Affect Corporate Social Responsibility Disclosure Research Articles

Examining the Nexus of Governance, Firm’s Characteristics and CSR Disclosure in Highly Polluted Industries

This study seeks to examine the effect of corporate governance and firm’s characteristics on corporate social responsibility disclosure (CSRD) of highly polluted industries. The sample of this study consisted of 250 data from 125 companies of basic material, chemicals, and energy sectors listed in the Indonesia Stock Exchange from 2020-2021. The result shows that ownership concentration has a negative effect on CSR disclosure. Audit committee and firm’s size positively affect corporate social responsibility disclosure. Meanwhile, the board size and leverage do not affect CSR disclosure. This study provides policy implications to identify governance systems and firm’s characteristics at increasing CSR awareness. The paper highlights the research context of the highly polluted industry, indicating a specific sector with unique challenges and implications for CSR. By focusing on these industries, the research aims to provide insights into opportunities associated with CSR disclosure in highly polluting sectors.

The role of environmental performance in mediating the relationship between green accounting and corporate social responsibility

The problems of pollution, global warming, and environmental damage are currently relevant and vital challenges for corporations, governments, and society. The implementation of green accounting is one of the responses of corporations to overcome sustainability issues. This study aims to examine the impact of green accounting on the level of environmental performance and the impact of environmental performance on corporate social responsibility (CSR) disclosure. This study also tests the role of environmental performance as a mediating variable in the relationship between green accounting and CSR disclosure. The sample consists of 95 listed Indonesian firms during the period 2017–2021. The results show that the adoption of green accounting positively affects environmental performance (coefficient is 0.291 and p-value < 0.01). Meanwhile, environmental performance positively affects CSR disclosure with a coefficient of 0.296 and a p-value < 0.01. The empirical evidence also shows that environmental performance has a critical role as a mediating variable in the effect of green accounting on CSR disclosure.

CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AND OWNERSHIP STRUCTURE: MODERATING EFFECT OF ENVIRONMENTAL PERFORMANCE

Using environmental performance as a moderating variable, we examine how ownership structure affects corporate social responsibility disclosure (CSR Disclosure). With a population of 124 BEI manufacturing sector enterprises, data was gathered through the documentation method from annual reports for the 2017–2021 period. A purposive sample of 24 companies was selected for the sample. However, analytical methods like moderated regression analysis (MRA) are employed. The results demonstrate that while management ownership harms CSRD, institutional and public ownership have a favorable impact on CSR Disclosure. The impact of institutional and public ownership on CSR disclosure is well moderated by environmental performance; however, the influence of management ownership on CSR disclosure is not successfully moderated. The outcomes of the control variables show that firm size and profitability are significant. However, leverage shows an insignificant result.

Does CSR disclosure mediate the board characteristics-cost of equity capital nexus? Evidence from Jordanian services companies

Purpose This study aims to investigate the direct nexus between board characteristics, corporate social responsibility (CSR) disclosure and the cost of equity capital (CEQ). This is done by using agency theory, stakeholder theory and signalling theory, followed by an investigation into the indirect mediation impact of CSR disclosure in the board characteristics-CEQ nexus. It intends to present new experimental evidence from Jordan’s developing economy. Design/methodology/approach The study’s target population was services companies registered on the Amman Stock Exchange (ASE) between 2012 and 2020. As a result, the population and sampling of this study are represented by all services companies for whom complete data are available over the period, with a total of 43 services companies yielding 387 company-year observations. Data for our study were obtained from their annual disclosures and the ASE’s database. Findings The main findings demonstrated that board size, board gender variety and the number of board sessions positively affect CSR disclosure significantly. In addition, three board characteristics (i.e. board size, board independence and board gender variety) significantly negatively affect CEQ. Besides, CSR disclosure significantly negatively affects CEQ and it fully mediates the relationship between two board characteristics (i.e. board size and board gender variety) and CEQ, whereas it partially mediates the nexus between board independence, CEO/Chairman duality and the number of board sessions of board characteristics and CEQ. Originality/value This study varies from earlier studies, in that it builds a new research model by looking at the mediating role of CSR disclosure in the nexus among board characteristics and the CEQ.

Bagaimana Gender, Risk, dan Media terhadap Pengungkapan Corporate Social Responsibility?

This study focused to analyze relationship between gender diversity, risk minimization and media exposure on corporate social responsibility disclosure. In this study consists of independent variables, dependent variable and control variable. Researcher used profitability with ROA as proxy as a control variable in this study. Quantitative research in this study applied companies in the Basic Materials sector listed on the Indonesia Stock Exchange (IDX) in 2018-2021. Some criterions determined by researcher to obtain sample in this study. Non-probability sampling used in this study and researcher decided ten companies with a four-year observation period to obtain 40 observation units. Panel data regression as data analysis technique and used Eviews 12 software. The results of this study, simultaneously gender diversity, risk minimization and media exposure with the control variable profitability affect corporate social responsibility disclosure with a probability value (F-statistic) of 0.000078 <0.05 so that H01 is rejected and Ha1 is accepted.. Partially, that risk minimization and media exposure with the control variable profitability have a positive effect on corporate social responsibility disclosure with a probability value <0.05 so that H03 and H04 are rejected, it means that Ha3 and Ha4 are accepted. Meanwhile, gender diversity has no effect on the corporate social responsibility disclosure. This means that the presence of female board members in this percentage is still unable to influence corporate social responsibility disclosure.

CSR Disclosure of Indonesia Energy Sector: Financial Performance, Firm Size, and Growth


 Corporate social responsibility disclosure is a company activity in communicating the social and environmental impacts of the company's economic activities to stakeholders as a whole. This corporate social responsibility is disclosed in the company's sustainability report. The importance of corporate social responsibility disclosure for companies has been regulated in the Law. However, there are still many companies that do not publish sustainability reports as a form of awareness of CSR disclosure, so CSR disclosure is still relatively low. The purpose of this study is to analyze the effect of ROA, NPM, Current Ratio, DER, firm size, and growth on corporate social responsibility disclosure in Energy sector companies listed on the Indonesia Stock Exchange in 2020-2022. The method used in this study is a quantitative method, for sample selection using porposive sampling method. There were 72 observations from 24 companies. Data processing using panel data analysis techniques with Eviews 12 software. The results showed that the effect of ROA, NPM, Current Ratio, DER, firm size, and growth had a simultaneous effect on corporate social responsibility disclosure. Partially, ROA, NPM, and firm size affect corporate social responsibility disclosure. While Current Ratio, DER, and growth have no effect on corporate social responsibility disclosure.
 Keywords: Corporate Social Responsibility Disclosure, Return On Assets, Net Profit Margin, Current Ratio, Debt of Equity Ratio, Firm Size, and Growth

Board attributes and corporate social responsibility disclosure quality based on information typology

PurposeThis paper aims to answer whether board attributes affect corporate social responsibility disclosure quality (CSRDQ) and whether these findings are sensitive to CSRDQ measurement.Design/methodology/approachThe authors use the content analysis method to measure CSRDQ in annual report narratives of 41 Mauritian-listed companies for 2008–2019. System-generalized method of moments is used to test research hypotheses.FindingsThe analysis shows that board attributes affect CSRDQ. It also shows that the impact of CSRDQ is sensitive to CSRDQ measurement.Practical implicationsThis study informs stakeholders on the drivers of CSRDQ. Mauritius authorities could revise the corporate governance code to enhance CSRDQ, and the Stock Exchange of Mauritius could also provide regulations/guidance to listed companies to improve their CSRDQ.Originality/valueThis study brings new insights by viewing CSRDQ based on verifiability, as verifiable CSR reporting improves the fairness of information disclosed by management.

Corporate Social Responsibility Disclosure in Primary Industry: Effect of Risk, Gender, and Environmental Disclosure

Corporate Social Responsibility (CSR) is one of responsibility to shareholders by paying attention to social and environmental aspect in the vicinity where the company’s operational activities are carried out. However, not all companies which has a direct impact to environment did CSR properly. PT. Aneka Tambang, Tbk. in 2021 was polluting the coast of East Halmahera, endangered mangrove and marine ecosystems. In addition, PT. Vale Indonesia, Tbk. also suspected of being the cause of forest destruction in South Sulawesi which resulted in sedimentation in Lake Mahalona, CSR implementation will impact to CSR disclosure of company. This study aimed to analyze how risk minimization, gender diversity and environmental certification affect CSR disclosure. Researcher used quantitative method. The population in this study were primary industrial companies with 45 observation data after selecting sample used purposive sampling, Researcher chose descriptive and panel data regression analysis using Eviews 12 as analysis method. The results of this study indicate that risk minimization, gender diversity, and environmental certification have a simultaneous effect on CSR. Partially, risk minimization has a negative effect on CSR disclosure. Meanwhile, gender diversity and environmental certification have no effect on CSR disclosure. Adjusted R-square in this study was 12,43%. It indicated that independent variable used in this study effect dependent study in 12,43%, remained 87,57% effected by other independent variable outside study.

Financial ratio and company size to mining company's CSR disclosure

Corporate social responsibility is a company's obligation to conduct business operations, not to harm the environment. Companies carry out CSR activities to show their commitment to operating ethically, not violating the law, and contributing to society. Research on CSR in companies is still being debated and offers various findings, so it is still attractive for more depth analysis. This study aims to analyze the effect of profitability, leverage, liquidity, and company size on corporate social responsibility (CSR) disclosure. The population in this study are mining companies listed on the Indonesia Stock Exchange for the 2017–2021 period. The sample in this study amounted to 79 samples obtained from 17 companies over five years using a purposive sampling method. The results show that profitability does not affect CSR disclosure, leverage has a negative effect on CSR disclosure, liquidity does not affect CSR disclosure, and firm size has a positive impact on CSR disclosure.

Does stock price crash risk affect corporate social responsibility disclosure?

ABSTRACT Does crash risk affect companies to improve contents of corporate social responsibility (CSR) disclosure, or harm the corporate willingness to disclose in future? Using a sample of 1,361 listing companies in the Chinese stock market over the period of 2006–2021, we create a new indicator to assess the content diversity of CSR disclosure, and examine the causal effects of crash risk on it. We find that the increase of crash risk has a negative effect on companies’ future CSR disclosure. Furthermore, we employ a difference-in-differences research design and find that the negative effect of crash risk on CSR disclosure is stronger for companies with voluntary disclosure than those with mandatory disclosure. Our findings indicate that the emergence of crash risk will not motivate companies to release more information in future as a compensation of the previous information opacity.

Determinants of corporate social responsibility: Evidence of manufacturing companies in Indonesia

This study examined the effect of earnings management and the board of directors on corporate social responsibility disclosure. In this study, earnings management is measured using the modified Jones model, while corporate social responsibility disclosure is calculated using the corporate social responsibility disclosure index (CSRI). This study uses the CSRI index based on the Global Reporting Initiative (GRI) reporting standards disclosed by companies in their annual reports. This research was conducted at manufacturing companies listed on the Indonesia Stock Exchange in the 2017-2021 period that met the sample criteria. This research was conducted with a regression analysis model. The results of this study state that earnings management positively influences corporate social responsibility disclosure, and corporate governance proxied by the board of directors negatively affects corporate social responsibility disclosure

FAKTOR-FAKTOR YANG MEMPENGARUHI KUALITAS PENGUNGKAPAN TANGGUNG JAWAB SOSIAL PERUSAHAAN DAN DAMPAKNYA TERHADAP COST OF EQUITY PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to determine the effect of company size, profitability, leverage, and quality of corporate governance on corporate social responsibility disclosure, as well as to determine the impact of corporate social responsibility disclosure on the cost of equity of the company. The type of research used is quantitative research. The population in this study is all manufacturing companies listed on the Indonesia Stock Exchange in 2016-2020. Sampling was carried out using the purposive sampling method, and produced a sample of 57 companies. The data used in this study are secondary data in the form of financial reports, annual reports, and company sustainability reports from the sample company's website and the Indonesia Stock Exchange website. The analysis technique used is a multiple linear analysis technique. The results showed that the size of the company and the quality of corporate governance have a positive effect on the disclosure of corporate social responsibility. Leverage negatively affects corporate social responsibility disclosure. Meanwhile, profitability does not affect the disclosure of corporate social responsibility. The results also showed that disclosure of corporate social responsibility negatively affects the cost of equity.

Determinan Pengungkapan Corporate Social Responsibility

The purpose of this research is to obtain empirical evidence about the factors that affect corporate social responsibility disclosure. This research determines whether there is an effect of media exposure, taxes aggressiveness, institutional ownership, managerial ownership, independent board, the board size, and profitability on corporate social responsibility disclosure. The objects of this research are manufacturing firms listed on Indonesia Stock Exchange (IDX) during the research period 2018-2020. The samples are chosen by using purposive sampling methods. There are 42 companies that met the criteria used in this research. The research model is analyzed by using multiple regression. Corporate social responsibility disclosure as the dependent variable using the 78-items index provided by Sembiring (2005). The result of this research shows that independent board and board size have a positive effect on corporate social responsibility disclosure. The presence of the board of commissioners in the company can increase the power of supervision to be able to provide pressure/encouragement to management in improving the quality of disclosure of company information and ensuring that CSR activities are carried out by the company.

Corporate Governance and CSR Disclosure: International Evidence for the Period 2006–2016

In this paper, the authors examine the impact of corporate governance mechanisms on corporate social responsibility (CSR) disclosure in European and Anglo-Saxon contexts. The study is based on 324 Anglo-Saxon listed corporations and 310 European listed corporations for 11 years from 2006 to 2016 (6813 year-observations). The regression analysis shows that board gender and board age affect CSR disclosure. This study also finds that CEO duality negatively affects CSR disclosure in both contexts. Finally, the study found that the existence of a CSR committee and CSR experts positively affect CSR disclosure in both contexts.

Women on Board of Directors and Firm Performance of Russian Companies: Does CSR Disclosure Matter? (WITHDRAWN)

While a number of studies explore a direct relationship between female representatives on board and firm performance, this paper proposes an alternative idea investigating how corporate social responsibility (CSR) disclosure mediates this relationship in the context of the transitional Russian economy, where gender disparity in board of directors remains high. The focus on Russian companies brings new insights on this type of relationships and opens the discussion about the effectiveness of corporate governance systems in emerging and transition economies, as well as extends the discussion about female board representation in emerging contexts. Stakeholder theory is used for developing the theoretical background. An empirical analysis is conducted on a sample of 223 publicly listed Russian companies with the data for the period 2012-2017. We found that women representatives on boards negatively affect CSR disclosure while having a positive effect on both accounting and market performance indicators. Explanations for these findings are deeply rooted in social and cultural specificity, masculine type of women’s behaviour and standards of the corporate governance system in Russia when female directors predominantly impact financial aspects of corporate activities rather than strategic ones.

Kajian Literatur terhadap Faktor-Faktor yang Mempengaruhi Corporate Social Responsibility Disclosure pada Perusahaan Pertambangan dan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2017 – 2021

Corporate social responsibility is a form of corporate responsibility towards the environment and the surrounding community. Investors now will not only see the company's performance from the financial side, but will also look at the non-financial side such as the social role of the company. So that it requires companies to be able to report their social responsibility in the company's annual report. Study Literature Review was made to examine what factors can affect corporate social responsibility disclosure in the mining sector listed on the Indonesia Stock Exchange for the 2017-2021 period. The objects used in this study are companies in the mining and manufacturing sectors listed on the Indonesia Stock Exchange for the 2017-2021 period. Sampling was carried out using archival data collection techniques in the form of research results and research articles published through search results on Google Scholar and selected based on the keyword corporate social responsibility disclosure. The data analysis method uses a descriptive qualitative approach through literature review, namely by describing the results of research on factors that influence corporate social responsibility disclosure. The results of the literature review show that profitability, leverage, managerial ownership, audit committee, independent commissioner, company size, industry type, and environmental performance have a significant positive effect on corporate social responsibility disclosure. Suggestions for further researchers is to be able to include the strength of state institutions (regulation) in the regulation of CSR. Then you can add several other factors that can affect CSRD, including the age of the company, risk minimization, and gender diversity.

Determinants of corporate social responsibility disclosure

Mining sector companies are closely related to pollution, waste, and strong interactions with the environment. If the pollution and waste are ignored, it will cause environmental damage that consequently impacts environmental sustainability and the community around the company. Therefore, companies are requested to address environmental and social issues through corporate social responsibility activities. Determinants of corporate social responsibility disclosure include company size, liquidity, leverage, and profitability. The purpose of this study is to examine the effect of the determinants of corporate social responsibility disclosure on corporate social responsibility in mining companies listed on the Indonesia Stock Exchange (IDX) from 2016 to 2020. The number of sample companies studied was seven mining sector companies, and the number of data tested was 35 (for five years). The data used in this research were derived from financial and sustainability reports. The sampling technique used in this study was the saturated sample. Data were analyzed using regression analysis processed using the SPSS application. This study revealed that company size, liquidity, leverage, and profitability affect corporate social responsibility disclosure.

Corporate social responsibility disclosure before and during the Covid-19 pandemic

The COVID-19 pandemic has had a significant impact on the condition of the Indonesian economy, including the manufacturing industry. Therefore, it is necessary to test the effect of tax aggressiveness, environmental performance, and media exposure on corporate social responsibility disclosure. Corporate social responsibility disclosure is measured using the criteria set out in the 2017 Financial Services Authority (OJK) regulation. This study used 77 observational data from the 2017–2020 period in which the descriptive statistical analysis showed a decrease in tax aggressiveness, environmental performance, media exposure, and corporate social responsibility disclosure. The results showed significant differences in the manufacturing companies' corporate social responsibility disclosures before and during the COVID-19 pandemic. The findings revealed that tax aggressiveness and environmental performance positively affected corporate social responsibility disclosure. In contrast, media exposure did not affect corporate social responsibility disclosure. However, media exposure positively affected environmental aspects disclosure. These results indicated that manufacturing companies have social and environmental awareness.

How Do Remuneration Committees Affect Corporate Social Responsibility Disclosure? Empirical Evidence from an International Perspective

The main goal of this study is to analyze whether the existence of remuneration committees tend to disclose more corporate social responsibility (CSR) information. In addition, we test the moderating role played by the proportion of independent directors on boards of directors with the relationship between the constitution of remuneration committees and CSR disclosure. Previous research does not appear to have addressed these questions. The research questions proposed are tested using an international sample of 28,610 listed companies, and we took into consideration information on industrial companies from the Middle East, developed Asian and Pacific countries, both emerging and developed European countries, Africa, Latin America and North America. These findings provide evidence that the existence of remuneration committees is more likely to disclose CSR information, and the existence of independent board members positively moderates the association between the existence of remuneration committees and CSR disclosure. We expand on earlier empirical literature concerning corporate governance and CSR issues.

Determinants of Corporate Social Responsibility Disclosure: Empirical Evidence from Indonesia Stock Exchange

This study aims to examine the relationship between consumer proximity, environmental performance, profitability, and media exposure on corporate social responsibility disclosure. This study used data from companies listed in Indonesia Stock Exchange (IDX) 2017-2019. A purposive sampling method was used in this study with 60 samples on the Indonesia Stock Exchange. Hypothesis testing in this study using multiple linear regression with SPSS. The results show that consumer proximity has a positive effect on corporate social responsibility disclosure. Meanwhile, environmental performance, profitability, media exposure does not affect corporate social responsibility disclosure. The implication of this study is for the companies to increase social responsibility to the stakeholders and community due to the positive reciprocal relationship.