Corporate Governance as Determinants of The Level of Corporate Social Responsibility (CSR) Disclosures in Companies’ Annual Reports
Abstract
The purpose of this study is to examine the Corporate Governance as Determinants of the level of Corporate Social Responsibility (CSR) information disclosed in the companies’ annual reports. This study hypothesizes that the number of independent members of board of commissioner, the size of audit committee, the external auditors, the proportion of blockholders have positive effects on the level of CSR disclosures in companies’ annual reports, while leverage factor has negative effect. Three control variables employed in the study which are size, profitability and the age of the company. The sample of the study consist of 96 annual reports 2004 of the companies listed at the Jakarta Stock Exchange. The empirical results of the study indicate that only the proportion of blockholders has statistically positive significant effects on the level of CSR disclosures in the companies annual reports. The empirical evidence of this study do not support the hypotheses stating that the number of independent members of BOC, the size of audit committee, and the external auditors have positive effect on the level of CSR disclosures.
DOI: http://dx.doi.org/10.20961/jab.v9i2.94
Jurnal Akuntansi dan Bisnis (JAB)
ISSN 1412-0852 (print), 2580-5444 (online)
Published by Accounting Study Program, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia
JAB on http://jab.fe.uns.ac.id/index.php/jab is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License
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