PENGARUH FINANCIAL DISTRESS, KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL, RISIKO LITIGASI DAN UKURAN PERUSAHAAN TERHADAP KONSERVATISME (PRUDENCE) AKUNTANSI
Abstract
This research is a quantitative study that aims to determine how financial distress, managerial ownership, institutional ownership, litigation risk, and company size affect accounting conservatism in manufacturing companies within the food and beverage industry sub-sector listed on the IDX between 2020 and 2022. A total of 28 companies were included in this study. Secondary data, obtained from the companies' annual reports, was utilized for this research. The data was analyzed using multiple linear regression, which involved descriptive statistical analysis, classical assumption testing, and hypothesis testing. The research findings provide evidence of a significant positive relationship between financial distress, institutional ownership, and company size with accounting conservatism. Conversely, managerial ownership and litigation risk were found to have a negative influence on accounting conservatism within the food and beverage industry sub-sector.