Journal of the Community Development in Asia
Vol 6, No 2 (2023): Journal of the Community Development in Asia (JCDA)

The Role of Environmental Performance in The Effect of Managerial Ownership, Independent Board of Commissioners, and Social Costs On Corporate Social Responsibility Disclosure

Nitya Sukhani (Institut Bisnis dan Informatika Kwik Kian Gie)
Hanif Hanif (Institut Bisnis dan Informatika Kwik Kian Gie)

Article Info

Publish Date
20 May 2023


Concerning the social and environmental effects of monetary action, corporate social responsibility disclosure has become a phenomenon. Good corporate governance (GCG), which includes managerial ownership, company characteristics like the percentage of independent commissioners, extra costs incurred by the company, and media exposure like environmental performance are some of the variables that affect a company’s disclosure. This study’s ideas include the signaling theory. According to the signaling theory, businesses want to lessen the information gaps between them and their stakeholders by being transparent about the social activities they support and engage in. The manufacturing companies that took part in PROPER and are registered on IDX in 2019-2021 are the subject of this study. Purposive sampling was the technique that was employed. There are 30 companies that meet the requirements, and a total of 90 companies were obtained. The SPSS 26 program and Warp PLS 7.0 were used to perform the data analysis techniques, including the comparison of coefficients (pooling), outer model test and inner model test. This hypothetical result demonstrated that only environmental performance has a positive and significant effect on corporate social responsibility disclosure, proving the need for the government to enact regulations requiring companies to take part in PROPER.

Copyrights © 2023

Journal Info







JCDA aims to feature narrative, theoretical, and empirically-based research articles. The journal also accepts articles with data taken from reflections as well as experiences (qualitative research) relevant to community development in Asia. As it explores the community development broadly, the ...