This study aims to examine and compare the effects of ownership type, independent boards, and external audit quality on corporate failure during the pandemic period in Indonesia. The research employs a quantitative method with a binary logistic regression model. Findings from this study reveal that family ownership and government ownership have a negative effect on corporate failure, while foreign ownership has no effect on corporate failure. Furthermore, the quality of external audits has a negative impact on corporate failure, whereas an independent board has a positive effect on corporate failure. Before the pandemic, only government ownership had a negative effect, and the independent board had a positive effect on corporate failure. During the pandemic, only foreign ownership had a negative effect on corporate failure due to its role in enhancing performance amid COVID-19 challenges through digital technology. Post-pandemic, family ownership and the quality of external audits negatively impacted corporate failure. The study is limited to the 2018-2023 period and focuses exclusively on non-financial companies in Indonesia. Additionally, the range of ownership variables is somewhat narrow. This study has implications for future researchers as inspiration to further explore corporate governance mechanisms and serves as a reference for investors and companies in decision-making.