CSR Disclosure in Indonesia: Empirical Evidence from Big and Small Companies listed at Indonesia’s Stock Exchange

The result indicates that from six major indicators, the economic indicator is the major disclosure both for big and small companies, 39.16% and 62.18% respectively. Human right is the least indicator reported by big companies (0.7%), while environment is the least indicator for small companies (0%). The statistical test revealed that there are significant differences of CSR disclosures between big and small companies of those six GRI indicators except for human rights indicator. Big companies have more CSR disclosures (total 3555 disclosures) compared to small companies (total of 825 disclosures). In addition, narrative disclosures becomes the most popular disclosure method compared to monetary or charts, both in two groups of companies.