Company financial performance, company characteristics, and environmental disclosure: evidence from Singapore

• Published in: IOP conference series. Earth and environmental science Vol. 623; no. 1; pp. 12065 - 12070
• Main Authors: Wahyuningrum, I F S, Oktavilia, S, Putri, N, Solikhah, B, Djajadikerta, H, Tjahjaningsih, E
• Format: Journal Article
• Language: English
• Published: IOP Publishing 01.01.2021
• ISSN: 1755-1307; 1755-1315
• DOI: 10.1088/1755-1315/623/1/012065

A company disclosed its environmental disclosure by providing its annual report and sustainability report as a responsibility to society and the environment. This study aims to examine the factors that influence environmental disclosure, consisting of profitability, leverage, company size, industry type and company age. Legitimacy theory and stakeholder theory are used in this study. The population in this study is industrial companies listed on the Singapore Exchange (SGX) in 2018. Purposive sampling is used as a sampling method in order to obtain 61 companies. Multiple linear analysis was used to test the effect between variables. The quantity determination of environmental disclosure is measured using the content analysis method based on GRI Standard 2016. The result showed that company size has a significant positive effect on environmental disclosure. Meanwhile, the relationship between profitability and environmental disclosure has a significant negative. On the other hand, leverage, industry type, and company age have no significant environmental disclosure effect. Based on the resulting test, large companies disclosed environmental disclosures to increase public trust and credibility.