Lindrianasari, Lindrianasari (2016) Investigative Studies on Environmental Disclosure and the Costs of R&D as a Compliance with Government Policy on Corporate Social Responsibility in Indonesia. International Journal of Environment and Sustainability [IJES], 5 (2). pp. 61-71. ISSN 1927-9566
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Abstract
The research objective is to provide empirical evidence on companies’ responsibility to achieve sustainable development, not only for Indonesia but for the world. This study investigated the allocation of research and development costs as other government regulations issued related to the environment i.e., in 2004, 2007, and 2012. Samples observations as many as 246 companies in 11 years. This study separately examined the enforcement of laws related to the environment three times (2004, 2007, and 2012). The test results show that the disclosure of environmental information by food and beverage companies in Indonesia increased significantly after the legislation was issued. This finding suggests that since the Indonesian government ratified the Kyoto Protocol in 2004, Indonesian companies are more transparent in terms of informing the public about the environmental conservation activities that they do. The study also found that there is a positive relationship between the allocation of research and development costs associated with the reduction of the company’s carbon emissions during the year of observation. Significant relationships were also found in 2007 when the government issued Law No. 40 of 2007. However, in 2012 we did not find a significant relationship. This study concluded that the legal instruments that require companies to reduce carbon emissions is urgently needed in developing countries like Indonesia. This policy will also determine the success of Indonesia in realizing the commitments to reduce carbon emissions.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Prodi Akuntansi |
| Depositing User: | Prof. Dr. Lindrianasari |
| Date Deposited: | 04 Nov 2016 02:48 |
| Last Modified: | 04 Nov 2016 02:48 |
| URI: | http://repository.lppm.unila.ac.id/id/eprint/158 |
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