Pengaruh Ukuran Perusahaan, Leverage, dan Profitabilitas Pada CSR Disclosure

Abstract

This study aims to determine the effect of company size, leverage, and profitability on CSR disclosure. The theory used in this study is stakeholder theory and legitimacy theory. The research sample was 29 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2015-2017 with a purposive sampling method. The analysis technique used is the Analysis of Multiple Linear Regression. The results showed that (1) the size of the company has a positive effect on CSR disclosure which shows that the greater the size of the company, the CSR disclosure policy will be more widespread. (2) leverage does not affect CSR disclosure which shows that a company's leverage ratio does not affect disclosure CSR, (3) Profitability shows that the greater the company's profitability, the company is obliged to disclose CSRKeywords: CSR, company size, leverage, profitability

Factors Influencing Environmental Disclosure in Consumer Goods Industry and Mining Companies

“…And for the sample is used the annual and/or sustainability reports of consumer goods industry, which are listed in IDX and also registered in PROPER from 2017 until 2018. The sampling technique is used purposive sampling, with some criteria: Scale 1 = Very bad = black Scale 2 = Bad = red Scale 3 = Good = blue Scale 4 = very good = green Scale 5 = Excellent = gold Firm size Independent Firm size is about the organizations' total assets and total sales that can determine whether the organization is small or big (Dewi & Yasa, 2017) Measured using logarithm of total asset (Aulia & Agustina ,2015;Embuningtyas, 2018;Nugraha & Juliarto, 2015;and Wang, Song, Yao, 2013) 3, from 56 of the consumer goods industry and mining companies had a standard deviation of 16.51% (rounded from 16.509%) on environmental disclosure from 2017 until 2018. By using GRI -G4 measurement, the average number is 23% or about 7 until 8 items that are averagely implied by the companies.…”

“…Researches by Dewi & Yasa (2017), Choiriah, Yanto, & Ilhami's (2018), Ezhilarasi & Kabra (2017), Jannah & Muid (2014), Dibia & Onwuchekwa (2015), Burgwal & Vieira (2014), Wang, Song, & Yao (2013), Wijaya (2012) found that firm size significantly influence environmental disclosure. However, this argue against Fatayaningrum (2011) which found that there is insignificant influence on frim size to environmental disclosure, but she found that there is significant influence of profitability to environmental disclosure.…”

“…Investors and societies are usually not attracted to the companies which harm the environment. Therefore, a company's environmental information disclosure is needed, because it shows how the company settles and deals with the environments' issues (Dewi & Yasa, 2017). According to Burgwal & Vieira (2014), environmental disclosure is necessary to be exposed because societies can know more about company's responsibility toward the environment.…”

The Effect of Earnings Management, Managerial Ownership, and Firm Size on Environmental Disclosure with Environmental Performance as Moderating

“…The normality test which uses the Kolmogorov-Smirnov One-Sample shows a significance of 0.067 higher than the significance level of 0.05 so it can be understood that the residual data is normally distributed. The result of multicollinearity test reveals a VIF number lower than 10 The contribution of company in informing environmental activities carried out by the company (Fashikhah et al, 2018) (Number of items revealed by the company) (number of GRI environmental disclosure items) (Deswanto & Siregar, 2018) Earning management (DA) Earning management exists when managers distort stakeholders about the company's economic performance or to influence contract decisions that rely on financial statements (Healy & Wahlen, 1998) Discretionary Accrual (DA) by modified jones model (Sun et al, 2010) Managerial Ownership (MO) Executives or directors of companies that have stock ownership (Chang & Zhang, 2015) (Number of shares owned @by managers) x 100% (total shares) (Fashikhah et al, 2018) Firm size (FS) Big or small size of a company seen from total assets, total sales, average total sales, and average total assets (Dewi & Yasa, 2017)…”

“…Research by Diantimala & Amril (2018) said that the environmental disclosure of companies participating in PROPER in Indonesia only held an average of 0.1415 in 2010-2014. Dewi & Yasa (2017) stated that the average environmental disclosure is 0.2053 in 2012-2015 in non-financial companies in Indonesia. Meanwhile Ningsih (2017) found the average environmental disclosure of 0.34.…”