FACTORS AFFECTING THE AREA OF RISK MANAGEMENT DISCLOSURES

Authors

  • Paulus Dwiharto Graduate Student of Master of Finance management, Faculty of Economics and Business, Esa Unggul University, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v4i4.1380

Abstract

The purpose of this study was to analyze the effect of leverage, company size, profitability, and auditors on the extent of risk management disclosure. This study uses the population of this study are non-financial companies listed in the 2016 MSCI Indonesia Index for the period of 2016, the research sample used was 68 companies. The data used in this research is secondary data. The data source in this study comes from the website www.ishare.com to find out the data of companies listed in the 2016 MSCI Indonesia Index. The research data used is the company's annual report which can be accessed through the relevant company website or the IDX website at www.idx. co.id. The data analysis method for this research is multiple regression analysis. The results showed that the leverage variable had no significant effect on the extent of risk management disclosure. The results of the leverage test showed that the significance value of leverage was 0.030 (sig <0.05). The firm size variable has an insignificant effect on risk management disclosure, the results of the firm size test show the significance value of the company size of 0.073 (sig <0.05). The profitability variable has no significant effect on risk management disclosure, the results of the profitability test show a value of 0.037 (sig <0.05). The auditor quality variable has no effect on risk disclosure, the results of the auditor quality test show a value of 0.713 (sig <0.05). The simultaneous test results show that the calculated F value shows a value of 3,360 with a probability of 0.015. The probability value is much smaller than 0.05, so the regression model can be used to predict risk management disclosures. Keywords: leverage, company size, profitability, risk management, auditors

Author Biography

Paulus Dwiharto, Graduate Student of Master of Finance management, Faculty of Economics and Business, Esa Unggul University

Graduate Student of Master of Finance management, Faculty of Economics and Business, Esa Unggul University

References

Abid, A. dan Shaiq, M. (2015). A study of risk disclosure in the annual reports of Pakistani companies: A content analysis. Research Journal of Finance and Accounting. Vol.6. No. 11 Hal. 14-24.

Achmad, T et al. (2017). Factors influenncing voluntary corporate risk disclosure practices by Indonesian companies. Corporate Ownership & Countrol. Vol.14. Hal. 286-293.

Adam, Mohammad, Mukhtaruddin, Hasni Yusrianti, dan Sulistiani. 2014. “Company Characteristics and Enterprise Risk Management Disclosure: Empirical Study on Indonesia Listed Companies.†International Journal of Economic Faculty in Sriwijaya University: 1–18.

Almilia, Luciana S. dan Ikka Retrinasari. 2007. “Analisis Pengaruh Karakteristik Perusahaan terhadapKelengkapanPengungkapan Dalam Laporan Tahunan Perusahaan Manufaktur yang Terdaftar di BEIâ€. Proceeding Seminar Nasional Inovai dalamMenghadapi Perubahan LingkunganBisnis FE UniversitasTrisakti. Jakarta, 9 Juni, 2007

Amran, A et al. (2009). Risk reporting: An explanatory study of risk management disclosure in Malaysian annual report. Managerial Auditing. Vol. 24. No.1 Hal. 39-57.

Andarini, Putri., dan Indira Januarti. (2012). Hubungan Karakteristik Dewan Komisarisdan Perusahaan terhadap Pengungkapan Risk Management Committee (RMC) pada Perusahaan Go Public Indonesia. SimposiumNasionalAkuntansi XIII.Purwokerto. 14-16 Oktober 2012

DetikFinance. 2009. “Kasus Century Bukan Karena Krisis, Tapi Murni Kriminal.â€http://finance.detik.com/moneter/1247749/2.

Hoyt, Robert and Dudley Moors. 2008. “The Value of Enterprise Risk Management: Evidence from theU.S. Insurance Industryâ€.

Indonesia, I. A. (2015). Dewan Standar Akuntansi Keuangan.

Jannah, I.M.M. (2016). Pengaruh tingkat leverage, profitabilitas, dan ukuran perusahaan terhadap pengungkapan manajemen risiko. Jurnal Perbanas. Hal 1-18.

Jensen, M., & Mecklin, W. (1976). Theory of the Firm: Manager Behaviour, Agency Costs and Analogous Situations. Journal of Financial Economics, 3, 323-329.

Kumalasari, M., Subowo, S., & Anisykurlillah, I. (2014). Faktor-Faktor yang Berpengaruh Terhadap Luas Pengungkapan Manajemen Risiko. Accounting Analysis Journal, 3(1).

Obalola, Musa A, Thomas I Akpan, dan A Abass. 2014. “The Relationship between Enterprise Risk Management (ERM) and Organizational Performance: Evidence from Nigerian Insurance Industry.†Research Journal of Finance

Oliveira, et al. (2011). Risk-related disclosure by non-finance companies: Portuguese practices and discloser characteristics. Managerial Auditing Journal. Vol. 26 No. 9. Hal. 817-839.

Ruwita, C. dan Puji H. (2013). Analisis pengaruh karakteristik perusahaan dan corporate governance terhadap pengungkapan risiko. Diponegoro Journal of Accounting. Vol.2. No. 2 Hal. 1- 13.

Setyarini, Yudiati I., 2011, Analisis Pengaruh Karakteristik Dewan Komisaris dan Karakteristik Perusahaan Terhadap Pengungkapan risk management committee, Skripsi S1 Fakultas Ekonomi Universitas Diponegoro, Semarang.

Sudarmaji, A. M. dan Lana Sularto. 2007. “Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, dan Tipe Kepemilikan Perusahaan Terhadap Luas Voluntary Disclosure Laporan Keuangan Tahunanâ€. Proceeding Psikologi, Ekonomi, Sastra, Arsitek dan Sipil Auditorium kampus Gunadarma. Jakarta 21-22 Agustus, 2007

Sulistyaningsih S. dan Barbara G. (2016). Analisis faktor-faktor yang mempengaruhi risk management disclosure (studi empiris pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesiatahun 2012-2014). Riset akuntansi dan keuangan Indonesia. Vol.1. No.1 Hal 1-11.

Utomo, Y., & Chariri, A. (2014). Determinan pengungkapan risiko pada perusahaan nonkeuangan di Indonesia (Doctoral dissertation, Fakultas Ekonomika dan Bisnis).

Wardhana, A. dan Nur C. (2013). Pengaruh karakteristik perusahaan terhadap pengungkapan risiko. Diponegoro Journal of Accounting. Vol.2. No. 3 Hal. 1- 14.

Downloads

Published

2020-12-30

How to Cite

Dwiharto, P. (2020). FACTORS AFFECTING THE AREA OF RISK MANAGEMENT DISCLOSURES. International Journal of Economics, Business and Accounting Research (IJEBAR), 4(4). https://doi.org/10.29040/ijebar.v4i4.1380

Issue

Vol. 4 No. 4 (2020): IJEBAR, VOL. 4, ISSUE 04, DECEMBER 2020

Section

Articles

Citation Check

License

Authors who publish with IJEBAR agree to the following terms: Authors retain copyright and grant the IJEBAR right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material) the work for any purpose, even commercially with an acknowledgement of the work's authorship and initial publication in IJEBAR. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in IJEBAR. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).