Corporate Determinants of Carbon Accounting Disclosure: Evidence from Indonesia’s Energy Sector
Keywords:
Company size, Environmental performance, Institutional ownership, Audit committee, Carbon accounting disclosureAbstract
Study’s aims: This study aims to examine the effect of company size, environmental performance, institutional ownership, and audit committees on carbon accounting disclosure in energy companies listed on the Indonesia Stock Exchange (IDX) for the period 2019-2022. Design/Methodology/Approach: This study uses a quantitative method with purposive sampling. The sample was obtained from the annual reports and sustainability reports of energy companies listed on the Indonesia Stock Exchange (IDX). The population consisted of 84 companies, and the sample was selected based on predetermined criteria, resulting in a sample of 15 companies. Findings: The results show that company size has a significant effect on carbon accounting disclosure, while environmental performance, institutional ownership, and audit committees have no effect on carbon accounting disclosure. Theoretical contribution/Originality: The findings of this study indicate that larger companies tend to be more transparent in their carbon accounting disclosure than smaller companies. Practitioner/Policy implication: This study has implications for companies, regulators, and stakeholders to improve transparency regarding environmental impacts, as well as opening opportunities for further research on other factors that influence carbon accounting disclosure. Limitation/Implication: This study only focuses on energy sector companies in Indonesia. Further research should cover a broader sector and refine the methodology.
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