PENGARUH KARAKTERISTIK PERUSAHAAN DAN DEWAN KOMISARIS TERHADAP PENGUNGKAPAN ANTI KORUPSI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Sinta Yulia  Permatasari; Andri  Prastiwi

doi:10.33395/owner.v7i4.1638

Authors

Sinta Yulia Permatasari Departemen Akuntansi, Fakultas Ekonomika dan Bisnis Universitas Diponegoro
Andri Prastiwi Departemen Akuntansi, Fakultas Ekonomika dan Bisnis Universitas Diponegoro

DOI:

10.33395/owner.v7i4.1638

Keywords:

Anti-corruption Disclosure, Company Characteristics, Board of Commissioners, Manufacturing Companies

Abstract

The anti-corruption program is the company's initial defense strategy against corruption. Therefore, the disclosure and transparency of these programs is a commitment in illuminating corruption and improving the ethical behavior of management, employees, partners, agents and other related parties of the company. This study aims to analyze the effect of company characteristics and the board of commissioners on corporate anti-corruption disclosures. The research objects are manufacturing sector companies listed on the IDX in 2020 and 2021. The sampling method is purposive sampling with a sample of 100 companies. Data collection uses research instruments, data analysis is quantitative/statistical in nature with the aim of testing the established hypotheses. Methods of data analysis using SPSS version 25.0. This study found that company size, company age, net profit margin, and board of commissioners have a positive effect on anti-corruption disclosure.

Keywords: Anti-corruption Disclosure, Company Characteristics, Board of Commissioners, Manufacturing Companies

Downloads

Download data is not yet available.

Plum-X Analityc

References

Alqattan, E. K. (2022). The shortcomings of anti-corruption measures: Kuwait’s financial disclosure system. Journal of Financial Crime. https://doi.org/10.1108/JFC-01-2022-0031

Andrés, P. de, Polizzi, S., Scannella, E., & Suárez, N. (2021). Corruption-Related Disclosure in the Banking Industry: Evidence From GIPSI Countries. SSRN Electronic Journal, May. https://doi.org/10.2139/ssrn.3740729

Ariawan, I., & Umar, H. (2022). Pengaruh Pengungkapan Praktek Anti Korupsi Pada Sustainability Report Terhadap Going Concern Dengan Composite Gcg Sebagai Variabel Moderasi (Studi Kasus Pada Perbankan Indonesia Tahun 2015 – 2018).

Arif, F. A., & Wawo, A. (2016). Pengaruh Ukuran Perusahaan, Leverage, dan Likuiditas terhadap Pengungkapan Corporate Social Responsibility dengan Profitabilitas sebagai Variabel Moderasi. ASSETS: Jurnal Ekonomi, Manajemen, Dan Akuntansi, 6(2), 177–195.

Asare, E. T., Duho, K. C. T., Agyenim-Boateng, C., Onumah, J. M., & Simpson, S. N. Y. (2020). Anti-corruption disclosure as a necessary evil: impact on profitability and stability of extractive firms in Africa. Journal of Financial Crime, 28(2), 531–547. https://doi.org/10.1108/JFC-09-2020-0173

Barkemeyer, R., Preuss, L., & Lee, L. (2015). Corporate reporting on corruption: An international comparison. Accounting Forum, 39(4), 349–365. https://doi.org/10.1016/j.accfor.2015.10.001

Baron, R. M., & Kenny, D. A. (1986). The Moderator-Mediator Variable Distinction in Social Psychological Research. Conceptual, Strategic, and Statistical Considerations. Journal of Personality and Social Psychology, 51(6), 1173–1182. https://doi.org/10.1037/0022-3514.51.6.1173

Barros, A. do N. F., dos Santos, M. R. L., Melo, I. de A., dos Santos, M. P. D., & da Silva, S. M. (2022). Are politically connected firms in Brazil worried about anti-corruption disclosure? Journal of Accounting in Emerging Economies, 12(2), 300–317. https://doi.org/10.1108/JAEE-05-2020-0118

Blanc, R., Islam, M. A., Patten, D. M., & Branco, M. C. (2017). Corporate anti-corruption disclosure: An examination of the impact of media exposure and country-level press freedom. Accounting, Auditing and Accountability Journal, 30(8), 1746–1770. https://doi.org/10.1108/AAAJ-02-2015-1965

Branco, M. C., & Matos, D. (2016). The fight against corruption in Portugal: Evidence from sustainability reports. Journal of Financial Crime, 23(1), 132–142. https://doi.org/10.1108/JFC-05-2014-0027

Branco, M. C., Delgado, C., & Turker, D. (2019). Liability of foreignness and anti-corruption reporting in an emerging market: The case of Turkish listed companies. Journal of Cleaner Production, 232, 118–126. https://doi.org/10.1016/j.jclepro.2019.05.367

Duho, K. C. T., Agyenim-Boateng, C., Asare, E. T., & Onumah, J. M. (2020). Convergence and determinants of anti-corruption disclosure among extractive firms in Africa. Journal of Financial Crime. https://doi.org/10.1108/JFC-06-2020-0109

Faisal, F., Joseph, C., Saputri, A., & Prastiwi, A. (2022). The content and determinants of CSR anti-corruption disclosure: the case of public-listed companies in Indonesia. Journal of Financial Crime, 29(3), 890–907. https://doi.org/10.1108/JFC-07-2021-0155

Fazzini, M., & Dal Maso, L. (2015). The value relevance of firms’ anti-bribery and corruption efforts the Italian evidence. Corporate Ownership and Control, 12(4Cont7), 718–726. https://doi.org/10.22495/cocv12i4c7p3

Gayg?s?z, E., & Lajunen, T. (2022). Cultural values, national personality characteristics, and intelligence as correlates of corruption: A nation level analysis. Heliyon, 8(5). https://doi.org/10.1016/j.heliyon.2022.e09506

Hartomo, O. D. (2019). Anteseden Pengungkapan Kebijakan Anti Korupsi Perusahaan di Bursa Efek Indonesia. Jurnal Kajian Akuntansi, 3(2), 196. https://doi.org/10.33603/jka.v3i2.2919

Hartomo, O. D., & Hutomo, S. H. P. (2020). the Ownership Structure, Board of Directors, Diversification, and Disclosure of Anti-Corruption Policies. Assets: Jurnal Akuntansi Dan Pendidikan, 9(2), 121. https://doi.org/10.25273/jap.v9i2.5660

Ilene. (2016). Pengaruh Tipe Industri, Ukuran Perusahaan, Kepemilikan Asing, Regulasi Pemerintah, Metode Dan Gaya Komunikasi, Performance Tata Kelola Perusahaan Terhadap Luas Pengungkapan Corporate Social Responsibility. Media Riset Akuntansi, 6(2), 61–86.

Islam, M. A., Dissanayake, T., Dellaportas, S., & Haque, S. (2018). Anti-bribery disclosures: A response to networked governance. Accounting Forum, 42(1), 3–16. https://doi.org/10.1016/j.accfor.2016.03.002

Islam, M. A., Haque, S., & Gilchrist, D. (2017). NFPOs and their anti-corruption disclosure practices. Public Money and Management, 37(6), 443–450. https://doi.org/10.1080/09540962.2017.1316133

Issa, A., & Alleyne, A. (2018). Corporate disclosure on anti-corruption practice: A study of social responsible companies in the Gulf Cooperation Council. Journal of Financial Crime, 25(4), 1077–1093. https://doi.org/10.1108/JFC-05-2017-0045

Issarawornrawanich, P., & Wuttichindanon, S. (2019). Corporate social responsibility practices and disclosures in Thailand. Social Responsibility Journal, 15(3), 318–332. https://doi.org/10.1108/SRJ-02-2017-0038

Jaggi, B., Allini, A., Ginesti, G., & Macchioni, R. (2021). Determinants of corporate corruption disclosures: evidence based on EU listed firms. Meditari Accountancy Research, 29(1), 21–38. https://doi.org/10.1108/MEDAR-11-2019-0616

Jannah, M., & Adhariani, D. (2021). Determinants of Anti-Corruption Disclosure in State-Owned Enterprise in Indonesia. Proceedings of the Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2019), 558(Aprish 2019), 412–417. https://doi.org/10.2991/assehr.k.210531.053

Joseph Joseph, C., Gunawan, J., Sawani, Y., Rahmat, M., Avelind Noyem, J., & Darus, F. (2016). A comparative study of anti-corruption practice disclosure among Malaysian and Indonesian Corporate Social Responsibility (CSR) best practice companies. Journal of Cleaner Production, 112, 2896–2906. https://doi.org/10.1016/j.jclepro.2015.10.091

Karim, N. K., Animah, & Sasanti, E. E. (2011). Pengungkapan Anti Korupsi dan Kinerja Keuangan. Riset Akuntansi Aksioma, 15(2), 28–52. http://aksioma.unram.ac.id/index.php/aksioma/article/view/5

Karim, N. K., Animah, A., & Sasanti, E. E. (2017). Pengungkapan Anti Korupsi Dan Kinerja Keuangan Perusahaan: Studi Kasus Perusahaan Terdaftar Di Indeks Sri Kehati. Jurnal Riset Akuntansi Aksioma, 15(2), 28. https://doi.org/10.29303/aksioma.v15i2.5

Khamainy, A. H., & Laras Asih, D. N. (2019). Pengungkapan Corporate Social Responsibility (CSR) dan Kinerja Keuangan Perusahaan dengan Pengungkapan Anti Korupsi sebagai Variabel Moderasi. Akmenika: Jurnal Akuntansi Dan Manajemen, 13(2), 271–282. https://doi.org/10.31316/akmenika.v16i2.393

Khasanah, P., & Kusuma, I. (2020). Anti-Corruption Disclosure and Earnings Management: a Case in Indonesian Capital Market. Jurnal Akuntansi Dan Keuangan Indonesia, 17(1). https://doi.org/10.21002/jaki.2020.06

Kong, D., Tao, Y., & Wang, Y. (2020). China’s anti-corruption campaign and firm productivity: Evidence from a quasi-natural experiment. China Economic Review, 63(July), 101535. https://doi.org/10.1016/j.chieco.2020.101535

Ligorio, L., Caputo, F., & Venturelli, A. (2022). Sustainability disclosure and reporting by municipally owned water utilities. Utilities Policy, 77(October 2021), 101382. https://doi.org/10.1016/j.jup.2022.101382

Mahmud, N. M., Mohamed, I. S., Arshad, R., & Reskino. (2021). Board characteristics and disclosure of corporate anti-corruption policies. Management and Accounting Review, 20(2), 209–229. https://doi.org/10.24191/MAR.V20i02-09

Masud, A. K., Rahman, M., & Rashid, M. H. U. (2022). Anti-Corruption Disclosure and Political Corporate Social Responsibility. 2021(March). https://www.transparency.org/cpi2021

Masud, M. A. K., Rahman, M., & Rashid, M. H. U. (2022). Anti-Corruption Disclosure, Corporate Social Expenditure and Political Corporate Social Responsibility: Empirical Evidence from Bangladesh. Sustainability (Switzerland), 14(10). https://doi.org/10.3390/su14106140

Nobanee, H., Atayah, O. F., & Mertzanis, C. (2020). Does anti-corruption disclosure affect banking performance? Journal of Financial Crime, 27(4), 1161–1172. https://doi.org/10.1108/JFC-04-2020-0047

Odriozola, M. A., & Etxeberria, I. Á. (2021). Determinants of corporate anti-corruption disclosure: The case of the emerging economics. Sustainability (Switzerland), 13(6). https://doi.org/10.3390/su13063462

Putri, D. D., & Yustisi, Y. P. (2022). Mekanisme Tata Kelola Internal dan Pengungkapan Antikorupsi Perusahaan di Indonesia. Jurnal Ekombis Review, 10(2),1245–1254. https://jurnal.unived.ac.id/index.php/er/indexDOI:https://doi.org/10.37676/ekombis.v10i2

Sari, T. K., Cahaya, F. R., & Joseph, C. (2021). Coercive Pressures and Anti-corruption Reporting: The Case of ASEAN Countries. Journal of Business Ethics, 171(3), 495–511. https://doi.org/10.1007/s10551-020-04452-1

Schonfelder, K., Velamuri, S. R., & Liu, W. (2016). Evolution of international and Chinese anti-bribery and corruption compliance programs. Corporate Governance (Bingley), 16(3), 437–451. https://doi.org/10.1108/CG-07-2015-0097

Su, Z., & Alexiou, C. (2022). The impact of anti-corruption measures and risk effects on equity incentives and financial misreporting in China. China Journal of Accounting Research, 15(1), 100218. https://doi.org/10.1016/j.cjar.2021.100218

Vale, J., & Branco, M. C. (2019). Anti-corruption reporting in emerging country multinationals. Journal of Financial Crime, 26(3), 861–873. https://doi.org/10.1108/JFC-10-2018-0114

Wei, Y., & He, W. (2022). Can anti-corruption improve the quality of environmental information disclosure? Environmental Science and Pollution Research, 29(4), 5345–5359. https://doi.org/10.1007/s11356-021-15932-w

Xu, S., Qiao, M., Che, B., & Tong, P. (2019). Regional anti-corruption and CSR disclosure in a transition economy: The contingent effects of ownership and political connection. Sustainability (Switzerland), 11(9), 1–14. https://doi.org/10.3390/su11092499

Xue, F., Chen, Q., Chan, K. C., & Yi, Z. (2022). Is corporate social responsibility value relevant? Evidence from a quasi-natural experiment of anti-corruption campaign. Journal of Business Research, 140(November 2021), 520–532. https://doi.org/10.1016/j.jbusres.2021.11.020

Zhou, K., Luo, H., Ye, D., & Tao, Y. (2022). The power of anti-corruption in environmental innovation: Evidence from a quasi-natural experiment in China. Technological Forecasting and Social Change, 182(June 2021), 121831. https://doi.org/10.1016/j.techfore.2022.121831