Corporate Social Disclosures By Indonesian Listed Companies

The issue of corporate social disclosure (CSD) has been of growing concern among businesses and communities globally, including those in Indonesia. As one of the big developing countries which offers a large domestic market and workforce. lndonesia is exposed to this issue. This study examines the extent of CSD in Indonesian listed companies by applying the content analysis method to company annual reports for the years 2003 to 2006. Prior studies have focused on exploring the theoretical framework, seeking the motivation for disclosures and obtaining certain stakeholder\u27s opinions regarding CSD. However, those studies were limited to developed countries and to select stakeholder groups for their perceptions. For these reasons, the current study proposes to enrich research into CSD, particularly by providing evidence from a large developing country in Asia, with an expanded research corpus. First, the practice of CSD in Indonesian listed companies was examined, including the trend and discussion about the nature of disclosures from the content analysis. Second, the importance of CSD information for stakeholders was investigated through the examination of a broader range of stakeholders (shareholders, employees, suppliers, customers, communities, and investors). Third, top management representatives of the listed companies were questioned to elicit company motivations and identify the most influential party to practise CSD. Finally, some variables including the company\u27s type and size, financial performance, percentage of ownership, creditors\u27 and auditors’ influences, and corporate age were examined to establish their relationships to the extent of CSD. A pilot study was undertaken prior to the main study as this research area is considered relatively new for Indonesia. The samples, including the issues of data collection questionnaires, and hypotheses were initially tested and the results were then used to redesign the main study. The main study findings indicate that the majority of hypotheses can be accepted and suggest that: (I) Every stakeholder group has significantly different perceptions of the importance of CSD information. but ‘product’ was identified as the most important information. (2) community\u27 was considered as the most influential party and creating a positive image· was the greatest motivation for companies to practise CSD; (3) There were significant positive trends in CSD quantity and quality from 2003 to 2006; (4) there were also significant differences between \u27state\u27 and non-state\u27 companies in the extent of CSD: and (5) company size. Financial performance, age and auditor\u27 influences were found to have a significant positive effect on the extent of CSD quantity and quality, ‘Company type\u27, however did not influence CSD significantly, and owners influence correlated positively rather than negatively to CSD, contradiction prior expectation. Mixed results were provided by the ·solvency ratio· as this variable had a significantly positive influence on CSD quantity, but not quality. The overall correlations between predictor a11d criterion variables are considered to be low, moderate, varied from 0.463 to 0.607 for correlation coefficients (R) and 0.215 to 0.368 for determination coefficients (R2) in the regression model. One of the major implications of this study underlines the significant and consistent influence on the extent of CSD by \u27 state owned\u27 companies in Indonesia when compared with that of ‘non-state owned\u27 companies. This appears to be an important variable and should be studied further. In addition, both stakeholder and legitimacy theories have been used to explain certain areas of CSD practices in Indonesia. The role of these theories may be sharpened or combined with other theories to build a clearer picture of the practices, especially to explain the gap that exists between stakeholder\u27s and company\u27s perspectives\u27. The findings on the items of CSD that were perceived as important by the Indonesian stakeholders can also be helpful in developing a CSD list for evaluating social reporting. The content analysis results provide valuable insights into the extent and nature of CSD and thus, this study motivates further research to re-assess the factors that influence CSD, the theoretical foundation, and the current issues affecting CSD practices in Indonesia

SUSTAINABILITY BLUE DISCLOSURES: INDEX DEVELOPMENT AND PRELIMINARY IMPLEMENTATION

The aim of this paper is to develop a sustainability blue disclosure index and evaluating the implementation to provide preliminary findings through the information disclosed in annual reports. This disclosure considers blue economy activities namely Sustainability Blue Disclosures (SBD). A qualitative approach was applied in this study by the content analysis method. This research uses saturated sampling, taken all available annual reports from the listed fisheries and marine companies from 2015 to 2019 at the Indonesia Stock Exchange. These results may indicate that the companies are in the early stage to understand sustainability issues, including the availability and quality of raw materials, changing of environmental quality, working capital performance, fluctuation of the foreign exchange rate, and demand from the global markets

PENGARUH KESADARAN ANTI-FRAUD, KESESUAIAN KOMPENSASI, DAN MORALITAS INDIVIDU TERHADAP KECENDERUNGAN KECURANGAN AKUNTANSI

This research aims to test empirically the influence of anti-fraud awareness, the realization of peace, and individual morality on the tendency for accounting to occur in manufacturing companies operating in the automotive industry and rubber component production mining located in the Tangerang City area. The research method used is a quantitative method. The data used in this research is primary data. The data collection instrument used in this research was a questionnaire distributed to employees at one of the manufacturing industrial rubber part component companies in the Tangerang City area. This research is based on the Purposive Sampling method. The total research data obtained was 150 respondents. Hypothesis testing in this research uses multiple regression analysis techniques with a statistical approach operated through the SPSS Statistics version 25 program. The results showed that anti-fraud awareness, compliance compensation, and individual morality effect the tendency of accounting fraud

RISK DISCLOSURES IN THE MOST ADMIRED COMPANY’S REPUTATION

This study aims to examine the influence of risk disclosures on a company's reputation, which was measured by the Indonesia’s Most Admired Company (IMAC) nomination in 2018. The sample applies the whole population registered in the IMAC. There were 133 companies which provided all data required. Using content analysis to calculate risk disclosures as independent variable and company's reputation by the Corporate Image Index (CII) as dependent variable, this study shows that risk disclosures has a significant influence on the company's reputation.The results provide a new perspective on disclosure risk and company’s reputation since previous studies were very limited searching on risk disclosures related to corporate image. Since CII is publicly available, the risk disclosures need to be paid attention to balance the information for the stakeholders. Hence, this study contributes greatly for both academic and practice to understand that risk information may impact the corporate reputation, and therefore, adequate and balance disclosure (negative and positive information) is required.  

SUSTAINABILITY BLUE DISCLOSURES: INDEX DEVELOPMENT AND PRELIMINARY IMPLEMENTATION

The aim of this paper is to develop a sustainability blue disclosure index and evaluating the implementation to provide preliminary findings through the information disclosed in annual reports. This disclosure considers blue economy activities namely Sustainability Blue Disclosures (SBD). A qualitative approach was applied in this study by the content analysis method. This research uses saturated sampling, taken all available annual reports from the listed fisheries and marine companies from 2015 to 2019 at the Indonesia Stock Exchange. These results may indicate that the companies are in the early stage to understand sustainability issues, including the availability and quality of raw materials, changing of environmental quality, working capital performance, fluctuation of the foreign exchange rate, and demand from the global markets

PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN CORPORATE GOVERNANCE TERHADAP AGRESIVITAS PAJAK

This study aims to find out the influence of corporate social responsibility (CSR) and corporate governance (CG) with tax aggressiveness. Sample in this study is 42 with criterias: companies in Indonesia whichprovide sustainability reports in 2014 and obtain positif profit.  Analysis were conducted byusing multiple regression analysis. The result shows that CSR significantly influencetax aggresiveness. The more extensive CSRdisclosures, it seems that companies tend to be more aggressive in applyingtax. On the other hand, this study finds that corporate governance (CG) does not significantly influence tax aggressiveness. A good corporate governance score doesnot mean an effective corporate governance mechanism in combating un ethical behavior of managers in managing taxes

Pengaruh Debt Covenant Dan Tunneling Incentive Terhadap Transfer Pricing

Abstract: This study aims to examine and analyze the relationship between Debt Covenants and Tunneling Incentives on transfer pricing, with company size as the control variable for companies listed on the Indonesia Stock Exchange during 2019-2021. The population used in this study are companies from the manufacturing industry sector which are listed on the Indonesia Stock Exchange which also publish Financial Statements for 2019-2021. The samples in this study were 41 companies and the total number of observations was 123. The data collection method was downloaded from the IDX website. The analytical method used is multiple linear regression analysis. The results of testing the hypothesis in this study indicate that the Tunneling Incentive variable has a positive and significant effect on transfer pricing with firm size as the control variable, while the Debt Covenant variable has no positive and significant effect on transfer pricing with firm size as the control variable.   Keywords: Transfer Pricing, Debt Covenant, Tunneling Incentive, Company size

The Effect Of Company Growth, Earnings Per Share, And Capital Structure On Dividend Policy With Company Age As A Control Variable

This study aims to examine the effect of Company Growth, Earnings Per Share, and Capital Structure on Dividend Policy with Company Age as a control variable. This research was conducted using quantitative methods and the data used in this study were secondary data. The population of this study is trading and investment service companies listed on the Indonesia Stock Exchange for the period 2018 –2022. The sample selection was carried out by purposive sampling method so that research samples were obtained from as many as 34 companies with a total of 167 observations. Research sample data comes from the company's annual report, especially financial statements, and is processed using the SPSS application version 25. The results of hypothesis testing in this study show that Company Growth has a significant negative effect on Dividend Policy, Earnings Per Share has a significant positive effect on Dividend Policy, and Capital Structure has no effect on Dividend Policy

TANGGUNG JAWAB SOSIAL, LINGKUNGAN DAN REPUTASI PERUSAHAAN: PENGUNGKAPAN PADA SITUS BANK

This research aims to provide evidence on the contents of corporate social and environmental responsibility (CSER) disclosures and company reputation on the three largest Banks (Bank Mandiri, Bank Central Asia and Bank Rakyat Indonesia) in Indonesia. CSER disclosures were measured through content analysis methods from the company’s’ websites, and company's reputation was measured through customer perceptions. The study was conducted through an online survey of 360 customers by undertaken non probability sampling and accidental sampling (convenience sampling). The results show that the majority of respondents agree with a good reputation after reading the Banks’ CSER websites. The dominant information of the Bank’s CSER website are community activities and programs, followed by environmental activities. Respondents stated that the Bank's reputation has been good and by reading the CSER website, the respondents felt more familiar with the Bank's activities. This familiarity adds a sense of customer’s closeness to the Bank. This research provides implementation contributions to the Bank and also provides empirical findings that can be used by other Banks in delivering CSER disclosures on the website. This research enhances to the depth of study in the field of CSER in the Indonesian context and contributes to the new insights for CSER research area

THE INFLUENCE OF RISK GOVERNANCE ON COMPANY PERFORMANCE

Banking can give an impact on the economic sector's improvement; if the banking sector is healthy, a nation's financial industry can also be regarded as beneficial. The OJK study indicates a decrease in bank credit compared to the previous year when it reached 11.7 per cent. This study aims at elucidating the empirical evidence that risky governance affects the performance of financial and banking firms. Panel data regression was used to analyze the data, and the sample consisted of banks listed on the IDX from 2017-2020. The findings of this study demonstrated that risk governance at the enterprise level, board-level control, and risk governance are affecting firm performance. The effectiveness of this research is that Management-Level RGOV tends to decrease profitability because of the additional costs related to its implementation. Financial regulators may find this a helpful result as feedback to evaluate the effectiveness of regulation and possible future improvements