This study aims to empirically prove the effect of independent commissioners proportion, profitability, leverage and company size on intellectual capital disclosure. Sample in this study were determined using a purposive sampling method on food and beverage companies listed in the Indonesia Stock Exchange during 2015-2019 periods. The data analysis technique was using multiple linear regression analysis. The result of this study showed that both independent commissioners proportion and leverage have no effect on intellectual capital disclosure, while both profitability and company size have a positive effects on intellectual capital disclosure.