PENGARUH PROFITABILITAS, LEVERAGE, LIKUIDITAS, UKURAN PERUSAHAAN, KEPEMILIKAN SAHAM PUBLIK, UKURAN KAP DAN UMUR PERUSAHAAN TERHADAP PENGUNGKAPAN SUKARELA (Studi Empiris pada Laporan Tahunan Perusahaan Subsektor Makanan dan Minuman Tahun 2018-2020

Abstract

Investor’s need for transparent and accurate information can be extended through the firm's voluntary disclosure as additional information for investors in making wiser decisions. This research examined the effect of profitability, leverage, liquidity, firm size, public shareholding, audit firm size, and firm age on the extent of voluntary disclosures on the annual report of food and beverage subsector companies. Data obtained through secondary data on the website of the Indonesia Stock Exchange and the website of each company. The samples in this study were 17 food and beverage subsector companies listed on the Indonesia Stock Exchange. The sampling technique used in this study was purposive sampling. Hypothesis testing using multiple linear regression analysis methods. This study found that the profitability variable positively affects the extent of voluntary disclosure, and the firm age variable negatively affects voluntary disclosure. Meanwhile, the variables of leverage, liquidity, firm size, public shareholding and audit firm size don’t have effect on the extent of voluntary disclosures.