Disclosure Effect of Carbon Emission and Corporate Social Responsibility to Financial Performance

Abstract

The objectives of this research are to examine the effect of Carbon Emission Disclosure and Corporate Social Responsibility Disclosure to financial performance. The objects of this study are consumer goods companies listed in Indonesia Stock Exchange (IDX) for the period 2015-2017. Panel data used in this study are unbalanced panels because a criteria is used for the targeted sample of consumer goods that achieve net profits during each study period so that not all companies have complete data for up to three periods. Total sample in this research are 92 companies, selected with purposive sampling, and analyzed by using multiple regression. The data used in this study are secondary data. The statistical sofware used is SPSS 24. The result of this research indicates that (1) Carbon Emission Disclosure had a positive significant effect on financial performance (2) Corporate Social Responsibility Disclosure had no significant effect on financial performance.

Keywords: Financial Performance, Carbon Emission Disclosure, Corporate Social Responsibility Disclosure

DOI: 10.7176/JESD/10-12-09

Publication date:June 30^th 2019