Pengaruh Pengungkapan Environmental, Social, and Governance (ESG) terhadap Manajemen Laba pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2020–2024
インドネシア証券取引所に上場している鉱山会社における環境・社会・ガバナンス（ESG）開示が利益管理に与える影響（2020～2024年） (AI 翻訳)
Vutri Anggraeni, Susi Sarumpaet
🤖 gxceed AI 要約
日本語
本研究は、インドネシア証券取引所に上場する鉱山会社33社を対象に、ESG開示が利益管理に与える影響を分析した。パネルデータ回帰分析の結果、ESG開示は利益管理に対して統計的に有意な影響を与えず、現時点ではESG報告が主に規制順守やステークホルダー期待への対応にとどまっていることを示唆している。
English
This study examines the effect of ESG disclosure on earnings management in 33 mining companies listed on the Indonesia Stock Exchange from 2020 to 2024 using panel data regression. The results show no significant impact, suggesting ESG disclosure is not yet an effective governance mechanism to constrain earnings management, and remains largely compliance-oriented.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本論文はインドネシア市場の事例であるが、日本企業においてもESG開示が実質的なガバナンス機能を果たしているかという問いは共通する。SSBJ基準への対応が進む中、開示と実行動の乖離を検証する参考となる。
In the global GX context
The paper adds to the global debate on whether ESG disclosure improves corporate behavior beyond compliance. While focused on Indonesia, it highlights that even in mining—a high-impact sector—disclosure alone may not curb opportunistic management, a concern relevant to ISSB and CSRD implementation.
👥 読者別の含意
🔬研究者:Researchers interested in ESG disclosure effectiveness and earnings management in emerging markets will find empirical evidence from Indonesia.
🏛政策担当者:Policymakers in jurisdictions adopting mandatory ESG reporting should note that disclosure alone may not improve financial reporting quality without enforcement or incentives.
📄 Abstract（原文）
This study aims to examine the effect of Environmental, Social, and Governance (ESG) disclosure on earnings management in mining companies listed on the Indonesia Stock Exchange during the 2020–2024 period. ESG disclosure has received increasing attention from stakeholders because it is considered to enhance corporate transparency, accountability, and sustainability, thereby potentially influencing earnings management practices. This research employed a quantitative approach using secondary data obtained from companies' annual reports and sustainability reports. The sample was selected using purposive sampling, resulting in 33 companies with a total of 165 panel observations. Data were analyzed using panel data regression with the Common Effect Model (CEM). Earnings management was measured using the Modified Jones Model, while ESG disclosure was assessed using the ESG Disclosure Index. The findings indicate that ESG disclosure does not have a significant effect on earnings management in mining companies. In addition, the control variables firm size, leverage, and profitability (ROA) demonstrate different effects on earnings management. These results suggest that ESG disclosure has not yet become an effective governance mechanism for limiting earnings management practices. This finding implies that ESG reporting remains primarily oriented toward regulatory compliance and stakeholder expectations rather than improving financial reporting quality and reducing managerial opportunistic behavior.Top of Form.Bottom of Form
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.61132/anggaran.v4i2.2391first seen 2026-07-15 05:35:50
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。