TATA KELOLA PERUSAHAAN MENINGKATKAN KINERJA LINGKUNGAN MELALU PERAN PENGUNGKAPAN CRS
Keywords:
Corporate Governance, CSR Disclosure, Environmental Performance
Abstract
An unavoidable fact in utilizing the optimization of the company's economic aspects, either directly or indirectly, is the minimization of the impact on environmental conditions. This study seeks to examine empirically to develop models and improve sustainable performance by using various research variables that have been reviewed by various previous researchers. such as corporate governance. The model in the bag at a manufacturing company in Central Java with a composition of 200 samples and data analysis using Amos 25 to obtain inferential statistical results using regression analysis.The results of this study indicate that all hypotheses proposed in this model are accepted and can provide a form of contribution to the development of science related to the acceptance of all hypotheses in the model.Further research in making empirical models based on integration models should add other variables outside of corporate governance and CRS disclosure to improve environmental performance such as corporate social performance, green supply chain management, and institutional pressure. The contribution of the theoretical aspects shown by the development of these findings can contribute to agency theory, and this operational management theory can provide recommendations for managers to improve company performance based on corporate governance.
References
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Administrative Science Quarterly, 493-511.
Aguilera, R. V., Jackson G. (2003). The cross-national diversity of corporate governance: Dimensions and determinants. Academy of Management Review, 28(3), 447–465, DOI: 10.5465/ AMR.2003.10196772
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Amore, M. D., & Bennedsen, M. (2016). Corporate governance and green innovation. Journal of Environmental Economics and Management, 75, 54-72.
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Babiak, K., Trendafilova, S. (2011). CSR and environmental responsibility: Motives and pressures to adopt green management practices. Corporate Social Responsibility and Environmental Management, 18, 11–24, DOI: 10.1002/csr.229
Berrone, P., Fosfuri A, Gelabert, L., Gomez-Mejia, L. R. (2013). Necessity as the mother of ‘green’ inventions: Institutional pressures and environmental innovations. Strategic Management Journal, 34(8), 891–909, DOI: 10.1002/smj.2041.
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Cox, N. J. (2013). Speaking Stata: Trimming to taste. The Stata Journal, 13(3), 640-666.
De Villiers, C., Naiker, V., & Van Staden, C. J. (2011). The effect of board characteristics on firm environmental performance. Journal of Management, 37(6), 1636-1663.
Deegan, C., & Gordon, B. (1996). A Study of the Enviromental Disclosure Practices of Australian Corporations. Accounting and Business Research, 26(3), 182–199.
Delmas, M. A. (2002). The diffusion of environmental management standards in Europe and the United States: An institutional perspective. Policy Sciences, 35(1), 91–119, DOI: 10.1023/A: 1016108804453
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Handayati, P., & Rochayatun, S. (2015). The Effect of Environmental Performance and Corporate Governance Mechanism on the Corporate Social Responsibility Disclosure. International Journal of Business, Economics and Law, 8(1), 80–87.
Haniffa, R. M., & Cooke, T. E. (2005). The impact of culture and governance on corporate social reporting. Journal of Accounting and Public Policy, 24(5), 391– 430. https://doi.org/10.1016/j.jaccpubpol.2005.06.001
Hapsoro, D. (2008). Pengaruh Mekanisme Corporate Governance Terhadap Kinerja Perusahaan: Studi Empiris Di Pasar Modal Indonesia. In Jurnal Akuntansi dan Manajemen (Vol. 19).
Hermiyetti, H., & Manik, E. N. (2016). The Influence of Good Corporate Governance Mechanism on Earnings Management: Empirical Study in Indonesian Stock Exchange Listed Company for Periods of 2006-2010. Indonesian Capital Market https://www.simplilearn.com/financial-performance-rar21-article
Huang H., Lobo G., Zhou J. (2009). Determinants and accounting consequences of forming a governance committee: Evidence from the United States. Corporate Governance: An International Review 17(6): 710–727, DOI: 10.1111/j.1467-8683.2009.00769.
Jang, E. K., Park, M. S., Roh, T. W., & Han, K. J. (2015). Policy instruments for eco-innovation in Asian countries. Sustainability, 7(9), 12586-12614.
Jatmiko, D. P., & Hidayat, S. (2016). Effects of Corporate Social Responsibility Disclosure and Environmental Performance to Financial Performance in Indonesia Stock Exchange. International Journal of Management and Commerce Innovations, 4(2), 617–628.
Kasmir. (2011). Analisis Laporan Keuangan. Jakarta: PT Raja Grafindo Persada.
Kock, C. J., Santalò J. & Diestre L. (2012). Corporate governance and the environment: What type of governance creates greener companies? Journal of Management Studies 49, 492-514.
Laan, S. Van Der. (2009). The Role of Theory in Explaining Motivation for Corporate Social Disclosures. Australasian Accounting, Business and Finance Journal, 3(4), 15–29.
Marn, J. T., & Romuald, D. F. (2012). The impact of corporate governance mechanism and corporate performance: A study of listed companies in Malaysia. J. Adv. Sci. Arts, 31-45.
Nouri, B. A., Sanayei, A., Fathi, S., Kazemi, A., & Soltani, M. (2016). Designing a model for the relationship between marketing activities and organization performance: Meta-analysis on the moderating role of research topic characteristics. International Journal of Management Studies, 23(2), 1-26.
Ortiz‐de‐Mandojana, N., Aguilera‐Caracuel, J., & Morales‐Raya, M.
Ortiz-de-Mandojana, N., Aguilera-Caracuel, J., Aragón-Correa J. (2010). The adjustment of the corporate governance structures to global sustainability. In Global Sustainability as a Business Imperative (pp. 127-146).Palgrave Macmillan, New York.Performance-Understanding its Concepts and Importance:
Purnomo, P. K., & Widianingsih, L. P. (2012). The Influence of Environmental Performance on Financial Performance with Corporate Social Responsibility (CSR) Disclosure as a Moderating Variable: Evidence from Listed Companies in Indonesia. Rev. Integr. Bus. Econ. Res., 1(1), 57–69.
Purwanto, A. (2011). Pengaruh Tipe Industri, Ukuran Perusahaan, Profitabilitas, Terhadap Corporate Social Responsibility. Jurnal Akuntansi Dan Auditing, 8(1), 12–29. https://doi.org/10.14710/jaa.v8i1.4344
Raar, J. (2002). Environmental initiatives: Towards triple-bottom line reporting. Corporate Communications: An International Journal, 7(3), 169–183. https://doi.org/10.1108/13563280210436781
Rawi. (2010). Kepemilikan Manajerial, Kepemilikan Institusi, Leverage, dan Corporate Social Responsibility. Simposium Nasional Akuntansi XIII.
Ross, S. A. (1973). The economic theory of agency: The principal’s problem. The American Economic Review, 63(2), 134-139.
Scott, W.R.(1987).The adolescence of institutional theory. Slawinski, N. E. K. (2012). Short on time: The role of organizational time orientation in business sustainability.Retrievedfrom https://www.researchgate.net/publication/276051270 _Short_on_time_The_role_of_time_in_business_sustainability
Sullivan, R. (2009). The management of greenhouse gas emissions in large European companies. Corporate Social Responsibility and Environmental Management, 16(6), 301–309, DOI: 10.1002/csr.18736 IJMS 25 (2), 19–37 (2018)
Tauringana, V., & Chithambo, L. (2015). The effect of DEFRA guidance on greenhouse gas disclosure. The British Accounting Review, 47(4), 425-444. The Effect of Environmental Performance, Corporate Social
Tricker, B. (2009). Corporate governance: Principles, policies and practices. Oxford University Press: New York.
Verma, E.(2012).Simplilearn. Retrieved Desember 20, 2018, from Financial
Walls, J. L., Berrone, P., & Phan, P. H. (2012). Corporate governance and environmental performance: Is there really a link? Strategic Management Journal, 33(8), 885-913.
Adam, M., Mukhtaruddin, & W Tantowi, R. A. A. (2013). Proper assessment and corporate financial performance: corporate social responsibility area disclosure as interviewing variable. Asian Academic Research Journal of Multidisciplinary, 1(1), 1–17.
Administrative Science Quarterly, 493-511.
Aguilera, R. V., Jackson G. (2003). The cross-national diversity of corporate governance: Dimensions and determinants. Academy of Management Review, 28(3), 447–465, DOI: 10.5465/ AMR.2003.10196772
Aguilera-Caracuel J, Ortiz-de-Mandojana N. (2013). Green innovation and financial performance: An institutional approach. Organization & Environment, 26(4), 365–385, DOI: 10.1177/1086026613507931
Amore, M. D., & Bennedsen, M. (2016). Corporate governance and green innovation. Journal of Environmental Economics and Management, 75, 54-72.
Angelia, D., & Suryaningsih, R. (2015). The Effect of Environmental Performance And Corporate Social Responsibility Disclosure Towards Financial Performance (Case Study to Manufacture, Infrastructure, And Service Companies That Listed At Indonesia Stock Exchange). Procedia - Social and Behavioral Sciences, 211, 348–355. https://doi.org/10.1016/j.sbspro.2015.11.045
Babiak, K., Trendafilova, S. (2011). CSR and environmental responsibility: Motives and pressures to adopt green management practices. Corporate Social Responsibility and Environmental Management, 18, 11–24, DOI: 10.1002/csr.229
Berrone, P., Fosfuri A, Gelabert, L., Gomez-Mejia, L. R. (2013). Necessity as the mother of ‘green’ inventions: Institutional pressures and environmental innovations. Strategic Management Journal, 34(8), 891–909, DOI: 10.1002/smj.2041.
Berrone, P., Gómez-Mejía, L. R. (2009). Environmental performance and executive compensation: An integrated agency-institutional perspective. Academy of Management Journal, 52(1), 103–126, DOI: 10.5465/AMJ.2009.36461950
Bertrand, M., & Mullainathan, S. (2003). Enjoying the quiet life? Corporate governance and managerial preferences. Journal of Political Economy, 111, 1043-1075.
Cox, N. J. (2013). Speaking Stata: Trimming to taste. The Stata Journal, 13(3), 640-666.
De Villiers, C., Naiker, V., & Van Staden, C. J. (2011). The effect of board characteristics on firm environmental performance. Journal of Management, 37(6), 1636-1663.
Deegan, C., & Gordon, B. (1996). A Study of the Enviromental Disclosure Practices of Australian Corporations. Accounting and Business Research, 26(3), 182–199.
Delmas, M. A. (2002). The diffusion of environmental management standards in Europe and the United States: An institutional perspective. Policy Sciences, 35(1), 91–119, DOI: 10.1023/A: 1016108804453
Delmas, M. A., Montes-Sancho, MJ. (2010). Voluntary agreements to improve environmental quality: Symbolic and substantive cooperation. Strategic Management Journal, 31(6), 575–601, DOI: 10.1002/smj.82635IJMS 25 (2), 19–37 (2018)
Dixon-Fowler, H. R., Ellstrand, A. E., & Johnson, J. L. (2017). The role of board environmental committees in corporate environmental performance. Journal of Business Ethics, 140(3), 423-438.
Emirzon, J. (2006). Regulatory Driven dalam Implementasi Prinsip-Prinsip Good Corporate Governance Pada Perusahaan di Indonesia. Jurnal Manajemen Dan Bisnis Sriwijaya, 4(8), 92–114. https://doi.org/10.1002/cncr.24177
Fauzi, A. (2016). Pengaruh Karakteristik Merek, Karakteristik Perusahaan dan Karakteristik Pelanggan-Merek Terhadap Loyalitas Merek. SEGMEN- Jurnal Manajemen Dan Bisnis, 12(1A), 1–12.
Frederick, H. (2006). Perilaku Organisasi (10 ed.). Yogyakarta: Andi. Gay, L. R., & Diehl, P. L. (1992). Research Methods for Busi ness and Management. NewYork: Macmillan.
Handayati, P., & Rochayatun, S. (2015). The Effect of Environmental Performance and Corporate Governance Mechanism on the Corporate Social Responsibility Disclosure. International Journal of Business, Economics and Law, 8(1), 80–87.
Haniffa, R. M., & Cooke, T. E. (2005). The impact of culture and governance on corporate social reporting. Journal of Accounting and Public Policy, 24(5), 391– 430. https://doi.org/10.1016/j.jaccpubpol.2005.06.001
Hapsoro, D. (2008). Pengaruh Mekanisme Corporate Governance Terhadap Kinerja Perusahaan: Studi Empiris Di Pasar Modal Indonesia. In Jurnal Akuntansi dan Manajemen (Vol. 19).
Hermiyetti, H., & Manik, E. N. (2016). The Influence of Good Corporate Governance Mechanism on Earnings Management: Empirical Study in Indonesian Stock Exchange Listed Company for Periods of 2006-2010. Indonesian Capital Market https://www.simplilearn.com/financial-performance-rar21-article
Huang H., Lobo G., Zhou J. (2009). Determinants and accounting consequences of forming a governance committee: Evidence from the United States. Corporate Governance: An International Review 17(6): 710–727, DOI: 10.1111/j.1467-8683.2009.00769.
Jang, E. K., Park, M. S., Roh, T. W., & Han, K. J. (2015). Policy instruments for eco-innovation in Asian countries. Sustainability, 7(9), 12586-12614.
Jatmiko, D. P., & Hidayat, S. (2016). Effects of Corporate Social Responsibility Disclosure and Environmental Performance to Financial Performance in Indonesia Stock Exchange. International Journal of Management and Commerce Innovations, 4(2), 617–628.
Kasmir. (2011). Analisis Laporan Keuangan. Jakarta: PT Raja Grafindo Persada.
Kock, C. J., Santalò J. & Diestre L. (2012). Corporate governance and the environment: What type of governance creates greener companies? Journal of Management Studies 49, 492-514.
Laan, S. Van Der. (2009). The Role of Theory in Explaining Motivation for Corporate Social Disclosures. Australasian Accounting, Business and Finance Journal, 3(4), 15–29.
Marn, J. T., & Romuald, D. F. (2012). The impact of corporate governance mechanism and corporate performance: A study of listed companies in Malaysia. J. Adv. Sci. Arts, 31-45.
Nouri, B. A., Sanayei, A., Fathi, S., Kazemi, A., & Soltani, M. (2016). Designing a model for the relationship between marketing activities and organization performance: Meta-analysis on the moderating role of research topic characteristics. International Journal of Management Studies, 23(2), 1-26.
Ortiz‐de‐Mandojana, N., Aguilera‐Caracuel, J., & Morales‐Raya, M.
Ortiz-de-Mandojana, N., Aguilera-Caracuel, J., Aragón-Correa J. (2010). The adjustment of the corporate governance structures to global sustainability. In Global Sustainability as a Business Imperative (pp. 127-146).Palgrave Macmillan, New York.Performance-Understanding its Concepts and Importance:
Purnomo, P. K., & Widianingsih, L. P. (2012). The Influence of Environmental Performance on Financial Performance with Corporate Social Responsibility (CSR) Disclosure as a Moderating Variable: Evidence from Listed Companies in Indonesia. Rev. Integr. Bus. Econ. Res., 1(1), 57–69.
Purwanto, A. (2011). Pengaruh Tipe Industri, Ukuran Perusahaan, Profitabilitas, Terhadap Corporate Social Responsibility. Jurnal Akuntansi Dan Auditing, 8(1), 12–29. https://doi.org/10.14710/jaa.v8i1.4344
Raar, J. (2002). Environmental initiatives: Towards triple-bottom line reporting. Corporate Communications: An International Journal, 7(3), 169–183. https://doi.org/10.1108/13563280210436781
Rawi. (2010). Kepemilikan Manajerial, Kepemilikan Institusi, Leverage, dan Corporate Social Responsibility. Simposium Nasional Akuntansi XIII.
Ross, S. A. (1973). The economic theory of agency: The principal’s problem. The American Economic Review, 63(2), 134-139.
Scott, W.R.(1987).The adolescence of institutional theory. Slawinski, N. E. K. (2012). Short on time: The role of organizational time orientation in business sustainability.Retrievedfrom https://www.researchgate.net/publication/276051270 _Short_on_time_The_role_of_time_in_business_sustainability
Sullivan, R. (2009). The management of greenhouse gas emissions in large European companies. Corporate Social Responsibility and Environmental Management, 16(6), 301–309, DOI: 10.1002/csr.18736 IJMS 25 (2), 19–37 (2018)
Tauringana, V., & Chithambo, L. (2015). The effect of DEFRA guidance on greenhouse gas disclosure. The British Accounting Review, 47(4), 425-444. The Effect of Environmental Performance, Corporate Social
Tricker, B. (2009). Corporate governance: Principles, policies and practices. Oxford University Press: New York.
Verma, E.(2012).Simplilearn. Retrieved Desember 20, 2018, from Financial
Walls, J. L., Berrone, P., & Phan, P. H. (2012). Corporate governance and environmental performance: Is there really a link? Strategic Management Journal, 33(8), 885-913.
Published
2022-01-04
Section
Articles
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