Managerial ownership and CSR disclosure in achieving SDGS: Evidence from IDX-Listed mining firms (2018-2023)
Abstract
This study examines how management ownership affects corporate social responsibility (CSR) in mining businesses that are listed between 2018 and 2023 on the Indonesia Stock Exchange (IDX). The findings indicate that the level of managerial ownership disclosure tends to experience fluctuating declines, while CSR disclosure in mining sector companies remains relatively strong. The population of this study consists of 59 mining sector companies. Secondary data in the form of financial reports were obtained from the official IDX website (www.idx.co.id). A total of 10 companies were selected as samples using a non-probability sampling method with purposive sampling technique. The results of this study indicate that managerial ownership has a significant partial influence on corporate social responsibility in mining sector companies listed on the Indonesia Stock Exchange during the study period.
Downloads
References
Afifah, N., Astuti, S. W. W., & Irawan, D. (2021). Pengaruh corporate social responsibility (CSR) dan reputasi perusahaan terhadap nilai perusahaan. EKUITAS (Jurnal Ekonomi Dan Keuangan), 5(3), 346–364.
Akhter, F., Hossain, M. R., Elrehail, H., Rehman, S. U., & Almansour, B. (2023). Environmental disclosures and corporate attributes, from the lens of legitimacy theory: a longitudinal analysis on a developing country. European Journal of Management and Business Economics, 32(3), 342–369.
Al-Faryan, M. A. S. (2024). Agency theory, corporate governance and corruption: an integrative literature review approach. Cogent Social Sciences, 10(1), 2337893.
Alifah, S., & Harto, P. (2022). The effect of CEO power on firm performance moderated by corporate social responsibility (CSR) disclosure (empirical evidence in manufacturing companies listed on Indonesia stock exchange (IDX) for period 2018-2020). Diponegoro Journal of Accounting, 11(1).
Andriani, N. P. M., & Sudana, I. P. (2023). Kepemilikan Manajemen, Kepemilikan Institusional pada Corporate Social Responsibility Disclosure dengan Kinerja Lingkungan sebagai Pemoderasi. E-Jurnal Akuntansi, 33(1), 59–72.
Aulia, A., Siahaan, M., & Siregar, J. K. (2025). Green Accounting and Environmental Performance on Financial Performance: Strategic Insights from the Mining Industry in Indonesia. Asian Journal of Environmental Research, 2(1), 16–28.
Febriani, V., & Munawaroh, M. (2022). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Dan Pengungkapan Tanggung Jawab Sosial Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2017-2019). Jurnal Akuntansi Dan Bisnis Krisnadwipayana, 9(1), 594–605.
Jensen, M. C., & Meckling, W. H. (2019). Theory of the firm: Managerial behavior, agency costs and ownership structure. In Corporate governance (pp. 77–132). Gower.
Mahmud, M. T. (2019). Legitimacy theory and its relationship to CSR disclosures: A literature review.
Misheleiloen, M. (2024). Enhancing Company Value: The Impact of Managerial Ownership and CSR Disclosure. Journal of Accounting, Management, and Economics Research (JAMER), 3(1), 41–50.
Mylnikov, S. V. (2024). Regression analysis. At the three-route crossroad. Science Editor and Publisher, 9(1), 2S64-2S71.
Nurhalisa, P., & Hernawati, E. (2023). The Effect of Ownership Structure and Board Diversity on Corporate Social Responsibility (CSR) Disclosure. International Journal of Professional Business Review: Int. J. Prof. Bus. Rev., 8(9), 4.
Payne, G. T., & Petrenko, O. V. (2019). Agency theory in business and management research. In Oxford research encyclopedia of business and management.
Pisică, D., Dammers, R., Boersma, E., & Volovici, V. (2022). Tenets of good practice in regression analysis. A brief tutorial. World Neurosurgery, 161, 230–239.
Purnamasari, D. I., & Tashya, A. (2023). EMPIRICAL EVIDENCE OF MANAGERIAL OWNERSHIP, LEVERAGE, FINANCIAL DISTRESS, AND PROFITABILITY ON ACCOUNTING CONSERVATISM IN MINING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE DURING THE PERIOD OF 2018-2021. Jurnal EQUITY, 26(1).
Rashid, A., Rasheed, R., Amirah, N. A., Yusof, Y., Khan, S., & Agha, A. A. (2021). A Quantitative Perspective of Systematic Research: Easy and Step-by-Step Initial Guidelines. Turkish Online Journal of Qualitative Inquiry, 12(9).
Rulandari, N. (2021). Study of sustainable development goals (SDGS) quality education in Indonesia in the first three years. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 4(2), 2702–2708.
Ruliana, T., Suroso, A., & Supriyadi, N. (2016). Policy of waste management of hazardous toxic (waste B3).
Sugiyono, S., & Lestari, P. (2021). Lembar Penilaian Sejawat-Buku: Metode Penelitian Komunikasi (Kuantitatif, Kualitatif, Analisis Teks, Cara Menulis Artikel untuk Jurnal Nasional dan Internasional).
Syakur, S., & Khomsiyah, K. (2025). The Effect Of Disclosing Sustainability Reports With The Global Reporting Initiative (Gri) G4 And Green Accounting On The Value Of Mining Companies On The Idx In 2020-2023. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 8(1), 1193–1211.
Wiradikusumah, H. A. A. (2024). The role of managerial ownership, independent commissioners, and corporate social responsibility, moderated by enterprise risk management, on company value in the pharmaceutical industry listed on the Indonesia Stock Exchange (IDX) from 2018 to 2022. Eduvest-Journal of Universal Studies, 4(5), 4304–4321.
Wulandari, A., & Fanani, Z. (2024). Corporate Social Responsibility (CSR) and Tax Avoidance (TA) in Indonesia: Moderated Audit Committee Characteristics. Accounting Analysis Journal, 13(2), 106–117.
