Mekanisme Good Corporate Governance, Kondisi Financial Distress, dan Voluntary Disclosure

Abstract

Penelitian ini menguji mekanisme good corporate governance dan kondisi financial distress terhadap pengungkapan sukarela dalam laporan tahunan. Penerapan good corporate governance oleh perusahaan, diproksikan dengan beberapa indikator diantaranya kepemilikan manajerial, kepemilikan institusional, dewan komisaris, dan komite audit. Metode pengambilan sampel yang digunakan dalam penelitian ini adalah purposive sampling. Sampel terdiri dari 53 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Hasil penelitian menunjukkan bahwa dewan komisaris berpengaruh signifikan terhadap pengungkapan sukarela. Sedangkan kepemilikan manajerial, kepemilikan institusional, komite audit, dan financial distress tidak berpengaruh signifikan terhadap pengungkapan sukarela.

This study examines the mechanism of good corporate governance and financial distress conditions on the voluntary disclosure in the annual report. Implementation of good corporate governance by companies, proxied by several indicators such as managerial ownership, institutional ownership, board of commissioners, and audit committees. The sampling method used in this study was purposive sampling. The sample consists of 53 manufacturing companies listed on The Indonesia Stock Exchange. The results showed that the board of commissioners have significant effect on the voluntary disclosure. While managerial ownership, institutional ownership, audit committees, and financial distress does not significantly influence voluntary disclosure.