Title:
Cybersecurity Disclosure: Analysis on Banking Companies Listed on the Indonesia Stock Exchange

Authors:
Erna Hidayah* Khansa Ananda, Indonesia

Abstract:

This study aims to analyze the determinants of cybersecurity disclosure in banking companies that go public on the Indonesia Stock Exchange in 2020-2024. The independent variables are company size, company value, gender diversity of the board of directors, financial expertise of the board of directors, and institutional ownership, while the dependent variable is cybersecurity disclosure. The number of observations was 232 banks out of 47 banks listed on the Indonesia Stock Exchange in 2020-2024. The data was analyzed using the EViews version 12 program. The results show that only the company size variable has a significant positive effect on cybersecurity disclosure. Meanwhile, company value, gender diversity of the board of directors, financial expertise of the board of directors, and institutional ownership have no effect. These findings suggest that larger companies tend to have greater capacity and drive to transparently disclose cybersecurity-related information.

DOI: https://doi.org/10.51505/IJEBMR.2025.91212