Abstract

This research examines the effect of financial performance, prior year going concern audit opinions and firm size to the probability of receiving going concern audit opinion. In addition, this research also examines the effect of corporate social responsibility as moderating variable on the effect of financial performance, prior year going concern audit opinion and firm size to the probability of receiving going concern audit opinion. The population of this research is high profile companies listed in IDX (Indonesia Stock Exchange) from 2008-2012. Based on purposive sampling method, a total sample of this research is 95 firm-years. Data sources are both annual report and financial report of companies. Hypothesis testing used is logistic regression analysis. This research also uses a bootstrapping method as additional test to ensure that the result is robust.

Both logistic regression analysis and bootstrapping method’s results show that only prior going concern audit opinion has a positive and significant effect to the probability of receiving going concern audit opinion. Financial performance, firm size and control variables are not significant effect to the probability of receiving going concern audit opinion. The research also failed to prove the existence of corporate social responsibility as a moderating variable in the model was proposed.