Exploring Corporate Governance Mechanism on Intellectual Capital Disclosure: An Analysis of Indonesian Corporate Governance Forum

Wisnu Mawardi, Harjum Muharam, Mulyo Haryanto

Abstract

The purpose of this study is to analyze the effect of good corporate governance mechanisms consisting of the number of boards of directors, the proportion of independent commissioners, and the concentration of ownership on intellectual capital disclosures. The sampling method used was the purposive sampling method. This population research using financial company data listed in the Indonesian Corporate Governance Forum (FCGI) during 2017–2019 for a case study with a total sample of 300. In this study, hypothesis testing was carried out using partial least squares structural equation modeling (PLS-SEM). This study uses data processing with the application program WarpPLS 6.0. The findings of this research number of board of directors and ownership concentration have had a positive influence. However, the proportion of Independent Commissioners is unable to influence intellectual capital disclosure.

 

Keywords: intellectual capital disclosure, corporate governance mechanism, corporate governance forum.


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