PENGARUH KARAKTERISTIK CORPORATE GOVERNANCE TERHADAP LUAS PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY PADA INDUSTRI HIGH-PROFILE

MARDI, Aegidius and JANUARTI, Indira (2010) PENGARUH KARAKTERISTIK CORPORATE GOVERNANCE TERHADAP LUAS PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY PADA INDUSTRI HIGH-PROFILE. Fakultas Ekonomi Universitas Diponegoro, Jurusan Akuntansi.

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Abstract

This research aims to examine the effect of corporate governance characteristics to the extent of corporate responsibility disclosure in high-profile industries. The corporate governance characteristics are represented by the size of board of commisioners, number of independent commisioners in the board, number of independent commisioners in the audit committe, institusional ownership, management ownership, foreign ownership, and government ownership. Manufacturing and mining companies, as the proxies of high-profile industries, were choosen since they have the greatest impact to natural and social environment and suffer extensive press coverage. As much as 80 annual reports from 2007 and 2008 of 40 manufacturing and mining companies was analysed using content analysis method. This enables the assessment of Corporate Social Responsibility Index (CSRI) developed by Sembiring (2005). A multiple regression model has been built to examine the effect of the size of board of commisioners, number of independent commisioners in the board, number of independent commisioners in the audit committe, institusional ownership, management ownership, foreign ownership, and government ownership to CSRI. Paired t-test was also conducted to compare CSRI pre and post the application of UU No.40/2007. However, this research shows that the size of board of commisioners is found to be the only independent variable have significant effect to the extent of corporate social responsibility disclosure in high-profile industries. On the contrary, the number of independent commisioners in the board, number of independent commisioners in the audit committe, institusional ownership, management ownership, foreign ownership, and government ownership do not have significant effect to the extent of corporate social responsibility disclosure in high-profile industries. Moreover, despite institusional ownership, that represents ownership concentration, was predicted to have negative effect to the extent of corporate social responsibility disclosure in high-profile industries, it found to have positive effect to to the extent of corporate social responsibility disclosure. This research also found that there is a significant change on the extent of CSR disclosure post UU No.40/2007. The firms tends to disclose their social and environmental information more extensively than ever before. Keywords:corporate governance characteristics, corporate responsibility disclosure, high-profile industries

Item Type:Other
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:Faculty of Economics and Business > Department of Accounting
ID Code:16222
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:08 Jul 2010 11:04
Last Modified:08 Jul 2010 11:04

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