Human Resources Accounting Disclosure, ASEAN Corporate Governance Scorecard dan Kinerja Keuangan Perusahaan

Abstract

This study aims to examine the effect of the ASEAN Corporate Governance Scorecard and disclosure of human resource accounting on the company's financial performance. The ASEAN Capital Market Forum (2015) introduced the ASEAN Corporate Governance Scorecard as an assessment of corporate governance of all companies listed in the capital markets in ASEAN countries. Disclosure of human resource accounting is measured using an index developed by Mamun (2009) consisting of 16 items. Meanwhile, the company's financial performance is proxied by Return on Equity (ROE). The population used in this study is banking companies listed on the Indonesia Stock Exchange in the period 2015 - 2017. The population of this study amounted to 43 companies. The method used in the selection of samples is purposive sampling. Companies that meet the criteria as a research sample are as many as 20 companies, so the research data amounts to 60 observational data. Data analysis techniques used are multiple linear regression analysis. The results of the study concluded that the ASEAN Corporate Governance Scorecard had a positive effect on the company's financial performance, while the disclosure of accounting for human resources did not affect the company's financial performance.