Hasil Pencarian  ::  Simpan CSV :: Kembali

Abstrak :
As air quality has deteriorated, corporate environmental information disclosure (EID) has received extensive attention. We examine how air quality and institutional investors affect corporate EID under China’s New Environmental Protection Law (NEPL). We show that air quality’s effect on EID depends on institutional investors’ supervision and the legal environment. We demonstrate a negative relationship between air quality and EID and a positive relationship between corporate EID and firm value, based on which we explore the driving force to promote corporate EID. The difference-in-differences method indicates that firms in more polluted areas have a higher EID after NEPL implementation than those in less polluted areas. Additionally, the moderation effect model shows that after NEPL implementation, institutional investors can alleviate the negative relationship between air quality and corporate EID, emphasizing the importance of legislation. Our study contributes to ongoing research on methods promoting EID initiatives as air quality deterioration continues.

Abstrak :
Meskipun mungkin belum banyak diketahui, setidaknya 29 pabrik tekstil di Indonesia telah secara sukarela mengungkapkan informasi data pelepasan bahan kimia berbahaya dari fasilitasnya kepada publik. Pengungkapan informasi dilakukan melalui media internet dengan alamat http://wwwen.ipe.org.cn/. Dalam periode 2013 hingga 2019, secara bersama-sama, tercatat 75 kali pengungkapan informasi dilakukan. Pengungkapan informasi dilakukan dengan pendekatan sistem PRTR yang dilakukan secara individu atau detail per pabrik; detail mengungkap 11 grup bahan kimia berbahaya serta parameter konvensional sebagaimana diatur standar baku mutu pembuangan limbah cair Indonesia khususnya untuk industri tekstil; kemana, misal badan air apa, limbah cair tersebut dibuang; dan detail dari fasilitas perusahaan yang melepaskan polutan tersebut. Penelitian menggunakan pendekatan kualitatif dan metode analisis komparatif kualitatif yang berorientasi pada kasus. Penelitian ini menemukan tujuh lajur dengan konfigurasi faktor-faktor yang menghasilkan pengungkapan informasi. Terdapat tiga faktor yang bersifat ‘tidak cukup’ namun ‘diperlukan’ dalam semua lajur menuju pengungkapan informasi. Faktor tersebut yaitu: tingkat kepadatan di mana pabrik beroperasi, keberadaan IPAL dalam fasilitas pabrik, dan keterlibatan pembeli dalam proses pengungkapan informasi. Penelitian ini juga mengurai proses pengungkapan informasi yang dilakukan, serta persepsi dari para pemangku kepentingan terkait manfaat, biaya atau risiko, dan skema adaptasi atau adopsi ideal atas inisiatif tersebut oleh pemerintah Indonesia. ......Although perhaps not yet well known, at least 29 textile factories in Indonesia have voluntarily disclosed information on the release of hazardous chemicals from their facilities to the public. Disclosure of information is done through an internet platform at http://wwwen.ipe.org.cn/. In the period of 2013 to 2019, together, 75 information disclosures were made. Disclosure of information is done with the PRTR system approach that is done individually or detailed per factory; reveals 11 groups of hazardous chemicals as well as conventional parameters as regulated by the Indonesian waste water discharge standards, especially for the textile industry; where, for example what body of water, the waste water is discharged; and details of the company's facilities that release the pollutants. The study used a qualitative approach and qualitative comparative analysis methods which is case- oriented. This study found seven paths with a configuration of factors that resulted in information disclosure. There are three factors that are 'insufficient' but 'necessary' in all paths leading to information disclosure. These factors are: the level of density at which the factory operates, the presence of WWTP in factory facilities, and the involvement of buyers in the information disclosure process. The study also describes the information disclosure process undertaken, as well as the perceptions of stakeholders regarding the benefits, costs or risks, and the ideal adaptation or adoption scheme for the initiative by the Indonesian government.