Risk Management Disclosure Research Articles

Pengaruh Solvabilitas, Profitabilitas, Kepemilikan Institusional, Dewan Komisaris Independen, dan Kepemilikan Publik terhadap Pengungkapan Manajemen Risiko: Studi pada Perusahaan Sub-sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

The object of this research is a banking sub-sector company listed on the Indonesia Stock Exchange for the period 2018-2022. This study aims to determine the effect of leevrage, profitability, institutional ownership, independent board of commissioners, and public ownership as independent variables and risk management disclosure as the dependent variable. This study used 35 companies, so there were a total of 175 samples used. The study used purposive sampling as a sample selection method used for the selection of certain criteria. This study applied descriptive statistical analysis method and panel data regression analysis. The results of this study show that all variables simultaneously influence risk management disclosure. Meanwhile, leverage, profitability, and independent board of commissioners each have no effect. Meanwhile, institutional ownership and public ownership positively affect risk management disclosure.

The Influence of Intellectual Capital, Audit Fee, and Ownership Concentration on Enterprise Risk Management Disclosure

This study explores the influence of financial literacy, attitudes towards money, and financial pressures on the financial well-being of non-profit workers in Indonesia, an issue that is relevant given the high social activity but lack of attention to workers' financial well-being, especially with the majority being low-income. Using the purposive sampling method on 108 respondents from various regions in Indonesia, the study revealed that financial literacy had a significant positive influence on financial well-being, while attitudes towards money had no significant effect. Conversely, financial stress had a significant negative influence on the financial well-being of non-profit workers. These findings underline the need for enhancing financial literacy and addressing financial pressures to improve workers' financial well-being. The study contributes both theoretically and practically by offering insights into the financial behavior of non-profit workers and highlighting the importance of targeted financial education programs for this sector.

Determinants of Risk Management Disclosure Study of Banking Sub-Sector Companies Listed on the Indonesia Stock Exchange

This research aims to analyze how risk management disclosure is seen from the implementation of corporate governance (institutional ownership, audit committee, independent commissioner) and company size, which is the main issue of this article, which business actors hope can mitigate business risks. The population of this research is banking industry companies listed on the Indonesia Stock Exchange for the 2018-2020 period. The research sampling technique that the researcher used was purposive sampling. The analysis technique that researchers use is multiple regression analysis and descriptive statistics. The data analysis that researchers used was with the help of the SPSS version 26 application. The results of this research simultaneously show that company size, audit committee, independent commissioner and institutional ownership jointly influence risk management disclosure. Partially, company size has an effect and is not significant on risk management disclosure, the audit committee has a significant effect on risk management disclosure. independent commissioners have an inversely proportional effect on risk management disclosures, there is an influence of institutional ownership which is not significant and inversely proportional to risk management disclosures

The Effect of Company Risk Management Disclosure, Intellectual Capital on Company Value And Company Size as Moderating Variables

The Effect of Company Risk Management Disclosure, Intellectual Capital on Company Value And Company Size as Moderating Variables

The Influence of Profitability, Leverage, Company Size, Ownership Structure and Board of Commissioners on Risk Management Disclosure

The Influence of Profitability, Leverage, Company Size, Ownership Structure and Board of Commissioners on Risk Management Disclosure

The Influence of Company Size on Risk Management Disclosure With Good Corporate Governance as a Moderation Variable in the Company Listed Property and Real Estate on the Indonesian Stock Exchange (IDX)

The purpose of this study is to examine how firm size affects risk management disclosure in property and real estate companies listed on the Indonesia Stock Exchange, using Good Corporate Governance (GCG) as a moderating factor. In this study, company size is the independent variable, risk management disclosure is the dependent variable, and GCG serves as a moderating variable. Associative, quantitative research methodology is employed, and linear analysis techniques are applied for analysis. Using a purposive sample approach, the study's population consists of property and real estate companies listed between 2018-2021 on the Indonesia Stock Exchange. The study's findings indicate that risk management disclosure is significantly impacted by a company's size. Nevertheless, in the context of property and real estate businesses listed on the Indonesia Stock Exchange for the examined period, GCG was not demonstrated to be able to control the relationship between company size and risk management disclosure

Developing Enterprise Risk Management Disclosure Index using Factor Analysis

This study aims to explore the Enterprise Risk Management (ERM) disclosure by publicly listed firms in Malaysia. This study analyses a sample of 832 non-financial publicly listed firms in Malaysia between 2016-2019. This study used a more comprehensive index by embedding COSO-integrated ERM framework 2017 and ISO 31000. The data is analyzed using factor analysis to develop the ERM disclosure index. The results show that ERM disclosure consists of 4 main components: governance and culture, performance, objective setting, and reporting approach. Meanwhile, the level of ERM disclosure is still at a moderate level.

The Role of Corporate Governance in Enterprise Risk Management (ERM) Disclosure

The purpose of this study is to determine the effect of the existence of the risk management committee, the reputation of the auditor, and the size of the board of commissioners on the disclosure of enterprise risk management (ERM). The existence of the risk management committee is measured by a dummy variable proxy, Which is used to gauge auditor reputation, and the total number of commissioners on the board is used to gauge the board's size. The measurement of ERM disclosure as a dependent variable is measured by disclosure items based on the ERM Framework issued by COSO (2004). Using the purposive sample approach, this study examined a subset of businesses that were listed in the LQ45 Index from 2012 to 2014. The data used is obtained from the annual report listed on the Indonesia Stock Exchange. There were 15 companies during 2012-2014 that met the criteria. The analysis method used is multiple linear regression analysis. The results showed that the existence of the risk management committee and the reputation of the auditor had a significant effect on the disclosure of enterprise risk management, while the size of the board of commissioners did not have a significant effect on the disclosure of enterprise risk management.

Unlocking Firm Value Indonesia's Intellectual Capital Triumphs, Risk Management Falters

This study examines the impact of Intellectual Capital Disclosure (ICD) and Enterprise Risk Management Disclosure (ERMD) on the value of mining companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2021, with financial performance as an intervening variable. Using purposive sampling, data from 12 companies were analyzed with SPSS 26. The results show that ICD positively affects both firm value and financial performance, while ERMD negatively impacts both. Financial performance enhances firm value but does not mediate the ICD-firm value relationship; it does mediate the ERMD-firm value relationship. These findings highlight the importance of ICD for improving firm performance and value, suggesting areas for future research to extend the study period and include more variables. Highlight: ICD Impact: ICD significantly boosts firm value and financial performance. ERMD Effect: ERMD negatively influences firm value and financial performance. Financial Mediation: Financial performance mediates ERMD-firm value but not ICD-firm value. Keywoard: Intellectual Capital Disclosure, Enterprise Risk Management, Financial Performance, Firm Value, Mining Companies

Corporate Attributes and Risk Management Disclosure of Listed Insurance Companies in Nigeria

Disclosure of risk management practices by firms enhances transparency, thus giving shareholders’ more confidence and lowering their uncertainty about future cash flows. This study therefore examined the effects of corporate attributes on risk management disclosures of listed insurance firms in Nigeria from 2013 to 2022. Firm size, firm profitability and firm leverage were the measures of corporate attributes employed in this study while risk management disclosure was the dependent variable. The research design adopted for this study was ex post facto and twenty-three listed insurance firms constituted the population of the study. Purposive sampling technique was employed to select eight listed insurance firms and secondary used were analysed using marginal logistic regression. The statistical package employed was STATA 16. From the analysis, it was found out that firm size, firm profitability and firm leverage have significant effect on risk management disclosure of listed insurance firms in Nigeria. Thus, it was concluded that some firm specific attributes can enhance risk management disclosures of listed insurance firms in Nigeria. Based on these findings, the study recommended that the management of insurance firms in Nigeria should strive to increase their level of profitability as more profitable firms have the incentives to engage in risk management and disclosure practices.

Effects of Profitability Leverage & Liquidity on Risk Management Disclosure

This study aims to analyze the effect of Profitability, Leverage, and liquidity on Risk Management Disclosure with the object of research, namely property and real estate companies listed on the Indonesia Stock Exchange for the 2019-2022 period. This primary research uses secondary data in the form of annual financial statements. The population in this study is 73 property and real estate companies listed on the IDX for the 2019-2022 period. Sampling in this study used purposive sampling and obtained research samples of 9 companies with a research period of 4 years of observation into 36 samples. The data analysis technique in this study uses IBM SPSS 26 with statistical analysis of the Classical Assumption Test, Multiple Linear Regression Test, and Coefficient of Determination. The results of this study show that Profitability does not affect risk management disclosure, while leverage and liquidity affect risk management disclosure.

Risk management disclosures and banks financial performance: evidence from emerging markets

Risk management disclosures and banks financial performance: evidence from emerging markets

Concentrated Ownership and Firm Value: The Mediation Role Of Risk Management Disclosure

Penelitian ini bertujuan untuk menguji mediasi pengungkapan manajemen risiko dalam hubungan konsentrasi kepemilikan terhadap nilai perusahaan. Jenis penelitian ini adalah penelitian kuantitatif yang menggunakan pendekatan explanatory. Sampel dalam penelitian ini adalah 121 perusahaan di bidang perbankan. Teknik analisis data yang digunakan dalam penelitian ini adalah analisis jalur (path analysis). Hasil penelitian menunjukkan bahwa konsentrasi kepemilikan dan pengungkapan manajemen risiko berpengaruh positif terhadap nilai perusahaan, konsentrasi kepemilikan berpengaruh positif terhadap pengungkapan manajemen risiko dan pengungkapan manajemen risiko memediasi pengaruh konsentrasi kepemilikan terhadap nilai perusahaan.

PENGARUH PENGUNGKAPAN ENTERPRISE RISK MANAGEMENT DAN KUALITAS LAPORAN KEUANGAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN PENERIMA CORPORATE IMAGE AWARD

This study aims to determine the effect of enterprise risk management disclosure on the quality of financial reports in companies receiving corporate image awards. This research was conducted on companies receiving the Corporate Image Award in the categories of national airlines, car tires, two-wheeled automotive, four-wheeled automotive, coal mining, oil & gas mining, and cement for the 2015-2019 period. This study uses purposive sampling technique and secondary analysis using quantitative methods. This observation uses the random effect method and multiple linear regression analysis which is used to test the hypothesis. The results of this study indicate that the disclosure of enterprise risk management has a negative effect on the quality of financial statements, and firm size can strengthen the effect of using enterprise risk management disclosures on the quality of financial statements.

The Effect of Enterprise Risk Management (ERM) Disclosure on Firm Value Mediated by Profitability: Empirical Study on Banks Listed on the IDX 2018-2020

One important aspect of company value is ERM (Enterprise Risk Management). ERM can manage risks well so that company goals can be achieved. This study aims to see the effect of ERM disclosure on profitability, and the value of a company, as well as profitability on firm value. This study uses quantitative data with the panel data regression analysis method. Secondary data in the study comes from <em>audited annual financial reports of </em>financial companies in the form of banks, which have been <em>listed </em>on the IDX from 2018 to 2020, and can be downloaded from the bank's website. The data used is in 2018-2020 in annual form. The analysis technique in testing and proving the hypothesis used in the study is panel data regression analysis. The data is processed using the Eviews 12 application<em>. </em>The results showed that the variation in the following year's Company Value (Q Ratio<sub>t+1</sub>) can be explained by variations in the independent variables in the model, namely ERM Disclosure, ROA, Company Size, LDR, and Dividends the following year and the independent variables ERM Disclosure, ROA, Company Size, LDR, and Dividends the following year, together (simultaneously) affect the dependent variable Company Value the following year (Q Ratio<sub>t+1</sub>).

Corporate Risk Management Disclosures and Financial Performance of Listed Deposit Money Banks in Nigeria

The relationship between corporate risk management disclosures and the financial performance of Nigerian listed deposit money banks was empirically examined in this study. The study is important because it shows how much corporate risk management disclosures affect the performance of banks. Corporate risk management disclosures (CRMDs) and financial performance were found to be correlated through the use of CRMD key proxy variables in the study. These variables included Financial Risk Management Disclosure (FRMD), Strategic Risk Management Disclosure (SRMD), Operational Risk Management Disclosure (ORMD), and Technological Risk Management Disclosure (TRMD). Return on equity (ROE) was used as a proxy for financial performance. The study was guided by four hypotheses, and the panel least squares regression model was utilized to perform a statistical test of the parameter estimates. Ex Post Facto design was employed in the study's analysis. The Nigerian Exchange Group (NGX) Factbook, published annual financial reports, and accounts of listed deposit money banks in Nigeria from 2015 to 2022 provided the secondary data for the study. Overall, the results showed a positive and significant relationship between the financial performance of listed deposit money banks and the Financial Risk Management Disclosure (FRMD), Strategic Risk Management Disclosure (SRMD), Operational Risk Management Disclosure (ORMD), and Technological Risk Management Disclosure (TRMD) have a positive and significant relationship with the financial performance of Nigerian listed deposit money bank sat 1–5% significant level of. The study comes to the conclusion that corporate risk management disclosures protect Nigerian banks' bottom lines. Since corporate risk management affects banks' performance in Nigeria, the study recommended that banks reveal more information about financial risk management, strategic risk management, operational risk management, and technological risk management in their annual reports for the consumption of financial statement users.

PENGARUH STRUKTUR KEPEMILIKAN DAN GOOD CORPORATE GOVERNANCE TERHADAP PENGUNGKAPAN MANAJEMEN RISIKO

This study aims to determine the effect of the variables of management ownership, foreign ownership, public ownership, independent commissioners, audit committees, and risk management committees on risk management disclosures. The population in this study is all manufacturing companies listed in the IDX period 2016-2021. The selection of sample in this study used the purposive sampling method. The samples selected in this study are 71 companies based on predetermined criteria. The results showed that the risk management committee had a positive and significant effect on risk management disclosure. Meanwhile, management ownership, foreign ownership, public ownership, independent commissioners and audit committees have no significant effect on risk management disclosure

Corporate Social Responsibility, Enterprise Risk Management, Nilai Perusahaan, dan Kinerja Keuangan sebagai Pemoderasi

Globalization causes competition between companies to become tighter so that companies compete so that their existence remains well recognized by the market. High company value can improve welfare and become a consideration for shareholders. This research aims to prove the effect of disclosure of corporate social responsibility and enterprise risk management on company value with financial performance as a moderator. The research population is Investor Index 33 issuers on the Indonesia Stock Exchange for the period 2018-2020. The sample was selected using a purposive sampling method, a sample of 22 issuers was obtained, with 66 data observations over three years. Six outlier data were excluded, so only 60 data were used. The data analysis technique is Moderated Regression Analysis (MRA). The results of the analysis show that corporate social responsibility disclosure has a negative influence on company value, enterprise risk management has a positive effect on company value, and financial performance weakens the influence of corporate social responsibility disclosure and enterprise risk management on company value.
 Keywords: Corporate Social Responsibility; Enterprise Risk Management; Financial Performance; Company Value.

Cyber Risk Management Disclosure of State-Owned Enterprises

Purpose:The purpose of this research is to compile a cyber risk management disclosure index of State-Owned Enterprises (SOEs). This index is used to provide an overview of the disclosures that are expected by the stakeholders which are disclosed in the annual report of SOEs. Disclosure of cyber risk management is important for a business entity to show that the entity has readiness in facing digital technology which is one of the keys to the company's success.Method:The research method used is mixed method. The type of data is primary data sourced from Forum Group Discussion (FGD) inviting SOE Directors, audit committees, investors, risk management practitioners, and academics on how important the cyber risk management disclosure items formulated earlier are. Thirty corporate and SOE practitioners have been interviewed and internal auditor practitioners in SOEs have been sources of validity. The steps in compiling the index are first collecting cyber risk management disclosure items from the previous research and looking at ISO 31000 provisions regarding risk management.Findings: The result of this study is the composition of the cyber risk management disclosure index as many as 18 (eighteen) items with weighting on each disclosure item.Novelty:The novelty of this study is the formulation of a cyber risk management measurement index which is very important in relation to risk management in a company. This research is important to be carried out as a formulation of indicators for cyber risk management management carried out by the company. Researchers anticipate that this cyber risk management disclosure index will help the government create disclosure items for cyber risk management and serve as a norm for disclosing SOE cyber risk management in its annual report.

FINANCIAL DISTRESS: CONSUMER CYCLICALS SECTOR COMPANIES LISTED IN THE INDONESIA STOCK EXCHANGE

This research aimed to prove empirically the effect of risk management disclosure and debt policy on financial distress. The data used in this research was secondary data obtained from company annual reports. The technique of the sample selection used was purposive sampling method resulting a total of 61 sample data on consumer cyclicals sector companies listed in the Indonesia Stock Exchange (IDX) for the period 2019-2021. The method used was logistic regression with SPSS version 25 as the data analysis tool. The results of this research proved that the debt policy variable has a significant positive effect on financial distress, while the risk management disclosure variable has no effect on financial distress.