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

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.

Download Full-text

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)

The Indonesian Accounting Review ◽

10.14414/tiar.v8i1.1577 ◽

2018 ◽

Vol 8 (1) ◽

pp. 12

Author(s):

Nisa Nailur Rahma ◽

Luciana Spica Almilia

Keyword(s):

Risk Management ◽

Banking Sector ◽

Stock Exchange ◽

Hypothesis Test ◽

Secondary Data ◽

Annual Reports ◽

Public Ownership ◽

Management Committee ◽

Management Disclosures ◽

Risk Management Committee

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.

Download Full-text

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.

Download Full-text

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.

Download Full-text

Does Corporate Governance Influence Voluntary Disclosure? Evidence from India

Indonesian Journal of Sustainability Accounting and Management ◽

10.28992/ijsam.v3i2.97 ◽

2019 ◽

Vol 3 (2) ◽

pp. 203

Author(s):

Rupjyoti Saha ◽

Kailash Chandra Kabra

Keyword(s):

Risk Management ◽

Corporate Governance ◽

Significant Influence ◽

Audit Committee ◽

Gender Diversity ◽

Annual Reports ◽

Board Independence ◽

Management Committee ◽

Board Gender Diversity ◽

Risk Management Committee

The purpose of this study is to examine the influence of different corporate governance (CG) attributes on voluntary disclosures (VD) made by 100 companies listed on the Bombay Stock Exchange (BSE) in their annual reports. To this end, the paper uses appropriate panel data regression technique, whereby the results indicate that three CG attributes—board independence, board gender diversity, and its risk management committee—have significant influence on VD. In particular, board independence is found to have weak negative influence on VD while its gender diversity and risk management committee indicate strong positive influence on VD. The other CG attributes, specifically the board size, role duality, ownership concentration, audit committee independence, and nomination and remuneration committees, do not reveal any significant influence on VD. Overall, the finding suggests that one of the conventional attributes of CG, i.e. board independence, acts with VD as an alternate control mechanism to reduce agency costs and protect investor interests. Meanwhile, VD co-exists with some of the latest CG attributes, including board gender diversity and its risk management committee, to monitor managers. The results of this paper should be relevant to regulators, practitioners, and other market participants in the Indian context, as well as other emerging markets with similar institutional settings.

Download Full-text

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.

Download Full-text

Pengaruh Karakteristik Komite Audit, Perusahaan dan Struktur Kepemilikan Terhadap Kecurangan Pelaporan Keuangan

SAR (Soedirman Accounting Review) Journal of Accounting and Business ◽

10.20884/1.sar.2016.1.2.304 ◽

2016 ◽

Vol 1 (2) ◽

pp. 50

Author(s):

Andrian Budi Prasetyo

Keyword(s):

Financial Reporting ◽

Ownership Structure ◽

Audit Committee ◽

Quantitative Methods ◽

Stock Exchange ◽

Secondary Data ◽

Annual Reports ◽

Fraudulent Financial Reporting ◽

Financial Expertise ◽

Firm Characteristic

This study examines the effect of audit committee characteristics, firm characteristic and ownership structure on the likelihood of fraudulent financial reporting. Audit committee characteristics is examined by audit committee financial expertise, meetings of the audit committee and the audit committee tenure. Firm characteristic is examined by the leverage, firm size, firm’s growth rate and external auditor. Ownership structure is examined by managerial ownership and institutional ownership. This research is using a quantitative methods research. This research is using secondary data that comes from the cases list of Otoritas Jasa Keuangan (OJK) and annual reports of the listed companies on the Indonesia Stock Exchange (IDX). Using a sample of 15 fraud and 15 non-fraud firms, we did not find a significant relation between the independent variabels and fraudulent financial reporting.

Download Full-text

Independent audit committee, risk management committee, and audit fees

Cogent Business & Management ◽

10.1080/23311975.2019.1707042 ◽

2019 ◽

Vol 6 (1) ◽

pp. 1707042 ◽

Cited By ~ 1

Author(s):

Dyah Ayu Larasati ◽

Melinda Cahyaning Ratri ◽

Mohammad Nasih ◽

Iman Harymawan

Keyword(s):

Risk Management ◽

Audit Committee ◽

Audit Fees ◽

Management Committee ◽

Independent Audit ◽

Risk Management Committee

Download Full-text

The Effect of Corporate Governance on Tax Avoidance: Evidence from Indonesia

Management & Economics Research Journal ◽

10.48100/merj.v2i4.126 ◽

2020 ◽

Vol 2 (4) ◽

pp. 66-85

Author(s):

Feren Frisca Tania ◽

. Mukhlasin

Keyword(s):

Corporate Governance ◽

Internal Control ◽

Audit Committee ◽

Stock Exchange ◽

Tax Avoidance ◽

Secondary Data ◽

Audit Committees ◽

Annual Reports ◽

Manufacturing Companies ◽

Negative Effect

This study aims to analyze the effect of the effectiveness of internal control, independent commissioners, the expertise of the board of commissioners, the number of audit committees, and the expertise of the audit committee on tax avoidance in manufacturing companies listed in Indonesia Stock Exchange period 2016-2018. This research is expected to be a material consideration for companies in making decisions related to taxation. The deductive approach used in this study by developing hypotheses based on relevant theories and findings of previous studies. Agency theory is used to see the effect of corporate governance on tax avoidance. The data collection method uses secondary data from the company's financial statements and annual reports according to specific criteria. Data analysis was performed by descriptive statistics and multiple linear regression. The results of the regression analysis prove that effectiveness of internal control and number of audit committees had a positive effect which means higher effectiveness of internal control and number of audit committees cause more tax avoidance, conversely independent commissioners and expertise of the board of commissioners had a negative effect which shows greater independent commissioners and expertise of the board of commissioners cause less tax avoidance. Another result claim that the expertise of the audit committee did not affect on tax avoidance. In contrast to previous studies, this study is more varied by combining several independent variables. JEL Codes: G34, H26.

Download Full-text

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.

Download Full-text