How to Cite
Share
- Abstract 199
- PDF (English) 102
Abstract
Global warming, driven primarily by carbon emissions, poses a critical challenge worldwide, including in Indonesia. In response, the Indonesian government issued Law No. 71 of 2021 to mitigate risks and promote carbon emission reduction. This study examines the influence of media exposure, managerial ownership, and industry type on carbon emission disclosure (CED), employing a quantitative design with purposive sampling of 66 companies from 2020-2022, resulting in 198 data points. CED is assessed through direct greenhouse gas (GHG) emissions, indirect emissions from electricity, and other GHG emissions. Findings reveal an adjusted R-square of 53.9%, with media exposure and industry type significantly impacting CED positively. The study underscores the importance of organizations adopting carbon-friendly initiatives to reduce emissions in business operations. It highlights the need for stronger governmental regulations to enhance corporate awareness and compliance with carbon disclosure practices.
References
Almaeda, T. R., Pramuda, A. V. D., & Setiawan, D. (2023). Perkembangan Penelitian Carbon Disclosure di Indonesia. Reviu Akuntansi Dan Bisnis Indonesia, 7(1), 109–133. https://doi.org/10.18196/rabin.v7i1.17607
Ananzeh, H., Bugshan, A., & Amayreh, I. (2023). Does media exposure moderate the relationship between ownership structure and environmental disclosure quality: evidence from Jordan. Management of Environmental Quality: An International Journal, 34(1), 59–79. https://doi.org/10.1108/MEQ-12-2021-0293
Apriliana, E. (2019). Pengaruh Tipe Industri, Kinerja Lingkungan, Dan Profitabilitas Terhadap Carbon Emission Disclosure. WIDYAKALA JOURNAL, 6(1), 84. https://doi.org/10.36262/widyakala.v6i1.149
Asmeri, R., Ardiany, Y., Sari, R., Suarsa, A., & Sari, L. (2023). Disclosure of Carbon Emissions: Media Exposure, Industry Type, and Profitability of Food and Beverage Companies. Jurnal Riset Bisnis Dan Manajemen, 16(1), 98–106. https://doi.org/10.23969/jrbm.v16i1.7398
Budiharta, P., & Kacaribu, H. (2020). The Influence of Board of Directors, Managerial Ownership, and Audit Committee on Carbon Emission Disclosure: A Study of Non-Financial Companies Listed on BEI. Review of Integrative Business and Economics Research, 9(3), 75–87. https://sibresearch.org/uploads/3/4/0/9/34097180/riber_9-s3_06_h19-121_75-87.pdf
Burgwal, D. van de, & Vieira, R. J. O. (2014). Determinantes da divulgação ambiental em companhias abertas holandesas. Revista Contabilidade & Finanças, 25(64), 60–78. https://doi.org/10.1590/S1519-70772014000100006
Chen, H., An, M., Wang, Q., Ruan, W., & Xiang, E. (2021). Military executives and corporate environmental information disclosure: Evidence from China. Journal of Cleaner Production, 278, 123404. https://doi.org/10.1016/j.jclepro.2020.123404
Choi, B. B., Lee, D., & Psaros, J. (2013). An analysis of Australian company carbon emission disclosures. Pacific Accounting Review, 25(1), 58–79. https://doi.org/10.1108/01140581311318968
Christiana, I. (2020). Financial Ratio in the Analysis of Earnings Management. International Journal of Accounting & Finance in Asia Pasific, 3(1), 8–17. https://doi.org/10.32535/ijafap.v3i1.714
Destiyuanita, F., Muid, D., & Sugiharto. (2022). The Role of Environmental Management System, Environmental Performance, and Military Connections to Carbon Emission Disclosure. Jurnal AKSI (Akuntansi Dan Sistem Informasi), 7(2). https://doi.org/10.32486/aksi.v7i2.424
Dutta, P., & Dutta, A. (2024). Does corporate environmental performance affect corporate biodiversity reporting decision? The Finnish evidence. Journal of Applied Accounting Research, 25(1), 24–41. https://doi.org/10.1108/JAAR-06-2022-0148
Ekananda, M. (2016). Analisis Ekonometrika Data Panel untuk Penelitian Ekonomi dan Sosial. Mitra Wacana Media.
Elsayih, J., Tang, Q., & Lan, Y.-C. (2018). Corporate governance and carbon transparency: Australian experience. Accounting Research Journal, 31(3), 405–422. https://doi.org/10.1108/ARJ-12-2015-0153
Gerged, A. M. (2021). Factors affecting corporate environmental disclosure in emerging markets: The role of corporate governance structures. Business Strategy and the Environment, 30(1), 609–629. https://doi.org/10.1002/bse.2642
Ghasemi, A., & Zahediasl, S. (2012). Normality Tests for Statistical Analysis: A Guide for Non-Statisticians. International Journal of Endocrinology and Metabolism, 10(2), 486–489. https://doi.org/10.5812/ijem.3505
Giannarakis, G., Konteos, G., Sariannidis, N., & Chaitidis, G. (2017). The relation between voluntary carbon disclosure and environmental performance. International Journal of Law and Management, 59(6), 784–803. https://doi.org/10.1108/IJLMA-05-2016-0049
Gujarati, D. N., & Porter, D. C. (2014). Basic Econometrics (5th ed.). McGraw-Hill Education. https://doi.org/Basic Econometrics
Hamdiyani, A. N. (2023). the Effect of Profitability and Environmental Performance on the Disclosure of Carbon Emissions With Managerial Ownership As a Moderating Variable. Jurnal Magister Akuntansi Trisakti, 10(1), 99–118. https://doi.org/10.25105/jmat.v10i1.15388
Herdiawan, I. P. B., & Dewi, I. G. A. A. P. (2023). The effect of media exposure, type of companies, and environmental performance on carbon emission disclosure of Indonesia companies. Review of Management, Accounting, and Business Studies, 4(2), 94–102. https://doi.org/10.38043/revenue.v1i1.2670
Intergovernmental Panel on Climate Change (IPCC). (2023). Technical Summary. In Climate Change 2022 – Impacts, Adaptation and Vulnerability (pp. 37–118). Cambridge University Press. https://doi.org/10.1017/9781009325844.002
Ladista, R. D., Lindrianasari, & Syaipudin, U. (2023). Determinants of Carbon Emission Disclosure in Corporate Governance Perspective. Proceedings of the International Conference of Economics, Business, and Entrepreneur (ICEBE 2022), 349–357. https://doi.org/10.2991/978-2-38476-064-0_37
Liu, Z., Sun, H., & Tang, S. (2021). Assessing the impacts of climate change to financial stability: evidence from China. International Journal of Climate Change Strategies and Management, 13(3), 375–393. https://doi.org/10.1108/IJCCSM-10-2020-0108
Lumapow, L. S. (2019). The Effect of Investment and Non-Monotonic of Managerial Ownership on Corporate Value. International Journal of Applied Business and International Management, 4(1), 71–82. https://doi.org/10.32535/ijabim.v4i1.384
Meiryani, Huang, S. M., Warganegara, D. L., Ariefianto, M. D., Teresa, V., & Oktavianie, H. (2023). The Effect of Industrial Type, Environmental Performance and Leverage on Carbon Emission Disclosure: Evidence from Indonesian LQ45 Companies. International Journal of Energy Economics and Policy, 13(4), 622–633. https://doi.org/10.32479/ijeep.14466
Nasih, M., Harymawan, I., Putra, F. K. G., & Qotrunnada, R. (2019). Military experienced board and corporate social responsibility disclosure: an empirical evidence from Indonesia. Entrepreneurship and Sustainability Issues, 7(1), 553–573. https://doi.org/10.9770/jesi.2019.7.1(39)
Noh, J. H., & Park, H. (2023). Greenhouse gas emissions and stock market volatility: an empirical analysis of OECD countries. International Journal of Climate Change Strategies and Management, 15(1), 58–80. https://doi.org/10.1108/IJCCSM-10-2021-0124
Nugroho, W. (2022). The Effect of Good Corporate Governance Mechanism and Firm Size on Firm Value in Property and Real Estate Sector Companies Listed on the Indonesia Stock Exchange for the 2015-2019 Period. International Journal of Accounting Finance in Asia Pasific, 5(1). https://doi.org/10.32535/ijafap.v5i1.1407
Nursulistyo, E. D., Aryani, Y. A., & Bandi, B. (2022). The Disclosure of Carbon Emission in Indonesia: A Systematic Literature Review. Jurnal Dinamika Akuntansi Dan Bisnis, 10(1), 1–18. https://doi.org/10.24815/jdab.v10i1.27974
Pitrakkos, P., & Maroun, W. (2019). Evaluating the quality of carbon disclosures. Sustainability Accounting, Management and Policy Journal, 11(3), 553–589. https://doi.org/10.1108/SAMPJ-03-2018-0081
Pratiwi, P. C., & Sari, V. F. (2016). Pengaruh Tipe Industri, Media Exposure dan Profitabilitas terhadap Carbon Emission Disclosure. Wahana Riset Akuntansi, 4(2), 829–843. www.idx.co.id
Rusdi, R., & Helmayunita, N. (2023). Pengaruh Ukuran Perusahaan, Leverage dan Tipe Industri terhadap Carbon Emission Disclosure: Studi Empiris Pada Perusahaan Non Industri Jasa yang Terdaftar di BEI Tahun 2018-2020. Jurnal Eksplorasi Akuntansi, 5(2), 452–465. https://doi.org/10.24036/jea.v5i2.638
Saputri, N. A., & Fidiana, F. (2023). Pengaruh Media Exposure, Profitabilitas dan Ukuran Perusahaan terhadap Carbon Emission Disclosure. Jurnal Ilmu Dan Riset Akuntansi (JIRA), 12(8).
Setiany, E., Zamzami, A. H., & Ahmad, Z. (2022). Government Ownership, Media Exposure and Firm Characteristics on Carbon Emission Disclosure: The Case of Indonesia Manufacturing Industry. Review of Integrative Business and Economics Research, 11(2), 193–203.
Simamora, R. N. H., Safrida, & Elviani, S. (2022). Carbon emission disclosure in Indonesia: Viewed from the aspect of board of directors, managerial ownership, and audit committee. Journal of Contemporary Accounting, 1–9. https://doi.org/10.20885/jca.vol4.iss1.art1
Thirafi, H. (2021). BMKG: Waspada La Nina dan peningkatan risiko bencana hidrometerologi. Badan Meteorologi, Klimatologi, dan Geofisika (BMKG). Badan Meteorologi, Klimatologi, Dan Geofisika. https://www.bmkg.go.id/press-release/?p=bmkg-waspada-la-nina-dan-peningkatan-risiko-bencana-hidrometerologi&tag=press-release&lang=ID
Velte, P., Stawinoga, M., & Lueg, R. (2020). Carbon performance and disclosure: A systematic review of governance-related determinants and financial consequences. Journal of Cleaner Production, 254, 120063. https://doi.org/10.1016/j.jclepro.2020.120063
Wang, Z., Fu, H., Ren, X., & Gozgor, G. (2024). Exploring the carbon emission reduction effects of corporate climate risk disclosure: Empirical evidence based on Chinese A-share listed enterprises. International Review of Financial Analysis, 92, 103072. https://doi.org/10.1016/j.irfa.2024.103072
Waweru, N. (2020). Business ethics disclosure and corporate governance in Sub-Saharan Africa (SSA). International Journal of Accounting & Information Management, 28(2), 363–387. https://doi.org/10.1108/IJAIM-07-2019-0091
Wirawan, J., & Setijaningsih, H. T. (2022). Analisis Pengungkapan Emisi Karbon Di Indonesia. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 6(1), 235. https://doi.org/10.24912/jmieb.v6i1.18398
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Copyright (c) 2024 Febryanti Simon, Etty Muwarningsari, Maria Stefani Osesoga