ANALISIS PENGUNGKAPAN LAPORAN KEUANGAN PERUSAHAAN PEMBIAYAAN

Abstract

The aims o f the research is to provide empirical evidence about financial statement disclosures o f multifinance companies and the factors that determines the disclosure level. The multifinance companies are unique industries because there have various product o f financing like leasing, installment sales and borrowing. fh e research examines disclosure level o f multifinance company that listed in the database Directorate General Financial Institutions, Ministry o f Finance. We use financial statement in 2003 and 2004. The research use the regulation o f Directorate General Financial Institution number 1500/2005, financial accounting standard fo r leasing and factoring as a disclosure guideline, because there is no specific standard or Bapepam disclosure guideline for multifinance industry. The results indicate that disclosure level o f multifinance company is 78,35% in 2004. There is increasing about 1.21% compare to the disclosure level in 2003. There is significant differentiation o f disclosure level between status o f company and size o f firm but no significant differentiation between size o f auditor. The result using linear regression show that disclosure level is influenced by profitability, company status, size o f the firm and size o f auditor. Key