Indonesia Conference Directory

Using a manually collected sample of 49 corporate social responsibility (CSR) reports issued by Indonesian public companies, this study examines the relationship between the CSR performance and the readability of CSR reports. The study adopts Fog index to measure the readability of CSR reports and standards of GRI to measure CSR performance from economic, environmental and social perspectives. The results show an unsignificant relationship between CSR performance and the readability of CSR reports, indicating that companies in Indonesia are less to tend to obfuscate their narrative disclosures which is the main reason of doing the greenwash practice. This study helps investors more comprehensively evaluate the CSR information disclosed on CSR reports. Our results also point the phenomenon that happened in Indonesia that CSR both in quality and quantity improves from time to time.