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Carbon Emission Disclosure in Indonesian Firms: The Test of Media-exposure Moderating Effects

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  • Muhammad Wahyuddin Abdullah

    (Universitas Islam Negeri Alauddin Makassar, Indonesia,)

  • Rika Musriani

    (Universitas Islam Negeri Alauddin Makassar, Indonesia,)

  • Alim Syariati

    (Universitas Islam Negeri Alauddin Makassar, Indonesia,)

  • Hadriana Hanafie

    (STIE Wira Bhakti Makassar, Indonesia.)

Abstract

Carbon emission disclosure serves to justify firms sustainable business endeavors. This study contributes to the minor discussions of this topic in the context of Indonesian. The role of media exposure to moderate the firms size, profitability, leverage, and environmental performance toward carbon emission uses is also inadequately addressed in previous studies. This study aims to fill these discrepancies by investigating financial statement data of firms listed in the Jakarta Islamic Index, Indonesia (JII), from 2012 to 2016, employing moderated regression techniques. All direct relationships are significant. The media exposure significantly moderates firms size and leverage, but not to profitability and environmental performance. We also discuss several considerations with environmental disclosure issues in Islamic Index along with its implications.

Suggested Citation

  • Muhammad Wahyuddin Abdullah & Rika Musriani & Alim Syariati & Hadriana Hanafie, 2020. "Carbon Emission Disclosure in Indonesian Firms: The Test of Media-exposure Moderating Effects," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 732-741.
    • Handle: RePEc:eco:journ2:2020-06-94
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    More about this item

    Keywords

    Carbon Emission Disclosure; Firms Size; Leverage; Environmental Performance; Media Exposure.;
    All these keywords.

    JEL classification:

    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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