Testing CSR Disclosures: Between Tax Pressures, Media Spotlights, and Profitability

Abstract

Purpose – This study aims to examine the effect of Tax Aggressiveness, Media Exposure, and Profitability on Corporate Social Responsibility Disclosure (CSRD) in the context of CSR reporting obligations and increased public scrutiny in the post-pandemic period.

Design/methodology/approach – This study uses a quantitative approach with panel data on energy, transportation, and logistics sector companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. Hypothesis testing was conducted using multiple regression analysi.

Findings – The results of this study indicate that the Tax Aggressiveness variable has a negative and statistically insignificant effect on Corporate Social Responsibility Disclosure, the Media Exposure variable has a negative and statistically insignificant effect on Corporate Social Responsibility Disclosure, and the Profitability variable has a negative and statistically significant effect on Corporate Social Responsibility Disclosure.

Research limitations/implications – The research results indicate that Tax Aggressiveness and Media Exposure have a negative but not statistically significant effect on CSRD, while Profitability has a negative and statistically significant effect on CSRD. These findings suggest that CSR disclosure in high-risk sectors tends to reflect more cautious or defensive reporting behavior rather than pure transparency driven by stakeholders.

JEL : G32, G11, M41