Analysis of Environmental Performance, Environmental Disclosure and Company's Performance in A Continuum

Companies tend to disclose positive information, which will enhance the good image of the company, so that if the company has a good environmental performance, will be disclosed in financial reporting. Users of financial reporting will respond this good news, which then will create market value added. The purpose of this study was to analyze the influence of the environment performance on the environmental disclosure, which then impact the performance of the company. Object of this study is a manufacturing company listed on the Indonesia Stock Exchange and participating in PROPER (Program Penilaian Peringkat Kinerja Perusahaan dalam Pengelolaan Lingkungan Hidup) in 2011. The number of samples used in this study were 34 companies. This study uses a simple-regression statistical tool. The results of this study indicate that when the company has a good environmental performance will tend disclosed in financial reporting, so users of financial reporting knows the achievements of the company. Investors will respond to environmental performance that expressed in financial reporting, which then create market value adde