Pengaruh Kualitas Laporan Keuangan, Jatuh Tempo Utang, Konservatisme Akuntansi, Ukuran Komite Audit, dan Kepemilikan Institusional terhadap Efisiensi Investasi Perusahaan (Studi pada Perusahaan Sub Sektor Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia 2017- 2021)

Abstract

This study aims to examine and determine the effect of financial statement quality, debt maturity, accounting conservatism, audit committee size, and institutional ownership efficiency investment in the company both simultaneous and partial in property and real estate companies listed on the IDX 2017-2021. This study use secondary data obtained from Indonesia Stock Exchange website, using a sample of 13 companies. The sampling techniques method is purposive sampling. The observations of this study are analyzed using multiple linear regression analysis using Software Stata MP 14. The result of this study shows partially that the quality of financial statements and debt maturity have a positive and significant effect on the company's investment efficiency, while the size of the audit committee and institutional ownership have a negative and significant effect on the company's investment efficiency and accounting conservatism does not affect the company's investment efficiency. Simultaneously, the quality of financial statements, debt maturity, accounting conservatism, the size of the audit committee, and institutional ownership together have a significant effect on the efficiency of the company's investment