Several studies have examined the impact of internal stakeholder pressure (e.g., ownership or board of directors' structure) and corporate characteristics on CSR disclosure, but there has been little attention focused on the role. This study examines the effect of external stakeholder pressure on the extent of social and environmental disclosure or corporate social responsibility (CSR) disclosure. Analysis of statistical results the proportional of independent commissioner, the ethnic of commissioner president and the firm size are as significant predictors to environmental disclosure. This study employed a data testing technique: classical assumption, descriptive statistic, and hypothesis test using logistic regression, multiple regression, t-test, and ANOVA. From the sample, there is fourthy nine percent (49%) disclosed environmental information with level of five point four percent (5.4%). Under proportional random sampling method, 90 Indonesian listed companies’ annual reports are selected. Companies’ environmental disclosures are measured by using the Indonesian Environmental Reporting index that developed by Suhardjanto, Tower and Brown (2007). This study includes industry type and firm size as control variable. Corporate governance are identified as the proportion of independent commissioner, the ethnic of commissioner president, the educational background of commissioner president, the number of commissary board meeting, the proportion of independent audit committee, and the number of audit committee meeting. The purpose of this study is to examine relationship between corporate governance and its environmental disclosures.
Keywords: Proportion of Independent Board of Commissioners, Size of Audit Committee, Company Size, Environmental Disclosure Meanwhile, company size has significant effect on environmental disclosure. The data used in this research is annual report from 2010 to 2013 by using data analysis in the form of multiple regression as research method and the result of this research indicates that the proportion of independent commissioner member significantly influence the environmental disclosure and audit committee size has no significant effect on the disclosure environment. The sample in this study are 16 manufacturing companies, selected by purposive sampling method. The population of this study is a manufacturing company listed on the Indonesia Stock Exchange (IDX) in 2010 to 2013. The company's environmental disclosure was measured using the Indonesian Environmental Reporting Index developed by Suhardjanto (2008). This study also examines firm size as a control variable. The purpose of this study is to examine the effect of corporate governance on environmental disclosure on manufacturing companies listed on the Indonesia Stock Exchange.
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