The influence of board and firm characteristics on the implementation of integrated reporting in financial services companies registered in BEI
Article Sidebar
Published:
Aug 30, 2023
Keywords:
Characteristic Board, Firm Characteristic, Integrated Reporting
Section
Informtion System
Statistics Article
Article View : 93 Times
Main Article Content
Abstract
The integrated reporting framework is a framework that is used in the implementation of an integrated reporting. This framework consists of a number of financial reports, management records, corporate governance and remuneration, as well as a sustainability report. This conceptual framework is able to explain how companies create value for themselves. This study aims to analyze the factors that influence the implementation of integrated reporting of a company. Through non-probability sampling technique with purposive sampling method, 21 companies were obtained as samples and 42 data were used for observation. Then, the data was processed using SPSS 25 version for panel data regression analysis. The results of the study indicated that the projected board size, as measured by the total number of directors, and the projected board meetings, as measured by the number of combined board members' meetings in one year, have a positive and significant influence on the implementation of integrated reporting. Board independence and leverage have a positive and insignificant influence on the implementation of integrated reporting. Meanwhile, firm size has a negative and insignificant influence on the implementation of integrated reporting. Further research is expected to add other variables to improve previous studies
Downloads
Download data is not yet available.
Article Details
How to Cite
Maheswari, D. A. I. . and Sufiyati, S. (2023) “The influence of board and firm characteristics on the implementation of integrated reporting in financial services companies registered in BEI”, Jurnal Mantik, 7(2), pp. 1273-1280. doi: 10.35335/mantik.v7i2.4030.
References
Al Amosh, H., Khatib, S. F. A., & Hussainey, K. (2022). The Financial Determinants of Integrated Reporting Disclosure by Jordanian Companies. Journal of Risk and Financial Management, 15(9). https://doi.org/10.3390/jrfm15090375
Anojan, V., & Ramesh, S. (n.d.). The Impact of Board and Audit Committee Characteristics on the Adoption of Integrated Reporting of Listed Banks in Sri Lanka.
Chouaibi, S., Chouaibi, Y., & Zouari, G. (2022). Board characteristics and integrated reporting quality: evidence from ESG European companies. EuroMed Journal of Business, 17(4), 425–447. https://doi.org/10.1108/EMJB-11-2020-0121
Cooray, T., Gunarathne, A. D. N., & Senaratne, S. (2020). Does corporate governance affect the quality of integrated reporting? Sustainability (Switzerland), 12(10). https://doi.org/10.3390/su12104262
Daniela, R., Antonio, L., & Carmela, R. (2022). Digitalisation and accounting language games in organisational contexts. Journal of Management and Governance. https://doi.org/10.1007/s10997-022-09626-9
Drakic-Grgur, M. (2020). Financial Management. Studies in Health Technology and Informatics, 274. https://doi.org/10.3233/SHTI200667
Elani, E., Agustin, C. R., Sulastri, E. D., Miftah, A. S., & Hidaya, R. (2021). "The Effect of Company Size, Profitability, And Solvency on Audit Report Lag on Lq-45 Companies Listed in Indonesian Stock Exchange Period 2018-2020”. Review of International Geographical Education Online, 11(5). https://doi.org/10.48047/rigeo.11.05.80
Fayad, A. A. S., Binti Mohd Ariff, A. H., & Ooi, S. C. (2022). Dose board characteristics influence integrated reporting quality? Empirical evidence from an emerging market. Cogent Economics and Finance, 10(1). https://doi.org/10.1080/23322039.2022.2140907
Fuis Sukma Ayu, & Dian Filianti. (2022). Determinants of Financial Inclusion Information Disclosure of Islamic Rural Banks in Indonesia. Jurnal Ekonomi Syariah Teori Dan Terapan, 9(6). https://doi.org/10.20473/vol9iss20226pp923-935
Hameed, S. M. A., & Rahman Ahmed, N. A. R. (2020). Adoption of integrated reporting in emerging economies: Evidence from bahrain. Asian Economic and Financial Review, 10(10), 1115–1130. https://doi.org/10.18488/journal.aefr.2020.1010.1115.1130
Herlina Rahayuningsih, P. (1959). Pengaruh Ukuran Perusahaan, Leverage, Dan Struktur Kepemilikan Terhadap Integrated Reporting. Nucl. Phys., 13(1), 104–116.
Hughes, J. C., & Rog, E. (2008). Talent management: A strategy for improving employee recruitment, retention and engagement within hospitality organizations. International Journal of Contemporary Hospitality Management, 20(7), 743–757. https://doi.org/10.1108/09596110810899086
K?l?ç, M., & Kuzey, C. (2018). Determinants of forward-looking disclosures in integrated reporting. Managerial Auditing Journal, 33(1), 115–144. https://doi.org/10.1108/MAJ-12-2016-1498
Kurniawan, D., & Akbar, R. (2021). The Evaluation of Performance Indicators Development: A Study on Indonesian Financial Transaction Report and Analysis Center (PPATK). Journal of Accounting and Investment, 22(3). https://doi.org/10.18196/jai.v22i3.11157
Luomaranta, T., & Martinsuo, M. (2022). Additive manufacturing value chain adoption. Journal of Manufacturing Technology Management, 33(9). https://doi.org/10.1108/JMTM-07-2021-0250
Manes-Rossi, F., Nicolò, G., Tiron Tudor, A., & Zanellato, G. (2020). Drivers of integrated reporting by state-owned enterprises in Europe: a longitudinal analysis. Meditari Accountancy Research, 29(3), 586–616. https://doi.org/10.1108/MEDAR-07-2019-0532
Nguyen, H. C., Nguyen, P. M. H., Tran, B. H., Nguyen, T. T. N., Hoang, L. T. T., & Do, T. T. H. (2022). Integrated reporting disclosure alignment levels in annual reports by listed firms in Vietnam and influencing factors. Meditari Accountancy Research, 30(6), 1543–1570. https://doi.org/10.1108/MEDAR-02-2020-0710
Novaridha, I. A. (2017). Effect of Institutional Ownership, Firm Size and Profitability on The Elements of Integrated Reporting (Study on Non-Financial Companies Listed on Indonesian Stock Exchange 2015). JOM Fekon, 4(1).
Novianti, Y., Soegiarto, D., & Delima, Z. M. (2022). … Profitabilitas (Roa), Leverage, Board Size, Gender Diversity, Dan Struktur Kepemilikan Terhadap Integrated Reporting. Universitas Katolik Musi ….
Omran, M., Ramdhony, D., Mooneeapen, O., & Nursimloo, V. (2021). Integrated reporting and board characteristics: evidence from top Australian listed companies. Journal of Applied Accounting Research, 22(4), 732–758. https://doi.org/10.1108/JAAR-04-2020-0077
Pillai, Y., & Seetah, K. (2022). Determinants of Integrated Reporting Quality of Financial Firms. The Indonesian Journal of Accounting Research, 25(02). https://doi.org/10.33312/ijar.611
Posavec, S., Ke?a, L., Deli?, S., Stojanovska, M., & Malovrh, Š. P. (2021). Comparative analysis of selected business indicators of state forest companies. Sumarski List, 145(1–2). https://doi.org/10.31298/SL.145.1-2.1
Qaderi, S. A., Ghaleb, B. A. A., Hashed, A. A., Chandren, S., & Abdullah, Z. (2022). Board Characteristics and Integrated Reporting Strategy: Does Sustainability Committee Matter? Sustainability (Switzerland), 14(10). https://doi.org/10.3390/su14106092
Riyanto, S., & Hatmawan, A. A. (2020). Metode Riset Penelitian Kuantitatif Penelitian Di Bidang Manajemen, Teknik, Pendidikan Dan Eksperimen. Deepublish, 373.
Shofiyah, L., & Wilujeng Suryani, A. (2020). Audit Report Lag and Its Determinants. KnE Social Sciences. https://doi.org/10.18502/kss.v4i7.6853
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D (1st ed.). Penerbit Alfabeta.
Suttipun, M., & Bomlai, A. (2019). The relationship between corpoarat governance and integrated reporting: Thai evidence. International Journal of Business and Society, 20(1), 348–364.
Vitolla, F., Raimo, N., & Rubino, M. (2020). Board characteristics and integrated reporting quality: an agency theory perspective. Corporate Social Responsibility and Environmental Management, 27(2), 1152–1163. https://doi.org/10.1002/csr.1879
Anojan, V., & Ramesh, S. (n.d.). The Impact of Board and Audit Committee Characteristics on the Adoption of Integrated Reporting of Listed Banks in Sri Lanka.
Chouaibi, S., Chouaibi, Y., & Zouari, G. (2022). Board characteristics and integrated reporting quality: evidence from ESG European companies. EuroMed Journal of Business, 17(4), 425–447. https://doi.org/10.1108/EMJB-11-2020-0121
Cooray, T., Gunarathne, A. D. N., & Senaratne, S. (2020). Does corporate governance affect the quality of integrated reporting? Sustainability (Switzerland), 12(10). https://doi.org/10.3390/su12104262
Daniela, R., Antonio, L., & Carmela, R. (2022). Digitalisation and accounting language games in organisational contexts. Journal of Management and Governance. https://doi.org/10.1007/s10997-022-09626-9
Drakic-Grgur, M. (2020). Financial Management. Studies in Health Technology and Informatics, 274. https://doi.org/10.3233/SHTI200667
Elani, E., Agustin, C. R., Sulastri, E. D., Miftah, A. S., & Hidaya, R. (2021). "The Effect of Company Size, Profitability, And Solvency on Audit Report Lag on Lq-45 Companies Listed in Indonesian Stock Exchange Period 2018-2020”. Review of International Geographical Education Online, 11(5). https://doi.org/10.48047/rigeo.11.05.80
Fayad, A. A. S., Binti Mohd Ariff, A. H., & Ooi, S. C. (2022). Dose board characteristics influence integrated reporting quality? Empirical evidence from an emerging market. Cogent Economics and Finance, 10(1). https://doi.org/10.1080/23322039.2022.2140907
Fuis Sukma Ayu, & Dian Filianti. (2022). Determinants of Financial Inclusion Information Disclosure of Islamic Rural Banks in Indonesia. Jurnal Ekonomi Syariah Teori Dan Terapan, 9(6). https://doi.org/10.20473/vol9iss20226pp923-935
Hameed, S. M. A., & Rahman Ahmed, N. A. R. (2020). Adoption of integrated reporting in emerging economies: Evidence from bahrain. Asian Economic and Financial Review, 10(10), 1115–1130. https://doi.org/10.18488/journal.aefr.2020.1010.1115.1130
Herlina Rahayuningsih, P. (1959). Pengaruh Ukuran Perusahaan, Leverage, Dan Struktur Kepemilikan Terhadap Integrated Reporting. Nucl. Phys., 13(1), 104–116.
Hughes, J. C., & Rog, E. (2008). Talent management: A strategy for improving employee recruitment, retention and engagement within hospitality organizations. International Journal of Contemporary Hospitality Management, 20(7), 743–757. https://doi.org/10.1108/09596110810899086
K?l?ç, M., & Kuzey, C. (2018). Determinants of forward-looking disclosures in integrated reporting. Managerial Auditing Journal, 33(1), 115–144. https://doi.org/10.1108/MAJ-12-2016-1498
Kurniawan, D., & Akbar, R. (2021). The Evaluation of Performance Indicators Development: A Study on Indonesian Financial Transaction Report and Analysis Center (PPATK). Journal of Accounting and Investment, 22(3). https://doi.org/10.18196/jai.v22i3.11157
Luomaranta, T., & Martinsuo, M. (2022). Additive manufacturing value chain adoption. Journal of Manufacturing Technology Management, 33(9). https://doi.org/10.1108/JMTM-07-2021-0250
Manes-Rossi, F., Nicolò, G., Tiron Tudor, A., & Zanellato, G. (2020). Drivers of integrated reporting by state-owned enterprises in Europe: a longitudinal analysis. Meditari Accountancy Research, 29(3), 586–616. https://doi.org/10.1108/MEDAR-07-2019-0532
Nguyen, H. C., Nguyen, P. M. H., Tran, B. H., Nguyen, T. T. N., Hoang, L. T. T., & Do, T. T. H. (2022). Integrated reporting disclosure alignment levels in annual reports by listed firms in Vietnam and influencing factors. Meditari Accountancy Research, 30(6), 1543–1570. https://doi.org/10.1108/MEDAR-02-2020-0710
Novaridha, I. A. (2017). Effect of Institutional Ownership, Firm Size and Profitability on The Elements of Integrated Reporting (Study on Non-Financial Companies Listed on Indonesian Stock Exchange 2015). JOM Fekon, 4(1).
Novianti, Y., Soegiarto, D., & Delima, Z. M. (2022). … Profitabilitas (Roa), Leverage, Board Size, Gender Diversity, Dan Struktur Kepemilikan Terhadap Integrated Reporting. Universitas Katolik Musi ….
Omran, M., Ramdhony, D., Mooneeapen, O., & Nursimloo, V. (2021). Integrated reporting and board characteristics: evidence from top Australian listed companies. Journal of Applied Accounting Research, 22(4), 732–758. https://doi.org/10.1108/JAAR-04-2020-0077
Pillai, Y., & Seetah, K. (2022). Determinants of Integrated Reporting Quality of Financial Firms. The Indonesian Journal of Accounting Research, 25(02). https://doi.org/10.33312/ijar.611
Posavec, S., Ke?a, L., Deli?, S., Stojanovska, M., & Malovrh, Š. P. (2021). Comparative analysis of selected business indicators of state forest companies. Sumarski List, 145(1–2). https://doi.org/10.31298/SL.145.1-2.1
Qaderi, S. A., Ghaleb, B. A. A., Hashed, A. A., Chandren, S., & Abdullah, Z. (2022). Board Characteristics and Integrated Reporting Strategy: Does Sustainability Committee Matter? Sustainability (Switzerland), 14(10). https://doi.org/10.3390/su14106092
Riyanto, S., & Hatmawan, A. A. (2020). Metode Riset Penelitian Kuantitatif Penelitian Di Bidang Manajemen, Teknik, Pendidikan Dan Eksperimen. Deepublish, 373.
Shofiyah, L., & Wilujeng Suryani, A. (2020). Audit Report Lag and Its Determinants. KnE Social Sciences. https://doi.org/10.18502/kss.v4i7.6853
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D (1st ed.). Penerbit Alfabeta.
Suttipun, M., & Bomlai, A. (2019). The relationship between corpoarat governance and integrated reporting: Thai evidence. International Journal of Business and Society, 20(1), 348–364.
Vitolla, F., Raimo, N., & Rubino, M. (2020). Board characteristics and integrated reporting quality: an agency theory perspective. Corporate Social Responsibility and Environmental Management, 27(2), 1152–1163. https://doi.org/10.1002/csr.1879
Copyright and Licensing
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.