HUBUNGAN KARAKTERISTIK PERUSAHAAN TERHADAP LUAS PENGUNGKAPAN SUKARELA DI INDONESIA (STUDI PADA PERUSAHAAN MANUFAKTUR YANG LISTING DI BEI)

Abstract

This study examines the firms characteristic s effect to extent of voluntary disclosure in the annual report. The purpose of the study is to analyse whether the differences in voluntary disclosure published in annual reports of companies listed on the Jakarta Stock Exchange (JSX) are associated with the characteristics of the firms. The voluntary disclosure index consisting of 18 voluntary items was developed to measure the extent of voluntary disclosure in the 2006 and 2007 annual reports of 202 f irms and multiple regression analysis was employed to test the research hypothesis. The study finds that the extent of voluntary disclosure in the annual report is significantly and positively associated with firm size, profitability rasio, and audit firm but liquidity ratio is significantly and negatively associated with the extent of voluntary disclosure in the annual report. Age firm and ownership dispersion are not significantly associated with the extent of voluntary disclosure. Keywords: annual report, voluntary disclosure, firm characteristics