PUBLIKASIINDONESIAPUBLIKASIINDONESIA

Jurnal Pendidikan IndonesiaJurnal Pendidikan Indonesia

In an increasingly complex global business environment, effective corporate governance is one of the main pillars to maintain economic stability and encourage sustainable growth in the financial sector. This study aims to analyze the Effect of Share Ownership Concentration, Audit Committee Meeting Frequency, Type of External Auditor, and Risk Monitoring Committee Size on Operational Risk Disclosure in Non-Bank Financial Services Institutions (LJKNB) for the 2019–2023 Period. The content analysis method was used to collect operational risk disclosure data from the annual reports of 42 LJKNB listed on the IDX during the period 2019 to 2023. Using GLS regression analysis, this study shows the influence of governance on the disclosure of operational risks quantitatively and qualitatively. The results show that the concentration of share ownership, the number of audit committee meetings, and the external auditors of the Big 4 have a significant positive effect on the disclosure of quantitative operational risks, while the number of risk monitoring committees has a significant negative effect. The four governance variables did not have a significant effect on the qualitative disclosure of operational risks.

This research concludes that the concentration of share ownership, the frequency of audit committee meetings, and the type of external auditors of the Big 4 have a significant positive influence on the quantitative disclosure of operational risks in Non-Bank Financial Services Institutions (LJKNB) during the 2019–2023 period.In contrast, the size of the risk monitoring committee showed a significant negative influence.However, the four governance variables did not have a significant effect on the qualitative disclosure of operational risks.These findings emphasize the importance of strengthening corporate governance to increase operational risk transparency in the LJKNB sector.

Berdasarkan temuan penelitian ini, beberapa saran penelitian lanjutan dapat diajukan. Pertama, penelitian lebih lanjut dapat dilakukan untuk menginvestigasi faktor-faktor non-kuantitatif yang memengaruhi pengungkapan risiko operasional secara kualitatif, seperti budaya organisasi dan persepsi manajemen mengenai pentingnya pengungkapan risiko. Kedua, studi komparatif dapat dilakukan dengan membandingkan praktik pengungkapan risiko operasional antara LJKNB di Indonesia dengan negara-negara lain, untuk mengidentifikasi praktik terbaik dan potensi perbaikan. Ketiga, penelitian dapat difokuskan pada pengaruh karakteristik spesifik LJKNB, seperti jenis layanan keuangan yang ditawarkan (asuransi, pembiayaan, dana pensiun), terhadap strategi pengungkapan risiko operasional mereka. Penelitian ini dapat membantu regulator dan pelaku industri dalam merumuskan kebijakan dan praktik yang lebih efektif untuk meningkatkan transparansi dan akuntabilitas dalam sektor LJKNB, serta memperkuat stabilitas sistem keuangan secara keseluruhan.

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