Corporate Governance Mechanism and The Level of Internet Financial Reporting (Evidence from Indonesian Companies)

DOI: 10.5176/2251-1997_AF72

Authors: Dara Puspitaningrum and Sari Atmini

Abstract:

The purpose of this study is to find empirical evidence whether corporate governance mechanisms (ownership structure, independent commissioners, and audit committee characteristics) affect the level of voluntary disclosure of Internet Financial Reporting (IFR). Population used in this study are all of 420 Indonesian companies listed in Indonesian Stock Exchange (IDX) in the period of 2010. The sample of this research is determined using purposive sampling method. There are 95 companies fulfil the criteria. Data were analysed using multiple regression analysis. The result indicates that among corporate governance mechanisms, only audit committee meeting frequencies influence voluntary disclosure of IFR.

Keywords: Internet Financial Reporting; corporate governance; ownership structure; independent commissioners; audit committee

LinkOut:    ScienceDirect