DETERMINANTS OF DISCLOSURE OF INTELLECTUAL CAPITAL

Abstract

This study aims to empirically examine the effect of company size, concentration of public ownership, size of the board of commissioners, number of board of commissioners, size of audit committee, and business complexity on intellectual capital disclosure. The population in this study is tourism sector companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. Determination of samples using the purposive sampling method so that 87 observables were obtained based on established criteria. The data analysis technique used in this study is panel data regression analysis. The results showed that company size and business complexity had a positive effect on intellectual capital disclosure, public ownership concentration had a negative effect on intellectual capital disclosure, while the size of the board of commissioners and the size of the audit committee had no effect on intellectual capital disclosure. These results prove that large and complex companies disclose more information about intellectual capital. The more shares a company has publicly owned, the less information about intellectual capital is disclosed. The number of members of the board of commissioners and audit committee does not directly affect the level of disclosure of intellectual capital information.