Lia Uzliawati


The purpose of this study is to examine the relationship between board of commissioner and intellectual capital
disclosure in Indonesia Banking Industry.The purpose of this study was to examine the relationship between
the board of commissioner and intellectual capital disclosure in Indonesia Banking Industry. The intellectual
capital disclosure measurement in this study used the index developed by Sveiby (1997).The data were collected
from 31 banks listed in Indonesia Stock Exchange period 2008-2012. The disclosure of intellectual
capital measurement in this study used the index developed by Sveiby (1997). The Data were collected from 31
banks listed in Indonesia Stock Exchange period 2008-2012. This study finds that size, independent commissioner,
and meeting frequency have positive relationship with intellectual capital disclosure. This study found
that the size, independent commissioner, and meeting frequency had a positive relationship with intellectual
capital disclosure. The finding of this research can be as a reference and portrait that board of commissioner
already aware the importance of ICD. The finding of this research could be as a reference and portrait that
board of commissioner was already aware of the importance of ICD.


board of commissioner, corporate governance, Intellectual Capital Disclosure, banking industry

Full Text:



Achmad, T. 2012. Dewan Komisaris dan Transparansi: Teori Keagenan atau Teori Stewardship? Jurnal Keuangan dan Perbankan, 16(1): 1-12.

Abeysekera, I. 2007. Intellectual Capital Reporting Differences between A Developed and Developing Nation. Journal of Intellectual Capital, 8(2): 329-345.

Abeysekera, I. 2008. Motivation behind Human Capital Disclosure in Annual Reports. Accounting Forum, 32 (1): 1-13.

Abeysekera, I. 2010. The Influence of Board Size on Intellectual Capital Disclosure by Kenyan Listed Firms. Journal of Intellectual Capital, 11(4): 504–518.

Abeysekera, I., & Guthrie, J. 2005. An Empirical Investigation of Annual Reporting Trends of Intellectual Capital in Srilanka. Critical Perspective on Accounting, 16: 151-163.

Allegrini & Greco, G. 2011. Corporate Boards, Audit Committees and Voluntary Disclosure: Evidence from Italian Listed Companies. Journal of Management and Governance, 15(3): 1–30.

Beasley & Mark, S. 1996. An Emperical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud. The Accounting Review,71(4): 443-465.

Bozzolan, S., Favotto, F., & Riccerri, F. 2003. Italian Annual Intellectual Capital Disclosure; An Empirical Analysis. Journal of Intellectual Capital, 4(4): 543-558.

Bukh, P.N., Nielsen, C., Gomsen, P., & Mouritsen, J. 2005. Disclosure of Information on Intellectual Capital in Danis IPO Prospectuses. Accounting, Auditing & Accountability Journal, 38(1): 33-53.

Carter, D.A., Simkins, B.J., & Simpson W.G. 2002. Corporate Governance, Board Diversity, and Firm Value. Oklahoma State University.

Cerbioni, F. & Parbonetti, A. 2007. Exploring The Effect of Corporate Governance on Intellectual Capital Disclosure: An Analysis of European Biotechnology Companies. European Accounting Review, 16(4): 791-826.

Cheng, E.C.M. & Courtenay, S.M. 2006.Board Composition, Regulatory Regime and Voluntary Disclosure.The International Journal of Accounting, 41: 262-289.

Chtourou, S.M., dan J. Bedard, 2001. Corporate Governance and Earnings Management.

Darmadi, S. 2013. Corporate Governance Disclosure in the Annual Report: An Exploratory Study on Indonesian Islamic Banks. Journal of Humanomics, 29(1): 4-23.

Edvinson, L., & Sullivan, P. 1996. Developing a Model for Managing Intellectual Capital. European Management Journal, 14(4): 356-364.

Eng, L.L. & Mak, Y.T. 2003. Corporate Governance and Voluntary Disclosure. Journal of Accounting and Public Policy, 22: 325-345.

Fama, E.F. & Jensen, M.C. 1983. Separation of Ownership and Control. Journal of Law and Economics, 80(2): 539-561.

Goh, P.C. & Lim, K.P. 2004. Disclosing Intellectual Capital in Company Annual Reports: Evidence from Malaysia. Journal of Intellectual Capital, 5(3): 500-510.

Guthrie, J. & Petty, R. 2000. Intellectual Capital: Australian Annual Reporting Practices. Journal of Intellectual Capital, 1(3): 241-251.

Guthrie, J., Petty, R., & Ricceri, F. 2006. The Voluntary Reporting of Intellectual Capital: Comparing Evidence from Hong Kong and Australia. Journal of Intellectual Capital, 7(2): 254-271.

Haji, A.A. & Ghazali, N.A.M. 2013. A Longitudinal Examination of Intellectual Capital Disclosures and Corporate Governance Attributes in Malaysia”. Emerald Group Publishing Limited.

Hidalgo, R.L., Meca, E.G., & Matinez, I. 2011. Corporate Governance and Intellectual Capital Disclosure. Journal of Business Ethics, 100: 483-495.

Jensen, M.C. & Meckling, W.H. 1976. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3: 303-360.

Kusumastuti, S., Supatmi, & Sastra, P. 2007. Pengaruh Board Diversity terhadap Nilai Perusahaan dalam Perspektif Coporate Governance. Jurnal Akuntansi dan Keuangan, 9(2): 88-98.

Li, J., Pike, R., & Haniffa, R. 2008. Intellectual Capital Disclosure and Corporate Governance Structure in UK firms. Accounting and Business Research, 38(2): 137-159.

Neysi, S.H., Mazraeh, S., & Mousavi, Z. 2012. The Importance of Intellectual Capital Disclosure. International Journal of Business and Social Science, 3(15): 307-310.

Nor, M.N.M., Shafie, R., & Wan-Husin, W.N. 2010. Corporate Governance and Audit Report Lag in Malaysia. Asian Academy of Management Journal of Accounting and Finance, 6(2): 57-84.

Purnomosidhi, B. 2006. Praktik Pengungkapan Modal Intelektual pada Perusahaan Publik di BEJ. Jurnal Riset Akuntansi Indonesia, 9(1): 1-20.

Rashid, K. & Islam, S.M.N. 2013. Corporate governance, complementarities and the value of a firm on an emerging market: The effect of market imperfection. Journal of Corporate Governance, 13(1): 70-87.

Rose, C. 2007. Does Female Board Representation Influence Firm Performance? The Danish Evidence”. Journal Compilation Publishing, 15(2): 404-413.

Rupert, B. 1988. The Measurement of Intellectual Capital. Management Accounting Journal. 76: 26-28.

Sabeni, A. 2005. Peran Akuntan dalam Menegakkan Prinsip Good Corporate Governance Pada Perusahaan di Indonesia (Tinjauan Perspektif Teori Keagenan). Pidato Pengukuhan Guru Besar Universitas Diponegoro. Semarang

Saleh, N. M., Rahman, M. R. C. A., & Hassan, M. S. 2007. Ownership Structure and Intellectual Capital Performance in Malaysia.Paper Presented at the 20th Asian-Pacific Conference on International Accounting Issues.

Sekaran, U. 2003. Research Methods for Business, A Skill Building Approach. 4th edition. John Wiley and Sons, Inc NY.

Suhardjanto, D. & Wardhani, M. 2010. Praktik Intellectual Capital Disclosure Perusahaan yang terdaftar di BEI. Jurnal Akuntansi dan Auditing Indonesia, 14(1): 71-85.

Surya, I. & Yustiavandana, I. 2006. Penerapan Good Corporate Governance: Mengesampingkan Hak-Hak Istimewa Demi Kelangsungan Usaha. Penerbit Kencana: Jakarta.

Sveiby, K.E. 1997. The New organization wealth: Managing and Measuring Knowledge-based Assets. San Fransisco, CA: Berret-Koehler Publishers.

Taliyang, S.M, & Jusop, M. 2011. Intellectual Capital Disclosure and Corporate Governance Sturcture: Evidence in Malaysia. International Journal of Business and Management, 6(2): 109-117.

Vafeas, N. 2009. Board Meeting Frequency and Firm Performance. Journal of Financial Economics, 53(1): 113-142.

Yammeesri, J. & Herath S.K. 2010. Board Characteristic and Corporate Value: Evidence from Thailand. Emerald Group Publishing Limited, 10(2).

Yi, A. & Davey, H. 2010. Intellectual Capital Disclosures in Chinese (Mainland) Companies. Journal of Intellectual Capital, 11(3): 326-347



  • There are currently no refbacks.

Jurnal Keuangan dan Perbankan (Journal of Finance and Banking)

Diploma Program of Banking and Finance, Faculty of Economics and Business, University of Merdeka Malang

Published by University of Merdeka Malang

Mailing Address:
2nd floor Finance and Banking Building, Jl. Terusan Raya Dieng No. 57 Malang, East Java, Indonesia
Phone: +62 813-3180-1534

This work is licensed under a Creative
Commons Attribution-ShareAlike 4.0