Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)

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The Biodiversity Disclosure Determinants in Indonesian Chemical Companies

Authors
Luvita Dyaningsih1, *, Puji Harto2
1Department of Accounting, Diponegoro University, Semarang, Indonesia
2Department of Accounting, Diponegoro University, Semarang, Indonesia
*Corresponding author. Email: luvitadyaningsih@students.undip.ac.id
Corresponding Author
Luvita Dyaningsih
Available Online 4 October 2024.
DOI
10.2991/978-94-6463-522-5_59How to use a DOI?
Keywords
Sustainable Development Goals; Biodiversity Disclosure; Family Ownership
Abstract

Biodiversity is a central point in the Sustainable Development Goals (SDGs) to balance ecological and economical interests. There is a growing need for biodiversity disclosure as part of environmental-related information, but companies provide a lack of biodiversity information. This study examines the relationship between family ownership, institutional ownership, profitability, and leverage as the determinants of the biodiversity disclosure index. The sample consists of chemical companies listed on the Indonesian Stock Exchange (IDX) during 2018 - 2022 and comes up with 85 firm-year observations. The analysis was conducted using GLS panel data regression. The study documents a negative relationship between family ownership and biodiversity disclosure, suggesting the resistance of family-based companies when uncovering the condition of biodiversity surrounding their business. Financial incentives through profitability and leverage cannot provide the expected significant result. The insignificant role of institutional ownership also indicates that proper enforcement and monitoring of biodiversity disclosure need to be enhanced.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2024
ISBN
978-94-6463-522-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-522-5_59How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Luvita Dyaningsih
AU  - Puji Harto
PY  - 2024
DA  - 2024/10/04
TI  - The Biodiversity Disclosure Determinants in Indonesian Chemical Companies
BT  - Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
PB  - Atlantis Press
SP  - 777
EP  - 791
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-522-5_59
DO  - 10.2991/978-94-6463-522-5_59
ID  - Dyaningsih2024
ER  -