Proportion of the Independent Commissioners 'Board, Institutional Ownership and Its Characteristics Effect on Discussion of Sukarela in Annual Report (Empirical Study of Manufacturing Companies Listed on BEI Period 2013 - 2015)

Abstract

This study aimed to get the empirical evidence from the influence of independent commissioners proportion, institutional ownership and firm characteristics on the voluntary disclosure. The population in this study are listed in Indonesia Stock Exchange (BEI) in 2013-2015. Samples were taken using purposive sampling method and samples that meet the criteria are 105 datas. The hypotheses in this study are tested using multiple regression analysis. The results show that the size of the firm, and leverage has a significant effect on voluntary disclosure. On the contrary independent commissioners proportion, institutional ownership, and profitability has no significant effects on the voluntary disclosure.

Keywords: Independent commissioner board, Intitusional ownership, firm size, leverage, and profitability, voluntary disclosure.