Doing Well by Blowing Right:  How Whistleblowing Practice Enhances Corporate Risk Disclosure

Dewi Mustika Ratu

doi:10.14710/jaa.22.2.222-232

DOI: https://doi.org/10.14710/jaa.22.2.222-232

Doing Well by Blowing Right: How Whistleblowing Practice Enhances Corporate Risk Disclosure

*Dewi Mustika Ratu - Department of Accounting, Faculty of Economics and Business, Universitas Diponegoro, Indonesia

Citation Format:

Abstract

Given the prevalence of corruption scandals in State-Owned Enterprises (SOEs), it is crucial to assess the effectiveness of whistleblowing systems in promoting transparency of risk management information. Therefore, this study investigates the relationship between whistleblowing practices and the level of corporate risk disclosure. Using archival methods, observations were conducted between 2016 and 2021 at SOEs listed on the Indonesia Stock Exchange (IDX). As expected, using stakeholder theory and the "doing well by doing good" perspective, effective whistleblowing provides information about current and potential risks that are not easily detected. Therefore, regulators and investors need to critically evaluate information in risk disclosures, by considering whistleblowing as a positive signal of reliable corporate governance.

Fulltext View|Download

Keywords: Whistleblowing; Risk Disclosure; SOEs; Corporate Transparency

Article Metrics:

Article Info

Section: Articles

Language : EN

In Volume 22, Nomor 2, Tahun 2025

Recent articles

Deferred Tax Expense and Tunneling Incentive Influence on Tax Avoidance via Transfer Pricing Doing Well by Blowing Right: How Whistleblowing Practice Enhances Corporate Risk Disclosure Corporate Governance Structure Impact on Bank Firm Value in Indonesia 2021-2024 More recent articles

Most cited articles

PENGARUH KARAKTERISTIK PERUSAHAAN TERHADAP LAMANYA WAKTU PENYELESAIAN AUDIT (AUDIT DELAY) PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PENGAWASAN UNTUK PEMBERANTASAN KORUPSI HUBUNGAN ANTARA BIAYA MODAL EKUITAS DENGAN TINGKAT PENGUNGKAPAN TANGGUNG JAWAB SOSIAL DAN MODAL INTELEKTUAL PADA SEKTOR PERBANKAN DI INDONESIA DAPATKAH TEORI FRAUD TRIANGLE MENJELASKAN KECURANGAN DALAM LAPORAN KEUANGAN? PENGARUH TIPE INDUSTRI, UKURAN PERUSAHAAN, PROFITABILITAS, TERHADAP CORPORATE SOCIAL RESPONSIBILITY More cited articles

Last update:

No citation recorded.

Last update: 2025-12-12 00:04:26

No citation recorded.

Authors who publish with this journal agree to the following terms:

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).