Keywords: Environmental uncertainty, Manager personnel value, Environmental disclosure
This study aims to examine the effect of environmental uncertainty and managers' personnel value on environmental disclosure. This study uses a saturated sampling of manufacturing companies listed on the Indonesia Stock Exchange, and the respondents are all managers’ levels. The total sample of this study is 161 manufacturing companies. The respondents got the questionnaires via email, and 64 respondents completed them. These can be processed using the Structural Equation Model - Partial Least Square. Findings. The result shows that environmental uncertainty and managers' personnel value have a positive effect on environmental disclosure. Furthermore, this result shows that the manager's personnel value is the most dominant influence of environmental disclosure. These research findings add to the literature, especially about environmental disclosure, and support contingency theory and structuration theory. The findings can give information especially environmental disclosure for the manufacturing companies in Indonesia Stock Exchange. The policymaker should concern about environmental disclosure for companies listed on Indonesia Stock Exchange. The limitation of this research is the low response from the respondents of the research. Another limitation is related to R- Square's results, which still need further research.
Abu-Rahma, A., & Jaleel, B. (2019). Perceived uncertainty and use of environmental information in decision making: The case of the United Arab Emirates. International Journal of Organizational Analysis, 27(3), 690–711. https://doi.org/10.1108/IJOA-07-2017-1205
Afthanorhan, W. M. A. B. W. (2013). A comparison of partial least square structural equation modeling (PLS-SEM) and covariance based structural equation modeling (CB-SEM) for confirmatory factor analysis. International Journal of Engineering Science and Innovative Technology, February, 198–205.
Ali, M. H., Zailani, S., Iranmanesh, M., & Foroughi, B. (2019). Impacts of environmental factors on waste, energy, and resource management and sustainable performance. Sustainability, 11, 1–16.
Archer, M. S. (2003). Structure, Agency and the Internal Conversation (Issue June). Cambridge University Press.
Bellamy, M. A., Dhanorkar, S., & Subramanian, R. (2020). Administrative environmental innovations, supply network structure, and environmental disclosure. Journal of Operations Management, 66(7–8), 895–932. https://doi.org/10.1002/joom.1114
Borghesi, R., Houston, J. F., & Naranjo, A. (2014). Corporate socially responsible investments : CEO altruism, reputation, and shareholder interests. Journal of Corporate Finance, 26, 164–181. https://doi.org/10.1016/j.jcorpfin.2014.03.008
Boura, M., Tsouknidis, D. A., & Lioukas, S. (2020). The role of pro-social orientation and national context in corporate environmental disclosure. European Management Review, 1–14. https://doi.org/10.1111/emre.12416
Cadman, T., Maraseni, T. N., Breakey, H., Lopez-casero, F., & Bay, H. (2016). Governance values in the climate change regime : Stakeholder perceptions of REDD + legitimacy at the national level governance values in the climate change regime : Stakeholder perceptions of REDD + legitimacy at the national level. Forest, 7(September), 1–17. https://doi.org/10.3390/f7100212
Chenhall, R. H. (2003). Management control systems design within its organizational context: findings from contingency based research and directions for the future. Accounting, Organizations & Society, 28, 127–168. https://doi.org/10.1063/1.5024417
Chenhall, R. H. (2007). Multiple perspectives of performance measures. European Management Journal, 25(4), 266–282. https://doi.org/10.1016/j.emj.2007.06.001
Clarkson, P. M., Fang, X., Li, Y., & Richardson, G. (2013). The relevance of environmental disclosures : Are such disclosures incrementally informative ? Journal of Accounting and Public Policy, 32(5), 410–431. https://doi.org/10.1016/j.jaccpubpol.2013.06.008
Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2008). Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis. Accounting, Organizations and Society, 33(4–5), 303–327. https://doi.org/10.1016/j.aos.2007.05.003
Coad, A., Jack, L., & Kholeif, A. (2018). Strong structuration theory in accounting research. Meditari Accountancy Research, 1–7.
Cormier, D., Gordon, I. M., & Magnan, M. (2004). Corporate environmental disclosure : Contrasting management’s perceptions with reality. Journal of Business Ethics, 49, 143–165.
Darvishmotevali, M., Altinay, L., & Köseoglu, M. A. (2020). The link between environmental uncertainty, organizational agility, and organizational creativity in the hotel industry. International Journal of Hospitality Management, 87(January), 102499. https://doi.org/10.1016/j.ijhm.2020.102499
Deegan, C., & Gordon, B. (1996). A study of the environmental disclosure practices of Australian corporations. Accounting and Business Research, 26(3), 187–199. https://doi.org/10.1080/00014788.1996.9729510
Dwirandra, A. A. N. B., & Astika, I. B. P. (2020). Impact of environmental uncertainty, trust and information technology on user behavior of accounting information systems. The Journal of Asian Finance, Economics and Business, 7(12), 1215–1224. https://doi.org/10.13106/jafeb.2020.vol7.no12.1215
Dwyer, F. R., & Welsh, M. A. (1985). Environmental relationship of the internal political economy of marketing channels. Journal of Marketing Research, 22(4), 397–414.
Fan, L., Yang, K., & Liu, L. (2020). New media environment, environmental information disclosure and firm valuation: Evidence from high-polluting enterprises in China. Journal of Cleaner Production, 277, 1–8. https://doi.org/10.1016/j.jclepro.2020.123253
Fernández, E., Junquera, B., & Ordiz, M. (2006). Managers’ profile in environmental strategy : A review of the literature. Corporate Social Responsibility and Environmental Management, 13, 261–274.
Fukukawa, K., Shafer, W. E., & Lee, G. M. (2007). Values and attitudes toward social and environmental accountability: A study of MBA students Kyoko Fukukawa. Journal of Business Ethics, 71(January), 381–394. https://doi.org/10.1007/s10551-005-3893-y
Gerdin, J., & Greve, J. (2004). Forms of contingency fit in management accounting research — a critical review. 29, 303–326. https://doi.org/10.1016/S0361-3682(02)00096-X
Ghozali, I. (2013). Partial Least Square. In Universitas Diponegoro. Elsevier B.V.
Giddens, A. (1979). Central Problems in Social Theory Action, Structure and Contradiction in Social Analysis. Macmillan Education Ltd.
Giddens, A. (1984). The Constitution of Society (Cambridge (ed.)). Polity Press.
Hapsoro, D., & Falih, Z. N. (2020). The effect of firm size, profitability, and liquidity on the firm value moderated by carbon emission disclosure. Journal of Accounting and Investment, 21(2), 240–257. https://doi.org/10.18196/jai.2102147
Hemingway, C. A., & Maclagan, P. W. (2004). Managers’ personal values as drivers of corporate social responsibility. Journal Business Ethics, 50(1), 33–44.
Kholeif, A. O. R., & Jack, L. (2019). The paradox of embedded agency from a strong structuration perspective: An illustrative case study of resistance to change in budgeting processes. Qualitative Research in Accounting and Management, 16(1), 60–92. https://doi.org/10.1108/QRAM-03-2016-0027
Kim, I., Ryou, J. W., & Yang, R. (2020). The color of shareholders’ money: Institutional shareholders’ political values and corporate environmental disclosure. Journal of Corporate Finance, 64(July), 1–23. https://doi.org/10.1016/j.jcorpfin.2020.101704
Lewis, G. J., & Harvey, B. (2001). Perceived environmental uncertainty: The extension of miller’s scale to the natural environment. Journal of Management Studies, 38(2), 201–233.
Liao, C., Chuang, S., & To, P. (2011). How knowledge management mediates the relationship between environment and organizational structure. Journal of Business Research, 64(7), 728–736. https://doi.org/10.1016/j.jbusres.2010.08.001
Lin, C., & Ho, Y. H. (2011). Determinants of green practice adoption for logistics companies in China. Journal of Business Ethics, 98, 67–83. https://doi.org/10.1007/s10551-010-0535-9
Luque-Vílchez, M., Mesa-Pérez, E., Husillos, J., & Larrinaga, C. (2019). The influence of pro-environmental managers’ personal values on environmental disclosure: The mediating role of the environmental organizational structure. Sustainability Accounting, Management and Policy Journal, 10(1), 41–61.
Ma, Y., Zhang, Q., Yin, Q., & Wang, B. (2019). The influence of top managers on environmental information disclosure : The moderating effect of company’s environmental performance. International Journal of Environmental Research and Public Health, 16, 1–15. https://doi.org/10.3390/ijerph16071167
Makrygiannikis, G., & Lisa Jack. (2018). Designing a conceptual methodology for structuration research Georgios. Meditari Accountancy Research, 26(1), 1–26.
Morse, W. C. (2020). Recreation as a social-ecological complex adaptive system. Sustainability, 12(3), 1–16. https://doi.org/10.3390/su12030753
Nguyen, T. K. T., Nguyen, N. T., & Nguyen, T. M. H. (2019). Assessing the level of environmental information disclosure by listed companies on the stock market in Vietnam. Problems and Perspectives in Management, 17(3), 207–217. https://doi.org/10.21511/ppm.17(3).2019.17
Orlikowski, W. J. (2000). Using technology and constituting structures: A practice lens for studying technology in organizations. Organization Science, 11(4), 404–428.
Otley, D. T. (1980). The contingency theory of management accounting: Achievement and prognosis. Accounting, Organizations and Society, 5(4), 413–428. https://doi.org/10.1016/0361-3682(80)90040-9
Papagiannakis, G., & Lioukas, S. (2012). Values, attitudes and perceptions of managers as predictors of corporate environmental responsiveness. Journal of Environmental Management, 100, 41–51. https://doi.org/10.1016/j.jenvman.2012.01.023
Pierce, O. F. B. (2016). Strong structuration theory & accounting information: An empirical study. Accounting, Auditing & Accountability Journal, 29(7), 1–43.
Pondeville, S., Swaen, V., & De Rongé, Y. (2013). Environmental management control systems: The role of contextual and strategic factors. Management Accounting Research, 24(4), 317–332. https://doi.org/10.1016/j.mar.2013.06.007
Roxas, B., & Coetzer, A. (2012). Institutional environment, managerial attitudes and environmental sustainability orientation of small firms. Journal Business Ethics, 111, 461–476. https://doi.org/10.1007/s10551-012-1211-z
Schultz, P. W., Gouveia, Valdiney, V., Cameron, L. D., Tankha, G., Schmuck, P., & Franek, M. (2005). Values and their relationship to environmental concern and conservation behavior. Journal of Cross-Cultural Psychology, 36(July), 457–475. https://doi.org/10.1177/0022022105275962
Schwartz. (2003). A proposal for measuring value orientations across nations”, Package of the European Social Survey. Available at: Www.Europeansocialsurvey.Org/Docs/Methodology/ Core_ess_questionnaire/ESS_core_questionnaire_human_values.Pdf.
Sewell, W. H. (1992). A theory of structure: And transformation1 duality, agency. American Journal of Sociology, 98(1), 1–29.
Shahab, Y., Ntim, C. G., Chengang, Y., Ullah, F., & Fosu, S. (2018). Environmental policy, environmental performance, and financial distress in China: Do top management team characteristics matter?. Business Strategy and the Environment, 27(8), 1–18. https://doi.org/10.1002/bse.2229
Whittington, R. (2015). Giddens, structuration theory and strategy as practice (C. Handbook & of Strategy as Practice (eds.); Issue January). Cambridge Press,. https://doi.org/10.1017/CCO9781139681032.009
Zhang, X., Majid, S., & Foo, S. (2012). Perceived environmental uncertainty, information literacy and environmental scanning : Towards a refined framework. Information Research, 17(2), 1–21.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.