Karakteristik CEO dan Pengungkapan Informasi ESG Perusahaan Publik Indonesia
Abstract
This research aims to determine the influence of CEO educational background, CEO tenure and CEO age on ESG information disclosure. This research was conducted on manufacturing sector companies listed on the Indonesia Stock Exchange for the 2018-2021 period. The sample for this research was determined using a purposive sampling method with a sample of 32 observations. The collected data was analyzed using multiple linear regression. The results of the analysis show that the CEO educational background and CEO tenure variables do not have a significant influence on ESG distance, while CEO age has a negative influence on ESG distance. Research can provide information to companies in selecting CEOs with stereotypes by revealing ESG and factors that can influence it, namely the age of the CEO. It can be recommended that companies monitor ESG reporting and disclosure, while still considering the age of a CEO which influences ESG reporting.
Keywords: Educational Background; Tenure; Age; ESG
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References
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https://doi.org/.33736/ijbs.3779.2021
Tran, N. M., & Pham, B. N. (2020). The Influence of CEO Characteristics on Corporate Environmental Performance of SMEs: Evidence from Vietnamese SMEs. Management Science Letters, 10(8), 1671–1682. https://doi.org/10.5267/j.msl.2020.1.013
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https://doi.org/10.1108/SRJ-04-2019-0145
Everaert, P., Bouten, L., & Baele, A. (2019). CSR Website Disclosure: The Influence of the Upper Echelons. Accounting, Auditing & Accountability Journal, 32(2), 421–455.
https://doi.org/10.1108/AAAJ-03-2017-2882
Ghardallou, W. (2022). Corporate Sustainability and Firm Performance: The Moderating Role of CEO Education and Tenure. Sustainability, 14(6), 3513. https://doi.org/10.3390/su14063513
Ghozali, I. (2016). Aplikasi Analisis Multivariate dengan Program IBM SPSS 23. Semarang: Badan Penerbit Universitas Diponegoro
Gottesman, A. A., & Morey, M. R. (2015). CEO Educational Background and Firm Financial Performance. Journal of Applied Finance (Formerly Financial Practice and Education), 20(2), 70–82.
Hoque, A., Mohiuddin, M., & Su, Z. (2018). Effects of Industrial Operations on Socio-Environmental and Public Health Degradation: Evidence from A Least Developing Country (LDC). Sustainability (Switzerland), 10(11). https://doi.org/10.14453/aabfj.v14i2.3
Huang, C. F., & Lien, H. C. (2012). An Empirical Analysis of the Influences of Corporate Social Responsibility on Organizational Performance of Taiwan’s Construction Industry: Using Corporate Image as a Mediator. Construction Management and Economics, 30(4), 263–275. https://doi.org/10.1080/01446193.2012.668620
Kim, B., Lee, S., & Kang, K. H. (2018). The Moderating Role of CEO Narcissism on the Relationship Between Uncertainty Avoidance and CSR. Tourism Management, 63, 203–213.
https://doi.org/10.1016/j.tourman.2018.01.018
King, T., Srivastav, A., & Williams, J. (2016). What’s in an Education? Implications of CEO Education for Bank Performance. Journal of Corporate Finance, 37, 287–308.
https://doi.org/10.1016/j.jcorpfin.2016.01.003
Kristiawan, N. B. (2020). Ceo Characteristics, Ownership Concentration and Corporate Social Responsibility Disclosure. Jurnal Bisnis Dan Akuntansi, 22(2), 147–166.
https://doi.org/10.34208/jba.v22i2.701
Kutzschbach, J., Peetz, I., Tanikulova, P., & Willers, K. (2020). How CEO’s Education Impacts CSR Performance – An Empirical Analysis of Publicly Listed Companies in Germany. Management Studies, 10(3), 50–63.
Lewis, B. W., Walls, J. L., & Dowell, G. W. (2014). Difference in Degrees: CEO Characteristics and Firm Environmental Disclosure. Strategic Management Journal, 712–722.
https://doi.org/10.1002/smj.2127
Malik, F., Wang, F., Naseem, M. A., Ikram, A., & Ali, S. (2020). Determinants of Corporate Social Responsibility Related to CEO Attributes: An Empirical Study. SAGE Open, 10(1).
https://doi.org/10.1177/2158244019899093
McCarthy, S., Oliver, B., & Song, S. (2017). Corporate Social Responsibility and CEO Confidence. Journal of Banking & Finance, 75, 280–291. https://doi.org/10.1016/j.jbankfin.2016.11.024
Nuansari, S. D., & Windijarto, W. (2020). Kinerja Merger dan Akuisisi, Pengalaman Direktur, Usia Direktur, Masa Jabatan Direktur, dan Board Size di Indonesia. J-MKLI (Jurnal Manajemen Dan Kearifan Lokal Indonesia), 3(2), 84.
https://doi.org/10.26805/jmkli.v3i2.67
Oware, K. M., & Vitor, D. A. (2021). CEO characteristics and environmental disclosure of listed firms in an emerging economy: Does sustainability reporting format matter? Business Strategy & Development, 4(4), 399–410. https://doi.org/10.1002/bsd2.166
Pfeffer, J., & Fong, C. T. (2002). The End of Business Schools? Less Success Than Meets the Eye. Academy of Management Learning & Education, 1(1), 78–95. https://doi.org/10.5465/amle.2002.7373679
PROPER. (2020). PROPER 4.0 as SIMPEL as it is. Kementrian Lingkungan Hidup dan Kehutanan Republik Indonesia
RBC. (2018). Charting A Sustainable Advantage. Canada: RBC Global Asset Management
Setiawan, D., Hapsari, R. T., & Wibawa, A. (2018). Dampak Karakteristik Dewan Direksi terhadap Pengungkapan Corporate Social Responsibility pada Perusahaan Pertambangan di Indonesia. Jurnal Ilmiah Manajemen, 8(1), 1–15. https://doi.org/.3390/su13105567
Sugiyono. (2018). Metodelogi Penelitian Kuantitatif dan Kualitatif Dan R&D. Alfabeta.
Sumarta, N. H., Prabowo, M. A., Amidjaya, P. G., Supriyono, E., & Prameswari, A. P. (2021). CEO Characteristics and Environmental Performance: Evidence from Indonesian Banks. International Journal of Business and Society, 22(2), 1015–1033.
https://doi.org/.33736/ijbs.3779.2021
Tran, N. M., & Pham, B. N. (2020). The Influence of CEO Characteristics on Corporate Environmental Performance of SMEs: Evidence from Vietnamese SMEs. Management Science Letters, 10(8), 1671–1682. https://doi.org/10.5267/j.msl.2020.1.013
Triyani, A., & Setyahuni, S. W. (2020). Pengaruh Karakteristik Ceo Terhadap Pengungkapan Informasi Environmental, Social, and Governance (Esg). Jurnal Ekonomi Dan Bisnis, 21(2), 72. https://doi.org/10.30659/ekobis.21.2.72-83
Velte, P. (2019). Do CEO Incentives and Characteristics Influence Corporate Social Responsibility (CSR) and Vice Versa? A Literature Review. Social Responsibility Journal, 16, 1293–1323.
https://doi.org/10.1108/SRJ-04-2019-0145
Published
2023-12-30
How to Cite
YAPIANTO, Wilson; DEWI, Luh Gede Krisna.
Karakteristik CEO dan Pengungkapan Informasi ESG Perusahaan Publik Indonesia.
E-Jurnal Akuntansi, [S.l.], v. 33, n. 12, p. 3133-3144, dec. 2023.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/104549>. Date accessed: 23 nov. 2024.
doi: https://doi.org/10.24843/EJA.2023.v33.i12.p02.
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