ANALISIS ENVIRONMENTAL PERFORMANCE TERHADAP ENVIRONMENTAL DISCLOSURE PADA PERUSAHAAN PUBLIK PESERTA PROPER PERIODE 2006

Abstract

Companies' care ofnatural environmental problems is apart ofdimension CSR which needs to be concerned by companies because they are one of the environment polluting subjects. Environmental CSR disclosure is also need to be done as companies responsibilities and communication form to their various stakeholders. The purposes of this research are to know how environmental disclosure practices by public companies which participated PROPER and the affect of companies environmental performance to their disclosure based on economics based voluntary disclosure theory and legitimacy theory. This research was done based on purposive sampling that used 15 public companies which participated PROPER 2006 Multiple regression analysis is used to test the relation between environmental performance and environmental disclosure. Environmental performance used companies' PROPER rank; while environmental disclosure is analysed based on environmental disclosure index (which is discretionary) that developed by Clarkson, et al. (2007). The test result shows that environmental disclosure practices ofpublic companies which participated PROPER 2006 still low, based on environmental disclosure index's Clarkson, et al. (2007). According to the hypothesis test, it is known that environmental performance not affected significantly to companies' environmental disclosure. However, research's control variable partially (financing, profit margin, and public disclosure, except predisclosure environment) gives significant affection to environmental disclosure. Key words: environmental performance, environmental disclosure, economics based voluntary disclosure theory, legitimacy theory, PROPER.