Factors affecting the intellectual capital disclosure index: Evidence from Indonesian listed companies

Abstract

The financial statements have not been able to present the existence of intellectual capital in an enterprise. In accordance with the Signalling theory, the company's Board of Directors try to present a positive signal to stakeholders by presenting the existence of intellectual capital through the annual reports. In fact, the disclosure of the existence of the intellectual capital as measured by the Intellectual Capital Disclosure Index turns out different This includes insurance companies which in its operational often use intellectual capital. The research objectives are to find the determinant of the disclosure of intellectual capital on the insurance companies listed in the Indonesia Stock Exchange (IDX) using the method of the multiple linear regression testing. The test results showed simultaneously the size of corporations, the age company, return on equity, a measure of the frequency of meetings of Commissioners and how the Commissioners’ influence has a significant effect against the disclosure of intellectual capital. The implication is to open ways for academics to conduct the next research on intellectual capital in insurance companies and add new horizons of research on insurance in Indonesia which are still scarce.