Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies

The study aims to examine the influence of corporate governance structure that includes ownership structure, board of directors’ size, board of commissioner’s size, and audit firm type to the Islamic voluntary disclosure (IVD) in the Indonesian sharia-compliant companies listed on Jakarta Islamic I...

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Main Authors: Peni Nugraheni, Rahardianto Muhammad Eko, Nor Izzati Mohd Aziz
Format: Article
Language:English
Published: Universitas Islam Indonesia 2024-12-01
Series:Jurnal Akuntansi dan Auditing Indonesia
Subjects:
Online Access:https://journal.uii.ac.id/JAAI/article/view/33444
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author Peni Nugraheni
Rahardianto Muhammad Eko
Nor Izzati Mohd Aziz
author_facet Peni Nugraheni
Rahardianto Muhammad Eko
Nor Izzati Mohd Aziz
author_sort Peni Nugraheni
collection DOAJ
description The study aims to examine the influence of corporate governance structure that includes ownership structure, board of directors’ size, board of commissioner’s size, and audit firm type to the Islamic voluntary disclosure (IVD) in the Indonesian sharia-compliant companies listed on Jakarta Islamic Index 70 (JII70). Voluntary disclosure in this study is measured using the Islamic disclosure index. This study analyses the data using multiple regression. The results show that the board of directors’ size significantly positively affects Islamic voluntary disclosure, while the ownership structure, type of audit firm and board of commissioners' size do not significantly affect the extent of Islamic voluntary disclosure. These results imply that voluntary disclosure is very dependent on the will of internal parties. The board of directors can encourage wider disclosure, especially in sharia aspects, thereby further emphasizing its status as a sharia compliance company.
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issn 1410-2420
2528-6528
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publishDate 2024-12-01
publisher Universitas Islam Indonesia
record_format Article
series Jurnal Akuntansi dan Auditing Indonesia
spelling doaj-art-a576ee1731d845fbbcb0504515d3e7f62025-08-20T02:28:19ZengUniversitas Islam IndonesiaJurnal Akuntansi dan Auditing Indonesia1410-24202528-65282024-12-0128210.20885/jaai.vol28.iss2.art2Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companiesPeni Nugraheni0Rahardianto Muhammad Eko1Nor Izzati Mohd Aziz2Department of Accounting, Universitas Muhammadiyah Yogyakarta, Yogyakarta, IndonesiaDepartment of Accounting, Universitas Muhammadiyah Yogyakarta, Yogyakarta, IndonesiaManagement and Science University (MSU), Shah Alam, Malaysia The study aims to examine the influence of corporate governance structure that includes ownership structure, board of directors’ size, board of commissioner’s size, and audit firm type to the Islamic voluntary disclosure (IVD) in the Indonesian sharia-compliant companies listed on Jakarta Islamic Index 70 (JII70). Voluntary disclosure in this study is measured using the Islamic disclosure index. This study analyses the data using multiple regression. The results show that the board of directors’ size significantly positively affects Islamic voluntary disclosure, while the ownership structure, type of audit firm and board of commissioners' size do not significantly affect the extent of Islamic voluntary disclosure. These results imply that voluntary disclosure is very dependent on the will of internal parties. The board of directors can encourage wider disclosure, especially in sharia aspects, thereby further emphasizing its status as a sharia compliance company. https://journal.uii.ac.id/JAAI/article/view/33444Islamic voluntary disclosureJakarta Islamic Index 70corporate governance structure audit firm type
spellingShingle Peni Nugraheni
Rahardianto Muhammad Eko
Nor Izzati Mohd Aziz
Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies
Jurnal Akuntansi dan Auditing Indonesia
Islamic voluntary disclosure
Jakarta Islamic Index 70
corporate governance structure
audit firm type
title Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies
title_full Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies
title_fullStr Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies
title_full_unstemmed Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies
title_short Corporate governance structure, firm characteristics and voluntary disclosure: The case of Indonesian sharia compliant companies
title_sort corporate governance structure firm characteristics and voluntary disclosure the case of indonesian sharia compliant companies
topic Islamic voluntary disclosure
Jakarta Islamic Index 70
corporate governance structure
audit firm type
url https://journal.uii.ac.id/JAAI/article/view/33444
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AT rahardiantomuhammadeko corporategovernancestructurefirmcharacteristicsandvoluntarydisclosurethecaseofindonesianshariacompliantcompanies
AT norizzatimohdaziz corporategovernancestructurefirmcharacteristicsandvoluntarydisclosurethecaseofindonesianshariacompliantcompanies