Environmental Performance Disclosure Research Articles

Factors affecting corporate environmental performance disclosures in the Czech Republic

Factors affecting corporate environmental performance disclosures in the Czech Republic

Analisis Pelaporan Kinerja Lingkungan Pada Rumah Sakit Lavalette Tahun 2022

Lavalette Hospital Malang, located at Jl. WR. Supratman No.10 Malang City, can generate medical and hazardous waste, which can impact the environment. Many healthcare facilities still do not report their environmental performance with GRI standards as it is voluntary. However, to fulfill their environmental and social responsibilities, both external and internal, this environmental performance reporting is helpful. This research uses a qualitative method with a case study at Lavalette Hospital Malang to determine the management of responsibility and disclosure of environmental performance in accordance with GRI Standard 300 guidelines. The data used comes from documentation and interviews with environmental health staff and the Manager of Accounting, Finance, and IT at Lavalette Hospital. Then triangulation analysis was carried out. The results of the analysis show that Lavalette Hospital's environmental performance can be categorized into partial disclosure on GRI index 302: Energy, GRI 303: Water and Effluent, GRI 305: Emissions, GRI 306: Waste, GRI 307: Compliance, and GRI 308: Supplier environmental assessment.

The Influence Of Environmental, Social, Governance (ESG) Disclosures On Financial Performance

Research purposes. This research aims to examine the effect of disclosure of environmental performance, social performance, governance performance (ESG) on company financial performance as proxied by Return on Assets (ROA).
 Research methods. Data analysis This research uses panel data regression analysis. The research used 13 samples of KBMI 3 and 4 bank financial industry companies listed on the Indonesia Stock Exchange (BEI) for the 2020-2022 period. The sample was selected using a purpose sampling technique. This research uses the Return on Assets (ROA) proxy as financial performance.
 Research Results and Findings. The test results show that individually there is no significant effect of disclosure of environmental performance, social performance, governance performance (ESG) on the company's financial performance.

Dampak Pelaporan Keberlanjutan Terhadap Kinerja Dan Nilai Perusahaan (Studi Pada Perusahaan Manufaktur Industri Barang Konsumsi Sub Sektor Makanan Dan Minuman Di BEI Tahun 2022)

The purpose of this study was to determine the effect of sustainability reports on company performance and value. The Company's main objective is to generate revenue and improve the welfare of all stakeholders by pursuing a number of profit maximization strategies. However, company management must consider other factors besides the company's current strong financial performance. The business is to strengthen its environmental, social and economic pillars. This study was conducted to ascertain the impact on the performance and value of Consumer Goods Industry Manufacturing Companies in the disclosure of economic, environmental, and social performance in sustainability reporting. A purposive sampling technique was used for the sampling process and data regression analysis was used for the analysis. This study reveals that the company performance of PT Garudafood Putra Putri Jaya Tbk, PT Indofood Sukses Makmur Tbk, and PT Ultrajaya Milk Industry and Trading Company Tbk is significantly affected by the disclosure of environmental performance. In addition, the performance and value of Consumer Goods Industry Manufacturing companies are significantly influenced by the disclosure of economic, environmental, and social performance simultaneously.

The Effects Of Sustainability Report Disclosures Towards Financial Performance Of Companies Listed In IDX80

In an endeavour to develop sustainability, companies disclose sustainability reports as a practice of corporate responsibility practices towards social and environment, which oriented towards fulfilling public expectations for the existence of a business. This study aims to examine the effect of disclosing economic performance, environmental performance, and social performance in sustainability report on the financial performance of companies listed in the IDX80 stock index. Disclosures of sustainability report is measured using the GRI Standards Index. The independent variables in this study are disclosure of economic performance, disclosure of environmental performance, and disclosure of social performance. The dependent variable in this study is return on assets. This study is a quantitative study using a sample of 47 companies listed on the IDX80 stock index as the research object. The data collection method used is the documentation method of content analysis of sustainability reports and financial reports. The data analysis method used the multiple linear regression analysis method. The results show that the disclosure of economic performance, environmental performance, and social performance partially has no effect on the company’s financial performance.

Effect of Sustainability Report Disclosure on Banking Company Value

The purpose of this study is to evaluate how disclosure of Sustainability Report, disclosure of economic performance, disclosure of environmental performance, and disclosure of social performance affect company value as measured by Tobin's Q. Banking companies at Bank BUKU 3 and Bank BUKU 4 are listed on the Indonesia Stock Exchange from from 2019 to 2021. The population for this study totaled 31 companies with the sample criteria, namely the purposive sampling technique totaling 11 data generated. For analysis, the panel data regression model is used using Eviews 12. The results of the analysis simultaneously show that the sustainability report has no effect on firm value (Tobin's Q). Based on the partial test results, Sustainability Report, economic performance reports, environmental performance reports and social performance reports have no effect on firm value (Tobin's Q).
 Keywords: Disclosure, Sustainability Report, Corporate Value, Tobin's Q, BUKU 3 and BUKU 4

The impact of environmental policy mechanisms on green innovation performance: the roles of environmental disclosure and political ties

Despite recognizing environmental policy mechanisms as critical drivers of green innovation, clarity is still needed regarding how and under what conditions they influence green innovation performance. Consequently, further investigation is warranted. This study addresses this research gap by examining the impact of environmental policy mechanisms, specifically command-control and market-based policy mechanisms, on green innovation performance. The study delves into the moderating role of political ties and the mediating effect of environmental disclosure (ED) by utilizing survey data from 499 heavy industries in the Republic of South Africa and drawing on the foundations of institutional and resource dependence theory. The findings shed light on the positive influence of command-control and market-based policy measures on ED. The Hayes process analysis reveals that the relationship between environmental policy mechanisms and green innovation performance is indirect and mediated by the level of ED A noteworthy discovery is made regarding the strengthening effect of political ties on the relationship between ED and green innovation performance. This study highlights the need for a greater emphasis on theoretical advancements and practical implications. By improving our understanding of the complex interplay between environmental policy, political ties, ED, and green innovation performance, this study contributes to the existing body of knowledge.

ANALISIS PENGARUH PELAPORAN KEBERLANJUTAN TERHADAP KINERJA DAN NILAI PERUSAHAAN

This research was conducted to determine the effect of disclosing economic, environmental, and social performance in Sustainability Reporting by state-owned companies on company performance and value. This research was conducted on state-owned companies registered in the IDX BUMN20 for the 2016–2020 period and used purposive sampling technique as the sampling method and panel data regression as the analysis method. The result was disclosure of environmental performance had a significant effect on the performance of 17 state-owned companies. However, disclosure of economic, environmental and social performance simultaneously has a significant effect on the performance and value of 17 state-owned companies.

The Effect of Sustainability Report on the Financial Performance of Consumer Goods Companies

This research aims at how the influence that will arise from the disclosure of economic performance, environmental performance and social performance on the companies financial performance. This research uses a type of quantitative research. The population used in this research is Consumer Goods companies that have been listed on the Indonesia Stock Exchange in the period 2021 – 2022. Samples that can be generated in this research a number of 10 data. The method used in this research is purposive sampling method and using SPSS 22 Analysis tool. The results of this research indicate that the disclosure of economic performance is not a positive and insignificant influence on financial performance, disclosure of environmental performance is not a positive influence on financial performance and disclosure of social performance is a negative influence on financial performance. The implication of this research is that it can be useful to be able to determine the effect of what will happen between the sustainable report and how the company generates profits that are interrelated with the financial performance of Consumer Goods companies.

Carbon Emissions Disclosure and Environmental Performance on Company Value

This study aims to identify the influence of carbon emissions and environmental performance disclosure on company value partially and simultaneously. The object of this research is a group of companies included in sustainable and responsible investment, the SRI-KEHATI Index in 2015-2020. The data analysis method is associative, using multiple linear regression analysis and partial and simultaneous hypothesis testing. The result indicates that carbon emissions disclosure has a partial and significant effect on enterprise value with the results of t-count 2.074 > t-table 2.05183 with a significance of 0.048 < 0.05. Environmental performance has a partial and substantial effect on company value with the results of t-count 4.624 > t-table 2.05183 with a significance of 0.000 < 0.05. Simultaneously, the carbon emissions and environmental performance disclosure have a significant effect on company value with the results of F-count 13,217 > F-table 3.34 with a significance of 0.000 < 0.05. The determinant coefficient shows that the variables in the study affect at the rate of 49.5%.

Analisis Pengaruh Kinerja Ekonomi, Pengungkapan Kinerja Sosial dan Lingkungan Terhadap Nilai Perusahaan

This research aims to examine the effect of economic performance, disclosure of social and environmental performance on firm value with leverage and firm size as control variable. The population used in this research are mining companies listed on the Indonesia Stock Exchange (IDX) in 2018-2021 with total sample of 36 samples obtained from the purposive sampling method. The type of data from this research is secondary data that derived from company’s annual reports and sustainability reports. The researcher conducted the test through descriptive statistical tests, multiple regression analysis, classical assumption tests, and research hypothesis testing. The results of this research is indicate that economic performance, disclosure of social performance, and disclosure of environmental performance have a positive effect on firm value.

Analisis Pengaruh Kinerja Ekonomi, Pengungkapan Kinerja Sosial dan Lingkungan Terhadap Nilai Perusahaan

This research aims to examine the effect of economic performance, disclosure of social and environmental performance on firm value with leverage and firm size as control variable. The population used in this research are mining companies listed on the Indonesia Stock Exchange (IDX) in 2018-2021 with total sample of 36 samples obtained from the purposive sampling method. The type of data from this research is secondary data that derived from company’s annual reports and sustainability reports. The researcher conducted the test through descriptive statistical tests, multiple regression analysis, classical assumption tests, and research hypothesis testing. The results of this research is indicate that economic performance, disclosure of social performance, and disclosure of environmental performance have a positive effect on firm value.

Pengungkapan Kinerja Lingkungan Sebagai Mekanisme Peningkatan Kinerja untuk Menciptakan Nilai Perusahaan

One of the influential factors in creating the value of a company is the disclosure of the company's environmental performance and financial performance. This study aims to analyze the effect of environmental performance disclosure to improve company performance in creating firm value. The population of this study are companies that are members of the Indonesian Sharia Stock Index (ISSI) from 2017 to 2021. The sample of this study was selected by purposive sampling method from companies listed on the Indonesian Sharia Stock Index (ISSI) in 2017-2021, so that the selected 17 companies that meet the criteria in the sample in this study. This research uses index scores from several checklist items related to the disclosure of carbon gas emissions to measure environmental performance. As for the financial performance variable, the researcher uses the financial ratio indicator, namely the profitability ratio (ROA) and for the firm value variable, the researcher uses the Tobin's Q formula. The researcher uses the path analysis method to analyze the effect of environmental performance in creating firm value which is mediated by the firm's performance variable. Based on the results of statistical tests, the results obtained that the disclosure of carbon gas emissions can improve company performance, especially financial performance, and company performance can increase company value as well. However, company performance does not mediate the effect of disclosure of carbon gas emissions on firm value.
 Keywords: Disclosure of Carbon Gas Emissions, ROA, Tobin's Q

Praktik akuntansi lingkungan dan biaya modal pada perusahaan di Indonesia

Observe the development of social responsibility, especially in the field of environment, and the performance of corporate governance in Indonesia are important factors in the company's operations. A number of companies do not participate in this disclosure activity, which will result in new costs that will be borne by the company. The high and low cost of capital owned by a company will show how much risk the company will accept in order to obtain funding for the company's sustainability. This research was conducted to produce an analysis of the effect of the level of environmental accounting practices on the cost of equity capital or the cost of debt capital and the effect of corporate governance performance on the cost of equity capital or the cost of debt capital. This study uses data on financial statements and sustainability reports of companies listed on the Indonesia Stock Exchange from 2016 to 2020. The test results show that financial environmental accounting practices and corporate governance performance consist of block ownership, board size, gender diversity, and board tenure. has a significant effect on the cost of equity capital. on the cost of debt capital, only the board size variable has a significant effect. This research encourages companies to be able to participate in the disclosure of environmental performance and corporate governance.

Do environmental costs and environmental information disclosure effect on environmental performance?

There are still many companies in Indonesia that do not pay attention to environmental performance. Environmental disclosure performance is currently mandatory disclosure, so it is mandatory for go public companies to disclose their environmental performance as a manifestation of the company's responsibility for the activities it carries out. This study aims to determine the effect of environmental costs and environmental information disclosure on environmental performance in manufacturing companies listed on the Indonesia Stock Exchange from 2015-2019. The research sampling technique used purposive sampling method with data analysis using the Structural Equation Modeling method. The software used is partial least square with the Warp-PLS analysis tool. The results of testing the first hypothesis show that environmental costs have a positive and insignificant effect on environmental performance, while the second hypothesis shows that environmental information disclosure has a positive and significant effect on environmental performance. This research is important to do as a study material for the manufacturing industry related to environmental performance

Sustainability performance disclosures: the impact of gender diversity and intellectual capital on GRI standards compliance in Uganda

PurposeThe purpose of this study is to examine the extent of and impact of gender diversity and intellectual capital on compliance with Global Reporting Initiative (GRI) sustainability reporting standards by Uganda manufacturing companies.Design/methodology/approachData were collected from manufacturing firms in Uganda using a questionnaire survey to find out their perception of compliance with the GRI standards. Data were analyzed using statistical package for social sciences, Microsoft Excel and smart partial least squares structural equation modeling (PLS–SEM).FindingsThe results indicate that on average, manufacturing firms in Uganda comply with GRI sustainability reporting standards to the extent of 59%. The results further indicate that manufacturing companies comply more with the GRI 200 (economic performance disclosures) to the extent of 63% as compared with 55% for GRI 300 (environmental performance disclosures) and 58% for GRI 400 (social performance disclosures). The results also indicate that intellectual capital has a significant impact on the GRI-based sustainability performance disclosures in Uganda. However, board gender diversity has no significant effect. In terms of the control variables, only firm size is significant, while firm age, capital structure and auditor type are not.Originality/valueThis study provides first time evidence of the extent of compliance with the GRI sustainability reporting standards using evidence from Uganda – an African developing country. This study widens the understanding of the usage of GRI standards in the preparation of sustainability reports by manufacturing firms in an emerging economy. This study also provides first-time evidence on the role of gender diversity and intellectual capital in GRI-based sustainability performance disclosures using evidence from Uganda's manufacturing sector.

Sustainability reporting based on GRI standards and corporate financial performance: a study on selected listed companies in Sri Lanka

Sustainability Reporting (SR) is followed by the organizations in the contemporary world. The main objective of the organizations is getting growth consistently and sustaining for a long period of time. In today’s changing and complicated business world, the Sustainability related activities have an impact on Corporate Financial Performance (CFP) of companies. Therefore, this study intends to examine the impact of SR on CFP of Listed Companies in Sri Lanka. Return on Assets (ROA), Return on Equity (ROE) and Net Profit Margin (NPM) are used as dependent variables to measure the CFP whilst Economic Performance Disclosure Index (ECN), Environmental Performance Disclosure Index (ENV) and Social Performance Disclosure Index (SOC) are used as independent variables to measure the level of Global Reporting Initiative (GRI) based SR. This study considers the companies listed on Colombo Stock Exchange (CSE) for the period from 2016 to 2019 and uses secondary data gathered from the annual reports of these companies. The data is analysed by means of descriptive statistics, correlation analysis and regression analysis using the software E Views 8. The results of the Pooled OLS model regression analysis show that ENV and SOC have significant negative impact on ROA, while ECN has insignificant impact on ROA. Further, ECN and ENV have an insignificant impact on ROE. However, SOC have significant impact on ROE. Similarly, ECN, ENV and SOC also have a significant impact on NPM at 5% significance level. Based on the correlation analysis, the results show that only SOC have significant negative relationship with ROA and NPM at 5% significance level. The findings of the study have an important implication for the management of the companies and other interested parties. Further researches can be extended by choosing more time periods of data and choosing other indicators of CFP.

Sustainability Reporting and Financial Performance: A study of Selected Listed Companies in Sri Lanka

Sustainability Reporting is an emerging concept followed by the organizations all over the world. The overall objective of the organizations is to grow consistently and sustain for a long period of time. Sustainability Reporting indicates the act of quantifying, evolving and being responsible to all stakeholders for the performance of the organizations towards their goal of achieving sustainability. In today’s changing and complicated business world, Sustainability practices are likely to have an impact on corporate profitability and financial performance of the organizations. Therefore, this study intends to examine the impact of Sustainability Reporting on Financial Performance of Listed Companies in Sri Lanka. Return on Assets is used as dependent variable to measure the Financial Performance whilst Economic Performance Disclosure Index, Environmental Performance Disclosure Index and Social Performance Disclosure Index are used as independent variables to measure the level of Global Reporting Initiative (GRI) based Sustainability Reporting. This study considers 39 companies listed on Colombo Stock Exchange for the period from 2016 to 2019. This study uses secondary data gathered from the annual reports of these companies. The data is analysed by means of descriptive statistics, correlation analysis and regression analysis using the software E views 8. The results of the regression analysis show that Environmental Performance Disclosure and Social Performance Disclosure significantly impact on the Return on Assets of the company whereas Economic Performance Disclosure shows an insignificant impact on Return on Assets. Correlation analysis indicates that there is an insignificant relationship between Sustainability Reporting as a whole and Return on Assets at 5% significant level. However, while considering each of the independent variables, Social Performance Disclosure has a significant negative relationship with Return on Assets. Further, Economic and Environmental Performance Disclosures have insignificant relationship with Return on Assets. The findings of the study have an important implication for the management of the companies and other interested parties. Further researches can be extended by choosing more time periods of data and choosing other indicators of financial performance.
 Keywords: Financial Performance, Global Reporting Initiative, Sustainability Reporting

Environmental management accounting, board role performance, company characteristics and environmental performance disclosure

PurposeThe increasing environmental challenges require efforts to expand the scope of accounting to better evaluate organizations’ behaviour/practices. This paper aims to report the results of studying the link between environmental management accounting (EMA), board role performance (BRP), company characteristics and environmental performance disclosure (EPD) of Ugandan manufacturing firms.Design/methodology/approachThe study was correlational and cross-sectional. The results are obtained through content analysis of company reports, websites and a questionnaire survey of 102 large and medium manufacturing firms in four districts of Uganda.FindingsResults indicate that EMA causes significant variances in EPD in manufacturing firms. Also, BRP and firm size explain variances in EPD through EMA.Research limitations/implicationsThe research does not control for industry type. Still, the results offer hope on how the reliability of environmental performance information that companies voluntarily provide outside financial statements, can be improved.Originality/valueResults potentially extend available literature by providing a mechanism through which the environmental performance information is obtained for onward disclosure.

The Effect of Accounting Disclosure and Environmental Performance, Company Size and Corporate Social Responsibility Disclosure on the Value of Mining Companies Listed on the Indonesia Stock Exchange 2015-2019

This study analyzes the effect of environmental accounting disclosure, environmental performance disclosure, company size, and corporate social responsibility disclosure on firm value in mining companies listed on the IDX. This study uses an associative clause design. This research's population and sample are mining companies that publish annual reports and sustainability reports during 2015-2019, totaling 18 mining companies using the purposive sampling method. The number of analysis units used is 90. This study's type of data is secondary data obtained from the IDX website, namely www.idx.co.id. The data analysis technique uses multiple linear regression analysis using the eViews 10 application program. This study indicates that simultaneously environmental accounting disclosure, environmental performance disclosure, company size, and corporate social responsibility disclosure of firm value. However, partially, environmental accounting disclosure has a positive and insignificant effect on firm value, environmental performance disclosure has a negative and insignificant effect on firm value, firm size has no significant positive effect on firm value, and disclosure of corporate social responsibility has a negative but significant effect on firm value. Keywords: Firm Value, Environmental Accounting Disclosure, Environmental Performance Disclosure, Company Size, Corporate Social Responsibility Disclosure.