TY  - JOUR
T1  - The Impact of Ownership Structure on Intellectual Capital Disclosure
AU - Mukti, Aloysius Harry AU - , Istianingsih 
JO  - International Business Management
VL  - 12
IS  - 3
SP  - 337
EP  - 345
PY  - 2018
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2018.337.345
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2018.337.345
KW  - Intellectual capital
KW  -disclosure
KW  -ownership structure
KW  -family ownerships
KW  -determinants
KW  -asymmetry
AB  - Intellectual capital disclosure is an important topic to study because it can reduce the information
asymmetry between company and stakeholders. This study aims to examine the determinants of intellectual
capital disclosure of public companies in Indonesia. The examined factors were family ownership, state
ownership and institutional ownership. A total of 1,400 annual reports of all public company in Indonesia Stock
Exchange from 2004-2008 were examined. Hypothesis testing was performed using multiple linear regression
analysis. The results showed that family ownership did not affect intellectual capital disclosure. Meanwhile,
institutional ownership in the form of banks and financial institutions had positive effect on the company’s
intellectual capital disclosure. Higher public demands on companies with broad ownership of SOEs led to more
intellectual capital disclosure. This study provides information on the determinants of intellectual capital
disclosure based on the ownership structure of companies in Indonesia, so, it is expected that management can
implement disclosure policies required by investors in order to reduce information asymmetry.
ER  -