Title: Disruptive innovations disclosure in the international business system groups

Authors: Indrian Supheni; Nung Harjanto; Djoko Suhardjanto; Rahmawati; Agung Nur Probohudono; Yavida Nurim; Nur Rizki Wijaya

Addresses: Department of Accounting, Sekolah Tinggi Ilmu Ekonomi Nganjuk, Jl. AR. Saleh No. 21 Nganjuk, 64411, Indonesia ' Department of Public Sector Accounting, Politeknik YKPN, Jl. Gagak Rimang No. 2, Balapan, Gondokusuman, Yogyakarta, 55222, Indonesia ' Faculty of Economics and Business, Universitas Sebelas Maret, Jalan Ir. Sutami 36 A, Surakarta, Jawa Tengah, 57126, Indonesia ' Faculty of Economics and Business, Universitas Sebelas Maret, Jalan Ir. Sutami 36 A, Surakarta, Jawa Tengah, 57126, Indonesia ' Faculty of Economics and Business, Universitas Sebelas Maret, Jalan Ir. Sutami 36 A, Surakarta, Jawa Tengah, 57126, Indonesia ' Faculty of Economics and Business, Universitas Janabadra, Jl. Tentara Rakyat Mataram No. 55, Yogyakarta, 55231, Indonesia ' Faculty of Economics and Business, Universitas Sebelas Maret, Jalan Ir. Sutami 36 A, Surakarta, Jawa Tengah, 57126, Indonesia

Abstract: This research aims to gain a more comprehensive insight into the urgency of disruptive innovation disclosure (DID) on companies in the different international business system groups and the factors that influence it. The sample of this study includes 210 companies from 2015 to 2019 and is subject to prove that the information presented by the company in the DID every year is different and is expected to grow further. This research result shows that the company's information in the DID from 2015 to 2019 always increased positively. It means that by DID, companies are more transparent in providing information to stakeholders. Using a regression test, the research also reveals that social media influences the DID level. It addresses to gives a comprehensive insight into the role of additional voluntary reports in increasing the credibility of disclosed information consideration in decision-making.

Keywords: disruptive innovations disclosure; social media; emerging market; communitarian; Anglo-Saxon.

DOI: 10.1504/IJMEF.2025.148082

International Journal of Monetary Economics and Finance, 2025 Vol.18 No.2/3, pp.136 - 146

Received: 17 Aug 2023
Accepted: 04 May 2024
Published online: 25 Aug 2025 *

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