Pengaruh Kualitas Audit terhadap Pengambilan Keputusan Pendanaan

The research aim to demonstrate empirical evidence showing that auditor quality have an affect on companies financing decision which classified by share issuance or debt issuance using logistic regression. The main observations of this study consist of manufacturing companies listed in the Indonesia Stock Exchange for the period 2010-2015. As of audit quality, the proxies being used are Big 4 and industry specialization. The result could provide proof that audit quality using Big 4 as the proxy have significant influence to the probability of companies issuing debt. This indicate that a good audit quality could be use as an alternative for companies who wants to issue debt. However the industry specialization did not have any significant affect to companies financing decision. These findings could be used as a consideration on auditor selection in order to correspond with the company’s financial strategy.