Company Financial performance, Company characteristics and the quantity of environmental disclosure: Evidence from Singapore Indah Fajarini Sri Wahyuningrum(1*), Shanty Oktavilia(2), Badingatus Solikhah (1), Nilam Putri(1),Hadrian Geri Djajadikerta(3), Endang Tjahjaningsih (4)
(1*) Accounting Department, Faculty of Economics, Universitas Negeri Semarang (i.fajarini[at]mail.unnes.ac.id)
(2) Economics Department, Faculty of Economics, Universitas Negeri Semarang
(3) School of Business and Law, Edith Cowan University, Australia
(4) Department of Management, Faculty of Economics and Business, Unisbank
Abstract
Environmental disclosure is disclosed by company in an annual report or sustainability report as a form of responsibility to society and the environment. This study aims to examine the factors that influence environmental disclosure, consisting of profitability, leverage, company age, company size, industry type, and company age. Population in this study is non-financial companies listed on Singapore Exchange (SGX) in 2018. Purposive sampling is used as a sampling method, in order to obtain 61 companies as sample companies. Multiple linear analysis was used to test the effect between variables. The quantity of environmental disclosure is measured using the content analysis method. Profitability was measured by ROE and leverage was proxies by debt to total equity. Company size was measured by log of total assets and industry type used dummy variables for high profile and low profile industries. The result showed that company size has a significant positive effect on environmental disclosure. On the other hand, profitability, leverage and industry type have no significant effect on environmental disclosure. Based on the result test, large companies disclosed environmental disclosures as an effort to increase public trust and credibility
Keywords: Environmental disclosure, profitability, leverage, company age, comage,industry type
Topic: Environmental Science, Technology, and Education
