Sustainability issues have increased the need for stakeholders toward environmental information disclosure. Environmental information is pivotal for stakeholders to assess a firm's environmental performance. A firm's environmental performance significantly influences a firm's environmental properly. This study examines the influence of a firm's environmental performance on Firm environmental disclosure, moderated by the firm's characteristics. The study involved fifty listed firms on Indonesia Stock Exchange (IDX) and PROPER participants (Company Performance Rating Program in Environmental Management) from 2017 to 2020. The firm's characteristics in this study refer to size, profitability, and leverage. The estimated Generalized least square panel regression test indicated that firm environmental performance significantly explains the variance of environmental disclosure. The influence of firm environmental performance on firm environmental disclosure is significantly moderated by profitability and firm size.
Keywords
Environmental Performance, Environmental Disclosure, PROPER, Profitability and Leverage