Political Connections and CSR Disclosures in Indonesia

Saraswati, Erwin; Sagitaputri, Ananda; Rahadian, Yan

doi:10.13106/jafeb.2020.vol7.no11.1097

Cited by 9 publications

(24 citation statements)

References 25 publications

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“…Selain dengan POJK No.51/POJK.03/2017, perusahaan milik negara/daerah juga dituntut untuk melaksanakan dan melaporkan aktivitas sosial yang dilakukannya, menurut Peraturan Menteri BUMN PER-05/MBU/04/2021. Hal tersebut sejalan dengan penelitian Saraswati et al, (2020) yang menemukan hubungan positif antara kepemilikan pemerintah dengan pengungkapan sustainability reporting. Perusahaan yang sebagian besar sahamnya menjadi milik pemerintah akan terpengaruh oleh hak suara yang dimiliki pemerintah (Eryadi et al, 2021).…”

Section: Pendahuluanunclassified

“…Legitimasi yang didapatkan dari aktivitas sosial perusahaan dapat digantikan dengan adanya keuntungan koneksi politik yang dimiliki perusahaan (Muttakin et al, 2018). Hal ini didukung oleh beberapa penelitian yang menunjukkan kecenderungan menurunnya pengungkapan tanggung jawab sosial pada perusahaan yang memiliki koneksi politik (Hung et al, 2018), (Jahid et al, 2020), dan (Saraswati et al, 2020). Berdasarkan hal tersebut, koneksi politik dan kepemilikan pemerintah merupakan dua kekuatan yang berlawanan dalam mempengaruhi pengungkapan tanggung jawab sosial perusahaan (Saraswati et al, 2020).…”

Section: Pendahuluanunclassified

“…Penelitian ini mereplikasi Saraswati et al, (2020) dengan beberapa perbedaan, yaitu pedoman pengungkapan yang dirujuk dan populasi penelitian. Pedoman pengungkapan sustainability reporting pada penelitian ini menggunakan pedoman yang dikeluarkan oleh OJK yaitu POJK No.51/POJK.03/2017.…”

Section: Pendahuluanunclassified

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Koneksi Politik, Kepemilikan Pemerintah dan Pengungkapan Sustainability Reporting

Sutawan

Sisdyani

2022

E-Jurnal Akuntansi

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Sustainability reporting is a report that contains information outside the company's financial performance. In recent years, there are much increase in the disclosure of sustainability reporting in Indonesia. The purpose of this study is to explain how political connections and government ownership affect the disclosure of sustainability reports. This research was conducted at companies from Indonesia that were ranked on ASRRAT in 2018-2020. Determination of the sample using a purposive sampling method with two criteria, such as companies that publish annual reports and sustainability reports from 2017-2019. The data in this study were analyzed using multiple linear regression analysis techniques. The results of this study indicate that political connections have a positive effect on the disclosure of the sustainability report, but government ownership does not affect the disclosure of the sustainability report. The results of this study also prove there is evidence from the theory of legitimacy, that is the company has a social contract, namely a sustainability report with its environment. Keywords: Sustainability Report; Political Connection; Government Ownership

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Section: Pendahuluanunclassified

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Koneksi Politik, Kepemilikan Pemerintah dan Pengungkapan Sustainability Reporting

Sutawan

Sisdyani

2022

E-Jurnal Akuntansi

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“…Penelitian terkait pengungkapan CSR menunjukan perbedaan hasil. Penelitian yang dilakukan oleh Huang & Zhao (2016), Rahman & Ismail (2016), Fu, (2019, dan Saraswati et al, (2020) yang menujukan bahwa koneksi politik memiliki pengaruh dalam pengungkapan CSR (tanggung jawab sosial). Penelitian lain, yang dilakukan oleh W. A.…”

Section: Pendahuluanunclassified

Pengaruh Koneksi Politik Dan Media Exposure Terhadap Pengungkapan Tanggung Jawab Sosial

Muliawati

Hariyati

2021

JAE

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This study aims to examine and analyze the influence of political connections and media exposure on disclosure of Corporate Social Responsibility (CSR). This research is a quantitative study using secondary data from annual reports and sustainability reports of 195 High Profile companies listed on the Indonesia Stock Exchange (IDX) in 2018-2019. This study uses the dependent variable in the form of CSR disclosure measured by the analytical method adopted from the research of Sembiring (2005). The independent variables in the form of political connections and media exposure are measured using dummy variables. The data analysis technique used is multiple linear regression analysis with SPSS software. The results of this study indicate that there is an influence of political connections and media exposure on disclosure of Corporate Social Responsibility (CSR).

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“…The relationship between political connections and voluntary disclosure is an open empirical question (Hung et al, 2018). The literature has shown both positive (Cheng et al, 2017;Dicko et al, 2020;Huang and Zhao, 2016;Zhang, 2017) and negative (Hung et al, 2018;Koprowski et al, 2019;Muttakin et al, 2018;Saraswati et al, 2020) associations between political connections and voluntary disclosure. According to Guo (2019) and Ramalho (2007), there is already a theoretical framework when it comes to political connections, but it is still scarce, if any, research dealing with political connections and corruption.…”

Section: Introductionmentioning

confidence: 99%

Are politically connected firms in Brazil worried about anti-corruption disclosure?

Barros

Santos

Melo

et al. 2021

JAEE

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PurposeDue to the mixed evidence regarding politically connected (PCON) firms and voluntary disclosure, the authors seek to investigate the direction of the association between Brazilian PCON firms and their level of information disclosed in the fight against corruption. This study is conducted in a developing country with a weak judicial system where board members or directors with political connections can operate without any oversights.Design/methodology/approachThe authors empirically test our hypothesis that voluntary anti-corruption disclosure is negatively associated with political connections. Content analysis, Wilcoxon Rank and Pearson Correlation were employed in a sample of 30 companies that belong to sectors with the highest risk of corruption, between 2014 and 2016, the period of Brazilian elections. A sample of 90 observations is used with data collected from annual reports of companies listed on the São Paulo Stock Exchange in Brazil.FindingsThe study’s results indicate a positive and significant association between the level of voluntary anti-corruption disclosure and corporate political connection, confirming our second hypothesis. PCON firms could seek to improve their legitimacy after recent corporate corruption scandals discovered in Brazil where government members participated in the schemes of bribe and money laundering and embezzlement. Although our sample is composed of firms in industries of high corruption risk, which could increase bias, the results improve the literature with empirical contribution that has given little attention to the issue.Originality/valueThe latest corruption scandals in Brazil showed that companies were involved with government officials, corruption is one of the country's biggest issues for diverting public resources to basic needs such as education and health. The relationship between political connections and voluntary disclosure is an open empirical question, particularly dealing with anti-corruption. The study’s findings bring light on the subject, which deserves greater attention not only from researchers but from the society that is most affected by corruption.

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Political Connections and CSR Disclosures in Indonesia

Cited by 9 publications

References 25 publications

Koneksi Politik, Kepemilikan Pemerintah dan Pengungkapan Sustainability Reporting

Koneksi Politik, Kepemilikan Pemerintah dan Pengungkapan Sustainability Reporting

Pengaruh Koneksi Politik Dan Media Exposure Terhadap Pengungkapan Tanggung Jawab Sosial

Are politically connected firms in Brazil worried about anti-corruption disclosure?

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