The Impact of Ownership Structure on Carbon Emission Disclosure in Energy Companies
DOI:
https://doi.org/10.61132/ijema.v2i4.848Keywords:
Carbon Emission Disclosure, Indonesia Stock Exchange (IDX), Ownership StructureAbstract
Carbon emissions in Indonesia continue to increase in line with the growing energy consumption needed to meet public demands. Energy sector companies, which contribute significantly to carbon emissions, are expected to take responsibility for their operational activities. One form of accountability is through carbon emission disclosure as a means of transparency to stakeholders. This study aims to examine the impact of institutional ownership, managerial ownership, and foreign ownership on carbon emission disclosure. The research objects are energy sector companies listed on the Indonesia Stock Exchange (IDX) for the 2021–2023 period. The study utilizes secondary data derived from annual reports, with a sample of 35 companies and 95 observations in total. Hypothesis testing was conducted using the t-test. The results indicate that institutional ownership and foreign ownership have a positive effect on carbon emission disclosure, while managerial ownership has a negative effect on carbon emission disclosure.
Downloads
References
Adi, A. C. (2024). Pemerintah Sukses Tekan Emisi GRK dan Intensitas Energi Primer. Kementerian Energi Dan Sumber Daya Mineral Republik Indonesia. https://www.esdm.go.id/id/media-center/arsip-berita/pemerintah-sukses-tekan-emisi-grk-dan-intensitas-energi-primer
Afriyanti, A., & Luhgiatno. (2024). Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial dan Komite Audit Terhadap Pengungkapan CSR pada Perusahaan Manufaktur. Jurnal Ilmiah Fokus Ekonomi, Manajemen, Bisnis Dan Akuntansi, 105–114.
Aisyah, P. N., Pamungkas, N., Suryaningsum, S., Akuntansi, J., Ekonomi, F., Bisnis, D., Pembangungan, U., Veteran, N. ", & Yogyakarta, ". (2022). Pengaruh Kepemilikan Institusional, Kinerja Lingkungan, Profitabilitas, dan Pertumbuhan Terhadap carbon emission disclosure. In Jurnal Akuntansi Bisnis (Vol. 20, Issue 2).
Almuaromah, D., & Wahyono. (2022). Pengaruh Kinerja Lingkungan, Kepemilikan Institusional, Kepemilikan Manajerial, Profitabilitas dan leverage. Jurnal Ekonomi Dan Bisnis, 10(10), 578–586.
Amaliyah, I., & Solikhah, B. (2019). Pengaruh Kinerja Lingkungan dan Karakteristik Corporate Governance Terhadap Pengungkapan Emisi Karbon. Journal of Economic, Management, Accounting and Technology, 2(2), 129–141. https://doi.org/10.32500/jematech.v2i2.720
Ambarwati, Hapsoro, D., & Wicaksono, C. A. (2020). Relationship Analysis of Eco-Control, Company Age, Company Size, Carbon Emission Disclosure, and Economic Consequences. The Indonesian Journal Of Accounting Research, 23(2), 293–324.
Angelina & Handoko. (2023). Pengaruh Kepemilikan Institusional, Komite Audit, dan Kinerja Lingkungan terhadap Pengungkapan Emisi Karbon. Maret 2023, 21(1), 49–68. http://jurnalnasional.ump.ac.id/index.php/kompartemen/
Astari, A., Saraswati, E., & Purwanti, L. (2020). The Role of Corporate Governance as a Moderating Variable on Earnings Management and Carbon Emission Disclosure. Jurnal Dinamika Akuntansi Dan Bisnis, 7(1), 69–86. https://doi.org/10.24815/jdab.v7i1.15402
Budiyani, L. A. S., & Erawati, N. M. A. (2024). Impact of Board Size, Profitability, Public Ownership, and Media Exposure on CSR Disclosure. E-Jurnal Akuntansi, 34(5), 1301–1312. https://doi.org/10.24843/eja.2024.v34.i05.p17
Chandrarin, G. (2017). Metode Riset Akuntansi Pendekatan Kuantitatif. Salemba Empat.
Chen, M. (2019). Pengaruh Ukuran Dewan Komisaris Dan Kepemilikan Asing Terhadap Luas Pengungkapan Csr. EL Muhasaba Jurnal Akuntansi, 10(2), 141. https://doi.org/10.18860/em.v10i2.6721
Darma, B. D., Arza, F. I., & Halmawati, H. (2019). Pengaruh Pengungkapan Media, Kinerja Lingkungan Dan Kepemilikan Asing Terhadap Pengungkapan Corporate Social Responsbility: Jurnal Eksplorasi Akuntansi, 1(1), 78–89. https://doi.org/10.24036/jea.v1i1.63
Dasuki, R. . (2021). Manajemen Strategi : Kajian Teori Resource Based View. Coopetition : Jurnal Ilmiah Manajemen, 12(3), 447–454. https://doi.org/10.32670/coopetition.v12i3.710
Dewayani, N. P. E., & Ratnadi, N. M. D. (2021). Pengaruh Kinerja Lingkungan, Ukuran Perusahaan, Profitabilitas dan Pengungkapan Emisi Karbon. E-Jurnal Akuntansi, 31(4), 836–850. https://doi.org/10.24843/eja.2021.v31.i04.p04
Dewi, N. P. L. W., & Dewi, L. G. K. (2024). Sistem Manajemen Lingkungan, Kinerja Lingkungan, dan Pengungkapan Emisi Karbon Perusahaan Energi di Indonesia. E-Jurnal Akuntansi, 34(3), 611. https://doi.org/10.24843/eja.2024.v34.i03.p05
Di Febo, E., Angelini, E., & Le, T. (2023). From Transition Risks to the Relationship between Carbon Emissions, Economic Growth, and Renewable Energy. Risks, 11(12). https://doi.org/10.3390/risks11120210
Direktorat Inventarisasi Gas Rumah Kaca dan Monitoring Pelaporan dan Verifikasi. (2024). Emisi GRK Nasional. SIGN SMART. https://signsmart.menlhk.go.id/v2.1/app/
Dmytriyev, S. D., Freeman, R. E., & Hörisch, J. (2021). The Relationship between Stakeholder Theory and Corporate Social Responsibility: Differences, Similarities, and Implications for Social Issues in Management. Journal of Management Studies, 58(6), 1441–1470. https://doi.org/10.1111/joms.12684
Effendi, M. A. (2016). The Power of Good Corporate Governance: Teori dan Implementasi. Salemba Empat.
Fitria, D., & Damayanty, P. (2024). Pengaruh Struktur Kepemilikan Saham Dan Kinerja Lingkungan Terhadap Pengungkapan Tanggung Jawab Sosial Perusahaan. Management Studies and Entrepreneurship Journal (MSEJ), 5(1), 1248–1258.
Florencia, V., & Handoko, J. (2021). Uji Pengaruh Profitabilitas, Leverage, Media Exposure Terhadap Pengungkapan Emisi Karbon Dengan Pemoderasi. Jurnal Riset Akuntansi Dan Keuangan, 9(3), 583–598. https://doi.org/10.17509/jrak.v9i3.32412
Freeman, R. . (1984). Strategic Management: A Stakeholder Approach. Cambridge University Press.
Garanina, T., & Aray, Y. (2021). Enhancing CSR disclosure through foreign ownership, foreign board members, and cross-listing: Does it work in Russian context? Emerging Markets Review, 46, 100754. https://doi.org/10.1016/j.ememar.2020.100754
Gerged, A. M. (2021). Factors affecting corporate environmental disclosure in emerging markets: The role of corporate governance structures. Business Strategy and the Environment, 30(1), 609–629. https://doi.org/10.1002/bse.2642
Gheyathaldin Salih, L. (2024). Decarbonization and the obstacles to carbon credit accounting disclosure in financial statement reports: the case of UAE. Asian Journal of Accounting Research, 9(2), 169–180. https://doi.org/10.1108/AJAR-04-2023-0128
Ghozali, I. (2021). Aplikasi Analisis Multivariate dengan Program IBM SPSS 26 Edisi 10. Badan Penerbit Universitas Diponegoro.
Global Carbon Budget. (2023). Fossil CO2 emissions at record high in 2023. Global Carbon Budget. https://globalcarbonbudget.org/fossil-co2-emissions-at-record-high-in-2023/
Global Carbon Project. (2024). Global Carbon Atlas. Global Carbon Project. https://globalcarbonatlas.org/emissions/carbon-emissions/
Grediani, E., Hanny Yustrianthe, R., & Niandari, N. (2020). Pengaruh Corporate Governance terhadap Pengungkapan Emisi Gas Rumah Kaca dengan Peran Audit Internal sebagai Pemoderasi. In JIA (Jurnal Ilmiah Akuntansi) (Vol. 5, Issue 2).
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 International Journal of Economics, Management and Accounting
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
