Analysis of sustainability reporting quality and corporate social responsibility on companies listed on the Indonesia stock exchange

Sebrina, Nurzi; Taqwa, Salma; Afriyenti, Mayar; Septiari, Dovi

doi:10.1080/23311975.2022.2157975

Cited by 17 publications

(11 citation statements)

References 40 publications

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“…The findings of this research prove that sustainability reporting is not the main commitment to measure sustainability performance by the energy sector in Indonesia. This is indicated by the large number of energy companies in Indonesia that are not committed to sustainability reporting practices and producing sustainability reports (Sebrina et al, 2023). There are various variations in the implementation of sustainability reporting obligations.…”

Section: Discussionmentioning

confidence: 99%

The Role of CSR Committee in the Sustainability Reporting on the Financial Performance of Energy Sector Companies in Indonesia

Paleni,

Nurazi,

Rahmayanti

2024

IJEBMR

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ESG issues have gained considerable attention as companies increasingly focus on disclosing both financial and non-financial information. This research aims to assess the partial and simultaneous impact of ESG performance on ROA and Tobin's Q, with moderation by the CSR committee. Disclosure information and financial data for companies in the energy sector companies in Indonesia were sourced from financial reports and sustainability reports. encompassing a total of 78 company period the years 2013 to 2022. After applying criteria for companies disclosing ESG information used standard GRI, a subset of 43 companies was identified. The analysis commenced with Chow test, Lagrange, and Hausman before moderation, followed by tests after moderation by the CSR committee using STATA. The research finding, before moderation by the CSR committee, revealed that ESG performance had a positive and significant impact on ROA, while its effect on Tobin's Q was negative and insignificant. Then moderation by the CSR committee, indicated that the presence of a CSR committee positively moderated the impact of ESG performance on ROA, albeit insignificantly. Regarding Tobin's Q, the CSR committee's presence negatively moderates the impact of ESG performance, with insignificance. Further examinations post-moderation revealed that the presence of a CSR committee does not exert a significant moderating effect. The findings of this research also show that in practice sustainability reporting in Indonesian energy sector companies has not met expectations regarding reporting of non-financial information. However, reporting non-financial information remains an effort to show the public that the company has tried to operate ethically and sustainably.

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Section: Discussionmentioning

confidence: 99%

The Role of CSR Committee in the Sustainability Reporting on the Financial Performance of Energy Sector Companies in Indonesia

Paleni,

Nurazi,

Rahmayanti

2024

IJEBMR

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“…This technique allows for the quantification of the presence, absence or amount of relevant data within the material being analyzed. Formerly, content analysis was used in numerous social science studies (Horani, 2023; Kothari et al , 2009; Kumar and Prakash, 2019; Monteiro et al , 2022; Sebrina et al , 2023).…”

Section: Methodology and Data Collectionmentioning

confidence: 99%

“…It encompasses the environmental management system, environmental policy and the revelation of both qualitative and quantitative data regarding environmental protection (Camilleri, 2017; Coupland, 2006; Di Tommaso and Thornton, 2020; Evangelinos and Nikolaou, 2009; Hossain et al , 2006; Kumar et al , 2021). The second dimension is social disclosure, which covers a wide range of banks’ socially responsible acts and includes community development programs, health-care programs, training and education programs, financial literacy initiatives and providing access to financial services to underprivileged groups in society (Achua, 2008; Aras et al , 2018; Barako and Brown, 2008; Di Tommaso and Thornton, 2020; Kumar and Prakash, 2020; Sebrina et al , 2023). The last broad aspect is corporate governance, which includes the CSR strategy, board meetings, sustainability strategy, risk management framework, shareholders’ rights, board structure, audit committee, ESG reporting and transparency (Alshbili et al , 2019; Amran et al , 2014; Aras et al , 2018; Birindelli et al , 2018; Cosma et al , 2021; Di Tommaso and Thornton, 2020; Hashim et al , 2015; Kavadis and Thomsen, 2023).…”

Section: Methodology and Data Collectionmentioning

confidence: 99%

Examine the level of environmental, social and governance disclosure in sustainability report – a study of the Indian banking sector

Mishra

Sant

2023

IJIS

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Purpose Sustainable development (SD) is widely acknowledged as the center around which all development efforts should revolve. Banking is a crucial component of SD, and the adoption of sustainable banking practices by various banking institutions is a powerful catalyst for its achievement. This paper aims to investigate the level of adoption of environmental, social and governance (ESG) indicators in India and the extent to which financial institutions use these strategies. In addition, the banks have been classified according to their sustainable banking performance and showing a relationship between ESG and sustainability. Design/methodology/approach An ESG framework has been developed for the Indian banking system that focuses on the behavior of banks. The evaluation of literature helps to identify the gaps in particular frameworks for analyzing sustainable banking practices in developing nations because of the variation in economic criteria between developed and developing countries. An attempt to construct a common framework for measuring the banking sector’s sustainable efforts has been done in the past. Specifically in India, where the social and environmental dimensions of sustainability are of equal importance to governance indicators, these studies fall short of providing relevant indicators. Multiple financial reports, nonfinancial reports, corporate social responsibility reports and business responsibility reports of this sector were analyzed using content analysis techniques against ESG indicators for sustainability attainment. Findings The result of this study shows that both the sectors are disclosing their environmental indicators more as compared to other dimensions. While the analysis says that private companies are going better than public companies in terms of disclosing their ESG indicators. As compared to the international banking sector, adoption of Global Reporting Initiatives standards, United Nations Environment Programme Financial Initiatives (UNEP FI), Green Credit Policy and Equator Principles (EP) is near to the ground in India. IDFC bank is the only entity that started implementing EP practices and Yes bank also is doing a wonderful implementation of the green policies and is the signatory to UNEP FI. Practical implications The current state of sustainable banking in India is reflected in the implementation of the proposed framework. To better integrate sustainability problems into banking, this study provides helpful information for banks and other stakeholders. In addition, this study corrects the lack of research in the Indian context on sustainable banking. Originality/value To the best of the authors’ knowledge by far, this is one of the prime studies to inspect the degree of ESG disclosure by the Indian banking sector in their sustainability report.

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“…The independent variable in this study is carbon emission disclosure. Carbon emission disclosure is used in this study using the same analysis content as in the previous study (Faisal et al, 2018;Machado, Dias, and Fonseca 2021;Muhammad and Aryani 2021;Sebrina, Taqwa, Afriyenti, and Septiari 2023). For index carbon emission assessment, use .…”

Section: The Impact Of Carbon Emission Disclosure On Financial Perfor...mentioning

confidence: 99%

Voluntary Disclosure: The Role of Institutional Ownership as a Moderating Variable Between Carbon Emission Disclosure to Financial Performance

Brilliani,

Setianingtyas Honggowati,

Christiyaningsih Budiwati

2024

reaksi

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Voluntary disclosure, especially disclosure of carbon emissions in mining companies, is still low. The purpose of this study is to analyze the impact of carbon emission disclosure on financial performance and to find out whether the ownership of institutions can moderate the impact of carbon emission disclosure on financial performance. The data for this study was collected from annual reports and sustainability reports. The sample for this research is 305 mining companies and transportation companies listed on the Indonesia Stock Exchange and Malaysia Stock Exchange in 2018 - 2022. The research model used is moderated regression analysis (MRA). The research results show that carbon emission disclosure has a negative effect on financial performance and institutional ownership can moderate the effect of carbon emission disclosure on financial performance. Disclosure of carbon emissions is so expensive that some companies do not disclose it. Disclosing information about carbon would be an advantage for companies. Keywords: Carbon Emission Disclosure, Financial Performance, Institutional Ownership.

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Analysis of sustainability reporting quality and corporate social responsibility on companies listed on the Indonesia stock exchange

Cited by 17 publications

References 40 publications

The Role of CSR Committee in the Sustainability Reporting on the Financial Performance of Energy Sector Companies in Indonesia

The Role of CSR Committee in the Sustainability Reporting on the Financial Performance of Energy Sector Companies in Indonesia

Examine the level of environmental, social and governance disclosure in sustainability report – a study of the Indian banking sector

Voluntary Disclosure: The Role of Institutional Ownership as a Moderating Variable Between Carbon Emission Disclosure to Financial Performance

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