The aim of this study is to examine the role of corporate governance iniintellectual capital disclosure. This study uses firm size, leverage and return on asset as a control variable. The population in this study consists of manufacturing companies in Indonesia Stock Exchange for the period 2016 - 2018. Sample determined with purposive sampling method. Total sample of this research are 327 companies. This study used multiple regression analysis for hypotheses testing. The results of this study show that board size and government ownership has positive and significant effect on intellectual capital disclosure. Meanwhile, the proportion of independence, blockholder ownership, board tenure has no effect on intellectual capital disclosure.
The purpose of this study is to examine the effect of audit tenure, public accounting firms rotation, public accounting firms size, and auditor industry specialization on audit quality. Proxy measurements for audit quality is using discretionary accrual Modified Jones model, while audit tenure is measured by calculating the years in which the same auditor has collaborated with clients. Accounting firms rotation, accounting firms size, and auditor industry specialization is measured by using dummy variables. The population used in this study are manufacturing companies listed on the Indonesia Stock Exchange for the period 2017-2019. Sampling was done by using purposive sampling method. The total sample in this study was 403. The multiple linear regression was used to analyze data. The results showed that audit tenure negatively affecting on audit quality, accounting firms rotation positively affecting on audit quality, and auditor industry specialization positively affecting on audit quality while the public accounting firms size has no effect on audit quality.
This study aims to examine the effect of company characteristics on voluntary disclosure of Internet Financial Reporting. The dependent variable used in this study is voluntary disclosure of Internet Financial Reporting. Company characteristic is proxied by Company Size, Profitability, Company Age, Internationalized company, and industrial sector are used as independent variables. The population used in this study is manufacturing company listed on the Indonesian Stock Exchange in the period of 2019. Total sample of companies amouned to 124 samples were taken by using purposive sampling method and data analysis is done by using the multiple linear regression. Based on the results of the study, it shows that company size, profitability, company age and internationalized companies have no effect on voluntary disclosure of Internet Financial Reporting. Meanwhile, the industrial sector has a significant positive effect on voluntary Internet Financial Reporting disclosure. This is because industrial sector companies are companies that are advanced and keep up with the times that have used services with internet media.
This study was aimed to examine the effect of firm characteristics and board of commissioner characteristics on the dividend policy. The dependent variable of this study is dividend policy which is measured by dividend payout ratio (DPR). The firm characteristics proxied by profitability (ROA), leverage (DER), free cash flow, and the board of commissioner characteristics proxied by board size, board independence and board expertise. In addition, firm size and firm growth were used as control variables. The population of this study were the manufacturing company listed on the Indonesia Stock Exchange in the period of 2016-2018. Based on the purposive sampling method, the final sample obtained were 192 companies. Multiple linear regression was used to test the hypothesis in this study. The results showed that profitability (ROA), free cash flow, board independence and board expertise have a positive and significant effect on dividend policy, whereas leverage (DER) and board size have no significant effect on dividend policy.
This study aims to examine the effect of accrual earnings management (short term discretionary accrual and long term discretionary accrual), real earnings management (abnormal cash flow operations and abnormal discretionary expense), as well as IPO indicators such as underpricing on the oversubscription level of IPOs for SMEs in Indonesia. This research refers to research conducted by Arora and Singh (2020). The short term discretionary accrual and underpricing characteristics are considered to have a positive effect on the level of oversubscription in accordance with the hypothesis based on signal theory. This study uses multiple regression analysis, normality test to fulfill multiple regression tests and other classical assumption tests as well as the fit and goodness test. This study found that the level of oversubscription can be influenced by earnings management and underpricing and has explained the relationship between the dependent and independent variables. The results of this study explain that short term discretionary accruals have a positive effect on the level of oversubscription of the IPO of SMEs. Abnormal cash flow has a significant negative effect on the level of oversubscription. Meanwhile, long term discretionary accrual, abnormal discretionary expense, underpricing have no effect on the level of oversubscription of the IPO of SMEs in Indonesia.
