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The Effect of Supervisory Board Cross-Membership and Supervisory Board Members' Expertise to the Disclosure of Supervisory Board's Report: Empirical Evidence from Indonesia

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  • Iskandar Muda

Abstract

This research aimed to determine the effect of Sharia Supervisory Board cross-membership and Sharia Supervisory Board members' expertise to the disclosure of Sharia Supervisory Board's report.The analysis model used was Logistic Regression Analysis because the dependent variable in this research was dummy variable while Wald is used to test partially and omnibus test is used to test for simultaneous problems. The samples in this research were 12 Sharia Commercial Banks in Indonesia registered in Indonesia Stock Exchange in the period of 2013-2015. The type of data in this research was secondary data obtained from annual report of each company.The results have been verified by the Wald test proving that: (1) the Sharia Supervisory Board cross-membershipcoefficient is negative (-58.348) and not significant (sign 0.999) to the disclosure of the Sharia Supervisory Board's report, (2) the Sharia Supervisory Board members' expertise coefficient is positive (3.239) and significant (sign 0.05). The effect to the disclosure of Sharia Supervisory Board's report based on the result of omnibus test in which the Sharia Supervisory Board cross-membership and Sharia Supervisory Board members' expertise simultaneously have a significant effect to the disclosure of Sharia Supervisory Board's report.

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  • Iskandar Muda, 2017. "The Effect of Supervisory Board Cross-Membership and Supervisory Board Members' Expertise to the Disclosure of Supervisory Board's Report: Empirical Evidence from Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 691-705.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3a:p:691-705
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    5. Dedi Iskandar Batubara & Heri Kusmanto & M. Arif Nasution & Amir Purba, 2018. "Kaizen and Kanban Implementation in Management of Education to Support of Total Quality Management Improvement at Council of Al Washliyah of North Sumatera, Indonesia," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 154-166, September.
    6. April Sabdi Marbun & Sukaria Sinulingga & Iskandarini, 2018. "Analysis of Influence of Quality of Service and Quality of Products on Loyalty of Members with Member Satisfaction as Intervening Variable in Loan and Save Cooperative Nasari Branch Office of Medan," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 106-121, September.
    7. Rizky Putra & Winda Ardiani, 2018. "Effect of Communication Process on Customer Satisfaction in Improving Customer's Retention," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 87-95, September.
    8. Abdul Nasser Hasibuan, 2018. "Company Monitoring Analysis on Financial Report Quality in Indonesia Stock Exchange Manufacturing Sector," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(4), pages 162-175, December.
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    11. Ginting, Bengkel & Nasution, M. Arif & Subhilhar, Subhilhar & Harahap, R. Hamdani, 2018. "Analysis Of Weaknesses Of Coastal Community Economy Empowerment Program (Pemp) And National Program Of Community Empowerment Of Independent Marine And Fisheries (Pnpm-Mkp) On Traditional Fishermen In ," MPRA Paper 87762, University Library of Munich, Germany, revised Mar 2018.
    12. Rifki Maidasari & Yeni Absah & Elisabet Siahaan, 2018. "An Analysis of the Implication of Workload and Social Support toward Burnout," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 187-198, September.
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    14. Rahmad Hidayat & Isfenti Sadalia & Khaira Amalia Fachrudin, 2018. "Factors Affecting the Financing of Profitability Using Non Performing Financing as Moderating Variable in Sharia Business Unit of Bank Sumut (Bank of North Sumatera) in North Sumatera," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(1), pages 94-104, March.
    15. Bengkel Ginting & M. Arif Nasution & Subhilhar & R. Hamdani Harahap, 2018. "Analysis Of Weaknesses Of Coastal Community Economy Empowerment Program (Pemp) And National Program Of Community Empowerment Of Independent Marine And Fisheries (Pnpm-Mkp) On Traditional Fishermen In ," Junior Scientific Researcher, SC Research Publishing SRL, vol. 4(1), pages 41-53, May.
    16. Iskandar Muda & Weldi Maulana & Hasan Sakti Siregar & Naleni Indra, 2018. "The Analysis of Effects of Good Corporate Governance on Earnings Management in Indonesia with Panel Data Approach," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 22(2), pages 599-625, Spring.
    17. Osro, Siti Aisah & Nasution, Harmein & Sadalia, Isfenti, 2018. "The influence of emotional intelligence on the performance of health department officers of Deli Serdang regency," MPRA Paper 92359, University Library of Munich, Germany.
    18. Hafizah, 2018. "The Influence of Online Media and Social Media on Mass Communication with Communication Technology as Intervening Variables," Business and Economic Research, Macrothink Institute, vol. 8(1), pages 51-67, March.
    19. Budi Gautama Siregar & Ade Fatma Lubis & Azhar Maksum & Fachrudin, 2018. "Analysis Of Corporate Social Responsibility, Default Risk And Conservatism Effect To Earning Management With Good Corporate Governance As Moderating Variable In Manufacturing Company Whose Shares Inco," Junior Scientific Researcher, SC Research Publishing SRL, vol. 4(1), pages 14-33, May.

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    More about this item

    Keywords

    Supervisory Board Cross-Membership; Supervisory Board Member's Expertise and Supervisory Board's Report. JEL Classification Codes: D71; G21; G34;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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