The Triple Bottom Line Concept as A Performance Measurement System of Ethical Business Practices in Indonesian Oil & Gas Industry

The Triple Bottom Line Concept as A Performance Measurement System of Ethical Business Practices in Indonesian Oil & Gas Industry

Author		: ASTRIE KRISNAWATI
Published on	: International Conference on Business and Social Sciences (ICBASS) 2013

Abstract

“This research aims to depict the performance of listed companies in Indonesian Oil & Gas industry in terms of their compliance with ethical business practices of conducting Corporate Social Responsibility (CSR) based on Triple Bottom Line concept. Using purposive sampling technique, this research takes six listed companies in Indonesian Oil & Gas industry as the sample. This descriptive study employs content analysis of CSR disclosure in those six companies??? annual reports by applying Global Reporting Initiative (GRI) Index. Secondary data of annual reports of year 2009, 2010, and 2011 are collected from official websites of those companies and Indonesia Stock Exchange. This research results a detail description of Indonesian Oil & Gas companies??? performance in terms of their CSR disclosure. It also indicates which of them are classified into high, medium, and low CSR performers. It is a preliminary study that needs further research of taking this performance into relationship with other variables, such as Corporate Financial Performance.

Keyword: Corporate Social Responsibility, Performance Measurement System, Triple Bottom Line”