Kinerja Keuangan dan Lingkungan: Dampak Terhadap Pengungkapan Lingkungan di Indonesia
Keywords:
Pengungkapan Lingkungan, Kinerja Keuangan, Kinerja Lingkungan
Pengungkapan Lingkungan, Kinerja Keuangan, Kinerja Lingkungan
Abstract
Penelitian ini merupakan penelitian kuantitatif yang bertujuan untuk mengetahui pengaruh kinerja keuangan dan kinerja lingkungan terhadap pengungkapan lingkungan di Indonesia. Sampel penelitian adalah 28 perusahaan nonkeuangan yang terdaftar di Bursa Efek Indonesia dan mengikuti program PROPER tahun 2017–2019. Pengukuran pengungkapan lingkungan menggunakan GRI G4 dan GRI standards. Sementara kinerja keuangan dan kinerja lingkungan masing-masing diukur dengan rasio Return on Sales dan peringkat PROPER. Data penelitian didapatkan melalui laporan tahunan, laporan keberlanjutan, dan daftar peringkat PROPER yang dikeluarkan Kementerian Lingkungan Hidup dan Kehutanan. Pengujian hipotesis menggunakan analisis regresi linear berganda dengan program STATA versi 16 dan tingkat signifikansi 5%. Hasil penelitian menunjukkan bahwa hanya kinerja lingkungan yang berpengaruh signifikan positif terhadap pengungkapan lingkungan. Kinerja keuangan memiliki pengaruh signifikan negatif terhadap pengungkapan lingkungan. Sementara variabel kontrol firm size, leverage, strategic holdings, dan financial activities tidak memiliki pengaruh signifikan terhadap pengungkapan lingkungan di Indonesia.
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References
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Purnama, D. (2018). Analisis Karakteristik Perusahaan Dan Environmental Performance Terhadap Environmental Disclosure. Jurnal Riset Keuangan Dan Akuntansi, 3(2), 1–14. https://doi.org/10.25134/jrka.v4i1.1331
Rinsman, T. C. S., & Prasetyo, A. B. (2020). The Effects of Financial and Environmental Performances on Firm Value with Environmental Disclosure as an Intervening Variable. Jurnal Dinamika Akuntansi, 12(2), 90–99. https://doi.org/http://dx.doi.org/10.15294/jda.v12i2.24003
Rosa Portella, A., & Borba, J. A. (2020). Environmental disclosure in corporate websites: a study in Brazil and USA companies. RAUSP Management Journal, 55(3), 309–324. https://doi.org/10.1108/RAUSP-07-2018-0053
Sari, W. H., Agustin, H., & Mulyani, E. (2019). Pengaruh good corporate governance dan kinerja lingkungan terhadap pengungkapan lingkungan. Jurnal Eksplorasi Akuntansi, 1(1), 18–34.
Sarumpaet, S., Nelwan, M. L., & Dewi, D. N. (2017). The value relevance of environmental performance: Evidence from Indonesia. Social Responsibility Journal, 13(4), 817–827. https://doi.org/10.1108/SRJ-01-2017-0003
Ulan Noviani, N. K. D. N., & Alit Suardana, K. (2019). Pengaruh Ukuran Perusahaan, Political Cost Dan Kinerja Lingkungan Terhadap Environmental Disclosure Dalam Laporan Tahunan. E-Jurnal Akuntansi, 28(3), 1904. https://doi.org/10.24843/eja.2019.v28.i03.p17
Uyar, A., Kilic, M., & Bayyurt, N. (2013). Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies. Intangible Capital, 9(4), 1080–1112. https://doi.org/10.3926/ic.439
Wahyuningrum, I. F. S., Oktavilia, S., Putri, N., Solikhah, B., Djajadikerta, H., & Tjahjaningsih, E. (2021). Company financial performance, company characteristics, and environmental disclosure: evidence from Singapore. IOP Conference Series: Earth and Environmental Science, 623, 012065. https://doi.org/10.1088/1755-1315/623/1/012065
Wang, S., Wang, H., Wang, J., & Yang, F. (2020). Does environmental information disclosure contribute to improve firm financial performance? An examination of the underlying mechanism. Science of the Total Environment, 714(96), 136855. https://doi.org/10.1016/j.scitotenv.2020.136855
Welbeck, E. E., Owusu, G. M. Y., Bekoe, R. A., & Kusi, J. A. (2017). Determinants of environmental disclosures of listed firms in Ghana. International Journal of Corporate Social Responsibility, 2(1). https://doi.org/10.1186/s40991-017-0023-y
Yuliawati, G. A. W., & Wahyuni, M. A. (2020). Pengaruh Ukuran Perusahaan, Kinerja Keuangan, dan Kepemilikan Institusional Terhadap Pengungkapan Sosial dan Lingkungan Perusahaan. Vokasi Jurnal Riset Akuntansi, 9(1), 27–34.
Zeng, Y., Gulzar, M. A., Wang, Z., & Zhao, X. (2020). The effect of expected financial performance on corporate environmental responsibility disclosure: evidence from China. Environmental Science and Pollution Research, 27(30), 37946–37962. https://doi.org/10.1007/s11356-020-09719-8
https://majalahcsr.id/peluncuran-gri-standards-2018-membaca-arah-akuntabilitas-masa-depan/. Diakses pada 15 April 2021, pukul 13.31 WIB.
https://proper.menlhk.go.id/proper/sejarah. Diakses pada 1 Mei 2021, pukul 13.05 WIB.
Aryanti, F., & Aryani, Y. A. (2020). Kepemilikan Publik, Tipe Industri Dan Pengungkapan Lingkungan: Studi Komparatif Indonesia Dan Singapura. Wahana: Jurnal Ekonomi, Manajemen Dan Akuntansi, 23(2), 131–144. https://doi.org/10.35591/wahana.v23i2.241
Badan Pusat Statistik. (2018). Statistik Lingkungan Hidup Indonesia (SLHI) 2018. In Badan Pusat Statistik/BPS–Statistics Indonesia. https://doi.org/3305001
Brammer, S., & Pavelin, S. (2006). Voluntary environmental disclosures by large UK companies. Journal of Business Finance and Accounting, 33(7–8), 1168–1188. https://doi.org/10.1111/j.1468-5957.2006.00598.x
Chanifah, N., Ermaya, H. N. L., & Mashuri, A. A. S. (2019). Pengaruh Kinerja Lingkungan Dan Kinerja Keuangan Teradap Pengungkapan Informasi Lingkungan. Widyakala Journal, 6(1), 45. https://doi.org/10.36262/widyakala.v6i1.146
Chinedu, E. N., & Ogochukwu, O. G. (2019). RELATIONSHIP BETWEEN ENVIRONMENTAL ACCOUNTING DISCLOSURES AND FINANCIAL PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA. International Journal in Management and Social Science, 08(02), 209–228. http://ijmr.net.in
Deswanto, R. B., & Siregar, S. V. (2018). The associations between environmental disclosures with financial performance, environmental performance, and firm value. Social Responsibility Journal, 14(1), 180–193. https://doi.org/10.1108/SRJ-01-2017-0005
Diantimala, Y., & Amril, T. A. (2018). The Effect of Ownership Structure, Financial and Environmental Performances on Environmental Disclosure. Accounting Analysis Journal, 7(1), 70–77. https://doi.org/10.15294/aaj.v7i1.20019
Ermaya, H. nur laela, & Mashuri, A. A. S. (2018). Kinerja Perusahaan Dan Struktur Kepemilikan: Dampak Terhadap Pengungkapan Lingkungan. Jurnal Kajian Akuntansi, 2(2), 225. https://doi.org/10.33603/jka.v2i2.1746
Fontana, S., D’Amico, E., Coluccia, D., & Solimene, S. (2015). Does environmental performance affect companies’ environmental disclosure? Measuring Business Excellence, 19(3), 42–57. https://doi.org/10.1108/MBE-04-2015-0019
Gerged, A. M., Beddewela, E., & Cowton, C. J. (2021). Is corporate environmental disclosure associated with firm value? A multicountry study of Gulf Cooperation Council firms. Business Strategy and the Environment, 30(1), 185–203. https://doi.org/10.1002/bse.2616
Hadiningtiyas, S. W., & Mahmud, A. (2017). Determinant of Environmental Disclosure on Companies Listed in Indonesia Stock Exchange (IDX). Accounting Analysis Journal, 6(3), 380–393. https://doi.org/10.15294/aaj.v6i3.18898
Hapsoro, D., & Adyaksana, R. I. (2020). Apakah Pengungkapan Informasi Lingkungan Memoderasi Pengaruh Kinerja Lingkungan Dan Biaya Lingkungan Terhadap Nilai Perusahaan? Jurnal Riset Akuntansi Dan Keuangan, 8(1), 41–52. https://doi.org/10.17509/jrak.v8i1.19739
Joyce, S. P. (2020). Environmental Disclosure and Financial Performance of Listed Oil and Gas Companies in Nigeria : A Review on Literature. 22(9), 58–66. https://doi.org/10.9790/487X-2209035866
Karaman, A. S., Kilic, M., & Uyar, A. (2018). Sustainability reporting in the aviation industry: worldwide evidence. Sustainability Accounting, Management and Policy Journal, 9(4), 362–391. https://doi.org/10.1108/SAMPJ-12-2017-0150
Lu, Y., & Abeysekera, I. (2014). Stakeholders’ power, corporate characteristics, and social and environmental disclosure: Evidence from China. Journal of Cleaner Production, 64, 426–436. https://doi.org/10.1016/j.jclepro.2013.10.005
Nguyen, L. S., & Tran, M. D. (2019). Disclosure levels of environmental accounting information and financial performance: The case of Vietnam. Management Science Letters, 9(4), 557–570. https://doi.org/10.5267/j.msl.2019.1.007
Prihadianti, R. Y. (2011). Pengaruh kinerja lingkungan terhadap Return on Assets and Return on Sales Perusahaan Yang Terdaftar di Bursa Efek Indonesia Periode 2007-2011. Jurnal Akuntansi Unesa, 01(03), 1–20. https://jurnalmahasiswa.unesa.ac.id/index.php/jurnal-akuntansi/article/download/2292/1408
Purnama, D. (2018). Analisis Karakteristik Perusahaan Dan Environmental Performance Terhadap Environmental Disclosure. Jurnal Riset Keuangan Dan Akuntansi, 3(2), 1–14. https://doi.org/10.25134/jrka.v4i1.1331
Rinsman, T. C. S., & Prasetyo, A. B. (2020). The Effects of Financial and Environmental Performances on Firm Value with Environmental Disclosure as an Intervening Variable. Jurnal Dinamika Akuntansi, 12(2), 90–99. https://doi.org/http://dx.doi.org/10.15294/jda.v12i2.24003
Rosa Portella, A., & Borba, J. A. (2020). Environmental disclosure in corporate websites: a study in Brazil and USA companies. RAUSP Management Journal, 55(3), 309–324. https://doi.org/10.1108/RAUSP-07-2018-0053
Sari, W. H., Agustin, H., & Mulyani, E. (2019). Pengaruh good corporate governance dan kinerja lingkungan terhadap pengungkapan lingkungan. Jurnal Eksplorasi Akuntansi, 1(1), 18–34.
Sarumpaet, S., Nelwan, M. L., & Dewi, D. N. (2017). The value relevance of environmental performance: Evidence from Indonesia. Social Responsibility Journal, 13(4), 817–827. https://doi.org/10.1108/SRJ-01-2017-0003
Ulan Noviani, N. K. D. N., & Alit Suardana, K. (2019). Pengaruh Ukuran Perusahaan, Political Cost Dan Kinerja Lingkungan Terhadap Environmental Disclosure Dalam Laporan Tahunan. E-Jurnal Akuntansi, 28(3), 1904. https://doi.org/10.24843/eja.2019.v28.i03.p17
Uyar, A., Kilic, M., & Bayyurt, N. (2013). Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies. Intangible Capital, 9(4), 1080–1112. https://doi.org/10.3926/ic.439
Wahyuningrum, I. F. S., Oktavilia, S., Putri, N., Solikhah, B., Djajadikerta, H., & Tjahjaningsih, E. (2021). Company financial performance, company characteristics, and environmental disclosure: evidence from Singapore. IOP Conference Series: Earth and Environmental Science, 623, 012065. https://doi.org/10.1088/1755-1315/623/1/012065
Wang, S., Wang, H., Wang, J., & Yang, F. (2020). Does environmental information disclosure contribute to improve firm financial performance? An examination of the underlying mechanism. Science of the Total Environment, 714(96), 136855. https://doi.org/10.1016/j.scitotenv.2020.136855
Welbeck, E. E., Owusu, G. M. Y., Bekoe, R. A., & Kusi, J. A. (2017). Determinants of environmental disclosures of listed firms in Ghana. International Journal of Corporate Social Responsibility, 2(1). https://doi.org/10.1186/s40991-017-0023-y
Yuliawati, G. A. W., & Wahyuni, M. A. (2020). Pengaruh Ukuran Perusahaan, Kinerja Keuangan, dan Kepemilikan Institusional Terhadap Pengungkapan Sosial dan Lingkungan Perusahaan. Vokasi Jurnal Riset Akuntansi, 9(1), 27–34.
Zeng, Y., Gulzar, M. A., Wang, Z., & Zhao, X. (2020). The effect of expected financial performance on corporate environmental responsibility disclosure: evidence from China. Environmental Science and Pollution Research, 27(30), 37946–37962. https://doi.org/10.1007/s11356-020-09719-8
https://majalahcsr.id/peluncuran-gri-standards-2018-membaca-arah-akuntabilitas-masa-depan/. Diakses pada 15 April 2021, pukul 13.31 WIB.
https://proper.menlhk.go.id/proper/sejarah. Diakses pada 1 Mei 2021, pukul 13.05 WIB.
Published
2023-02-25
How to Cite
SyahriE. (2023, February 25). Kinerja Keuangan dan Lingkungan: Dampak Terhadap Pengungkapan Lingkungan di Indonesia. Journal of Economic, Management, Accounting and Technology, 6(1), 23-33. https://doi.org/https://doi.org/10.32500/jematech.v6i1.2605
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Articles
