Social And Environmental Accounting A Response To The Companys Operational Externalities

Abstract Conventionalaccountinghas limitationsin responding tothe impact ofexternalitiesgenerated bythe operations ofthe company. This was the background of social and environmental accounting study. Externalitiesthat are notrespondedpositivelywillaffect thelegitimacy ofthe business so thatthe continuity ofthe companys operationsdisturbed. Therefore notonlyfinancial informationis neededbutmore comprehensiveinformation. Inthis research thedisclosure-scoring methodologybasedoncontent analysistomeasure thesecondary data obtainedfromannual report.As for theunitof analysisisthe top eightoil and gascompaniesarethe largestproducerof oil and gasproductionin Indonesia.The results ofthe measurementofsocialand environmentaldisclosure socialand environmentalperformance environmentalexposureandenvironmentalcontent using disclosure-scoring usedfordescriptiveandstatisticalanalysisto determine the relationshipand its effect oneconomicperformance. The research provesthat theimpact ofthese externalitiescanaffect thesocialandenvironmentalperformance social and environmental disclosureandeconomic performance.