THE ROLE OF CORPORATE GOVERNANCE IMPROVING VOLUNTARY DISCLOSURE

Abstract

In recent years there have been problems regarding the extent of disclosure of the financial statements of companies listed on the IDX, namely it is still relatively not yet extensive which often results in losses for stakeholders. From these problems, the role of information as the main product produced through the company's financial statements is very important, as a sign or signal that influences the investment decisions of parties outside the company and the information provided to the public is more comprehensive regarding the condition of the company. This research is important to do because voluntary disclosure contains important information and can influence users' decisions and can reduce information asymmetry. The purpose of this study is to examine the variables of Public Ownership, the board of commissioners, Independent Commissioners and the Audit Committee as factors affecting the extent of voluntary disclosure. The results of this study indicateThe four indicators of good corporate governance used in this study were only the audit committee that showed their effect on voluntary disclosure. The variables of public ownership, board of commissioners and independent commissioners do not affect the extent of voluntary disclosure.