Effect of Audit Opinion, Audit Tenure and Office of Public Accountant (OPA) size on Stock Price (Study of Properties & Real Estate Companies listed on the IDX)

Abstract

During the Covid-19 Pandemic, investment is increasingly becoming the public's choice to support financial health. This research provides information and an overview of the three variables that are taken into consideration by investors when deciding to invest in the capital market, which in turn will also have an influence on the increase and decrease in stock prices in the capital market. This research aims to see whether there is an effect of audit opinion, audit tenure and Office of Public Accountant (OPA) size on stock prices both partially and simultaneously. This research uses quantitative methods and uses a descriptive analysis approach. With a population of property and real estate companies listed on the Indonesia Stock Exchange (IDX) in 2019-2021. This research sample withdrawal technique used purposive sampling technique and a sample of 30 companies was selected. The conclusion of this research shows that audit opinion and Audit Tenure have no significant effect on stock prices partially, but the OPA size variable displays the results of a significant effect on stock prices. Simultaneously, audit opinion, Audit Tenure, and OPA size have a significant effect on stock prices with a coefficient of determination of 29.7%