Category

The variable name

Variable code

Variable description

Dependent variable

Voluntary disclosure index

VDI

Evaluate the level of voluntary disclosure of travel listed companies

Independent variables

Return on Equity

ROE

ROE = net profit *2/(initial shareholder equity + final shareholder’s equity) ×100%

Turnover of Total Assets

Totassrat

Totassrat = (operating income/average assets) *100%

Debt to Asset Ratio

Dbastrt

Dbastrt = (total liabilities/assets) × 100%

Operating Income Growth Rate

Opeincmgrrt

Opeincmgrrt = (current operating income/operating income from the same period last year) *100%