The Effect of Audit Committee Characteristics on Firm Value: Evidence from Energy Sectors in Indonesia

Fivi, Anggraini The Effect of Audit Committee Characteristics on Firm Value: Evidence from Energy Sectors in Indonesia. Konferenrensi.

Text Prosiding ADAI Silvira Helmi (2).pdf Download (1MB)

Abstract

Energy sector companies in Indonesia need to pay attention to and strengthen the characteristics of their audit committees to increase company value. This study aims to examine the effect of the characteristics of the audit committee, especially the independence of the audit committee and the frequency of meetings, on firm value in energy companies in Indonesia. The sample consists of 80 energy sector companies listed on the Indonesia Stock Exchange for the 2020-2022 period. The empirical results of this study provide evidence of a significant effect of audit committee independence and meeting frequency on firm value. The conclusion drawn is that the characteristics of the audit committee play an important role in ensuring adequate audit quality, which leads to an increase in firm performance and an increase in firm value. The implication is that this research can become a foundation for companies to strengthen and improve their audit committee functions with the aim of increasing corporate value and meeting stakeholder expectations.

Actions (login required)

View Item