EN 
IN
Journal article
Effect of Audit Committee Characteristics on Relationship between Financial Distress and Income Maximization Actions
I Made Bana Partha Anak Agung Gde Putu Widanaputra Ni Made Dwi Ratnadi Ni Putu Sri Harta Mimba
Volume : 3 Nomor : 3 Published : 2019, December
International Journal of Social Sciences and Humanities
Abstrak
The study aims to obtain empirical evidence regarding the influence of audit committee characteristics on the relationship between financial distress and income maximization actions. The population in the current study are companies listed on the Indonesia Stock Exchange from 2015 to 2018. The sampling technique used non-probability sampling with a purposive sampling method to get 37 observation periods as research samples. The data analysis technique uses moderated regression analysis. The test results prove that high financial expertise can weaken the influence of financial distress on income maximization actions. This study also finds empirical evidence that the frequency of meetings is not a moderating effect of financial distress on income maximization. The third hypothesis testing shows that the independence of the audit committee can moderate the relationship between financial distress on income maximization.