The Impacts of Carbon Emission Disclosure, Environmental Performance, and
                        Social Performance on Financial Performance (Empirical Studies in Proper
                        Participating Companies Listed in Indonesia Stocks Exchange, Year
                        2013–2016)

Soewarno, Noorlailie; Tjahjadi, Bambang; Firdausi, R Hanifah

doi:10.18502/kss.v3i10.3439

Cited by 6 publications

(14 citation statements)

References 17 publications

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“…Reporting carbon performance can improve companies' carbon reputation, which leads to improving CFP (Daromes & Monica, 2020;Rohani, 2016). Soewarno et al (2018) find that Indonesian listed companies are having greater ROA when disclosing more carbon emissions. Management effort in emission reduction gives a signal to stakeholders that the company cares about the environment, and eventually raises ROA, ROE, and firm's value (Kelvin et al, 2017).…”

Section: Ccd and Cfp Linkagementioning

confidence: 87%

“…They view investing in the environment results in additional costs. Recent scholars find the effect to be contrary, in which investing in environmental reporting (CED/CCD) leads to economic advantage as evidenced in (Soewarno et al, 2018;Saka & Oshika, 2014;He et al, 2013;Ziegler, Busch, & Hoffmann, 2011). Reporting carbon performance can improve companies' carbon reputation, which leads to improving CFP (Daromes & Monica, 2020;Rohani, 2016).…”

Section: Ccd and Cfp Linkagementioning

confidence: 99%

“…al 2018;Hanifah, 2017;Akhiroh & Kiswanto, 2016;Cahya, 2016;Irwhantoko & Basuki, 2016;Jannah, 2014). Others investigate CED effects on corporate value, including CFP (Salbiah & Mukhibad, 2018;Soewarno, et. al 2018;Hanifah, 2017;Kelvin, et.…”

Section: Introductionmentioning

confidence: 99%

“…al 2017;Anggraeni, 2015). Research on Indonesian companies generates mixed results, although mostly finds positive effects (Soewarno et al, 2018;Hanifah, 2017;Kelvin et al, 2017;Anggraeni, 2015).…”

Section: Introductionmentioning

confidence: 99%

“…Both emission mitigation and climate adaptation are important for business (Okereke, 2007 as cited in Wittneben and Kiyar, 2009;Wittneben and Kiyar, 2009). Prior research in Indonesia mostly uses the CDP checklist as their indicators (Daromes & Monica, 2020;Nurdiawansyah et al, 2018;Soewarno et al, 2018;Kelvin et al, 2017;Cahya, 2016;Irwhantoko & Basuki, 2016;Jannah, 2014). This is reasonable since TCFD's recommendations were published in 2017.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Climate Change Disclosure Impact on Indonesian Corporate Financial Performance

Iriyadi

Antonio

2021

Journal of Accounting and Business Dynamics

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This paper aims to observe the impact of climate change disclosure (CCD) towards corporate financial performance (CFP) proxied by returns on assets (ROA), return on sales (ROS), and sales growth. Linear and non-linear approaches are employed for this research. Recommendation from Task Force on Climate-Related Financial Disclosures (TCFD) are applied for content analysis to obtain CCD scores. The target population in this study is 45 best performing companies (LQ45) listed on the Indonesia Stock Exchange (IDX) that disclosed sustainability report from 2014 to 2018. The number of observations is 72 year-companies. The findings show that CCD in large companies decreases ROS and improves ROA, yet in general, the improvement occurs in the long term for ROA and sales growth after a certain level is met (U-curve). In general, providing climate-related information will eventually pay. Financial improvement of the companies has increased despite of low quality of CCD and an indication of positive customer reaction to CCD is noticeable.

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Section: Ccd and Cfp Linkagementioning

confidence: 87%

Section: Ccd and Cfp Linkagementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Climate Change Disclosure Impact on Indonesian Corporate Financial Performance

Iriyadi

Antonio

2021

Journal of Accounting and Business Dynamics

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Risk spillover between carbon markets and stock markets from a progressive perspective: Measurements, spillover networks, and driving factors

Dong,

Zhao,

et al. 2024

Energy Economics

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Pengaruh Pengungkapan Emisi Karbon, Kinerja Lingkungan Dan Biaya Lingkungan Terhadap Kinerja Keuangan Perusahaan

Salsa

Pohan

2022

j. ekon. n.a. econo.

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The purpose of this research is to analyze the direct and indirect effects of carbon emissions disclosure, environmental performance and Environmental Cost on the company's financial performance. The population of this study is companies listed on the Stock Exchange in 2017 - 2020. The sample in this study werw 92 companies with a purposive sampling method. The types of data in this study are secondary data in the form sustainability reports, annual reports and financial reports contained on the Indonesia Stock Exchange website www.idx.co.id and related to the Corporate Performance Rating (PROPER) Program for 2017-2020 . The results show that Environmental Cost not been approved against ROS, environmental performance and carbon emissions disclosure against ROS

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The Impacts of Carbon Emission Disclosure, Environmental Performance, and Social Performance on Financial Performance (Empirical Studies in Proper Participating Companies Listed in Indonesia Stocks Exchange, Year 2013–2016)

Abstract: .

Cited by 6 publications

References 17 publications

Climate Change Disclosure Impact on Indonesian Corporate Financial Performance

Climate Change Disclosure Impact on Indonesian Corporate Financial Performance

Risk spillover between carbon markets and stock markets from a progressive perspective: Measurements, spillover networks, and driving factors

Pengaruh Pengungkapan Emisi Karbon, Kinerja Lingkungan Dan Biaya Lingkungan Terhadap Kinerja Keuangan Perusahaan

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