The Accuracy of Earning Forecast Analysis, Information Asymmetry and Integrated Reporting – Case of Indonesia

Abstract

The purpose of this study is to examine factors that affect companies presents the elements of integrated reporting in their annual reports and how its effect on the accuracy of earnings forecast analysis and information asymmetry. The independent variables tested were institutional ownership, company size, profitability, international activities, and industry type and growth opportunity. The study population is non-financial companies listed on the Indonesia Stock Exchange in 2015. The samples were taken by using purposive sampling i.e. with some specific criteria. The data was analysed by using multiple regression analysis to examine the factors affecting the company presents the elements of integrated reporting in the annual report, and a simple regression to see how the presentation of the elements of integrated reporting affect the asymmetry of information and the accuracy of earnings forecast analysis. This study found that only the size of the companies determines the presentation of the elements ofintegrated reporting in the annual report. In addition, this study does not confirm the effect of the presentation of the elements of integrated reporting on the information asymmetry and the earnings forecast analysis accuracy.

Does IFRS and GRI adoption impact the understandability of corporate reports by Chinese listed companies?

“…As indicated by FRC (2015a), the increasing length of corporate reports seems to be largely driven by new reporting standards and guidelines. The quantity of information required can cause disclosure overload for reporting users (Clements-Hunt and Lehrman, 2012) and hence negatively affect conciseness (Indrawati, 2017). Therefore, IFRS and GRI should consider incorporating conciseness and aim to minimise unnecessary information provided to reporting users (Cheung and Lau, 2016).…”

Peran Direksi Wanita dalam Memoderasi Performa Perusahaan Terhadap Pengungkapan Sukarela Integrated Reporting

“…Penelitian mengenai integrated reporting menjadi topik yang menarik karena integrated reporting merupakan perkembangan baru dalam dunia pelaporan (Islam, 2020). Jika perusahaan menerbitkan integrated reporting, maka perusahaan dianggap sebagai perusahaan yang transparan dan akuntabilitas (Indrawati, 2017). Maka, perlu diteliti lebih dalam mengenai faktor yang mempengaruhi pengungkapan kualitas integrated reporting secara sukarela.…”

“…Informasi asimetris membuat perusahaan kesulitan dalam memperoleh pendanaan eksternal dan stakeholder tidak mempercayai informasi yang diberikan oleh perusahaan (Girella et al, 2019). Maka, perusahaan dengan pengungkapan integrated reporting yang rendah dianggap menyajikan informasi yang asimetris bagi stakeholder (Indrawati, 2017). Di saat yang bersamaan, para stakeholder membutuhkan adanya laporan perusahaan yang transparan dan dapat diandalkan.…”

Lebih Penting Mana Sustainability Report Atau Laba Bagi Perusahaan Perkebunan?

“…Sejak tahun 2004 sustainability report memang telah berkembang di Indonesia, tapi tahun 2012 baru diwajibkan untuk perusahaan yang sudah go public. Belum ada sanksi yang diberikan jika ada perusahaan yang belum membuat sustainability report ini (Dosinta, Brata, & Heniwati, 2018;Indrawati, Darlis, & Azhar, 2017). Hal itu menyebabkan sustainability report yang dibuat oleh perusahaan-perusahaan perkebunan khususnya yang terdaftar di BEI tidak bisa dikatakan sudah optimal.…”