HOW CORPORATE GOVERNANCE PRACTICES AFFECT CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE IN ASEAN?

NUR ISNAINI MASYITHOH, Putri Paramita Agritansia, S.E., M.Acc.

2016 | Skripsi | AKUNTANSI

Penelitian ini bertujuan untuk menentukan hubungan antara praktik tata kelola dan pengungakan pertanggungjawaban social (CSR) perusahaan di ASEAN. Data dikumpulkan dari laporan tahunan dan laporan sustainabilitas perusahaan yang terdaftar di FTSE 50 ASEAN Value Stock Index. Penelitian ini menemukan bahwa seluruh variabel tata kelola (komite audit independen, kepemilikan asing, direktur asing, dan direktur independen) secara bersama-sama berpengaruh signifikan terhadap pengungkapan CSR di perusahaan ASEAN baik di negara dengan mandatory disclosure maupun di negara dengan voluntary disclosure. Komite audit independen secara signifikan berpengaruh pada tingkat pengungkapan CSR di perusahaan ASEAN secara keseluruhan. Di negara dengan mandatory disclosure, kepemilikan asing berpengaruh signifikan pada tingkat pengungkapan CSR. Di negara dengan voluntary disclosure, hanya variabel control (return on asset, usia perusahaan, dan ukuran perusahaan) yang berpengaruh terhadap tingkat pengungkapan CSR. Kata kunci: tata kelola perusahaan, tanggung jawab sosial perusahaan, ASEAN, mandatory disclosure, voluntary disclosure

This study aims to determine the relationship between corporate governance practices and corporate social responsibility (CSR) disclosure in ASEAN. Data is collected through annual reports and sustainability reports of companies listed in FTSE 50 Value Stock ASEAN Index in 2011-2013. This study finds that all corporate governance variables (i.e independent audit committee, foreign ownership, foreign directorship, and independent directorship) are jointly significant to the level of CSR disclosure in the overall ASEAN companies as well as in the mandatory CSR disclosure countries and voluntary disclosure countries. Independent audit committee is significant independently to the level of CSR disclosure in the overall ASEAN companies. In mandatory CSR disclosure countries, foreign ownership is independently significant to the level of CSR disclosure. In voluntary CSR disclosure countries, only control variables (i.e. return on asset, firm age, and firm size) are significant independently to the level of CSR disclosure.

Kata Kunci : corporate governance, corporate social responsibility disclosure, ASEAN, mandatory disclosure, voluntary disclosure