Pengaruh Kompleksitas Operasi Perusahaan, Leverage, Laba Rugi, dan Kepemilikan Institusional Terhadap Audit Report Lag dan Dampaknya Terhadap Abnormal Return

The purpose of this research is to examine the effect of Complexity of Company Operations, Leverage, Profit and Loss, and Institutional Ownership on Audit Report Lag and its impact on Abnormal Return. This research was conducted using secondary data collected from the Indonesia Stock Exchange (IDX), the websites of each company and the website of yahoo finance. The sample selection method uses a purposive sampling technique in manufacturing companies in the consumer goods industry listed on the Indonesia Stock Exchange in 2014-2018. The sample in this study amounted to 37 companies. The data analysis technique used is multiple linear regression analysis and simple linear regression analysis. The results showed that the Complexity of Company Operations, Leverage, and Institutional Ownership variable influenced Audit Report Lag, while Profit and Loss did not affect Audit Report Lag. Additional analyze of the research showed that audit delays has significant effect on the abnormal return to predict investor reaction. Keywords: Complexity of Company Operations, Leverage, Profit and Loss, Institutional Ownership, Audit Report Lag, Abnormal Return