FAKTOR-FAKTOR YANG MEMPENGARUHI KELENGKAPAN PENGUNGKAPAN LAPORAN KEUANGAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This study aims to test the factors that influence the level of disclosure of
financial statement completeness in manufacturing companies registered in the Jakarta
Stock Exchange. Disclosure of financial statement is factor that is significant in
achieving capital market efficiency and as a means of public accountability. A study in
disclosure of financial statement will give a viewpoint about disclosure practice
conducted in Indonesia.This study will examine the influence of independent variables;
they are leverage (DER), liquidity (CR), profitability (ROA), public share, and the age
of companies towards the level of disclosure of financial statement completeness as the
dependent variable. The level of disclosure of financial statement completeness is
measured by using Wallace Index.Sample used is 118 manufacturing company
financial statements in 2004 -2006 which are taken using purposive sampling. Items of
the disclosure studied include compulsory and voluntary disclosure to gain the total
item of 112 disclosures.The method analysis of the data used is multivariate regression
or the test on the hypothesis conducted to identify whether leverage, liquidity,
profitability, public share, and the age of the company have significant influence
towards the level of disclosure of financial statement completeness.The result of the
study shows that profitability variable and public share have positive and significant
influence towards the level of disclosure of financial statement completeness. The other
independent variable such as leverage, liquidity, and the age of the company do not
indicate certain significance influence towards the level of disclosure of financial
statement completeness.
Keywords: disclosure of financial statement completeness, leverage, liquidity,
profitability, public share, and the age of companies.