ANALISIS PENGARUH KOMPETISI DAN KARAKTERISTIK PERUSAHAAN TERHADAP LUAS PENGUNGKAPAN INFORMASI KEUANGAN DALAM WEBSITE PERUSAHAAN

Abstract

The dissemination of company's information is currently in aperiod ofpaperbased reporting system to paper-less reporting system. Rapid growth ofinternet as the current tendency for globalization has changed how the company interacts with the external environment. Company's response to the development of information technology is the establishment of company website. Website used as a mediafor the company to disseminate its information bothfinancial and non-financial The Company has been utilizing the Internet as a medium for presentingfinancial information in the form ofinternetfinancial reporting. This newform offinancial reporting presents new challenges andopportunities. This study examined how the influence of internal and external company characteristics to the extent offinancial disclosure on the company website. Variables tested in this research adopted the variables used by Alvarez et al. (2007). External characteristics of the companyrepresented by competition assessed based on the large concentration ofindustry. While the variables used to represent the company's internal characteristics is the size ofthe company, profitability and leverage. The techniquefor examining hypotheses is using linear regression method Research population is all the manufacturing companies listed in Indonesian Stock Exchange and have had company website. From the entire population, 49 companies as sample obtained Results ofresearch indicate thatfrom all manufacturing companies listed in Indonesian Stock Exchange, 62% of them have had a company website. From all ofthe independence variables tested only the size ofthe company and leverage that have a significant influence on the broad disclosure of financial information in the company's website. Keywords: Internet, Disclosure, Internet Financial Reporting, Competitions, Company Characteristics