Anti-Corruption Disclosure in Indonesia Context: Do Board Characteristics Matter?

Document Type : Research Paper

Authors

1 Department of Accounting, Faculty of Economics and Business, Universitas Teknokrat Indonesia, Lampung, Indonesia

2 Department of Accounting, Faculty of Economics and Business, Universitas Bengkulu, Bengkulu, Indonesia

10.22059/ijms.2025.374393.676639

Abstract

Corruption remains a significant challenge for many emerging economies, including Indonesia. To address this issue, companies are increasingly expected to disclose anti-corruption practices (ACD). This study enhances the existing body of knowledge on ACD and provides insights into the relationship between board characteristics and ACD in Indonesian companies. The objective of this research is to evaluate the extent to which Indonesian companies implement ACD. Furthermore, this research investigates the influence of board characteristics on the level of ACD in Indonesian companies. A 40-item checklist, adopted from Joseph et al. (2016), was used to assess the level of ACD. To collect this data, the annual and sustainability reports of 72 Indonesian companies from 2018 were examined. Moreover, multiple regression analysis was employed to explore the influence of board characteristics on ACD. The findings indicate that a significant proportion of the sample companies demonstrated a good level of ACD, with more than half of them achieving a score exceeding 50%. The multiple regression analysis revealed a significant relationship between the frequency of board meetings and the level of ACD.

Keywords

Main Subjects

References

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Interdisciplinary Journal of Management Studies
Volume 18, Issue 3
July 2025
Pages 489-506

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