Corporate Environmental Disclosure of Manufacturing Industry Around COVID-19 Pandemic: Evidence from Indonesia

Rasyid Ridha Kurniawan (), Rahmawati Rahmawati (), Siti Rochmah Ika (), Ari Kuncara Widagdo () and Nur Fikhriah Takril ()
Additional contact information
Rasyid Ridha Kurniawan: Universitas Sebelas Maret, Master of Accounting Department
Rahmawati Rahmawati: Universitas Sebelas Maret
Siti Rochmah Ika: Universitas Janabadra
Ari Kuncara Widagdo: Universitas Sebelas Maret
Nur Fikhriah Takril: Universiti Islam

A chapter in Proceedings of the 8th International Conference on Corporate Social Responsibility and Sustainable Development, 2026, pp 477-488 from Springer

Abstract: Abstract This study examines the impact of the COVID-19 pandemic on corporate environmental disclosure practices among manufacturing companies listed on the Indonesia Stock Exchange. Using a sample of 85 firms across the periods before (2018–2019) and after (2020–2021) the pandemic, environmental disclosures were assessed using the Global Reporting Initiative (GRI) standard indicators. Paired sample t-tests and multiple regression analysis were employed to evaluate changes in disclosure levels and to identify key influencing factors. The results reveal a significant increase in environmental disclosure following the onset of the pandemic. Firm size was found to have a positive effect on disclosure, while return on assets (ROA) showed a negative relationship—particularly within the miscellaneous industry group. These findings suggest that larger firms experienced greater external pressure to enhance transparency, whereas profitability alone did not necessarily lead to improved environmental reporting. The study provides valuable insights for regulators and policymakers, emphasizing the importance of targeted disclosure regulations during global crises. In particular, it offers practical input to the Ministry of Environment and the stock exchange authority, indicating that large companies are more inclined to maintain environmental responsibility, even in times of uncertainty.

Keywords: Environmental disclosures; Environmental responsibility; Environmental sustainability; COVID-19 (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-95-4017-4_30

Ordering information: This item can be ordered from
http://www.springer.com/9789819540174

DOI: 10.1007/978-981-95-4017-4_30

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().