THE ATTRIBUTIONS TOWARD VOLUNTARY DISCLOSURE: A LITERATURE REVIEW

Abstract

This paper provides insight knowledge of the literature studies on attributions and voluntary disclosure in general. Based on 62 articles since 2000 to 2019, the paper aims to highlighted the importance of the voluntary disclosure studies especially among the researchers, academician and practitioners. Findings from literature review shows that seven main independent variables become focal point of this paper. Each of the independent variables then narrow into sub-categories using content analysis (items). Most of the prior literature focus on the directorship, ownership/shareholding and profitability that mainly influence toward voluntary disclosure. However, this paper also shows that directorship and ownership/shareholding also contributed toward insignificant result. Based on the empirical evidence, most of the listed companies willing to disclose additional information to enhance a good governance through transparency, accountability and fairness. Of great concern, this paper aim to encourage policy makers and the regulatory bodies to seek voluntary disclosure as a good practice among listed companies