Determinants of the Effectiveness of the Size of the Audit Committee and Independent Commissioners Against Financial Distress

Abstract

The aim of the study is to analyze and describe the impact of the size of the audit committee and independent commissioners on financial distress with the addition of moderation, namely the effectiveness of the size of the audit committee. This study is quantitative research, using secondary data in the form of financial reports. The population of this study consists of 50 companies each year. The data analysis technique in this study uses the Altman model of discriminant analysis (z-score). with SPSS STATISTICS. on the Indonesian Stock Exchange during the period 2019-2022 . The findings of this study show that the test findings on the Independent Commissioner variable illustrate that this variable has an impact on financial distress and the test results on the Independent Commissioner variable Independent Commissioner.