Abstract
The object of this study is to investigate the influence of the effect of carbon emissions disclosure whether corporate governance characteristics impact, and green strategy. This empirical study was conducted out in three part. The relationship between corporate governance and carbon emission disclosure, the relationship between green strategy and carbon emission disclosure and the relationship between carbon risk management and carbon emission disclosure.This study uses samples obtained through annual sustainability reports and annual reports from the Sri Kehati Index listed on the Indonesia Stock Exchange (IDX) during 2016-2017. The research sample are 30 firms with 60 observations which listed companies listed on IDX during 2016-2017. In order to meet the objective of this research, researcher has used double declined regression model to explore the implication and correlation in both assumptions. This research differs from previous research with the addition of a sustainability committee and green strategy in the component of corporate governance. The results of this empirical study show that corporate governance issues with diversity boards, board independence, board size, and sustainability committees have a positive influence on disclosure of carbon emissions and add to this disclosure and carbon risk management has a positive impact on carbon emissions disclosure. This study provides empirical evidence about various factors that can affect carbon emissions disclosure, which can be useful for stakeholders both companies and investors. The importance of this research can contribute so that companies are able to take policies in order to reduce carbon gas emissions in climate pollution. Carbon risk management in this study discusses carbon efficiency and carbon emissions in the future, and also future carbon that can be done or planned that is designed to manage the risks of carbon emissions effectively and efficiently. This research discusses the influence of relationship between corporate governance, green strategy and carbon risk management that is needed by companies to see the impact on disclosure of carbon emissions specifically. Keywords : Corporate Governance, Board diversity, Board Size, Board Independence Board diversity, Sustanability Committee, Green Strategy, Carbon Emission Disclosures, and Cabon risk management. DOI : 10.7176/EJBM/11-23-06 Publication date : August 31 st 2019
Highlights
An example of bad corporate governance can be seen when Indonesia experienced a crisis in 1997 and many companies failed at that time
4.4 Discussion From the description above, it can be seen the characteristics of corporate governance, green strategy and carbon risk management from the disclosure of carbon emissions listed on the Indonesia Stock Exchange (IDX) through regression analysis on companies listed on the IDX based on the 2016-2017 Sustainable and Responsible Investment (SRI)-KEHATI index
The greenhouse effect and global warming is a phenomenon of increasing global temperatures from year to year due to increasing gas emissions such as carbon dioxide (CO2), methane (CH4), dinitrooxide (N2O), and chlorofluorocarbons (CFC), according to Riebeek (2010) referred to as emissions greenhouse gas (GHG)) so that solar energy is trapped in the Earth's atmosphere.One of the vision and mission SRI KEHATI is going concern, which believing that all generations have the fundamental right to a reasonable life and a balanced environment in the long run
Summary
An example of bad corporate governance can be seen when Indonesia experienced a crisis in 1997 and many companies failed at that time. The crisis in Indonesia results from a lack of transparency and relevant information that can be relied upon as a form of quality for the company's annual report. According to Agoes (2011) good governance is a system that regulates the role of the Board of Directors, shareholders and other stakeholders through a transparent process to achieve company goals. Global warming and climate change because carbon emissions have become very serious issues and threaten the future of humans, the lack of concern from large companies makes the issue of global warming more serious. The board of directors of the company was asked to propose several actions related to the issue of global warming (Prado-Lorenzo et al, 2009). The government discussed with environmental groups to establish regulations on greenhouse gas (GHG) emissions and proactive and positive measures on carbon emission strategies (Reid and Toffel, 2009)
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