THE INFLUENCE OF COERCIVE PRESSURE ON ASEAN COMPANIES’ ANTI-CORRUPTION DISCLOSURE

Abstract

This research focused on the practice of corporate disclosure of anti-corruption activities. This research aims to find out the extent of the company's anti-corruption disclosure activities that presented in the annual report and also the sustainability report. The inconsistent results and limitations of previous research became the main trigger for this research. The sample of this research consists of 117 companies from 4 ASEAN countries namely Indonesia, Thailand, Myanmar, Philippines (ASEAN countries from the middle rank of Transparency International Corruption Perception Index 2016). This research used multiple regression analysis with SPSS 23.0 software to test the research hypothesis. The results of this research indicate that the majority of the 117 samples of the company disclose items of anti-corruption disclosure on the GRI-SO4 indicator. While the GRI-SO5 indicator becomes the rarest anti-corruption disclosure item disclosed by the sample company. The results of statistical analysis prove that dependence on government tender and foreign ownership had a positive and significant impact on anti-corruption disclosure. The coercive isomorphism dimension of institutional theory partially explains the variability relationship of the disclosure.