korir & Prof. Thomas Cheruiyot, PhD & Prof. Philip Bii, 2025. "The Effect of Board Tenure and CEO Duality on Firm Performance of Companies Listed in Nairobi’s Stock Exchange," European Journal of Business and Strategic Management, International Peer Review Journals and Books, vol. 10(5), pages 31-43.
    17. Fabbri, Daniela & Menichini, Anna Maria C., 2016. "The commitment problem of secured lending," Journal of Financial Economics, Elsevier, vol. 120(3), pages 561-584.
    18. Xueyan Dong & Jingyu Gao & Sunny Li Sun & Kangtao Ye, 2021. "Doing extreme by doing good," Asia Pacific Journal of Management, Springer, vol. 38(1), pages 291-315, March.
    19. Wolfgang Drobetz & Lars Hornuf & Paul P. Momtaz & Niclas Schermann, 2025. "Token-Based Crowdfunding: Investor Choice and the Optimal Timing of Initial Coin Offerings," Entrepreneurship Theory and Practice, , vol. 49(1), pages 232-282, January.
    20. Khémiri, Wafa & Noubbigh, Hédi, 2020. "Size-threshold effect in debt-firm performance nexus in the sub-Saharan region: A Panel Smooth Transition Regression approach," The Quarterly Review of Economics and Finance, Elsevier, vol. 76(C), pages 335-344.
    21. Shaikh, Ibrahim A. & O'Brien, Jonathan Paul & Peters, Lois, 2018. "Inside directors and the underinvestment of financial slack towards R&D-intensity in high-technology firms," Journal of Business Research, Elsevier, vol. 82(C), pages 192-201.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spt:apfiba:v:16:y:2026:i:1:f:16_1_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eleftherios Spyromitros-Xioufis (email available below). General contact details of provider: http://www.scienpress.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.