Military experienced board and corporate social responsibility disclosure: An empirical evidence from indonesia

This study examines the impact of military connection and politically connection on Corporate Social Responsibility Disclosure. Using 110 firm year observations of Indonesia listed firms, we predict that the presence of military or politically connection in firms board will increase the Corporate So...

Full description

Saved in:
Bibliographic Details
Main Authors: Mohammad Nasih, Iman Harymawan, Fajar Kristanto Gautama Putra, Rizka Qotrunnada
Format: Article PeerReviewed
Language:English
Published: Entrepreneurship and Sustainability Center 2019
Subjects:
Online Access:http://repository.unair.ac.id/94486/1/Nasih-Military%20experienced%20board.pdf
http://repository.unair.ac.id/94486/
https://jssidoi.org/jesi/article/387
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Universitas Airlangga
Language: English
Description
Summary:This study examines the impact of military connection and politically connection on Corporate Social Responsibility Disclosure. Using 110 firm year observations of Indonesia listed firms, we predict that the presence of military or politically connection in firms board will increase the Corporate Social Responsibility Disclosure level on its Sustainability Report. We found that military connected boards increase the Corporate Social Responsibility Disclosure while politically connection does not show any correlation. Our further analysis on specific type of each connection shows that military career position, army military origin, marine military origin, People's Consultative Assembly politically affiliation and House of Representation politically affiliation increase the level of Corporate Social Responsibility Disclosure level. Our result is robust due to various research model and Heckmana's two stage regression. © 2019 by author(s) and VsI Entrepreneurship and Sustainability Center.