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One principle of corporate governance is disclosure and transparancy. This principle stipulates that relevant and reliable disclosure is made on all material matters regarding the corporation. By applying this principle, information asymmetry can be reduced and thus negative consequences of adverse selection and moral hazard problems can be minimized. This paper assesses the extent of regulation on disclosure in Indonesia and reviews the evidence on the disclosure level among publicly listed companies in Indonesia. In ...
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Manajemen Usahawan Indonesia, XXXII (04) April 2003: 28-32, 2003
MUIN-XXXII-04-April2003-28
Artikel Jurnal Universitas Indonesia Library