JEFMS Journal

ABSTRACT:

Climate change is increasingly having a negative impact on people’s lives as well as the environment. Various diseases related to ambient air pollution are increasingly becoming the cause of death. Natural disasters also occur frequently, causing huge losses. Greenhouse gas emissions, often called carbon emissions, are one of the biggest causes of climate change. This research aims to provide empirical evidence regarding the effect of media exposure, environmental performance, and ISO 14001 certification on carbon emission disclosure. Research data were obtained from the Indonesia Stock Exchange website, the PROPER Secretariat website of the Ministry of Environment and Forestry in the Republic of Indonesia, and corporate media covering nonfinancial companies (energy, industry, basic materials, transportation and logistics). The research sample selection used purposive sampling, resulting in 95 unbalanced data for three years (2019-2021). This research uses panel data regression analysis to examine the effect of media exposure, environmental performance, and ISO 14001 certification on carbon emission disclosure. The results showed that media exposure and environmental performance positively affect carbon emission disclosure. Meanwhile, ISO 14001 certification has no effect on carbon emission disclosure.

KEYWORDS:

Media Exposure, Environmental Performance, ISO 14001 Certification, Carbon Emission Disclosure

REFERENCES:

1) Amaliyah, I. & Solikhah, B. (2019). Pengaruh Kinerja Lingkungan dan Karakteristik Corporate Governance Terhadap Pengungkapan Emisi Karbon. Journal of Economic, Management, Accounting and Technology, 2(2), 129–141. https://doi.org/10.32500/jematech.v2i2.720

2) Brown, N. & Deegan, C. (1998). The public disclosure of environmental performance information—a dual test of media agenda setting theory and legitimacy theory. Accounting and Business Research, 29(1), 21–41. https://doi.org/10.1080/00014788.1998.9729564

3) Choi, B. B., Lee, D. & Psaros, J. (2013). An analysis of Australian company carbon emission disclosures. Pacific Accounting Review, 25(1), 58–79. https://doi.org/10.1108/01140581311318968

4) Dani, I. M. & Harto, P. (2022). Pengaruh Kinerja Lingkungan dan Green Investment terhadap Pengungkapan Emisi Karbon. Diponegoro Journal of Accounting, 11(4), 1–10. http://ejournal-s1.undip.ac.id/index.php/accounting

5) Dewayani, N. P. E. & Ratnadi, N. M. D. (2021). Pengaruh Kinerja Lingkungan, Ukuran Perusahaan, Profitabilitas dan Pengungkapan Emisi Karbon. E-Jurnal Akuntansi, 31(4), 836–850. https://doi.org/10.24843/eja.2021.v31.i04.p04

6) Dowling, J. & Pfeffer, J. (1975). Organizational Legitimacy: Social Values and Organizational Behavior. The Pacific Sociological Review, 18(1), 122–136. https://doi.org/10.2307/1388226

7) Firmansyah, A., Jadi, P. H., Febrian, W. & Sismanyudi, D. (2021). Pengaruh Tata Kelola Perusahaan dan Ukuran Perusahaan Terhadap Pengungkapan Emisi Karbon di Indonesia. Jurnal Informasi, Perpajakan, Akuntansi, Dan Keuangan Publik, 16(2), 303–320. https://doi.org/10.25105/jipak.v16i2.9420

8) Florencia, V. & Handoko, J. (2021). Uji Pengaruh Profitabilitas, Leverage, Media Exposure Terhadap Pengungkapan Emisi Karbon Dengan Pemoderasi. Jurnal Riset Akuntansi Dan Keuangan, 9(3), 583–598. https://doi.org/10.17509/jrak.v9i3.32412

9) Freeman, R. E. & Reed, D. L. (1986). Stockholders and Stakeholders: A New Perspective on Corporate Governance. California Management Review, 25(3), 88.

10) Friedman, M. (1962). Capitalism and Freedom.

11) Gujarati, D. N. & Porter, D. C. (2012). Dasar-dasar Ekonometrika. Salemba Empat.

12) Iswati, S. & Setiawan, P. (2020). Green Earth: Carbon Emissions, ISO 14001, Governance Structures, Militarily Connected from the Manufacturing Industries in Indonesia. Journal of Accounting and Investment, 21(1). https://doi.org/10.18196/jai.2101134

13) Jannah, A. N. K. & Narsa, I. M. (2021). Factors That Can Be Predictors of Carbon Emissions Disclosure. Jurnal Akuntansi, 25(1), 70–84. https://doi.org/10.24912/ja.v25i1.725

14) Kasmiarno, K. S. & Mintaroem, K. (2017). Analisis Pengaruh Indikator Ekonomi dan Kinerja Perbankan Syariah terhadap Penyerapan Tenaga Kerja pada Perbankan Syariah di Indonesia Tahun 2008-2014. Jurnal Ekonomi Syariah Teori Dan Terapan, 4(1), 14–26.

15) Kılıç, M. & Kuzey, C. (2019). The effect of corporate governance on carbon emission disclosures. International Journal of Climate Change Strategies and Management, 11(1), 35–53. https://doi.org/10.1108/IJCCSM-07-2017-0144

16) Luo, W., Guo, X., Zhong, S. & Wang, J. (2019). Environmental information disclosure quality, media attention and debt financing costs: Evidence from Chinese heavy polluting listed companies. Journal of Cleaner Production, 231, 268–277. https://doi.org/10.1016/j.jclepro.2019.05.237

17) Maqfirah, P. A. & Fahrianta, R. Y. (2022). Faktor-Faktor yang Memengaruhi Pengungkapan Emisi Karbon Pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2016-2020. Prosiding National Seminar on Accounting UKMC, 1(1).

18) Mathews, M. R. (1995). Social and Environmental Accounting: A Practical Demonstration of Ethical Concern? Journal of Business Ethics, 14(8), 663–671.

19) Nachrowi, N. D. & Usman, H. (2006). Pendekatan Populer dan Praktis Ekonometrikas untuk Analisis Ekonomi dan Keuangan. Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.

20) Nurjanah, I. A. & Herawaty, V. (2022). Pengaruh Corporate Governance dan Media Exposure terhadap Carbon Emission Disclosure dengan Kinerja Lingkungan sebagai Variabel Moderasi. Jurnal Ekonomi Trisakti, 2(2), 1261–1272. https://doi.org/10.25105/jet.v2i2.14637

21) Purnayudha, N. A. & Hadiprajitno, P. T. B. (2022). Pengaruh Karakteristik Tata Kelola Perusahaan dan Kinerja Lingkungan terhadap Pengungkapan Emisi Karbon. Diponegoro Journal of Accounting, 11(1), 1–11. http://ejournal-s1.undip.ac.id/index.php/accounting

22) Setiany, E., Hidayah, N., Zamzami, A. H. & Ahmad, Z. (2022). Government Ownership, Media Exposure and Firm Characteristics on Carbon Emission Disclosure: The Case of Indonesia Manufacturing Industry. Review of Integrative Business and Economics Research, 11(2), 193–203. https://www.proquest.com/scholarly-journals/government-ownership-media-exposure-firm/docview/2717879097/se-2

23) Setiawan, P. & Iswati, S. (2019). Carbon Emissions Disclosure, Environmental Management System, and Environmental Performance: Evidence from the Plantation Industries in Indonesia. Indonesian Journal of Sustainability Accounting and Management, 3(2), 215. https://doi.org/10.28992/ijsam.v3i2.99

24) Sugiyono. (2019). Metode Penelitian Kuantitatif Kualitatif dan R&D. Alfabeta.

25) Tjaraka, H., Iswati, S., Sriasih, P. M. & Muryani. (2000). Analisis Reformasi Perpajakan dalam Kaitannya dengan Peningkatan Penerimaan Pajak Negara di Jawa Timur.

26) Widarjono, A. (2018). Ekonometrika: Pengantar dan Aplikasinya Disertai Panduan EViews (Kelima). UPP STIM YKPN.