A Review of the Determinants of Corporate Social Responsibility (CSR) Disclosure in Energy Sector Companies Listed on the Indonesia Stock Exchange (IDX)

Abstrak

The primary focus of this study is to analyze how corporate scale, profitability levels, and debt ratios influence Corporate Social Responsibility (CSR) reporting policies among energy sector issuers on the Indonesia Stock Exchange (IDX) between 2022 and 2024. Adopting a quantitative approach, this research utilizes a panel data regression analysis model encompassing a sample of 24 business entities within the energy industry. Empirical findings confirm that total company assets exert a positive and significant impact on CSR transparency, whereas both profitability and leverage variables were found to have no statistically significant effect. These results indicate that organizational capacity or physical firm size serves as the predominant driver for social disclosures, outweighing the influence of internal financial performance or capital structure.