PENGARUH KARAKTERISTIK PERUSAHAAN TERHADAP LUAS PENGUNGKAPAN PERUSAHAAN (STUDI PADA PERUSAHAAN SEKTOR KEUANGAN DAN NON-KEUANGAN YANG LISTING DI BEI 2006-2007)

Abstract

The aims ofthis study is to analyze the effect offirm characteristics on voluntary disclosure in annual reports of companies listed in Indonesia Stock Exchange (IDA period 2006-2007. The number ofcompanies taken as samples in this study covers about 166. This samples consist offinancial and non-financial companies This study uses content analysis to compile a measure of voluntary disclosure in annual reports The voluntary disclosure index consists of 18 voluntary items. Multiple regression analysis was applied to examine hypothesis ofthisstudy: The result of this study is the extent of voluntary disclosure in annual report is significantly andpositively associated with public ownership; auditfirm and industry type. Managerial ownership, composition of bulependent commissioners and profitability ratio are not significantly associated with the extern ofvoluntary disclosure: Meanwhile, the result of content analysis shows that the level ofvoluntary disclosure in company's annual reports is still low. Keywords_ annual report, voluntary disclosure, firm characteristics