<![CDATA[This study aims to examine the effect of political connection and audit committee characteristics on anti-corruption disclosure among financial and manufacturing companies listed on the Indonesia Stock Exchange during the 2020–2024 period. This study employs a quantitative approach using secondary data obtained from annual reports and sustainability reports. The sample was selected using purposive sampling, resulting in 189 companies with an unbalanced panel dataset. Data analysis was conducted using panel data regression with the Random Effect Model (REM). The results indicate that political connection and audit committee expertise do not significantly affect anti-corruption disclosure. Meanwhile, audit committee size shows a marginal positive effect at the 10% significance level, while audit committee meeting frequency has a positive and significant effect on anti-corruption disclosure. These findings suggest that active monitoring mechanisms play a more important role in enhancing anti-corruption transparency than formal governance attributes alone. In addition, the results indicate that anti-corruption disclosure in politically connected firms may reflect legitimacy-driven disclosure practices rather than substantive governance transparency. This study contributes to the literature by integrating agency theory and legitimacy theory in explaining anti-corruption disclosure behavior, particularly through the role of politically affiliated independent commissioners within Indonesia’s two-tier governance system and the use of GRI 205-based anti-corruption disclosure measurement.]]>
