EFFECT OF BOARD CHARACTERISTICS ON CARBON EMISSION DISCLOSURE IN ENERGY AND AGRICULTURAL SECTOR COMPANIES
Downloads
This study aims to examine the correlation between three dimensions of board characteristics, specifically, gender diversity, nationality diversity, and board independence with regards to carbon emission disclosure. This study adopted a quantitative approach utilizing multiple linear regression analysis. The sample consists of energy and agricultural firms which were listed on Bursa Efek Indonesia (BEI) between 2017 and 2021. Data were obtained from the annual and sustainability report of these companies. The research findings indicate that nationality diversity and board independence each possess a positive effect on carbon emission disclosure, whereas gender diversity does not show any influence. This study contributes to academic literature and offers an insight for any individuals concerned with carbon emission disclosure in Indonesia.
Andrew, J., & Cortese, C. (2011). Carbon Disclosures: Comparability, the Carbon Disclosure Project and the Greenhouse Gas Protocol. Australian Accounting Business and Finance Journal, 5(4), 5–18.
Asyifa, D. A., & Burhany, D. I. (2022). Carbon Emission Disclosure and Environmental Performance Effect on Firm Value. International Journal of Arts and Social Science, 5(7), 193–203. Retrieved from www.ijassjournal.com
Bui, B., Houqe, M. N., & Zaman, M. (2020). Climate governance effects on carbon disclosure and performance. British Accounting Review, 52(2). https://doi.org/10.1016/j.bar.2019.100880
CNBC. (2022, February 15). Gak Nyangka! RI Juara Ke-8 Penyumbang Emisi Karbon Dunia.
Estélyi, K. S., & Nisar, T. M. (2016). Diverse boards: Why do firms get foreign nationals on their boards? Journal of Corporate Finance, 39, 174–192. https://doi.org/10.1016/j.jcorpfin.2016.02.006
Ghozali, I. (2018). Aplikasi Analisis Multivariate Dengan Program IBM SPSS 25. Badan Penerbit Universitas Diponegoro.
Global Reporting Index. (2016). GRI 305: Emissions.
Hapsoro, D., & Ambarwati. (2018). ANTECEDENTS AND CONSEQUENCES OF CARBON EMISSIONS' DISCLOSURE: CASE STUDY OF OIL, GAS AND COAL COMPANIES IN NON-ANNEX 1 MEMBER COUNTRIES. Journal of Indonesian Economy and Business, 33(2), 99–111. Retrieved from http://journal.ugm.ac.id/jieb
Haque, F. (2017). The effects of board characteristics and sustainable compensation policy on carbon performance of UK firms. British Accounting Review, 49(3), 347–364. https://doi.org/10.1016/j.bar.2017.01.001
Hosny, K., & Elgharbawy, A. (2022). Board diversity and financial performance: empirical evidence from the United Kingdom. Accounting Research Journal, 35(4), 561–580. https://doi.org/10.1108/ARJ-02-2020-0037
Irwhantoko, I., & Basuki, B. (2016). Carbon Emission Disclosure: Studi pada Perusahaan Manufaktur Indonesia. Jurnal Akuntansi Dan Keuangan, 18(2). https://doi.org/10.9744/jak.18.2.92-104
Kementerian Lingkungan Hidup dan Kehutanan. (2020). Laporan Inventarisasi Gas Rumah Kaca dan Monitoring, Pelaporan, Verifikasi.
Kementerian Perindustrian. (2021). Booklet Informasi Industri.
Kılıç, M., & Kuzey, C. (2019). The effect of corporate governance on carbon emission disclosures: Evidence from Turkey. International Journal of Climate Change Strategies and Management, 11(1), 35–53. https://doi.org/10.1108/IJCCSM-07-2017-0144
Liao, L., Luo, L., & Tang, Q. (2015). Gender diversity, board independence, environmental committee and greenhouse gas disclosure. British Accounting Review, 47(4), 409–424. https://doi.org/10.1016/j.bar.2014.01.002
Luo, L., & Tang, Q. (2016). Determinants of the Quality of Corporate Carbon Management Systems: An International Study. International Journal of Accounting, 51(2), 275–305. https://doi.org/10.1016/j.intacc.2016.04.007
Mardini, G. H., & Lahyani, F. E. (2021). Impact of foreign directors on carbon emissions performance and disclosure: empirical evidence from France. Sustainability Accounting, Management and Policy Journal, 13(1), 221–246. https://doi.org/10.1108/SAMPJ-09-2020-0323
Ministry of Environment and Forestry. (2022). Enhanced Nationally Determined Contribution Republic of Indonesia.
Nasih, M., Harymawan, I., Paramitasari, Y. I., & Handayani, A. (2019). Carbon emissions, firm size, and corporate governance structure: Evidence from the mining and agricultural industries in Indonesia. Sustainability (Switzerland), 11(9). https://doi.org/10.3390/su11092483
Saraswati, E., Puspita, N. R., & Sagitaputri, A. (2021). Do firm and board characteristics affect carbon emission disclosures? International Journal of Energy Economics and Policy, 11(3), 14–19. https://doi.org/10.32479/ijeep.10792
Copyright (c) 2024 Joceline Chika, Luky Patricia Widianingsih
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with Berkala Akuntansi dan Keuangan Indonesia agree to the following terms:
The journal allows the author to hold the copyright of the article without restrictions.
The journal allows the author(s) to retain publishing rights without restrictions
The legal formal aspect of journal publication accessibility refers to Creative Commons Attribution (CC BY NC SA)
BAKI (Berkala Akuntansi dan Keuangan Indonesia) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
