PERAN CORPORATE GOVERNANCE TERHADAP TINGKAT KEPATUHAN MANDATORY DISCLOSURE KONVERGENSI IFRS PADA BADAN USAHA MILIK NEGARA (BUMN) YANG TERDAFTAR DI BURSA

Abstract

  In Indonesia, the level of compliance with mandatory disclosure in the State-Owned Enterprises still low. The low level of compliance of mandatory disclosure convergence of IFRS would indicate a lack of application of the principles of corporate governance in State-Owned Enterprises  in Indonesia. Thus this study aims to examine how the role of corporate governance on the level of compliance with mandatory disclosure convergence of IFRS on State-Owned Enterprises in Indonesia. Measuring the level of convergence of IFRS mandatory disclosure compliance in this study using the Deloitte IFRS Presentation and Disclosure Checklist. By using purposive sampling technique, the sample used 6 that State-Owned Enterprises listed on the Indonesia Stock Exchange in 2008-2012. The average level of mandatory disclosure compliance at 70,6%. The results indicate that the number of commissioners and the number of audit committee members have effect on the level of compliance with mandatory disclosure of IFRS convergence, while the proportion of independent commissioner, education background of president commissioner and the proportion of women commissioners are not effect on the level of compliance with mandatory disclosure convergence of IFRS.

Key words: Corporate Governance, the Level of Compliance, Mandatory Disclosure, Convergence of International Reporting Standards, Board Commissioner, Audit Committee