Peran Corporate Governance dalam Meningkatkan Voluntary Disclosure

Abstract

Abstrak: Peran Corporate Governance dalam Meningkatkan Vo luntary Disclosure. Tujuan penelitian ini untuk menguji pengaruh sejumlah variabel corporate governance terhadap tingkat voluntary disclosure. Analisis data dilakukan dengan uji regresi linier ber ganda. Penelitian ini menunjukkan bahwa kepemilikan publik dan komite audit berpengaruh terhadap tingkat voluntary disclosure. Hal ini menunjukkan adanya peningkatan tuntutan voluntary disclosure. Selain itu, penelitian ini juga menemukan bahwa komite audit ber peran untuk menjamin kepatuhan pelaporan keuangan, termasuk voluntary disclosure. Meskipun demikian, dewan komisaris dan ko misaris independen tidak dapat memengaruhi voluntary disclosure karena lebih menekankan pengawasan pada mandatory disclosure. Abstract: The Role of Corporate Governance in Increasing VoluntaryDisclosure. The purpose of this study is to examine the effect of a number of corporate governance variables on the level of voluntary disclosure. Data analysis was done by multiple linear regression test. This study shows that public ownership and audit committee have an effect on voluntary disclosure level. These indicate that there is an increase in voluntary disclosure demands. In addition, the audit committee acts to ensure compliance with financial reporting, including voluntary disclosure. Nevertheless, the board of commissioners and independent commissioners can't influence voluntary disclosure because it emphasizes supervision on the mandatory disclosure.

Mimetic Isomorphism as a Reason for Preparing Sustainability Report

“…Although signaling theory indicates that voluntary report is not easy to be imitated, companies are willing to pay more in order to reduce negative image and get legitimacy by making sustainability report (Fatmawati, Astuti, & Suhardjanto, 2018;Wicaksono & Kholid, 2019). Neo-institutional theory calls this behavior as mimetic isomorphism.…”

Controlling shareholders, audit committee characteristics, and related party transaction disclosure: Evidence from Indonesia

“…The previous study of the number of audit committees on disclosure showed mixed results. Fatmawati, Astuti, & Suhardjanto (2018) find the positive affected between sizes of the audit committees on the voluntary disclosure in Indonesia. Salehi & Shirazi (2016) showed significant positive effect between the size of the audit committee and the quality of financial disclosure.…”

“…The control variables in this study are the company size, leverage, external auditor, and industry type. Firm size was chosen as a control variable because some previous studies find that firm size influences the level of compliance disclosure (Bepari, Rahman, & Mollik, 2014;Sellami & Fendri, 2017;Fatmawati, Astuti, & Suhardjanto, 2018). Following Bepari, Rahman, & Mollik (2014) and Sellami & Fendri (2017), firm size is proxied by the natural logarithm of the total assets.…”

Good corporate governance practices and voluntary disclosure in companies listed in the Indonesia Sharia Stock Index (ISSI)

“…This result is possible because the agency theory used to link the variable proportion of independent commissioners and the level of voluntary disclosure is weak. This statement is supported by Fatmawati et al, (2018) which implied that for both variables, it is better to use signalling theory for interested company to convey information that can increase company credibility although the information is not required to give a positive signal of the company. Furthermore, independent commissioners prefer to comply and make mandatory disclosures in accordance with regulations.…”