This paper evaluates the effectiveness of the Program for Pollution Control Evaluation and Rating (PROPER) in Indonesia. PROPER, the first major public disclosure program in the developing world, was launched in June 1995; though it collapsed in 1998 with the Asian financial crisis, it is currently...

This paper evaluates the effectiveness of the Program for Pollution Control Evaluation and Rating (PROPER) in Indonesia. PROPER, the first major public disclosure program in the developing world, was launched in June 1995; though it collapsed in 1998 with the Asian financial crisis, it is currently...

In 1989, Indonesia's Minister for Population and the Environment introduced its Clean River Program (PROKASIH). The program's purpose is to improve water quality by reducing pollution emmissions. Though participation is not entirely voluntary, compliance with the terms of the agreement signed by...

1. Introduction -- 2. Public disclosure in developing countries -- 3. Institutional history of Indonesia's environmental rating and public disclosure program -- 4. Rating methodology and implementation -- 5. The effectiveness of PROPER -- 6. Which firms were more sensitive to PROPER? -- 7. How...