Article Sidebar

Download
PDF
Statistic
Read Counter : 222 Download : 328

Main Article Content

Abstract

As we have entered the digital age, a shift has occurred in which the internet has considerably become a significant aspect in all sectors.  Not only individuals but also organizations use internet for a number of purposes. Internet financial reporting (IFR) is a company web-based information provided to stakeholders with the aim of disclosing information and minimizing information gaps. The data in this study are taken from the energy company  listed in the Indonesian Stock Exchange (IDX). The objective of this study was to analyze the effects of ownership concentration, company size, and profitability on IFR using purposive sampling technique, generated from the total of 144 samples comprising 48 companies with a period of 3 years. The regression method in this study uses panel data regression. The results indicate that ownership concentration, company size, and profitability simultaneously affect IFR. Partially, independent variable company size positively and significantly affect internet financial reporting, while ownership concentration and profitability do not affect IFR as the dependent variable.

Keywords

Internet Financial Reporting (IFR) Ownership Concentration Company Size Profitability

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Lestari, T. U., & Fauzi, M. N. (2023). The Effects of Ownership Concentration, Company Size, and Profitability on Internet Financial Reporting. Ilomata International Journal of Tax and Accounting, 4(3), 438-450. https://doi.org/10.52728/ijtc.v4i3.760

References

  1. Abdillah, M. R. (2019). Pengaruh strategi bisnis terhadap Internet Financial Reporting dan Agency Cost sebagai variabel intervening. Dinamika Ekonomi-Jurnal Ekonomi Dan Bisnis, 12(1), 1–18.
  2. Adugna, B. M., & Kumar, B. (2021). Determinants of internet financial reporting: In the case of Ethiopian insurance and banking sector companies. Journal Innovations, 66(66), 760–778.
  3. Agustina, D., & Yanto. (2022). Pengaruh Profitabilitas Terhadap Internet Financial Reporting (IFR). Journal of Economics and Accounting, 3(1), 39–44. https://doi.org/10.47065/arbitrase.v3i1.437
  4. Alarussi, A. S., & Alhaderi, S. M. (2018). Factors affecting profitability in Malaysia. Journal of Economic Studies, 45(3), 442–458. https://doi.org/10.1108/JES-05-2017-0124
  5. Amalia, W. E., & Azib. (2016). Pengaruh Internet Financial Reporting Dan Tingkat Pengungkapan Informasi Website Terhadap Frekuensi Perdagangan Saham Perusahaan. Jurnal Akuntansi Indonesia, 1(1), 11. https://doi.org/10.30659/jai.1.1.11-19
  6. Ariani, K. R., & Putri, G. A. (2021). The Determinants of Internet Financial Reporting for Investor Decision Making: Evidence from Indonesia Companies. In Springer (Vol. 149, Issue Smartcyber). https://doi.org/10.1007/978-981-15-7990-5_35
  7. Dâmaso, G., & Lourenço, I. C. (2011). Internet Financial Reporting : Environmental Impact Companies and other Determinants. 8th International Conference on Enterprise Systems, Accounting and Logistics (8th ICESAL 2011), July, 331–359.
  8. Dewi, A. E. (2019). Pengaruh Profitabilitas, Leverage, Kepemilikan Manajerial Dan Kepemilikan Blockholder Terhadap Internet Financial Reporting. Jurnal Ilmu Dan Riset Akuntansi, 8(7), 1–16.
  9. Dissanayake, D., Tilt, C., & Qian, W. (2019). Factors influencing sustainability reporting by Sri Lankan companies. Pacific Accounting Review, 31(1), 84–109. https://doi.org/10.1108/PAR-10-2017-0085
  10. Dolinšek, T., & Lutar-Skerbinjek, A. (2018). Voluntary disclosure of financial information on the internet by large companies in Slovenia. Kybernetes, 47(3), 458–473. https://doi.org/10.1108/K-08-2016-0220
  11. Dolinšek, T., & Lutar-Skerbinjek, A. (2019). Internet financial reporting adoption: Exploring the influence of board role performance and isomorphic forces. Journal of Economics, Finance and Administrative Science, 24(48), 266–287. https://doi.org/10.1108/JEFAS-11-2018-0120
  12. Dwiastuti, D. S., & Dillak, V. J. (2019). Pengaruh Ukuran Perusahaan, Kebijakan Hutang, dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal ASET (Akuntansi Riset), 11(1), 137–146. https://doi.org/10.17509/jaset.v11i1.16841
  13. Fitrian, B. C., & Navilah. (2022). Pengaruh Ukuran Perusahaan, Profitabilitas, dan Leverage Terhadap Interner Financial Reporting. Media Riset Akuntansi, 12(1), 89–108.
  14. Hussein, A., & Nounou, G. (2022). The impact of internet financial reporting on Egyptian company’s performance. Journal of Financial Reporting and Accounting, 20(5), 841–865. https://doi.org/10.1108/JFRA-10-2020-0293
  15. Khlifi, F. (2022). Re-examination of the internet financial reporting determinants. EuroMed Journal of Business, 17(4), 519–549. https://doi.org/10.1108/EMJB-10-2020-0115
  16. Khotimah, D. K., & Hapsari, D. W. (2022). Factors Influencing Internet Financial Reporting in Infrastructure Firms. Budapest International Research and Critics Institute-Journal, 17640–17652.
  17. Kurniawati, Y. (2018). Faktor-Faktor Yang Berpengaruh Pada Internet Financial Reporting (IFR) Di Perusahaan Manufaktur Yang Terdaftar Dalam Bursa Efek Surabaya (BES). Media Mahardhika, 16(2), 289–299.
  18. Lestari, Y. A., & Naimah, Z. (2020). Peran Entrenchment Effect Dari Konsentrasi Kepemilikan. 11(4), 321–333.
  19. Lim, H., & Rokhim, R. (2020). Factors affecting profitability of pharmaceutical company: an Indonesian evidence. Journal of Economic Studies, 48(5), 981–995. https://doi.org/10.1108/JES-01-2020-0021
  20. Marwa, A., Isynuwardhana, D., & Nurbaiti, A. (2017). Intangible Asset, Profitabilitas, Dan Sustainability Report Terhadap Nilai Perusahaan. Jurnal Riset Akuntansi Kontemporer, 9(2), 79–87. https://doi.org/10.23969/jrak.v9i2.582
  21. Meinawati, T., Suhendro, S., & Masitoh, E. (2020a). Analisis Determinan Pengungkapan Internet Financial Reporting pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia. Owner (Riset Dan Jurnal Akuntansi), 4(2), 412. https://doi.org/10.33395/owner.v4i2.253
  22. Meinawati, T., Suhendro, S., & Masitoh, E. (2020b). Analisis Determinan Pengungkapan Internet Financial Reporting pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia. Owner (Riset Dan Jurnal Akuntansi), 4(2), 412. https://doi.org/10.33395/owner.v4i2.253
  23. Mokhtar, E. S. (2017). Internet financial reporting determinants: a meta-analytic review. Journal of Financial Reporting and Accounting, 15(1), 116–154. https://doi.org/10.1108/JFRA-07-2016-0061
  24. Musleh Al-Sartawi, A., & Reyad, S. (2018). Signaling theory and the determinants of online financial disclosure. Journal of Economic and Administrative Sciences, 34(3), 237–247. https://doi.org/10.1108/jeas-10-2017-0103
  25. Nassir Zadeh, F., Salehi, M., & Shabestari, H. (2018). The relationship between corporate governance mechanisms and internet financial reporting in Iran. Emerald Publishing Limited, 18(6), 1021–1041. https://doi.org/10.1108/CG-06-2017-0126
  26. Nazar, S. N., & Syafrizal, D. (2019). Ownership Structures Badan Usaha Milik Negara: Internet Financial Reporting. Jurnal Akuntansi Keuangan Dan Bisnis, 12(2), 95–104.
  27. Nurbaiti, A., Lestari, T. U., & Thayeb, N. A. (2021). Pengaruh Corporate Governance, Financial Distress, dan Ukuran Perusahaan Terhadap Integritas Laporan Keuangan. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 5(1), 758–771.
  28. Oktaviani, A., Andriati, H., & Larasati, R. (2020). Analisis Pengungkapan Faktor-Faktor Yang Mempengaruhi Penerapan Internet Financial Reporting (IFR) Sebagai Voluntary Disclosure Pada Tahun 2014-2018. Jurnal Akuntansi Dan Keuangan Daerah, 15(2), 87–97. https://doi.org/10.52062/jakd.v15i2.1627
  29. Permatasari, M., Melyawati, M., Firmansyah, A., & Trisnawati, E. (2021). Peran Konsentrasi Kepemilikan: Respon Investor, Penghindaran Pajak, Manajemen Laba. Studi Akuntansi Dan Keuangan Indonesia, 4(1), 17–29. https://doi.org/10.21632/saki.4.1.17-29
  30. Rahmawati, N. (2020). Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, dan Likuiditas Terhadap Internet Financial Reporting (IFR) Pada Perusahaan Manufaktur.
  31. Rizqiah, R. N., & Lubis, A. T. (2017). Penerapan Internet Financial Reporting (IFR) Pada Bank Umum Syariah Di Indonesia. Jurnal Akuntansi Dan Keuangan Islam, 5(1), 63–81. https://doi.org/10.35836/jakis.v5i1.14
  32. Sabrina, S., Lisandra, A., Meiryani, & Handoko, B. L. (2019). The factors affecting internet financial reporting application in Indonesian listed manufacturing company. ACM International Conference Proceeding Series, 38–42. https://doi.org/10.1145/3355966.3355969
  33. Sandhu, A., & Singh, B. (2019). Board composition and corporate reporting on internet: Indian evidence. Journal of Financial Reporting and Accounting, 17(2), 292–319. https://doi.org/10.1108/JFRA-05-2017-0031
  34. Sharma, Dr. N. K., & Bhardwaj, Dr. S. (2022). The Influence of Pressure Groups on Financial Reporting. The Evolution of Corporate Financial Accounting, December, 265–274. https://doi.org/10.13140/RG.2.2.28123.44327
  35. Sirait, J. N., & Lestari, T. U. (2022). Pengaruh Profitabilitas , Umur Listing Dan Reputasi Auditor Terhadap Internet Financial Reporting ( Studi pada Perusahaan Sub Sektor Makanan dan Minuman Terdaftar pada Bursa Efek Indonesia Periode 2018-2021 ) The Effect Of Profitability , Age Listing And . 9(5), 3177–3184.
  36. Sukmadilaga, C., Ritchi, H., Suciati, H., Lestari, T. U., & Ghani, E. K. (2019). Digital financial reporting practices among public listed mining companies in Indonesia. International Journal of Innovation, Creativity and Change, 5(2), 1116–1133.
  37. Suzan, L., & Aini, C. (2022). The Influence Of Intellectual Capital And Company Size On Financial Performance (Study on Banking Subsector Companies Listed on the Indonesia Stock Exchange in 2017-2020). IEOM Society International, 6(4), 183–191.