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)

Abstract

The aims of this study is to analyze the influence of firm characteristics on voluntary disclosure in
annual report in Indonesia. Factors tested in this study are firm size, firm age, leverage,
ownership dispersion, net profit margin, return on equity, liquidity, and proportion of independent
board of commissioners. Collecting data is using porposive sampling methode to the
manufacturing companies that listed in Indonesian Stock Exchange during 2008-2010. This study
uses content analysis to measure the extent of voluntary disclosure. There are 103 voluntary
disclosure items to detect the extent of voluntary disclosure. This study used agency theory,
stakeholder theory, and signal theory to explain lingkage between variables. This research uses
multiple regression that use to examine the influence of firm characteristics on voluntary
disclosure in annual report. The result of this research showed those independent variables that
have significant influence on extent of voluntary disclosure is firm size, leverage, and liquidity.
However, firm age, ownership dispersion, net profit margin, return on equity, and proportion of
independent board of commissioners do not show significant influence on the extent of voluntary
disclosures.