This research aims to test the effect of good corporate governance, quality
of audit and voluntary on the cost of debt. The dependent variables used in this
study is the cost of debt, while independent variables used are good corporate
governance that is measured by the proportion of independent Board of
Commissioners, managerial ownership, institusional ownership, while the quality
of audit and voluntary disclosure was calculated with scoring method using
criteria that have been determined. The sample in this research is manufacturing
companies in real estate and property sector listed in IDX during 2012-2016.
Data collection method used is purposive sampling also using multiple linear
regression with significant level of (α) 0,05 for statistical analysis.
The results of this research show that independent Board of
Commissioners, managerial ownership and quality of audit has no effect on the
cost of debt. While institusional ownership and voluntary disclosure has positive
effect on the cost of debt.