The Influence of Media Exposure, Managerial Ownership, and the Indonesia Sustainability Reporting Award on Corporate Social Responsibility (CSR) Disclosure

This paper aimed to study whether media exposure, classified as positive media exposure and negative media exposure, managerial ownership, and the Indonesia Sustainability Reporting Award influenced the disclosure of Corporate Social Responsibility (CSR). This study's subjects were companies listed on the Indonesian Stock Exchange that published sustainability reports. The study involved 23 samples of companies observed for over two years (2017-2018), so we had 46 samples in total; these samples were chosen through purposive sampling. This study employed multiple regression analyses to examine the influence of those variables on CSR disclosure. Based on the analysis results, positive media exposure and ISR Award positively influenced CSR disclosure. In contrast, managerial ownership and negative media exposure had no significant effect on CSR disclosure.