The purpose of this study is to investigate the effect of ownership structure and audit committees size to the disclosure of executive management compensation in the Financial Statement. The research s samples are 125 manufacturing companies that listed in Indonesia Stock Exchange in 2012. The results of this research show that managerial ownership and audit committees size does not have a significant effect to the disclosure of executive management compensation in the Financial Statements. Besides that, institutional ownership has a negative significant effect to the disclosure of executive management compensation in the Financial Statements.