Corporate Social and Environmental Disclosure: A Positive Accounting Theory View Point
Christina Tri Setyorini, Zuaini Ishak

Abstract
This study provides an examination of Indonesian corporate social and environmental disclosure in the Positive Accounting Theory (PAT) perspective. This study identified three key hypotheses such as management compensation hypothesis (bonus plan hypothesis), the debt hypothesis (debt/equity hypothesis), and the political cost hypothesis. The population of this study is about 1857companies (for five year period), yielded in a sample of 911 usable companies listed in Indonesia Stock Exchange. The social and environmental disclosure level is measured using combination of Clarson’Environmental Index (2007) and Sutantoputra’ social index (2009). The regression analysis shows that corporate social and environmental in Indonesia is associated with: ROA, firm’ size, and firm’s earning management. Thus, the result support the bonus plan hypothesis and political cost hypothesis, conversely debt/equity hypothesis can not be support.

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