THE INFLUENCE OF FINANCIAL DISTRESS, COMPANY CHARACTERISTIC AND CORPORATE GOVERNANCE ON VOLUNTARY DISCLOSURE IN AN ANNUAL REPORT

Yolanda Gusvia Putri

Abstract


This study aims to examine the influence of the financial distress, profitability, liquidity, firm size, commissioners and audit committee on voluntary disclosure in the annual report of manufacturing companies listed on Indonesia Stock Exchange over period of 2012 to 2016. The population of this study is manufacturing companies listed on Indonesia Stock Exchange. There are 33 manufacturing companies that fit the criteria. After filtering the companies using the purposive sampling method, there are 14 manufacturing companies used in this study. The results of the study show that: (1) financial distress does not have any significant influence on voluntary disclosure; (2) profitability does not have any significant influence on voluntary disclosure; (3) liquidity does not have any significant influence on to voluntary disclosure; (4) firm size does not have any significant influence on voluntary disclosure; (5) the audit committee does not have any significant influence on voluntary disclosure; and (6) the board of commissioners has a significant influence on voluntary disclosure.


Keywords


financial distress; corporate characteristics; commissioners; audit committee; voluntary disclosure

Full Text:

PDF

References


Anisa, W. D. (2011). Pengaruh likuiditas, profitabilitas, ukuran perusahaan, dan kepemilikan saham publik terhadap pengungkapan laporan tahunan. Doctoral dissertation. Universitas Negeri Semarang. http://lib.unnes.ac.id/6833/1/7896.pdf

Asih, S. (2010). Faktor-faktor yang mempengaruhi tingkat pengungkapan sukarela dalam laporan tahunan dan pengaruhnya terhadap penilaian value relevance (Studi empiris perusahaan non keuangan di BEI tahun 2007-2008). Thesis. Universitas Indonesia. https://adoc.pub/universitas-indonesia483ddae689d620c33ef6d2236a4dd14c83540.html

Daniel, N. U. (2013). Pengaruh ukuran perusahaan, leverage dan likuiditas terhadap luas pengungkapan laporan keuangan. Jurnal Akuntansi Universitas Negeri Padang, 1(1), 1-24. http://ejournal.unp.ac.id/students/index.php/akt/article/viewFile/65/53

Dharma, C. Y. S., & Nugroho, P. I. (2013). Corporate governance, financial distress, and voluntary disclosure. In Proceedings of the International Conference on Managing the Asian Century, 4(1), 217-224. http://doi.org/10.1007/978-981-4560-61-0_25

Halim, J., Meiden, C., & Tobing, R. L. (2005). Pengaruh manajemen laba pada tingkat pengungkapan laporan keuangan pada perusahaan manufaktur yang termasuk dalam indeks LQ-45. SNA VIII Solo, 8, 117-135. https://www.academia.edu/6785292

Hanafi, M. M., & Halim, A. (2005). Analisis laporan keuangan, edisi kedua. Yogyakarta: AMP YKPN.

Hapsari, E. I. (2012). Kekuatan rasio keuangan dalam memprediksi kondisi financial distress perusahaan manufaktur di BEI. JDM (Jurnal Dinamika Manajemen), 3(2), 101-109. https://doi.org/10.15294/jdm.v3i2.2438

Harahap, S. S. (2007). Analisis kritis atas laporan keuangan, edisi pertama, cetakan ketiga. Jakarta: PT. Raja Grafindo Persada.

Immanuel, R. Y. (2015). Pengaruh financial distress dan struktur corporate governance terhadap luas pengungkapan informasi sukarela. Diponegoro Journal of Accounting, 4(3), 289-300. https://ejournal3.undip.ac.id/index.php/accounting/article/view/16819

Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency cost and ownership structure. Journal of Financial Economics, 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X

Kasmir. (2012). Analisis laporan keuangan. Jakarta: PT. Raja Grafindo Persada.

Nasir, N. M., & Abdullah, S. N. (2004). Voluntary disclosure and corporate governance among financially distressed firms in Malaysia. Financial Reporting, Regulation and Governance, 3(1), 1-39. www.business.curtin.edu.au/index.cfm?objectld=55489367-D582-2975-B8105F3A1FB1979

Poluan, G., & Nugroho, P. I. (2015). Pengaruh mekanisme corporate governance dan kondisi financial distress terhadap luas pengungkapan sukarela dalam laporan tahunan perusahaan. Dinamika Akuntansi Keuangan dan Perbankan, 4(1), 39-56. https://www.unisbank.ac.id/ojs/index.php/fe9/article/view/3826

Subramanyam, K. R., & Wild, J. (2011). Analisis laporan keuangan, edisi 10. Jakarta: Salemba Empat.

Sugiyono. (2010). Metode penelitian kuantitatif, kualitatif dan R&D. Bandung: CV. Alfabeta.

Suta, A. Y., & Laksito, H. (2012). Analisis faktor-faktor yang mempengaruhi luas pengungkapan informasi sukarela laporan tahunan (Studi empiris pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2008-2010). Doctoral dissertation. Universitas Diponegoro. http://eprints.undip.ac.id/35989/1/SUTA.pdf

Tunggal, A. W. (2014). Konsep dan studi kasus internal auditing. Jakarta: Harvarindo.

Wiguna, P. W. (2012). Influence of leverage, firm size, profitability and liquidity against of voluntary disclosure. E-Jurnal Akuntansi Universitas Udayana, 2(1), 1-18. https://ojs.unud.ac.id/index.php/Akuntansi/article/view/4245/3266

Wijayanti, W. (2013). Analisis pengaruh corporate governance dan karakteristik perusahaan terhadap pengungkapan sukarela (voluntary disclosure) dalam laporan tahunan. Skripsi. Universitas Islam Negeri Syarif Hidayatullah Jakarta. http://repository.uinjkt.ac.id/dspace/bitstream/123456789/23850/1/semua%20bab%20skripsi.pdf




DOI: https://doi.org/10.32400/ja.31469.9.2.2020.84-93

Refbacks

  • There are currently no refbacks.




Copyright (c) 2020 Yolanda Gusvia Putri

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

FEB Publisher:
Program Studi Pendidikan Profesi Akuntansi
Fakultas Ekonomi dan Bisnis
Universitas Sam Ratulangi
Jl. Kampus Bahu - Manado, Sulawesi Utara
Indonesia 95115

ISEI Cooperation with:
Ikatan Sarjana Ekonomi Indonesia (ISEI)
d/a. Sekretariat Ikatan Sarjana Ekonomi
Fakultas Ekonomi dan Bisnis Universitas Sam Ratulangi
Jl. Kampus Bahu - Manado, Sulawesi Utara
Indonesia 95115