Pengaruh foreign ownership, ownership concentration dan foreign institutionsl investors terhadap voluntary disclosure pada sub sektor coal mining yang terdaftar di bursa efek Indonesia

Siti Ardiyanti, Rizky Yudaruddin

Abstract


Penelitian ini bertujuan untuk menganalisis pengaruh Forein Ownership, Ownership Concentration dan Foreign Institutional Investors terhadap Voluntary Disclosure pada perusahaan sub sektor coal mining yang terdaftar di Bursa Efek Indonesia. Dengan menggunakan metode purposive sampling diperoleh 18 perusahaan sebagai sampel penelitian dengan tahun 2016 sampai dengan tahun 2018 digunakan sebagai periode penelitian. Metode analisis yang digunakan adalah dengan menggunakan alat analisis regresi data panel dibantu dengan menggunakan alat analisis statistik yaitu Eviews. Hasil penelitian menunjukan bahwa Foreign Ownership berpengaruh positif dan signifikan terhadap Voluntary Disclosure, Ownership Concentration berpengaruh negatif dan signifikan terhadap Voluntary Disclosure, Forein Institutional Investors berpengaruh positif dan signifikan terhadap Voluntary Disclosure.

Keywords


Foreign ownership; ownership concentration; foreign institutional investors; voluntary disclosure

References


Alrabba, H. M., Abu Haija, A. A., AlQudah, A. M., & Azzam, M. J. (2018). The mediating role of foreign ownership in the relationship between board characteristics and voluntary disclosures of Jordanian banks. Academy of Accounting and Financial Studies Journal, 22(6).

Anam Ousama, A., Fatima, A., & Rashid Hafizâ€Majdi, A. (2012). Determinants of intellectual capital reporting. Journal of Accounting in Emerging Economies, 2(2), 119–139. https://doi.org/10.1108/20421161211229808

Baltagi, B. H. (2002). Econometric Analysis of Panel Data (3rd ed.). Wiley; 3 edition (July 18, 2005).

Bentivogli, C., & Mirenda, L. (2017). Foreign Ownership and Performance: Evidence from Italian Firms. International Journal of the Economics of Business, 24(3), 251–273. https://doi.org/10.1080/13571516.2017.1343542

Beyer, A., Cohen, D. A., Lys, T. Z., & Walther, B. R. (2010). The financial reporting environment: Review of the recent literature. Journal of Accounting and Economics, 50(2–3), 296–343. https://doi.org/10.1016/j.jacceco.2010.10.003

El-diftar, D. (2016). Instititional Investors And Voluntary Disclosuure.

Hirst, D. E., Koonce, L., & Venkataraman, S. (2008). Management earnings forecasts: A review and framework. Accounting Horizons, 22(3), 315–338. https://doi.org/10.2308/acch.2008.22.3.315

Ho, P. L., & Tower, G. (2011). Ownership structure and voluntary disclosure in corporate annual reports of Malaysian listed firms. Corporate Ownership and Control, 8(2 E), 296–312. https://doi.org/10.22495/cocv8i2c2p6

Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial. Journal of Financial Economics, 3, 305–360. https://doi.org/http://dx.doi.org/10.1016/0304-405X(76)90026-X

Lan, Y., Wang, L., & Zhang, X. (2013). Determinants and features of voluntary disclosure in the Chinese stock market. China Journal of Accounting Research, 6(4), 265–285. https://doi.org/10.1016/j.cjar.2013.04.001

Li, F. (2015). Research on Accounting Information Disclosure of the NEEQ Market. Modern Economy, 06(09), 1018–1022. https://doi.org/10.4236/me.2015.69096

Martins, M. M., Morais, A. I., Isidro, H., & Laureano, R. (2016). Intellectual Capital Disclosure : the Portuguese Case. Journal of the Knowledge Economy, 9(4), 1224–1245. https://doi.org/10.1007/s13132-016-0412-6

Mutascu, M., & Danuletiu, D. (2013). The literacy impact on tax revenues. Economics Discussion Papers, 2013–63, 0–25.

Patell, J. M. (1976). Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test. Journal of Accounting Research, 14(2), 246. https://doi.org/10.2307/2490543

Tsamenyi, M., & Aquorau, T. (1998). Institutional framework for tuna management in the Western Central Pacific: Achievements and constraints. Tuna Prospects and Strategies for the Indian Ocean, 413+.

Tsang, A., Xie, F., & Xin, X. (2019). Foreign Institutional Investors and Corporate Voluntary Disclosure Around the World. The Accounting Review, 94(5), 319–348. https://doi.org/10.2308/accr-52353

Yudaruddin, R. (2014). Statistik Ekonomi: Aplikasi Dengan Program SPSS Versi 20. Yogyakarta: Interpena Yogyakarta.




DOI: https://doi.org/10.30872/jimm.v8i2.9305

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 Jurnal Ilmu Manajemen Mulawarman (JIMM)

Crossref logo 

Editorial Address

Jurnal Ilmu Manajemen Mulawarman (JIMM)
Faculty of Economics and Business, Mulawarman University
Jl. Tanah Grogot No.1 Samarinda Kalimantan Timur 75119
Email: jimm.feb@gmail.com