The Effect of Public Ownership, Risk Management Committee, Bank Size, Leverage, and Board of Commissioners on Risk Management Disclosures (Empirical Study in Banking Sector Companies Listed on the Indonesia Stock Exchange for the Period 2011-2015)

Every company is defi nitely at fi nancial risk or operational risk. In a uncertain econimic situation, risk management is one of the ways to reduce and deal with the possible risk faced by the company. This research aims to analyze the effect of public ownership, risk management committee, bank size, leverage and the board of commissioners on the disclosure of risk management. The population used in this study is secondary data derived from annual reports of conventional banking companies listed on the Indonesia Stock Exchange (IDX), period 2011-2015. A sample of 35 companies is obtained through purposive sampling method. The statistical method used is regression analysis. Hypothesis test is conducted by t test and F test. The results of this study show that (1) public ownership has no effect on risk management disclosure, (2) risk management committe has an effect on risk management discolsure, (3) bank size has no effect on risk management disclosure, (4) leverage has an effect disclosure risk management, (5) the board of commissioners has an effect on risk management disclosure.

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ANALYSIS OF THE INFLUENCE OF THE SIZE OF THE BOARD OF COMMISSIONERS AND THE SIZE OF THE COMPANY ON RISK MANAGEMENT SEPARATE FROM THE AUDIT COMMITTEE

PAPATUNG: Jurnal Ilmu Administrasi Publik, Pemerintahan dan Politik ◽

10.54783/japp.v4i2.461 ◽

2021 ◽

Vol 4 (2) ◽

pp. 33-38

Author(s):

Dwi Urip Wardoyo ◽

Supriadi Nababan ◽

Elvan Nazmi Khairi

Keyword(s):

Risk Management ◽

Audit Committee ◽

Stock Exchange ◽

Secondary Data ◽

Data Sources ◽

Annual Reports ◽

Collection Method ◽

Management Committee ◽

Secondary Data Sources ◽

Risk Management Committee

This study examines the effect of the size of the board of commissioners, and the size of the company on the formation of a separate risk management committee from the audit committee in companies that are members of the LQ45 index on the Indonesia Stock Exchange in 2018-2020. The data collection method in this study uses secondary data sources in the form of annual reports of companies that are members of LQ45. Based on the results of the study, the size of the board of commissioners has an effect on the formation of a separate risk management committee and the size of the company has no effect on the formation of a separate risk management committee.

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Pengaruh Struktur Modal dan Keberadaan Komite Pengawas Manajemen Terhadap Kebijakan Dividen (Studi Empiris Pada Perusahaan Food and Beverage Di Indonesia Tahun 2014-2016 Yang Terdaftar di BEI)

JURNAL ADMINISTRASI BISNIS ◽

10.14710/jab.v7i2.22692 ◽

2018 ◽

Vol 7 (2) ◽

pp. 78

Author(s):

Dinalestari Purbawati ◽

Rodhiyah Rodhiyah

Keyword(s):

Risk Management ◽

Capital Structure ◽

Dividend Policy ◽

Stock Exchange ◽

Annual Reports ◽

Management Committee ◽

Food And Beverage ◽

Oversight Committee ◽

The Impact ◽

Risk Management Committee

This study examined the impact between capital structure and existence of an oversight committee to dividend policy. The oversight committee such as risk management committee, nominations and remuneration committee. Data was collected from the annual reports food and beverage companies listed on the Indonesian Stock Exchange (BEI) the period 2014, 2015 and 2016. Analysis tools used multiple regression. The results showed that the variable capital structure and risk management committee has a significant effect on dividend policy. The simultan test showed that capital structure and oversight committee has a significant effect on dividend policy.Studi ini meneliti dampak antara struktur modal dan keberadaan komite pengawasan terhadap kebijakan dividen. Komite pengawasan seperti komite manajemen risiko, komite nominasi dan remunerasi. Data dikumpulkan dari laporan tahunan perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia ( BEI) periode 2014, 2015 dan 2016. Alat analisis menggunakan regresi berganda. Hasil penelitian menunjukkan bahwa variabel struktur modal dan komite manajemen risiko memiliki pengaruh signifikan terhadap kebijakan dividen. Uji simultan menunjukkan bahwa struktur modal dan komite pengawasan memiliki pengaruh signifikan terhadap kebijakan dividen.

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Investigasi Pengaruh Luasnya Pengungkapan Sukarela atas Keberadaan Komite Pengawas Manajemen Pada Perusahaan Manufaktur Di Indonesia

JURNAL ADMINISTRASI BISNIS ◽

10.14710/jab.v9i1.25911 ◽

2020 ◽

Vol 9 (1) ◽

pp. 23-30

Author(s):

Dinalestari Purbawati ◽

Agung Budiatmo

Keyword(s):

Risk Management ◽

Voluntary Disclosure ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Annual Reports ◽

Manufacturing Companies ◽

Management Committee ◽

Oversight Committee ◽

The Impact ◽

Risk Management Committee

This study investigated the impact the existence from the oversight committee on the extent from voluntary disclosure of manufacturing company in Indonesia. The oversight committee consist of risk management committee and nomination and remuneration committe. The existence from the oversight committee of manufacturing companies who have never been broad mandatory will have an influence on the differences in the voluntary disclosure between the company which one with a company that other. Data was collected used a documentation technique from the annual reports manufacturing companies listed on the Indonesian Stock Exchange period 2015 until 2017. Sampling method used purposive sampling. The number of samples were 81 companies each year. Multiple linear regression analysis is tools used in this model. The final results showed that in parsial the existence from the risk management committee (RMC) had a positive significant effect of the extent from voluntary disclosure. In simultan test showed that oversight committee had a positive significant effect on the extent of voluntary disclosure. Suggestions for further research is to be able to add the use of data collection method as questionnaires and interviews in knowing more information about the existence of an oversight committee.

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Hedging Activities Information and Risk Management Committee Effectiveness: Malaysian evidence

10.31235/osf.io/kxfqe ◽

2018 ◽

Author(s):

Azrul Bin Abdullah ◽

Ku Nor Izah Ku Ismail

Keyword(s):

Risk Management ◽

Corporate Governance ◽

Significant Influence ◽

Statistical Models ◽

Voluntary Disclosure ◽

Annual Reports ◽

Management Committee ◽

Corporate Governance Mechanisms ◽

The Relationship ◽

Risk Management Committee

This study examines the extent of information about hedging activities disclosures within the annual reports of Main Market companies listed on Bursa Malaysia. The extent of hedging activities disclosures is captured through a 32-item-template, which consists of a mandatory and voluntary disclosure scores. The results of this study indicate that the extent of information on hedging activities disclosure is still insufficient among the sampled companies even though the disclosure scored is quite high. This study also examines the relationship between the existence of risk management committee (RMC), its characteristics and the extent of information on hedging activities disclosure in two separate statistical models. The regression results imply that the existence of RMC is positive but does not significantly influence the extent of information on hedging activities disclosure. However its characteristics (i.e. RMC independence and RMC meeting) have a significant influence. The findings may provide some meaningful insights to regulators, policymakers and researchers, towards the establishment of RMC as a part of the internal corporate governance mechanisms. In addition to its existence, the effectiveness of RMC also needs to be emphasised.

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THE MODERATING EFFECT OF INDEPENDENT COMMISIONERS ON FINANCIAL POLICY AND PUBLIC OWNERSHIP TOWARD CORPORATE FINANCIAL PERFORMANCE

International Journal of Contemporary Accounting ◽

10.25105/ijca.v2i2.7517 ◽

2020 ◽

Vol 2 (2) ◽

pp. 139

Author(s):

Niko Silitonga

Keyword(s):

Financial Performance ◽

Stock Exchange ◽

Measurement Instrument ◽

Secondary Data ◽

Sampling Technique ◽

Annual Reports ◽

Corporate Financial Performance ◽

Financial Policy ◽

Public Ownership ◽

The Relationship

AbstractThe corporate financial performance is one of the measurement instrument whether the company is sustainable. This study aims to determine the effect of financial policy and public ownership on corporate financial performance with Independence of commissioners as a moderating variable in mining companies listed on Indonesia Stock Exchanges. This research uses a quantitative research model using secondary data. The data in this study were processed by the Moderating Regression Analysis (MRA) method supported by the IBM SPSS and Microsoft Excel programs as support software with data analysis techniques in the form of a classic assumption test and R2 test, F test, and t test. The population in this study are companies that have reported annual reports consistently during the 2014-2017 period. This study used a purposive sampling technique and obtained as many as 19 companies in accordance with predetermined criteria. The results of this study indicate that financial policy proxied by debt policy (DER) has a significant and positive effect on corporate financial performance, public ownership has no significant effect on corporate financial performance, independence commissioners strengthen the relationship between financial policy on corporate financial performance and independence commissioners do not has a moderating role between the relationship between Public Ownership and corporate financial performance. This study uses data from mining sector companies, it is recommended for further research to use other sectors such as: Property & Real Estate Sector, Manufacturing Sector, and others listed on the Indonesia Stock Exchange. The implications of this study for the company management, this research can provide input to the company to be able to choose and use an independent commissioner who fulfills expertise in the financial and business fields of his company in order to make a decision on his company's financial policy.Keywords: Independence of Commissioners, Financial Policy, Public Ownership, Corporate Financial Performance.

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The Formation of Separate Risk Management Committee and the Effect on Modified Audit Report

Malaysian Management Journal ◽

10.32890/mmj.17.2013.8993 ◽

2020 ◽

Author(s):

Suhaimi Ishak ◽

Mohd ‘Atef Md Yusof

Keyword(s):

Risk Management ◽

Empirical Evidence ◽

Multivariate Analyses ◽

Annual Reports ◽

Audit Report ◽

Management Committee ◽

Risk Management Committee

The aim of the paper is to examine the formation of a separate risk management committee (RMC) and its effect on the modified audit report among the non-banking and financial companies listed in Bursa Malaysia. Data was collected from the annual reports of a sample of 300 companies from 2004 until 2009. Both descriptive and multivariate analyses were employed to address the research objectives. The results indicate that a separate RMC is negatively related with the acceptance of the modified audit report. Further, the RMC’s members with independent non-executive status and members with accounting and financial background will also probably reduce the acceptance of the modified audit report. However, losses recorded for previous financial years are likely to increase the issuance of modified audit report by the auditor. The period of auditor engagement with the client and client size will also affect the modified audit report. The findings provide empirical evidence on the development and importance of a separate RMC for the modified audit report.

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Can the risk management committee improve risk management disclosure practices in Indonesian companies?

Investment Management and Financial Innovations ◽

10.21511/imfi.18(3).2021.19 ◽

2021 ◽

Vol 18 (3) ◽

pp. 204-213

Author(s):

Linda Agustina ◽

Kuat Waluyo Jati ◽

Niswah Baroroh ◽

Ardian Widiarto ◽

Pery N. Manurung

Keyword(s):

Risk Management ◽

Firm Size ◽

Ownership Concentration ◽

Manufacturing Companies ◽

Corporate Risk Management ◽

Management Committee ◽

Management Disclosures ◽

Corporate Risk ◽

The Relationship ◽

Risk Management Committee

This study examines the role of the risk management committee as a moderating variable. The risk management committee will moderate the relationship between firm size, profitability, ownership concentration, and the size of the Enterprise Risk Management (ERM) disclosure board. The study is based on agency theory, which discusses the relationship between management and company owners and shareholders. The research sample consisted of 56 manufacturing companies in Indonesia with 224 units of analysis obtained using the purposive sampling technique. It has been proven that the risk management committee can moderate the relationship between firm size and ERM disclosure and ownership concentration and ERM disclosure. Company size is known to affect the disclosure of risk management in a company. But ownership concentration shows different things, that is, it does not affect corporate risk management disclosures. The results also show that the risk management committee cannot moderate the relationship between profitability and the size of the board of commissioners on the company’s risk management disclosures. It has also not been proven that profitability and the size of the board of commissioners directly affect corporate risk management disclosures. Thus, it can be stated that the risk management committee plays a role in controlling the extent of the company’s risk management disclosures; this is necessary to maintain stakeholder trust in the company.

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Firm Characteristics And Enterprise Risk Management Disclosures: Evidence From State-Owned Enterprise In Indonesia

Archives of Business Research ◽

10.14738/abr.98.10582 ◽

2021 ◽

Vol 9 (8) ◽

pp. 136-144

Author(s):

Hudi Kurniawanto

Keyword(s):

Risk Management ◽

Regression Analysis ◽

Stock Exchange ◽

Total Sample ◽

Enterprise Risk Management ◽

Annual Reports ◽

Firm Characteristics ◽

Risk Disclosure ◽

Enterprise Risk ◽

Management Disclosures

The purpose of this study is to examine the effect of firm characteristics on enterprise risk management disclosure. The object of research is State-Owned Enterprises listed on the Indonesia Stock Exchange in 2019-2020, a total sample of 40 annual reports using purposive sampling and multiple regression analysis. The results of this study prove that firm size and leverage do not affect enterprise risk management disclosure, while profitability affects enterprise risk management disclosure. The greater the profitability generated by the company, the wider the risk disclosure will be made to show stakeholders that State-Owned Enterprises in Indonesia can use capital efficiently.

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Studi Empiris Kekuatan Stabilitas Keuangan Perbankan Syariah di Indonesia

Jurnal Ekonomi Bisnis dan Kewirausahaan ◽

10.26418/jebik.v8i2.28015 ◽

2019 ◽

Vol 8 (2) ◽

pp. 147

Author(s):

Elok Heniwati

Keyword(s):

Banking Sector ◽

Global Financial Crisis ◽

Stock Exchange ◽

Secondary Data ◽

Annual Reports ◽

Islamic Banking ◽

Insolvency Risk ◽

Conventional Banks ◽

The Stability ◽

The Global Financial Crisis

The study aims to examine the stability of Islamic banking in Indonesia after the global financial crisis. This study is significant, considering the rapidly growth of Islamic banking in Indonesia and uniqueness of its operating systems and products. By using secondary data from the annual reports of the banking sector listed on the Indonesia Stock Exchange (IDX) for the period from 2013 to 2016, regression analysis with the ZSCORE function (insolvency risk) as the dependent variable and a number of predictor variables (firm-specific, macroeconomic and governance) are used as tools for achieving research objectives. To check the robustness of the research findings, a model with different specifications has been used. The results indicate that profitability and firm size have a significant influence on the insolvency risk (ZSCORE) of banks and empirical factors that influence these risks differ between Islamic banks and conventional banks.

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Pengaruh Ukuran Perusahaan, Konsentrasi Kepemilikan, Reputasi Auditor dan Risk Management Committee terhadap Pengungkapan Enterprise Risk Management

Jurnal Ilmiah Akuntansi ◽

10.23887/jia.v5i1.23090 ◽

2020 ◽

Vol 5 (1) ◽

pp. 01

Author(s):

Desak Nyoman Wiona Budi Fayola ◽

Annisa Nurbaiti

Keyword(s):

Risk Management ◽

Firm Size ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Total Sample ◽

Enterprise Risk Management ◽

Ownership Concentration ◽

Management Committee ◽

Enterprise Risk ◽

Risk Management Committee

This study aims to examine the effect of firm size, ownership concentration, auditor’s reputation and risk management committee on the disclosure of enterprise risk management in banking companies listed on the Indonesia Stock Exchange (IDX) for the 2015-2018. The sample selection technique used is puposive sampling and acquired 41 banking companies in the 2015-2018 so that the total sample used in this study are 164 samples. The data analysis method used is multiple linear regression analysis using Eviews version 10. The results found that simultaneous firm size, ownership concentration, auditor’s reputation, and risk management committee influence the disclosure of enterprise risk management. Based on partial testing, firm size has a positive effect and ownership concentration negatively influences the disclosure of enterprise risk management.

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