Determinants of carbon emission disclosure and the moderating role of environmental performance
AbstractThis study has three objectives: exploring carbon emissions disclosure practices in Indonesia, seeking factors that influence carbon emissions disclosure, and analyzing the moderating role of environmental performance on these factors. The novelty of this study lies in the detailed research...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2024-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2023.2300518 |
| _version_ | 1797294094396948480 |
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| author | I. F. S. Wahyuningrum M. Ihlashul’amal S. Utami H. G. Djajadikerta S. Sriningsih |
| author_facet | I. F. S. Wahyuningrum M. Ihlashul’amal S. Utami H. G. Djajadikerta S. Sriningsih |
| author_sort | I. F. S. Wahyuningrum |
| collection | DOAJ |
| description | AbstractThis study has three objectives: exploring carbon emissions disclosure practices in Indonesia, seeking factors that influence carbon emissions disclosure, and analyzing the moderating role of environmental performance on these factors. The novelty of this study lies in the detailed research on carbon emission practices in Indonesia and the moderation model, which refers to a combination of sociopolitical, economy-oriented, and institutional theories. The sample for this study comprises 165 firm years. This study uses a sample of nonfinancial companies with PROPER ratings listed on the Indonesian stock exchange from 2017 to 2021. The results indicate that carbon emissions disclosures in Indonesia are steadily increasing, with a slightly increasing year-to-year alignment with companies’ environmental performance. Regarding how companies disclose carbon emissions, they prefer numbers or countable information, focusing on standard information for carbon emissions disclosure and not disclosing their capital expenditure planning for carbon cost. The regression findings show that foreign boards, profitability, and media exposure significantly and positively influence carbon emissions disclosure. Moreover, leverage has a negative influence, and institutional ownership has an insignificant influence on the disclosure of carbon emissions. This study confirmed the moderating role of environmental performance variables in reversing the influence of independent factors. This study contributes to the literature on how companies practice carbon emissions disclosure and the role of environmental performance as a moderating factor in carbon emissions disclosure. |
| first_indexed | 2024-03-07T21:25:11Z |
| format | Article |
| id | doaj.art-b585893a762042a0bd0d6ee71e15fb4f |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-03-07T21:25:11Z |
| publishDate | 2024-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-b585893a762042a0bd0d6ee71e15fb4f2024-02-27T06:30:25ZengTaylor & Francis GroupCogent Business & Management2331-19752024-12-0111110.1080/23311975.2023.2300518Determinants of carbon emission disclosure and the moderating role of environmental performanceI. F. S. Wahyuningrum0M. Ihlashul’amal1S. Utami2H. G. Djajadikerta3S. Sriningsih4Department of Accounting, Faculty of Economics and Business, Universitas Negeri Semarang, Semarang, IndonesiaDepartment of Accounting, Faculty of Economics and Business, Universitas Negeri Semarang, Semarang, IndonesiaDepartment of Economics Development, Universitas Negeri Semarang, Semarang, IndonesiaSchool of Accounting, Economics and Finance, Faculty of Business and Law, Curtin University, Perth, Western Australia, AustraliaDepartment of Accounting, Faculty of Economics and Business, Universitas Negeri Semarang, Semarang, IndonesiaAbstractThis study has three objectives: exploring carbon emissions disclosure practices in Indonesia, seeking factors that influence carbon emissions disclosure, and analyzing the moderating role of environmental performance on these factors. The novelty of this study lies in the detailed research on carbon emission practices in Indonesia and the moderation model, which refers to a combination of sociopolitical, economy-oriented, and institutional theories. The sample for this study comprises 165 firm years. This study uses a sample of nonfinancial companies with PROPER ratings listed on the Indonesian stock exchange from 2017 to 2021. The results indicate that carbon emissions disclosures in Indonesia are steadily increasing, with a slightly increasing year-to-year alignment with companies’ environmental performance. Regarding how companies disclose carbon emissions, they prefer numbers or countable information, focusing on standard information for carbon emissions disclosure and not disclosing their capital expenditure planning for carbon cost. The regression findings show that foreign boards, profitability, and media exposure significantly and positively influence carbon emissions disclosure. Moreover, leverage has a negative influence, and institutional ownership has an insignificant influence on the disclosure of carbon emissions. This study confirmed the moderating role of environmental performance variables in reversing the influence of independent factors. This study contributes to the literature on how companies practice carbon emissions disclosure and the role of environmental performance as a moderating factor in carbon emissions disclosure.https://www.tandfonline.com/doi/10.1080/23311975.2023.2300518Determinantscarbon emission disclosurenon-financial companiesenvironmental performancemoderatingCollins Ntim, University of Southampton, United Kingdom of Great Britain and Northern Ireland |
| spellingShingle | I. F. S. Wahyuningrum M. Ihlashul’amal S. Utami H. G. Djajadikerta S. Sriningsih Determinants of carbon emission disclosure and the moderating role of environmental performance Cogent Business & Management Determinants carbon emission disclosure non-financial companies environmental performance moderating Collins Ntim, University of Southampton, United Kingdom of Great Britain and Northern Ireland |
| title | Determinants of carbon emission disclosure and the moderating role of environmental performance |
| title_full | Determinants of carbon emission disclosure and the moderating role of environmental performance |
| title_fullStr | Determinants of carbon emission disclosure and the moderating role of environmental performance |
| title_full_unstemmed | Determinants of carbon emission disclosure and the moderating role of environmental performance |
| title_short | Determinants of carbon emission disclosure and the moderating role of environmental performance |
| title_sort | determinants of carbon emission disclosure and the moderating role of environmental performance |
| topic | Determinants carbon emission disclosure non-financial companies environmental performance moderating Collins Ntim, University of Southampton, United Kingdom of Great Britain and Northern Ireland |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2023.2300518 |
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