The Effect of Financial Performance and Corporate Governance on Extensive of Disclosure Sustainability Reporting
Main Article Content
Indah Permata Dewi, S.E., M.Ak.
Arrum Safitri
Saprilia Tri Lestari
This study aims to analyze the influence of the determinants of disclosure sustainability reporting. The determinants of sustainability reporting classified are financial performance and corporate governance. Financial performance includes company size, profitability, leverage and liquidity. Corporate governance includes the board of directors and audit committee. The data used in this study is secondary data in the form of sustainability report data, annual report and financial statements companies registered on Asia Sustainability reporting Rating (ASRRAT) in 2018-2021 by purposive sampling methods. This study uses a quantitative approach to the method of analysis using multiple linear regression tests.
Abdulsalam, N., & Babangida, MA (2020). Effect of Sales and Firm Size on Sustainability reporting Practice of Oil and Gas Companies in Nigeria.Quest Journals Journal of Research in Business and Management,8(1), 2347-3002.
Adila, Wanda, and Efrizal Syofyan. 2016. “The Influence of Corporate Governance and Characteristics Company Regarding Disclosure of Corporate Social Responsibility in the Sustainability Report (Empirical Study of Companies Registered on the IDX in 2010-2014).” WRA Journal4(2):777–91.
Afifulhaq, Annisa Fauziah. 2018. “The Influence of Profitability, Leverage, Liquidity, Activity Companies, and Corporate Governance on Disclosure of Sustainability Reports (Empirical Study of Non-Banking BUMN Companies Registered on the IDX in 2011-2015).” Journal of Muhammadiyah University of Surakarta.
Afsari, R., Purnamawati, IGA and Prayudi, MA, 2018. Effect of Leverage, Size Company, Audit Committee and Institutional Ownership of Extent of Sustainability Report Disclosure (Empirical Study of Companies Following Isra Period 2013-2015). JIMAT (Scientific Journal of Accounting Students)
Aniktia, R., & Khafid, M. (2015). The influence of good corporate governance mechanisms and performance financial disclosure of the sustainability report.Accounting Analysis Journal,4(3).
Ariyani, AP, & Hartomo, OD (2018). Analysis Of Key Factors Affecting The Reporting Disclosure Indexes Of Sustainability reportingIn Indonesia.International Journal of Business, Economics and Law,16(1), 15-25.
Aulla, Ika et al. 2022. “Pengaruh Ukuran Perusahaan, Profitabilitas Dan Tipe Industri Terhadap Pengungkapan Sukarela Pelaporan Keberlanjutan (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Tahun 2018-2020).” E-Jra 11(04):hal. 35-43.
Barung, Margaretha, Aaron MA Simanjuntak, and Linda Y. Hutadjulu. 2018. “Influence Mechanism of Good Corporate Governance and Company Size on Disclosure Quality Sustainability reports (Empirical Study of All Companies Listed on the Indonesia Stock Exchange for the 2011-2016 Period).” Regional Journal of Accounting & Finance 13(November):76–89.
Dewi, I., & Pitriasari, P. (2019). Effect of Good Corporate Governance and Company Size Against Disclosure of Sustainability Report. JSMA (Journal of Science Management and Accounting), 11(1), 33-53.
Dewi, Indah Permata, and Huda Maulana. 2022. “The Mediation Role of Sustainability Reporting Disclosure on Financial Performance and Firm Value.” Theijbmt.Com 6(4).
Dewi, S., & Yanto, H. (2021). Effect of Company Characteristics and Good Corporate Governance Against Disclosure of Corporate Social Responsibility. Journal of Business Accounting, 19(1), 64-78.
Diono, Handre, Tri Jatmiko, and Wahyu Prabowo. 2017. “Mechanism Influence Analysis Corporate Governance, Profitability, and Company Size on the Level of Sustainability Report Disclosure.”Analysis of the Influence of Corporate Governance Mechanisms, Profitability, and Company Size on the Level of Disclosure of Sustainability Reports 6(3):615–24.
Ehsan, S., Nazir, MS, Nurunnabi, M., Raza Khan, Q., Tahir, S., & Ahmed, I. (2018). A multimethod approach to assess and measure corporate social responsibility disclosure and practices in a developing economy. Sustainability, 10(8), Article 2955
Endiramurti, Saktiana Rizki, Achmad Budiman Rosadi, and Agung Nur Probohudono. 2019.“Going Concern Company And Its Relation To Sustainability Report Disclosure: Evidence From Soes In Indonesia.”International Journal of Economics, Business and Accounting Research (IJEBAR).
Ernst & Young Global Limited. (2013).Value of Sustainability reporting. A Study by Ernst &Young LLP and The Boston College Center For Corporate Citizenship
Fitri, Annisa Annur, and Willy Sri Yuliandari. 2018. “The Influence of Financial Performance on Disclosure of Sustainability (Case Study of Companies Listed on the Indonesia Stock Exchange in 2014-2016) The Influence Of Financial Performance OnSustainability reports Disclosure (Study of Company Listed in I.” E-Proceeding of Management 5(2):2218– 26.
Fuadah, Luk Luk et al. 2019. “Ukuran Dewan, Ukuran Perusahaan, Leverage, Profitabilitas Berpengaruh Terhadap Laporan Berkelanjutan Di Indonesia.” Akuisisi: Jurnal Akuntansi 14(2):70–77. doi: 10.24127/akuisisi.v14i2.285.
Global Reporting Initiative (GRIa). 2013. G4 Sustainability Report Guidelines.
Gunawan, Veren, and Sjarief Julianti. 2022. “ANALISIS PENGARUH PROFITABILITAS, LEVERAGE, DAN UKURAN PERUSAHAAN TERHADAP PENGUNGKAPAN SUSTAINABILITY REPORT Veren.” 19(1):22–41.
Hardi, E., & Chairina, C. (2019). The Effect of Sustainability Reporting Disclosure and Its Impact on Companies Financial Performance.Journal of Wetlands Environmental Management,7(1), 67-75.
Hermawan, Toni, and Sutarti Sutarti. 2021. “Pengaruh Likuiditas, Leverage, Dan Profitabilitas Terhadap Pengungkapan Sustainability Report.” Jurnal Ilmiah Akuntansi Kesatuan 9(3):597–604. doi: 10.37641/jiakes.v9i3.1209.
Hidayah, N., Badawi, A., & Nugroho, L. (2019). Factors affecting the disclosure of sustainability reporting.International Journal of Commerce and Finance,5(2), 219-229.
Hongming, X., Ahmed, B., Hussain, A., Rehman, A., Ullah, I., & Khan, FU (2020). Sustainability reportingand Firm Performance: The Demonstration of Pakistani Firms.SAGE Open,10(3), 2158244020953180.
Islamiati, W., & Suryandari, D. (2021). The Impact Of Firm Size, Leverage, And Liquidity On Sustainability Report Disclosure With Profitability As Moderating Variable.Journal of Business Accounting,18(2), 197-215.
Jan, S., & Sangmi, M. (2016). The Role of the Board of Directors in Corporate Governance. Imperial Journal of Interdisciplinary Research (IJIR), 2(5), 707–715.
Kaoje, AN, Sani, AB, Tanko, GI, Babangida, MA, & Sabo, A. (2020). The implications of Corporate Social Cost on the Profitability of Oil Marketing Companies in Nigeria.IOSR Journal of Business and Management. Volume 22, Issue 1. Ser. II (January. 2020), PP 51-56. Cashmere. 2019. Analysis of Financial Statements. Jakarta: Raja Grafindo Persada.
Katoppo, Yudhistira, and Yuni Nustini. 2022. “Pengaruh Profitabilitas, Komite Audit, Ukuran Perusahaan, Dan Komisaris Independen Terhadap Corporate Sustainability Performance.” El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam 3(4):769–91. doi: 10.47467/elmal.v3i5.1085.
Khan, M. (2019). Corporate sustainability practices impact on firm financial performance: Evidence from the Banking Sector of Pakistan. City University Research Journal, 9(2), 427– 438
Khofifah, Siti et al. 2022. “PENGARUH PERAN KOMITE AUDIT , UKURAN PERUSAHAAN , KINERJA KEUANGAN TERHADAP PENGUNGKAPAN SUSTAINABILITY REPORT ( Studi Empiris Pada Perusahaan Go Public Yang Terdaftar Pada ISSI Di Bursa Efek Indonesia Tahun 2016-2020 ).” 2(2):284–313.
Kouser, R., & Masud, MAK (2019). An emerging economy perspective on corporatesustainability reporting– main actors' views on the current state of affairs in Pakistan. Asian Journal of Sustainability and Social Responsibility, 4(1), Article 8.
Krisyadi, Robby, and Elleen Elleen. 2020. “Analisis Pengaruh Karakteristik Perusahaan Dan Tata Kelola Perusahaan Terhadap Pengungkapan Sustainability Report.” Global Financial Accounting Journal 4(1):16. doi: 10.37253/gfa.v4i1.753.
Laurencia, Elvira, and Roekhudin. 2019. “Pengaruh Kinerja Keuangan Terhadap Luas Pengungkapan Sustainability Report.” Paper Knowledge . Toward a Media History of Documents 7(1):1–33.
Liana, Siska. 2019. “The Influence of Profitability, Leverage, Company Size and Board Commissioner Independent on Disclosure of Sustainability Report.”Jesya (Journal of Economics & Sharia Economics)2(2):199–208.
Lucia, Lucia, and Rosinta Ria Panggabean. 2018. “The Effect Of Firm's Characteristic And
Corporate Governance To Sustainability Report Disclosure ”Social Economics and Ecology International Journal (SEEIJ).
Madona, MA, & Khafid, M. (2020). The influence of good corporate governance on disclosure sustainability report with firm size as moderator. Journal of Industrial Systems Optimization, 19(1), 22-32.https://doi.org/10.25077/josi.v19.n1.p22- 32.2020 Mahmood,
Marsuking. 2022. “Pengaruh Profitabilitas Dan Likuiditas Terhadap Pengungkapan Sustainability Report Di Perusahaan Yang Terdaftar Pada Jakarta Islamic Index (JII).” Studi Akuntansi, Keuangan, Dan Manajemen 1(2):97–111. doi: 10.35912/sakman.v1i2.1163.
Meutia, I., Yaacob, Z., & Kartasari, SF (2021).Sustainability reporting: AN OVERVIEW OF THE RECENT DEVELOPMENT.Accounting and Financial Control, Volume 3, Issue 1, 2019– 2020.http://dx.doi.org/10.21511/afc.03(1).2020.03
Meutia, Farah, and Farida K. Titik. 2019. “PENGARUH PROFITABILITAS THE EFFECT OF PROFITABILITY, LEVERAGE, COMPANY SIZE, AND PUBLIK OWNERSHIP ON SUSTAINABILITY REPORT DISCLOSURE (Study of Non-Financial Companies Listed on the Indonesia Stock Exchange in 2015-2017).” 6(2):3543–51.
Nguyen, AH, & Nguyen, LH (2020). Determinants of sustainability disclosure: Empirical evidence from Vietnam.The Journal of Asian Finance, Economics, and Business,7(6), 73-84. Novari, PM, & Lestari, PV (2016). Effect of firm size, leverage, and profitability on firm value in the property and real estate sector (Doctoral dissertation, Udayana University).
Pratiwi, KP, & Chariri, A. (2013). Environmental Incidents, Media Coverage and Practices Environmental Disclosures : Study onSustainability reports Asia Pulp and Paper Co., Ltd.Diponegoro Journal of Accounting, Volume 2, Number 3, Pages 1-12.
Purbandari, Y., & Suryani, R. (2021). GOOD CORPORATE GOVERNANCE TO SUSTAINABILITY REPORTING. Economic Focus: Scientific Journal of Economics, 16(1), 242-254.
Purbandari, Yenny, and Ratna Suryani. 2018. “Good Corporate Governance Sustainability Reporting 242 FOKUS EKONOMI GOOD CORPORATE GOVERNANCE TERHADAP SUSTAINABILITY REPORTING.” 242–54.
Rahaditama, Muhammad Williams. 2022. “PENGARUH KINERJA KEUANGAN DAN TATA KELOLA ORGANISASI TERHADAP PENGUNGKAPAN SUSTAINABILITY REPORTING.” Jurnal Ekonomi Dan Bisnis 9(1):146–56.
Rahman, Aulia Rayendra, Kamaliah, and Devi Safitri. 2017. “The Influence of Financial Performance and Characteristics of Companies Against Disclosure Sustainability reports On Companies Listed on the Indonesia Stock Exchange in 2013-2015 By.” JOM Phonology 4(2):4882–95.
Ruhana, A., & Hidayah, N. (2019). The Effect of Liquidity, Firm Size, and Corporate Governance Towards Sustainability reports Disclosures.Journals: Advances in Economics, Business and Management Research,120.
Sabrina, Hendro Lukman. (2019). Influence Sustainability reports Against Financial Performance Banking Company.Journal of Accounting Paradigm,1(2), 477-486.
Saputri, Shicilya et al. 2022. “PENGARUH KOMITE AUDIT DAN UKURAN PERUSAHAAN TERHADAP SUSTAINABILITY REPORTING (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bei Tahun 2016-2018).” Pareso Jurnal 4(1):239–52.
Septiani, Hanna, Mukhzarudfa, and Yudi. 2018. “The Effect of Company Characteristics and Managerial Ownership of the Quality of Disclosure of Sustainability Reports in Companies Listed on the Bei for the 2014-2017 Period.”Journal of Accounting & Finance, Master of Accounting, University of Jambi57–67.
Setiawan, Eko et al. 2022. “Pengaruh Profitabilitas Dan Likuiditas Terhadap Pengungkapan Sustainability Report Di Perusahaan Yang Terdaftar Pada Jakarta Islamic Index (JII).” Studi Akuntansi, Keuangan, Dan Manajemen 1(2):97–111. doi: 10.35912/sakman.v1i2.1163.
Sinaga, Imelda, and Stella Teddyani. 2020. “Faktor-Faktor Pengungkapan Sustainability Report.” 2(2).
Skouloudis, A., Malesios, C., & Dimitrakopoulos, PG (2019). Corporate biodiversity accounting and reporting in megadiverse countries: An examination of indicators disclosed in sustainability reports. Ecological Indicators, 98, 888–901.
Sofa, FN, & Respati, NW (2020). Influence of the Board of Directors, Board of Independent Commissioners, Audit Committee, Profitability, and Company Size on Disclosure of Sustainability Report (Study of Manufacturing Companies Listed on the Indonesia Stock Exchange in 2017) Influence of the Board of Directors. Economic Dynamics-Journal of Economics and Business, 13(1), 32-49.
Sulistyawati, Ardani Ika, and Aprilia Qadriatin. 2019. “Praktek Pengungkapan Sustainability Report Dan Faktor-Faktor Yang Mempengaruhinya.” Journal Competency of Business 3(1):51–64. doi: 10.47200/jcob.v3i1.669.
Tarigan, J., & Semuel, H. (2014). Disclosuresustainability reportand financial performance. Journal of Accounting and Finance,16(2), 88-101.
Thomas, GN, & Aryusmar, LI (2020). The Effect Of Company Size, Profitability and Leverage On Sustainability reports Disclosure. Journal of Talent Development and Excellence,12(1), 4700-4706.
Tobing, Rotua Aprilya et al. 2019. “Pengaruh Kinerja Keuangan, Ukuran Perusahaan, Dan Good Corporate Governance Terhadap Pengungkapan Sustainability Report Pada Perusahaan Manufaktur Yang Terdaftar Dalam Bursa Efek Indonesia.” Reviu Akuntansi Dan Bisnis Indonesia 3(1):102–23. doi: 10.18196/rab.030139.
Tobing, RA, Zuhrotun, and Rusherlistyani. 2019. Effect of Financial Performance, Size Companies, and Good Corporate Governance on Sustainability Report Disclosures in Manufacturing Companies Listed on the Indonesia Stock Exchange. Indonesian Accounting and Business Review, 3(1), 102–123. Downloaded from https://doi.org/10.18196/rab.030139
Tuan, Le Anh, Phan Thanh Hai, Nguyen Xuan Hung, and Vo Van Nhi. 2019. “Research on Factors Affecting the Disclosure of Sustainable Development Report: Experimental at Vietnam National Petroleum Group.”Asian Economic and Financial Review9(2):232–42.
Tumewu, James. 2017. "James Tumewu Effect of Company and Corporate Characteristics Governance of Sustainability Report Publication Practices in Public Companies in Indonesia
James Tumewu E-ISSN 2502-4159 ”Scientific Journal of Accounting Faculty of Economics (JIAFE)3(1):1–19.
Tusiyati. 2019. “Analysis of the Influence of Financial Performance and Financial Performance on Disclosure of Sustainability Reports on Non-Financial Companies Listed on the Indonesia Stock Exchange.”Journal of Accounting DevelopmentVol.6 No.2:66–85.
Wahjuni Latifah, Sri et al. 2019. “Good Corporate Governance, Kinerja Keuangan Dan Sustainability Report (BUMN Yang Listed Di BEI).” Jurnal Reviu Akuntansi Dan Keuangan 9(2):200–213. doi: 10.22219/jrak.v9i2.56.
Wahyudi, SM (2021). The effect of corporate governance and company characteristics on disclosure of sustainability report companies. European Journal of Business and Management Research, 6(4), 94–99.https://doi.org/10.24018/ejbmr.2021.6.4.929
Welbeck, EE, Owusu, GMY, Bekoe, RA, & Kusi, JA (2017). Determinants of environmental disclosures of listed firms in Ghana. International Journal of Corporate Social Responsibility, 2(1), Article 11.
Wijayana, Erna, and Kurniawati Kurniawati. 2018. “The Effect of Corporate Governance, Return on Assets and Company Age on the Disclosure Area of the Sustainability Report.”Journal of Business Accounting11(2):157–71.
Wulanda, RDP, Hasan, A., & Ilham, E. (2017). Effect of Company Characteristics and Corporate Governance Against Publication of Sustainability Report (Empirical Study on LQ45 Companies Listed on IDX in 2011-2014) (Doctoral dissertation, Riau University).
Wulandari, RNA, & Septiani, A. (2017). Effect of Firm Size, and Profitability Leverage on Sustainability Disclosure (Doctoral dissertation, Faculty of Economics and Business).
Yunan, N., Kadir, & Anwar, K. (2021). EFFECT OF FINANCIAL PERFORMANCE, COMPANY AND CORPORATE GOVERNANCE CHARACTERISTICS ON DISCLOSURE SUSTAINABILITY REPORTS.Fair Value: Scientific Journal of Accounting and Finance,4 (1), 171-193.