The effect of ownership structure on water disclosure in Indonesian companies

Wicaksono, Aditya Pandu; Setiawan, Doddy; Anni Aryani, Y.; Hartoko, Sri

doi:10.1016/j.joitmc.2023.100185

“…Dengan kepemilikan saham, diharapkan bahwa manajemen akan mengambil keputusan sejalan dengan keinginan pemilik saham utama, sehingga mereka akan termotivasi untuk bekerja dengan lebih gigih (Saftiana et al, 2017) H1: Kepemilikan Manajerial memiliki pengaruh positif terhadap Nilai Perusahaan Menurut Widianingsih (2018) bagian dari institutional ownership mencakup persentase kepemilikan saham oleh investor institusional pada akhir tahun. Keterlibatan kepemilikan institusional secara aktif mendorong perusahaan untuk menunjukkan akuntabilitas dan transparansi kepada semua pemangku kepentingan melalui pengungkapan informasi perusahaan (Wicaksono et al, 2023). Hal ini selaras dengan teori keagenan yang menunjukkan bahwa dominasi saham oleh pihak institusional memiliki dampak pada perubahan nilai perusahaan.…”

Section: Good Corporate Governanceunclassified

“…Menurut Widianingsih (2018) bagian dari institutional ownership mencakup persentase kepemilikan saham oleh investor institusional pada akhir tahun. Keterlibatan kepemilikan institusional secara aktif mendorong perusahaan untuk menunjukkan akuntabilitas dan transparansi kepada semua pemangku kepentingan melalui pengungkapan informasi perusahaan (Wicaksono et al, 2023). Hal ini selaras dengan teori keagenan yang menunjukkan bahwa dominasi saham oleh pihak institusional memiliki dampak pada perubahan nilai perusahaan.…”

unclassified

Pengaruh Good Corporate Governance, Firm Size Dan Investment Opportunity Terhadap Nilai Perusahaan (Tobin’s Q) Pada Perusahaan Yang Terdaftar Di Indeks Investor 33 Periode 2018-2022

Utami,

Paramita

2024

equilib. j. ilm. ekon. manaj. akunt.

0

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Nilai perusahaan mencerminkan keberhasilan manajemen dalam mengelola perusahaan, sehingga seringkali dipergunakan sebagai salah satu faktor pertimbangan investor dalam berinvestasi. Penelitian terkait faktor-faktor determinan yang mempengaruhi nilai perusahana menghasilkan kesimpulan yang beragam, sehingga penelitian tentang nilai perusahaan masih relevan dan menarik untuk diteliti. Pel nel litian ini bertujuan mel ngel tahui faktorfaktor yang berpengaruh terhadap nilai perusahaan dengan menetapkan variabel Good Corporatel Govel rnancel , Firm Sizel , Invel stmel nt Opportunity sebagai faktor deteminan. Penelitian menggunakan metode kuantitatif dengan analisis deskriptif kausalitas. Obyek penelitian adalah pel rusahaan yang tel rdaftar dalam Indel ks Invel stor33 pel riodel 2018-2022 yang berjumlah 54 perusahaan. Penarikan sampel l mel nggunakan teknikl purposivel sampling yang menghasilkan 9 perusahaan. Teknik analisis data menggunakan analisis rel grel si data panel l untuk pengujianl hipotel sis. Hasil penelitian menunjukkan bahwa kel pel milikan manajel rial, del wan komisaris indel pel ndel n, ukuran del wan direl ksi, ukuran del wan komisaris, dan firm sizel tidak bel rpel ngaruh tel rhadap nilai pel rusahaan, sel dangkan kel pel milikan institusional, dan invel stmel nt opportunity mel miliki pel ngaruh tel rhadap nilai pel rusahaan. Implikasi hasil penelitian ini, emiten dan investor perlu memperhatikan invel stmel nt opportunity yang terbukti mampu mempengaruhi nilai perusahaan.

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“…However, measurement is insufficient since senior management availability and engagement are also required. An empirical investigation of listed companies in Indonesia, Wicaksono et al (2024) indicates that the government might be an efficient player in actively pressing managers to disclose more water-related information. Therefore, it is notable that an executive engagement with water concerns, aligned with available water information to be measured, is essential to boost appropriate corporate water management.…”

Section: Water Resources Managementmentioning

confidence: 99%

“…Christ & Burritt, 2017aRussell, 2021). This reluctance to disclose water information might result from a range of inherent limitations, such as the ambiguity of key water concepts (Hewawithana et al, 2023), the lack of interest from large shareholders (Wicaksono et al, 2024) and communities (Egan et al, 2015), the concern about the authenticity of water data that may result in accusations of greenwashing (Liu et al, 2022), the necessity of embracing an effective interdisciplinary team Tingey-Holyoak & Pisaniello, 2019), and the disparity of water accounting frameworks available (Tingey-Holyoak & Pisaniello, 2019). So, wouldn't accounting contribute to the standardization and reporting of water information, given its role in reporting financial and non-financial information for more accurate decision-making?…”

Section: Corporate Water Reportingmentioning

confidence: 99%

Water Accounting

Meurer,

Michael van Bellen

2024

Rev. Cat. Cien. Cont.

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The urgent solutions required to avoid the increasingly frequent floods and droughts and many other issues regarding water access and management made water a subject that has attracted the attention of many – as they did with accounting professionals. Since businesses are among the largest consumers of freshwater worldwide, corporate engagement with water issues is required to safeguard the organization’s license to operate. Corporate Water Accounting then allows companies to determine the impacts of their water use and discharges on communities and ecosystems, evaluate their water-related material risks, track the effects of changes in their water management practices, and credibly report them to their stakeholders. Therefore, this theoretical essay addresses water issues within the accounting field by recognizing three interrelated approaches that drive corporate water accounting implementation - Water Risk, Water Resources Management, and Water Reporting. We acknowledge its concepts, some useful tools, and its most concerning challenges while tracing its current state, especially in Brazil, and our future expectations for water accounting development. Furthermore, based on the theoretical contributions discussed, we point out some challenges managers face and future research opportunities. We expect more accounting professionals and researchers to engage with corporate water accounting to overcome the gaps that challenge the field's development.

show abstract

“…However, measurement is insufficient since senior management availability and engagement are also required. An empirical investigation of listed companies in Indonesia, Wicaksono et al (2024) indicates that the government might be an efficient player in actively pressing managers to disclose more water-related information. Therefore, it is notable that an executive engagement with water concerns, aligned with available water information to be measured, is essential to boost appropriate corporate water management.…”

Section: Water Resources Managementmentioning

confidence: 99%

Water Accounting

Meurer,

Michael van Bellen

2024

Rev. Cat. Cien. Cont.

0

View full text Add to dashboard Cite

The urgent solutions required to avoid the increasingly frequent floods and droughts and many other issues regarding water access and management made water a subject that has attracted the attention of many – as they did with accounting professionals. Since businesses are among the largest consumers of freshwater worldwide, corporate engagement with water issues is required to safeguard the organization’s license to operate. Corporate Water Accounting then allows companies to determine the impacts of their water use and discharges on communities and ecosystems, evaluate their water-related material risks, track the effects of changes in their water management practices, and credibly report them to their stakeholders. Therefore, this theoretical essay addresses water issues within the accounting field by recognizing three interrelated approaches that drive corporate water accounting implementation - Water Risk, Water Resources Management, and Water Reporting. We acknowledge its concepts, some useful tools, and its most concerning challenges while tracing its current state, especially in Brazil, and our future expectations for water accounting development. Furthermore, based on the theoretical contributions discussed, we point out some challenges managers face and future research opportunities. We expect more accounting professionals and researchers to engage with corporate water accounting to overcome the gaps that challenge the field's development.

show abstract

The effect of ownership structure on water disclosure in Indonesian companies

Cited by 6 publications

References 71 publications

Pengaruh Good Corporate Governance, Firm Size Dan Investment Opportunity Terhadap Nilai Perusahaan (Tobin’s Q) Pada Perusahaan Yang Terdaftar Di Indeks Investor 33 Periode 2018-2022

Pengaruh Good Corporate Governance, Firm Size Dan Investment Opportunity Terhadap Nilai Perusahaan (Tobin’s Q) Pada Perusahaan Yang Terdaftar Di Indeks Investor 33 Periode 2018-2022

Water Accounting

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