PENGARUH KEPEMILIKAN MANAJERIAL, LEVERAGE, UKURAN PERUSAHAAN, TIPE INDUSTRI DAN UKURAN DEWAN KOMISARIS TERHADAP PENGUNGKAPAN AKUNTANSI LINGKUNGAN

Abstract

Environmental degradation issue is a concern by many stakeholders such as society, creditors, investors, and government. However, there are many companies do not aware about environmental sustainability because they think the cost will decrease company’s financial performance. Actually, environmental cost gives advantages for the company in the long-period. The company will get the benefit from environmental cost because the company recognized by the society and the government as the company that has social responsibility. The purpose of this study is to analyze the effect of managerial ownership, leverage, firm size, industry type, and size of the commissioners toward environmental accounting disclosure. Environmental accounting disclosure is measured by twenty items which consists of thirteen items relate to environmental and seven items relate to energy. Population of this study was 378 companies from all industry sectors listed on the Indonesia Stock Exchange in 2009-2011. Total sample were 128 companies and used non-probability sampling technique. Multiple linear regressions were used for hypothesis testing. Research finding shows that company size and industry type are significant positive effect on the environmental accounting disclosure. It means that big companies and high-profile are more transparent in environmental accounting disclosure than small companies and low-profile. Yet, leverage is significant negative on the environmental accounting disclosure. Managerial ownership and size of commissioners has no effect on environmental accounting disclosure.