Faktor-faktor yang mempengaruhi voluntary disclosure pada perusahaan yang terdaftar di Bursa Efek Indonesia
Article Sidebar
Main Article Content
Abstract
The purpose of this research is to examine the factors influencing the voluntary disclosure of a company and the level of disclosure made by the company. Secondary data in this study were obtained from the company's annual report on the Indonesia Stock Exchange (IDX). Purposive sampling is being used sampling method. The number of samples was 2.230 company annual reports. Data is being processed using Panel Regression Analysis through Eviews 10 and SPSS 22. This research led to the conclusion that the variables company size, leverage, managerial ownership, and board independence have the results of a positive significant effect on voluntary disclosure. Significantly negative results have an effect on voluntary disclosure owned by foreign ownership variables, while other variables namely profitability, state ownership, institutional ownership, the board size, and type of external auditor have no significant effect on voluntary disclosure variables.
Article Details
References
Abeywardana, N. L. E., & Panditharathna, K. M. (2016). The Extent and Determinants of Voluntary Disclosures in Annual Reports: Evidence from Banking and Finance Companies in Sri Lanka. Accounting and Finance Research, 5(4), 147–162. https://doi.org/10.5430/afr.v5n4p147
Alfraih, M. M., & Almutawa, A. M. (2017). Voluntary disclosure and corporate governance: empirical evidence from Kuwait. International Journal of Law and Management, 59(2), 217–236. https://doi.org/10.1108/IJLMA-10-2015-0052
Alturki, K. H. (2014). Voluntary Disclosure by Saudi Companies. Research Journal of Finance and Accounting, 5(20), 77–94.
Barako, D. G. (2007). Determinants of Voluntary Fisclosures in Kenyan Companies Annual Reports. African Journal of Business Management, 1(5), 113–128.
Białek, A., & Matusiewicz, A. (2015). Determinants of The Level of Information Disclosure in Financial Statements Prepared in Accordance With IFRS. Contabilitate Şi Informatică de Gestiune, 14(3), 453–482.
Botosan, C. A. (1997). Disclosure level and the cost of equity capital. Accounting Review, 72(3), 323–349.
Chakroun, R., & Matoussi, H. (2012). Determinants of The Extent of Voluntary Disclosure in The Annual Reports of The Tunisian Firms. Accounting and Management Information Systems, 11(3), 335–370.
Consoni, S., & Colauto, R. D. (2016). Voluntary disclosure in the context of convergence with International Accounting Standards in Brazil. Review of Business Management, 18(62), 658–677. https://doi.org/10.7819/rbgn.v18i62.2242
Efrata, C., & Sherlita, E. (2012). Analisi Faktor-faktor Yang Mempengaruhi Tingkat Keluasan Pengungkapan Informasi Dalam Laporan Tahunan (Studi Empiris Pada Perusahaan Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2008-2010 ). Jurnal Akuntansi. ISSN- 2252-3936, 527–532.
Elfeky, M. I. (2017). The Extent of Voluntary Disclosure and Its Determinants in Emerging Markets: Evidence from Egypt. Journal of Finance and Data Science, 3, 45–59. https://doi.org/10.1016/j.jfds.2017.09.005
Fitriana, N. L., & Prastiwi, A. (2014). Faktor-Faktor Yang Mempengaruhi Luas Pengungkapan Sukarela Dalam Annual Report. Diponegoro Journal of Accounting, 0(0), 642–651.
Forte, L. M., Neto, J. B. dos S., Nobre, F. C., Nobre, L. H. N., & Queiroz, D. B. de. (2015). Determinants of Voluntary Disclosure: A Study in The Brazillian Banking Sector. Revista de Gestao, Financas e Contabilidade, 5(2), 23–37. https://doi.org/10.1145/3132847.3132886
Ghasempour, A., & MdYusof, M. A. bin. (2014). The Effect of Fundamental Determinants on Voluntary Disclosure of Financial and Nonfinancial Information: The Case of Tehran Stock Exchange. Journal of Accounting & Marketing, 03(01), 1–6. https://doi.org/10.4172/2168-9601.1000108
Haji, A. A., & Ghazali, N. A. M. (2013). The quality and determinants of voluntary disclosures in annual reports of Shari’ah compliant companies in Malaysia. Humanomics, 29(1), 24–42. https://doi.org/10.1108/08288661311299303
Haniffa, R. M., & Cooke, T. E. (2002). Culture, Corporate Governance and Disclosure in Malaysian Corporations. Abacus, 38(3), 317–349. https://doi.org/10.1111/1467-6281.00112
Hardiningsih, P. (2008). Analisis Faktor-Faktor Yang Mempengaruhi Volutary Disclosure Laporan Tahunan Perusahaan. Jurnal Bisnis Dan Ekonomi, 15(1), 67–79.
Haryanto, & Aprilia, Lady. (2009). Asosiasi Karakteristik Perusahaan dan Kualitas Pengungkapan Sukarela Laporan Tahunan. Kajian Akuntansi, 4(2), 128–136.
Hieu, P. D., & Lan, D. T. H. (2015). Factors Influencing the Voluntary Disclosure of Vietnamese Listed Companies. Journal of Modern Accounting and Auditing, 11(12), 656–676. https://doi.org/10.17265/1548-6583/2015.12.004
Jaya, T. E., Septiarini, T., & Arafat, Y. (2016). Educational Background of the Board of Commissioners , Leverage , Profitability and Voluntary Disclosure. Review of Integrative Business and Economics Research, 5(2), 260–271.
Jouirou, M., & Chenguel, M. B. (2014). The determinants of voluntary disclosure in Tunisia : A study of the firms listed in the Tunisian stock exchange. Journal of Business and Management Research, 4, 86–97.
Lan, Y., Wang, L., & Zhang, X. (2013). Determinants and features of voluntary disclosure in the Chinese stock market. China Journal of Accounting Research, 6(4), 265–285. https://doi.org/10.1016/j.cjar.2013.04.001
Mirza, H. H., Muneeb, K. F., & Ashghar, M. J. E. K. A. (2017). Determinants of Voluntary Disclosure in Non-Financial Listed Companies of Pakistan. South Asian Journal of Banking and Social Sciences, July.
Mujiyono, & Nany, M. (2010). Pengaruh Leverage, Saham Publik, Size Dan Komite Audit Terhadap Luas Pengungkapan Sukarela. Jurnal Dinamika Akuntansi, 2(2), 129–134. https://doi.org/10.15294/jda.v2i2.1936
Murcia, F. D. R., & Santos, A. Dos. (2012). Discretionary-based disclosure: Evidence from the Brazilian market. BAR - Brazilian Administration Review, 9(1), 88–109. https://doi.org/10.1590/S1807-76922012000100006
Mutmainah, A. S. (2012). Voluntary Corporate Governance Disclosure (VCGR) Versi Investor dan Determinan VCGR di Indonesia. Jurnal Reviu Akuntansi Dan Keuangan, 2(2), 301–312. https://doi.org/10.22219/jrak.v2i2.1076
Nekhili, M., Boubaker, S., & Lakhal, F. (2012). Ownership Structure, Voluntary R&D Disclosure and Market Value of Firms: The French Case. International Journal of Business, 17(2), 126–140.
Neliana, T. (2018). Pengungkapan Sukarela Laporan Tahunan dan Faktor-Faktor yang Mempengaruhi. Jurnal Akuntansi Dan Keuangan, 7(1), 79–98.
Nugraheni, B. D. (2012). Faktor-Faktor Yang Berpengaruh Terhadap Luas Pengungkapan Sukarela Dalam Laporan Keuangan. Jurnal Ekonomi Dan Keuangan, 16(3), 253–267.
Purwanto, E., & Wikartika, I. (2014). Analisis Voluntary Disclosure Perusahaan Telekomunikasi di BEI. Jurnal Neo-Bis, 8(2), 101–115.
Sabeni, A. (2013). Karakteristik Perusahaan Yang Mempengaruhi Tingkat Pengungkapan Item Voluntary Dalam Laporan Keuangan Perusahaan Publik Di Indonesia. Jurnal Akuntansi Dan Auditing, 10(1), 29–44. https://doi.org/10.14710/jaa.v10i1.12060
Scaltrito, D. (2016). Voluntary disclosure in Italy: Firm-specific determinants an empirical analysis of Italian listed companies. EuroMed Journal of Business, 11(2), 272–303. https://doi.org/10.1108/EMJB-07-2015-0032
Sefty, D., & Farihah, I. (2016). Pengaruh Ukuran Perusahaan dan Kepemilikan Manajerial terhadap Pengungkapan Laporan Keuangan (Studi Perusahaan Real Estate yang Terdaftar di Bursa Efek Indonesia). Jurnal Akuntansi, 3(2), 101–112.
Sweiti, I. M., & Attayah, O. F. (2013). Critical Factors Influencing Voluntary Disclosure : The Palestine Exchange “PEX.†Global Journal of Management and Business Research Finance, 13(6), 9–14.
Uyar, A., Kilic, M., & Bayyurt, N. (2013). Association Between Firm Characteristics and Corporate Voluntary Disclosure: Evidence from Turkish Listed Companies. Intangible Capital, 9(4), 1080–1112. https://doi.org/10.3926/ic.439
Wijaya, R. E. (2009). Keberadaan Corporate Governance Dan Kondisi Financial Distressed Terhadap Voluntary Disclosure. Jurnal Keuangan Dan Perbankan, 13(3), 395–404.
Yuen, C. Y. D., Steven, Z. X., Morris, L. M., & Lu, V. C. (2009). A Case Study of Voluntary Disclosure by Chinese Enterprises. Asian Journal of Finance & Accounting, 1(2), 119–145. https://doi.org/10.5296/ajfa.v1i2.121