PELAPORAN TERINTEGRASI OLEH BADAN USAHA MILIK NEGARA DI INDONESIA BERDASARKAN ANALISIS LONGITUDINAL

Abstract

Penelitian ini bertujuan menganalisis faktor-faktor yang memengaruhi tingkat pengungkapan pelaporan terintegrasi (Integrated Reporting Disclosure/IRD) pada Badan Usaha Milik Negara (BUMN) di Indonesia menggunakan analisis longitudinal periode 2020–2024. Mengacu pada teori legitimasi dan teori pemangku kepentingan, penelitian ini menilai pengaruh profitabilitas, leverage, jaminan pihak ketiga, serta perlindungan investor terhadap IRD dengan mempertimbangkan ukuran perusahaan dan adopsi pedoman GRI sebagai variabel kontrol. Sampel terdiri dari BUMN yang konsisten menerbitkan laporan terintegrasi, dengan penilaian tingkat pengungkapan dilakukan melalui analisis konten, dan pengujian hipotesis menggunakan regresi data panel. Hasil penelitian menunjukkan bahwa jaminan pihak ketiga dan perlindungan investor berpengaruh positif dan signifikan terhadap IRD, sedangkan profitabilitas dan leverage tidak berpengaruh signifikan. Selain itu, adopsi GRI meningkatkan tingkat pengungkapan, sedangkan ukuran perusahaan berpengaruh negatif terhadap IRD. Temuan ini menegaskan pentingnya legitimasi publik, transparansi, serta akuntabilitas dalam praktik pelaporan terintegrasi BUMN di Indonesia.

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