Research Paper
Year: 2018 | Month: September | Volume: 5 | Issue: 9 | Pages: 22-30
The Effects of Voluntary Disclosure, Audit Tenure and Audit or Specialization on Information Asymmetry with Audit Committee as A Moderating Variable in Banking Companies Registered in Indonesia Stock Exchange
Ainul Mardiah, Erlina, Iskandar Muda
Universitas Sumatera Utara
Corresponding Author: Ainul Mardiah
ABSTRACT
This research entitled the effects of voluntary disclosure, audit tenure and auditor specialization on information asymmetry with audit committee as a moderating variable in banking companies registered in Indonesia Stock Exchange. The aim of this study was to obtain the empirical evidence about the effects of voluntary disclosure, audittenure and auditor specialization on information asymmetry with audit committee as a moderating variable. The data collection applied a census method conducted in banking companies registered in Indonesia Stock Exchange (ISE) in 2010-2016. The sample was 28 banking companies. This study useda panel data due to the combination of time series data with cross section. The results showed that voluntary disclosure and audit tenure had a negative effect on information asymmetry, whereas auditor specialization had a positive effect on information asymmetry and audit committee was able to moderate the effect between voluntary disclosure and auditor specialization on information asymmetry by strengthening its influence while the audit committee was moderated by weakening its influence.
Key words: Voluntary Disclosure, Audit Tenure, Auditor Specialization, Audit Committee, Information Asymmetry
[PDF Full Text]