Corporate social responsibility and corporate governance in Indonesian public listed companies
This study aims to investigate whether theree has been a change in the level of corporate social responsibility (CSR) disclosure and to examine whether corporate governance attributes influence CSR disclosure in corporate annual report of Indonesian public listed companies(PLCs). The annual reports...
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| Formatua: | Artikulua |
| Hizkuntza: | English |
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EDP Sciences
2017-01-01
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| Saila: | SHS Web of Conferences |
| Gaiak: | |
| Sarrera elektronikoa: | https://doi.org/10.1051/shsconf/20173413002 |
| _version_ | 1828902578424905728 |
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| author | Ika Siti Rochmah Dwiwinarno Titop Widagdo Ari Kuncara |
| author_facet | Ika Siti Rochmah Dwiwinarno Titop Widagdo Ari Kuncara |
| author_sort | Ika Siti Rochmah |
| collection | DOAJ |
| description | This study aims to investigate whether theree has been a change in the level of corporate social responsibility (CSR) disclosure and to examine whether corporate governance attributes influence CSR disclosure in corporate annual report of Indonesian public listed companies(PLCs). The annual reports of 115 PLC for two years (2011 and 2012) were analysed using content analysis. Multiple regression analysis was utilized to determine factors influencing CSR disclosure in annual reports. Consistent with expectations, the paired sample t-test showed that there was an increase (significant at the 1 percent level) in the extent of CSR disclosure. The multiple regression analysis revealed that audit committee effectiveness and company’s size were positively associated with the extent of CSR disclosure (significant at 5 per cent level). The findings appear to suggest that The Indonesian Capital Market and Financial Institutions Supervisory Agency (Bapepam LK) effforts in promoting CSR through the release of Regulation No X.K.6 in 2012 have had some positive impact on CSR disclosure in annual report. The results also suggest that the involvement of audit committee through its effectiveness in overseeing company’s financial reporting could lead to better concern in corporate social activities and hence disclosure in annual reports. This study however, has limitation that should be considered in interpreting the results. The regression model documented an R2 of 21.4 percent, which indicates that almost 80 percent of factors influencing CSR disclosure in Indonesian PLC have not been captured by the model. These other factors may perhaps be indentified in the next research. |
| first_indexed | 2024-12-13T16:19:09Z |
| format | Article |
| id | doaj.art-c1dd2b664f614bca85280e9bc3d3b164 |
| institution | Directory Open Access Journal |
| issn | 2261-2424 |
| language | English |
| last_indexed | 2024-12-13T16:19:09Z |
| publishDate | 2017-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj.art-c1dd2b664f614bca85280e9bc3d3b1642022-12-21T23:38:46ZengEDP SciencesSHS Web of Conferences2261-24242017-01-01341300210.1051/shsconf/20173413002shsconf_four2017_13002Corporate social responsibility and corporate governance in Indonesian public listed companiesIka Siti Rochmah0Dwiwinarno Titop1Widagdo Ari Kuncara2Accounting Department, Faculty of Economics, Janabadra UniversityManagement Department, Faculty of Economics, Janabadra UniversityAccounting Department, Faculty of Economics, Sebelas Maret University SoloThis study aims to investigate whether theree has been a change in the level of corporate social responsibility (CSR) disclosure and to examine whether corporate governance attributes influence CSR disclosure in corporate annual report of Indonesian public listed companies(PLCs). The annual reports of 115 PLC for two years (2011 and 2012) were analysed using content analysis. Multiple regression analysis was utilized to determine factors influencing CSR disclosure in annual reports. Consistent with expectations, the paired sample t-test showed that there was an increase (significant at the 1 percent level) in the extent of CSR disclosure. The multiple regression analysis revealed that audit committee effectiveness and company’s size were positively associated with the extent of CSR disclosure (significant at 5 per cent level). The findings appear to suggest that The Indonesian Capital Market and Financial Institutions Supervisory Agency (Bapepam LK) effforts in promoting CSR through the release of Regulation No X.K.6 in 2012 have had some positive impact on CSR disclosure in annual report. The results also suggest that the involvement of audit committee through its effectiveness in overseeing company’s financial reporting could lead to better concern in corporate social activities and hence disclosure in annual reports. This study however, has limitation that should be considered in interpreting the results. The regression model documented an R2 of 21.4 percent, which indicates that almost 80 percent of factors influencing CSR disclosure in Indonesian PLC have not been captured by the model. These other factors may perhaps be indentified in the next research.https://doi.org/10.1051/shsconf/20173413002Corporate social responsibilitycorporate social responsibility disclosurecorporate governanceaudit committeeaudit committee effectiveness |
| spellingShingle | Ika Siti Rochmah Dwiwinarno Titop Widagdo Ari Kuncara Corporate social responsibility and corporate governance in Indonesian public listed companies SHS Web of Conferences Corporate social responsibility corporate social responsibility disclosure corporate governance audit committee audit committee effectiveness |
| title | Corporate social responsibility and corporate governance in Indonesian public listed companies |
| title_full | Corporate social responsibility and corporate governance in Indonesian public listed companies |
| title_fullStr | Corporate social responsibility and corporate governance in Indonesian public listed companies |
| title_full_unstemmed | Corporate social responsibility and corporate governance in Indonesian public listed companies |
| title_short | Corporate social responsibility and corporate governance in Indonesian public listed companies |
| title_sort | corporate social responsibility and corporate governance in indonesian public listed companies |
| topic | Corporate social responsibility corporate social responsibility disclosure corporate governance audit committee audit committee effectiveness |
| url | https://doi.org/10.1051/shsconf/20173413002 |
| work_keys_str_mv | AT ikasitirochmah corporatesocialresponsibilityandcorporategovernanceinindonesianpubliclistedcompanies AT dwiwinarnotitop corporatesocialresponsibilityandcorporategovernanceinindonesianpubliclistedcompanies AT widagdoarikuncara corporatesocialresponsibilityandcorporategovernanceinindonesianpubliclistedcompanies |