IDEAS home Printed from https://ideas.repec.org/a/ids/ijmefi/v13y2020i3p269-278.html
   My bibliography  Save this article

Corporate governance and voluntary disclosures: a story about corporate transparency from Indonesia

Author

Listed:
  • Fitra Roman Cahaya
  • Gunadi Yoga

Abstract

This study examines the impacts of corporate governance attributes on Indonesia Stock Exchange (IDX) listed companies' voluntary disclosures. Year-ending 2012 annual report disclosures of 100 IDX listed companies are analysed using a disclosure index. The results show a low level of voluntary disclosures (25.97%). The regression analysis shows that board size is a positive and significant predictor of voluntary disclosure practices. Agency theory thus partially explains the variability of these disclosure practices. Older companies also provide more disclosures. It is implied that the number of commissioners determines the strength of the board of commissioners in pushing the board of directors to be more transparent. Thus, to be more informed, international investors should invest their money in older companies having a greater number of commissioners.

Suggested Citation

  • Fitra Roman Cahaya & Gunadi Yoga, 2020. "Corporate governance and voluntary disclosures: a story about corporate transparency from Indonesia," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 13(3), pages 269-278.
    • Handle: RePEc:ids:ijmefi:v:13:y:2020:i:3:p:269-278
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=108830
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmefi:v:13:y:2020:i:3:p:269-278. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=218 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.