Ownership Structure And Leverage On Esg Disclosure: The Perspective Of Stakeholder And Signaling Theory
Abstract
Keywords
Full Text:
PDFReferences
Agustina, D., & Lestari, H. S. (2022). The effect of ownership structure on corporate social responsibility moderated financial performance of food & beverage industry in Indonesia. International Journal of Education, Information Technology and Others, 5(August), 1–17. https://doi.org/https://doi.org/10.5281/zenodo.6972667
Albuquerque, R. A., Koskinen, Y. J., Yang, S., & Zhang, C. (2020). Love in the time of COVID-19: the resiliency of environmental and social stocks. SSRN Electronic Journal, (October), 1–37. https://doi.org/10.2139/ssrn.3583611
Ali, W., Wilson, J., & Husnain, M. (2022). Determinants / Motivations of Corporate Social Responsibility Disclosure in Developing Economies : A Survey of the Extant Literature. Sustainability, 14, 26.
Anisa, N., Hermuningsih, S., & Maulida, A. (2022). Pengaruh ukuran perusahaan, leverage, kebijakan dividen dan profitabilitas terhadap nilai perusahaan : Studi pada perusahaan manufaktur sector food and beverages. Exchall: Economic Challenge, 4(1), 1–15. https://doi.org/10.47685/exchall.v4i1.226
Anisah, N., & Hartono, U. (2022). Pengaruh kepemilikan institusional, kepemilikan manajerial, dan kepemilikan asing terhadap kinerja perusahaan subsektor tekstil dan garmen di bursa efek indonesia. Jurnal Ilmu Manajemen, 10(4), 1–9.
Apriliyani, W., & Novita. (2019). Implementation of CSR programs toward achievement of the SDGs target. Journal of Sutaatmadja (Accruals), 3, 19. Retrieved from https://ojs.stiesa.ac.id/index.php/accruals/article/view/37/14
Aristiningtyas, T. Pu., & Fidiana, F. (2023). Pengaruh kinerja environmental, social, governance (ESG) terhadap risiko investasi. Jurnal Ilmu Dan Riset Akuntansi, 1–16.
Azizah, L., & Munir, M. (2022). Analysis of the effect of company performance on company value with profitability as an intervening variable. European Journal of Business and Management Research, 7(3), 1–5. https://doi.org/10.24018/ejbmr.2022.7.3.1413 L.
Basuki, B., & Prawoto, P. (2017). Fixed Effect Model. Journal Article.
Brigham, & Houston. (2013). Signal Theory.
Bringham, & Houston. (2011). Definisi Teori Sinyal.
Bringham, & Houston. (2020). Definisi Teori Sinyal.
Chen, C., Wang, D., & Wang, B. (2021). Interface between context and theory: the application and development of Agency Theory in the Chinese context. International Journal of Emerging Markets, 18(1), 45–63. https://doi.org/10.1108/IJOEM-06-2019-0433
Chen, Y., Li, T., Zeng, Q., & Zhu, B. (2023). Effect of ESG performance on the cost of equity capital: evidence from China. International Review of Economics & Finance, 83, 348–364. https://doi.org/https://doi.org/10.1016/j.iref.2022.09.001
Cho, J., & Ryu, H. (2022). Impact of Managerial Ownership on Corporate Social Responsibility in Korea. Sustainability, 14, 14. https://doi.org/https://doi.org/ 10.3390/su142114507
Citterio, A., & King, T. (2023). The role of Environmental, Social, and Governance (ESG) in predicting bank financial distress. Finance Research Letters, 51(October 2022), 1–7. https://doi.org/10.1016/j.frl.2022.103411
Dakh, A. (2021). The impact of ownership structure on corporate social responsibility: the moderating role of financial performance. Society and Business Review. Retrieved from https://www.researchgate.net/publication/354093904_The_impact_of_ownership_structure_on_corporate_social_responsibility_the_moderating_role_of_financial_performance
Daniri, D. (2008). Pemahaman mengenai tanggung jawab sosial perusahaan memberikan pedoman bahwa perusahaan bukan lagi sebagai entitas yang hanya mementingkan perusahaan saja sehingga membatasi perusahaan dari lingkungan sekitar perusahaan tersebut, melainkan sebuah entitas .
Darsani, P. A., & Sukartha, I. M. (2021). The effect of nstitutional ownership, profitability, leverage and capital intensity ratio on tax avoidance. American Journal of Humanities and Social Sciences Research (AJHSSR), 5(1), 1–10. Retrieved from https://www.ajhssr.com/wp-content/uploads/2021/01/C215011322.pdf
Eliwa, Y., Aboud, A., & Saleh, A. (2021). ESG practices and the cost of debt: evidence from EU countries. Critical Perspectives on Accounting, 79, 102097. https://doi.org/https://doi.org/10.1016/j.cpa.2019.102097
Ellili. (2023). Kepentingan orientasi struktur kepemilikan terhadap ESG.
Fajrani, S. W. I., & Maya, S. A. (2023). Pengaruh ukuran perusahaan, ukuran dewan dan struktur kepemilikan terhadap environmental disclosure pada perusahaan sektor energi di Indonesia, Malaysia, Thailand dan Singapura tahun 2019. Journal of Accounting and Finance, 8(02), 1–17.
Falah, L. J., & Mita, F. (2020). Peran Narsisme CEO Terhadap Pengungkapan ESG di Negara ASEAN-5. Jurnal Riset Akuntansi Dan Keuangan, 8(2), 12.
Fambudi, I. N., Aryati, T., & Mayangsari, S. (2023). Effect of ESG disclosure, accrual quality, and asymmetric information on future stock returns with prudence as a moderator. The Journal of Futures Markets, 58(3), 1–27. https://doi.org/10.35741/issn.0258-2724.58.5.38
Freeman. (1984). Definisi Stakeholder.
Ghozali, G. (2016a). Koefisien Determinasi. Journal Article.
Ghozali, G. (2016b). Random Effect Model. Journal Article.
Ghozali, G. (2016c). Uji T. Journal Article.
Ghozali, G. (2017). Common Effect Model. Journal Article.
Ghozali, G. (2018a). Uji Asumsi Klasik. Journal Article. Retrieved from https://www.google.com/search?q=pengertian+uji+asumsi+klasik+menurut+sugiyono+2019&rlz=1C1VDKB_enID1087ID1087&oq=pengertian+uji+asumsi&gs_lcrp=EgZjaHJvbWUqBwgDEAAYgAQyBwgAEAAYgAQyBggBEEUYOTIHCAIQABiABDIHCAMQABiABDIICAQQABgWGB4yCAgFEAAYFhgeMggIBhAAGBYYHjIG
Ghozali, G. (2018b). Uji Autokorelasi. Journal Article. Retrieved from https://kc.umn.ac.id
Ghozali, G. (2018c). Uji Multikolinearitas. Journal Article. Retrieved from https://kc.umn.ac.id/
Ghozali, G. (2018d). Uji Normalitas. Journal Article. Retrieved from https://kc.umn.ac.id/
Ghozali, G. (2021). Memahami koefisien determinasi.
Ghozali, I., & Ratmono, D. (2017). Analisis multivariat dan ekonometrika : teori, konsep dan aplikasi dengan eviews 10.
Gujarati, D. N. (2022). Basic Econometrics. The Economic Journal (Vol. 4). https://doi.org/10.2307/2230043
Hair. (2019). Exploratory Data Analysis in Business and Economics.
HSBC. (2023). Investasi ESG dan berkelanjutan. Retrieved from https://www.hsbc.co.id
Investor.id. (2021). Emiten sudah implementasikan ESG. Retrieved from https://investor.id
Jahid, A. (2022). A longitudinal study of corporate social responsibility expenditure and ownership structure of financial firms “ A longitudinal study of corporate social responsibility expenditure and ownership structure of financial firms .” Bank Dan Sistem Perbankan, 17(January), 16. https://doi.org/http://dx.doi.org/10.21511/bbs.17(1).2022.03
Korniasari, S., & Adi, S. W. (2021). Pengaruh pertumbuhan perusahaan, ukuran perusahaan, leverage, dan kepemilikan saham publik terhadap pengungkapan corporate social responsibility (CSR).pdf. Proceeding Seminar Nasional & Call For Papers, 1–11.
Kumar, P., & Firoz, M. (2022). Does Accounting-based Financial Performance Value Environmental, Social and Governance (ESG) Disclosures? A detailed note on a corporate sustainability perspective. Australasian Accounting, Business and Finance Journal, 16(1), 34. https://doi.org/10.14453/aabfj.v16i1.4
Lim, B. G., & Hananto, H. (2021). Pengungkapan corporate social responsibility terhadap harga saham perusahaan. In Calyptra (Vol. 9). Retrieved from https://journal.ubaya.ac.id/index.php/jimus/article/view/4975%0Ahttps://journal.ubaya.ac.id/index.php/jimus/article/download/4975/3571
Lisin, A., Kushnir, A., Koryakov, A. G., Fomenko, N., & Shchukina, T. (2022). Financial stability in companies with high ESG scores: evidence from North America using the ohlson o-score. Sustainability, 1–13. https://doi.org/https://doi.org/10.3390/su14010479
Luqyana, I. (n.d.). ESG disclosure. Retrieved from www.esgi.ai
Martínez-Ferrero, J., & Lozano, M. B. (2021). The nonlinear relation between institutional ownership and environmental, social and governance performance in emerging countries. Sustainability (Switzerland), 13(3), 1–16. https://doi.org/10.3390/su13031586
Masyitoh, F. F., & Indrabudiman, A. (2024). Pengaruh profitabilitas, likuiditas, dan leverage terhadap pengungkapan environment, social & governance (ESG) dengan ukuran perusahaan sebagai variabel moderasi. Jurnal Disrupsi Bisnis, 7(2), 1–15. https://doi.org/http://dx.doi.org/10.32493/drb.v7i2.37724
Maukonda, R. M., Assih, P., & Subiyantoro, E. (2024). Mengoptimalkan nilai perusahaan mengungkap peran moderator kualitas audit dalam hubungan leverage, profitabilitas, dan ukuran perusahaan.pdf. JRAP (Jurnal Riset Akuntansi & Perpajakan). https://doi.org/https://doi.org/10.35838/jrap.2024.011.01.03
Mohammad, W. M. W., & Wasiuzzaman, S. (2021). Environmental, social and governance (ESG) disclosure, competitive advantage and performance of firms in Malaysia. Cleaner Environmental Systems, 2(January), 1–11. https://doi.org/10.1016/j.cesys.2021.100015
Oktafiyani, H., Puspawati, D., & Permatasari, W. D. (2024). Faktor-Faktor Yang Mempengaruhi Pengungkapan ESG Pada Perusahaan Di Indonesia. YUME: Journal of …, 7(2), 15. Retrieved from https://journal.stieamkop.ac.id/index.php/yume/article/view/6595%0Ahttps://journal.stieamkop.ac.id/index.php/yume/article/download/6595/4440
Oprean-Stan, C., Oncioiu, I., Iuga, I. C., & Stan, S. (2020). Impact of sustainability reporting and inadequate management of esg factors on corporate performance and sustainable growth. Sustainability (Switzerland), 12(20), 31. https://doi.org/10.3390/su12208536
Pangestuti, Y. (2022). Pengaruh kondisi keuangan terhadap pengungkapan corporate social responsibility dengan profile perusahaan sebagai variabel moderasi pada industri manufaktur yang terdaftar di bursa efek indonesia (BEI). ABIS: Accounting and Business Information Systems Journal, 10(2), 1–18. https://doi.org/10.22146/abis.v10i2.75068
Purba, S., & Silalahi, D. (2021). Jurnal Manajemen dan Bisnis. Jurnal Manajemen Dan Bisnis, 21(2), 1–13. Retrieved from http://ejournal.ust.ac.id/index.php/JIMB_ekonomi
Purnomo, M. H., Nuntupa, N., & Yuana, A. G. (2024). 24. Pengaruh ESG score terhadap saham dimoderasi oleh earnings per share.pdf. JEMSI (Jurnak Ekonomi, Manajemen dan Akuntansi). https://doi.org/https://doi.org/10.1108/SBR-01-2021-0013
Putri, C. D., & Hwihanus, H. (2023). Pengaruh leverage, kinerja keuangan, dan struktur modal terhadap financial distress dengan good corporate governance sebagai variabel intervening pada perusahaan subsektor farmasi yang terdaftar pada bursa efek indonesia (BEI). Menur Pumpungan, Kec. Sukolilo, Kota SBY, 1(2), 1–20.
Putri, W. A., Prihatni, R., & Murdayanti, Y. (2020). Pengaruh kesempatan bertumbuh, siklus konversi kas, pengeluaran modal, dan kepemilikan institusional terhadap cash holding. Jurnal Akuntansi, Perpajakan Dan Auditing, 1(1), 1–15.
Rahman, R. A., & Maha Faisal Alsayegh. (2021). Determinants of corporate environment, social and governance (ESG) reporting among asian firms. Journal of Risk and Financial Management, 1–13. https://doi.org/https://doi.org/10.3390/jrfm14040167
Rahmawati, I., Zakaria, A., & Zulaihati, S. (2021). Pengaruh ukuran perusahaan, kesempatan bertumbuh dan leverage terhadap koefisien respon laba. Jurnal Akuntansi, Perpajakan Dan Auditing, 2(1), 1–15. https://doi.org/http://doi.org/XX.XXXX/Jurnal
Ratri, M. C., & Harymawan, I. (2021). Busyness, tenure, meeting frequency of the CEOs, and corporate social responsibility disclosure. Sustainability, 13(May), 23. https://doi.org/10.3390/su13105567
Roestanto, A., Vivianita, A., & Nurkomalasari, N. (2022). Pengaruh ukuran perusahaan, umur perusahaan, jenis industri, dan struktur kepemilikan terhadap environmental, social, and governance (ESG) disclosure studi empiris perusahaan di Indonesia yang terdaftar di IDX 2017-2020). Jurnal Akuntansi STIE Muhammadiyah Palopo, 08(1), 1–18. Retrieved from https://journal.stiem.ac.id/index.php/jurakun/article/view/958/511
Sari, G. A. C. N., Yuniarta, G. A., & Wahyuni, M. A. (2018). Pengaruh mekanisme good corporate governance, profitabilitas, dan kinerja lingkungan terhadap environmental disclosure (studi pada perusahaan sektor pertambangan dan sektor perkebunan yang terdaftar di BEI dan terdaftar di proper tahun 2013-2017). JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha, 9(3), 11. Retrieved from https://ejournal.undiksha.ac.id/index.php/S1ak/article/view/16959/10156%0Ahttp://dx.doi.org/10.23887/jimat.v9i3.20450
Satrio, M. R. (2023). Praktik bisnis pun saat ini perlahan mulai bergeser dari pendekatan berbasis manajemen laba tradisional ke pendekatan yang juga memprioritaskan peningkatan kesejahteraan individu, masyarakat, dan lingkungan.
Sirait, K. N., & Fuad. (2020). Pengaruh corporate governance terhadap pengungkapan environmental, social, and governance (ESG) (Studi Empiris pada Perusahaan Non Keuangan yang terdaftar di Bursa Efek Indonesia Tahun 2015 - 2021). Diponogoro Journal of Accounting, 13, 1–15. Retrieved from https://repofeb.undip.ac.id/6910/
Soderlund, J., Ika, L. A., Soderlund, J., Munro, L. T., & Landoni, P. (2020). Cross-learning between project management and international development, analysis and research agenda. International Journal of Project Management, (November), 1–12. https://doi.org/10.1016/j.ijproman.2020.10.005
Solomon, S. (2007). Stakeholder theory menunjukkan bahwa perkembangan perusahaan dan bertambahnya dampak bagi lingkungan sekitar seharusnya diimbangi dengan pemenuhan akuntabilitas perusahaan terhadap berbagai sektor dalam masyarakat, tidak hanya terhadap shareholder-nya saj.
Spence. (1973). Definisi Teori Sinyal.
Stiadi, D., Wulansari Yusniar, M., & Abidin, M. Z. (2023). Moderasi ESG Risk pada Keputusan Investasi Terhadap Return Saham. Jurnal Bisnis Dan Pembangunan, 12(1), 8. https://doi.org/10.20527/jbp.v12i1.15510
Sugiyono, S. (2019a). Metode penelitian pendidikan (Kuantitatif, Kualitatif, Kombinasi, R&D Dan Penelitian Pendidikan).
Sugiyono, S. (2019b). Uji Asumsi Klasik. Journal Article. Retrieved from https://www.google.com/search?q=pengertian+uji+asumsi+klasik+menurut+sugiyono+2019&rlz=1C1VDKB_enID1087ID1087&oq=pengertian+uji+asumsi&gs_lcrp=EgZjaHJvbWUqBwgDEAAYgAQyBwgAEAAYgAQyBggBEEUYOTIHCAIQABiABDIHCAMQABiABDIICAQQABgWGB4yCAgFEAAYFhgeMggIBhAAGBYYHjIG
Suteja, J. (2020). Buku struktur kepemilikan perusahaan master. Research Gate.
Yoo, S., Keeley, A. R., & Managi, S. (2021). Does sustainability activities performance matter during financial crises? investigating the case of COVID-19. Energy Policy, 155(May), 1–11. https://doi.org/10.1016/j.enpol.2021.112330
Zaid, M. A. A., Abuhijleh, S. T. F., & Pucheta-Martínez, M. C. (2020). Ownership structure, stakeholder engagement, and corporate social responsibility policies: The moderating effect of board independence. Corporate Social Responsibility and Environmental Management, 27(3), 1–18. https://doi.org/10.1002/csr.1888
DOI: https://doi.org/10.33373/mja.v19i2.8832
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution 4.0 International License.
Office:
Department of Accounting Studies, Faculty of Economi and Bussines, Universitas Riau Kepulauan
unit F
Jl. Pahlawan No. 99, Bukit Tempayan, Batu Aji, Kota Batam
Contact: (0778) 39275
e-mail: measurement@journal.unrika.ac.id