Faktor Yang Mempengaruhi Risk Disclosure Pada Perusahaan Manufaktur Yang Terdaftar Di BEI
Main Article Content
Abstract
The purpose of this research is to obtain empirical evidence about the effects of board independence, profitability, firm size, leverage, and institutional ownership on risk disclosure in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. This research used 87 samples and 261 data from manufacturing companies selected by the purposive sampling method. Data processing techniques uses multiple linear regression analysis and processed using Eviews 11. The result of this research indicate that firm size has a positive and significant effect on risk disclosure while board independence, profitability, leverage, and institutional ownership have no significant effect on risk disclosure.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.
References
Abid, A., & Shaiq, M. (2015). A study of risk disclosures in the annual reports of Pakistani companies: A content analysis. Research Journal of Finance and Accounting, 6(11), 2222–2847.
Abraham, S., & Cox, P. (2007). Analysing the determinants of narrative risk information in UK FTSE 100 annual reports. The British Accounting Review, 39(3), 227–248.
Ajija, S. R., Wulansari, D., & Setianto, R. H. (2011). Cara cerdas menguasai EViews. Jakarta: Salemba Empat.
Al-Shammari, B. (2014). Kuwait corporate characteristics and level of risk disclosure: a content analysis approach. Journal of Contemporary Issues in Business Research, 3(3), 128–153.
Amran, A., Manaf Rosli Bin, A., & Che Haat Mohd Hassan, B. (2008). Risk reporting: An exploratory study on risk management disclosure in Malaysian annual reports. Managerial Auditing Journal, 24(1), 39–57.
Anisa, W. G., & Prastiwi, A. (2012). Analisis faktor yang mempengaruhi pengungkapan manajemen risiko: Studi empiris pada laporan tahunan perusahaan-perusahaan nonkeuangan yang terdaftar di BEI tahun 2010 [Skripsi]. Fakultas Ekonomika dan Bisnis Universitas Diponegoro.
Aryani, D. nita, & Hussainey, K. (2017). The determinants of risk disclosure in the Indonesian non-listed banks. International Journal of Trade and Global Markets, 1(1), 1–7.
Baek, H. Y., Johnson, D. R., & Kim, J. W. (2009). Managerial ownership, corporate governance and voluntary disclosure. The Journal of Business and Economic Studies, 15(2), 44–61.
Brealey, R., Myers, S., & Allen, F. (2011). Principles of corporate finance. Singapore: McGraw-Hill Education.
Brigham, E. F., & Houston, J. F. (2011). Fundamentals of financial management. Boston: Cengage Learning.
Elghaffar, E. S. A., Abotalib, A. M., & Khalil, M. A. A. M. (2019). Determining factors that affect risk disclosure level in Egyptian banks. Banks and Bank Systems, 14(1), 159–171.
Elzahar, H., & Hussainey, K. (2012). Determinants of narrative risk disclosures in UK interim reports. Journal of Risk Finance, 13(2), 133–147.
Eng, L. L., & Mak, Y. T. (2003). Corporate governance and voluntary disclosure. Journal of Accounting and Public Policy, 22(4), 325–345.
Gitman, L. J. (2003). Principles of managerial finance (10th ed.). Boston: Addison-Wesley.
Habtoor, O. S., Ahmad, N., Mohamad, N. R., & Haat, M. H. C. (2017). Linking corporate risk disclosure practices with firm-specific characteristics in Saudi Arabia. Gadjah Mada International Journal of Business, 19(3), 247–267.
Halbouni, S. S., & Yasin, A. (2016). Risk disclosure: Empirical investigation of UAE companies’ compliance with international accounting standards. International Journal of Business and Management, 11(8), 134.
Ibrahim, A., Habbash, M., & Hussainey, K. (2019). Corporate governance and risk disclosure : evidence from Saudi Arabia. Int. J. Accounting, Auditing and Performance Evaluation, 15(1), 89–111.
Inchausti, B. G. (1997). The influence of company characteristics and accounting regulation on information disclosed by Spanish firms. European Accounting Review, 6(1), 45–68.
Jensen, M. C., & Meckling, W. H. (1976). The theory of the firm: Managerial behavior, agency costs and ownership structures. Journal of Financial Economics, 3(4), 305–360.
Jorgensen, B. N., & Kirschenheiter, M. T. (2003). Discretionary Risk Disclosures. The Accounting Review, 78(2), 449–469.
Linsley, P. M., & Shrives, P. J. (2006a). Risk reporting: A study of risk disclosures in the annual reports of UK companies. British Accounting Review, 38(4), 387–404.
Linsley, P. M., & Shrives, P. J. (2006b). Risk reporting: A study of risk disclosures in the annual reports of UK companies. The British Accounting Review, 38(4), 387–404.
Lopes, P. T., & Rodrigues, L. L. (2007). Accounting for financial instruments: An analysis of the determinants of disclosure in the Portuguese stock exchange. International Journal of Accounting, 42(1), 25–56.
Madrigal, M. H., Guzmán, B. A., & Guzmán, C. A. (2015). Determinants of corporate risk disclosure in large Spanish companies: A snapshot. Contaduria y Administracion, 60(4), 757–775.
Mohobbot, A. (2005). Corporate risk reporting practices in annual reports of Japanese companies. Journal of the Japanese Association for International Accounting Studies, 113–133.
Nahar, S., Azim, M., & Jubb, C. (2016). The determinants of risk disclosure by banking institutions Evidence from Bangladesh. Asian Review of Accounting, 24(4), 426–444.
Primadhyta, S. (2017). OJK: Praktik GCG Perusahaan Indonesia Masih Tertinggal.
Probohudono, A. N., Tower, G., & Rusmin, R. (2013). Risk disclosure during the global financial crisis. Social Responsibility Journal, 9(1), 124–136.
Tauringana, V., & Chithambo, L. (2016). Determinants of risk disclosure compliance in Malawi: a mixed-method approach. Journal of Accounting in Emerging Economies, 6(2), 111–137.
Van Horne, J. C., & Wachowicz, J. M. (2012). Fundamental of financial management (12th ed.). New Jersey: Prentice Hall.
Wachira, M. (2018). Determinants of risk disclosures in Kenyan listed companies. African Journal of Business Management, 12(10), 267–273.
Zulfikar, R., Lukviarman, N., Suhardjanto, D., & Agustiningsih, S. W. (2017). Competition, independent comissioner, risk disclosure and financial performance. Review of Integrative Business and Economics Research, 6(1), 76–91.
www.idx.co.id