The purpose of this research is to analyze how financial performance and board diversity affect the disclosure of sustainability reports. This study collects samples through purposive sampling ...technique. A total of 125 samples data were taken from companies in Indonesia that were included in Bursa Efek Indonesia, for six consecutive years, which disclosed sustainability reports. The year under study is the latest and closest year, 2017-2022. Disclosure of sustainability reports will use the GRI Standards 2016 with total assessment of 77 items, each item listed will be given a value of one. Financial performance proxied by return on assets, return on equity and Tobin’s q. Board diversity is proxied by board gender, board independent and board education. The result showed that financial performance, board gender, board independent has significant positive effect on sustainability report disclosure. Board education has no effect on sustainability report disclosure. The research findings good financial performance indicates that management is good at managing the company and is responsible to stakeholders; this has an impact on sustainability disclosure. Existence and representation of women in the leadership of a company can be one of the drivers of companies to be more concerned with voluntary disclosures and larger independent board commissioners represents that their role to lead the strategy and policies related to sustainability issues. Meanwhile, diversity of educational background is unable to encourage management on better perspective to social and environmental concerns.
The modern society is developing rapidly, and humanity is facing unprecedented environmental pollution, global warming, climate change and various environmental problems. As a result, companies, a ...key social organization in modern capitalist society, are increasingly taking environmental and social responsibility. ESG management is an enterprise management that emphasizes non-financial factors (environment, society and corporate government). Recently, ESG considerations have become increasingly important in corporate management and investment. In preparation for this situation, companies are continuously releasing sustainability report to improve internal systems and build systems. As society is paying keen attention to ESG management, the number of actual management cases is increasing. However, in proportion to this interest, cases of greenwashing, which can be called fake eco-friendly marketing, have also been discovered, such as eco-friendly products or exaggerated carbon emission reductions. Accordingly, the comprehensive review examined cases of environmental factors in ESG management for overseas evaluation agencies that provide ESG management and related standards. In addition, a plan was proposed to establish sustainable corporate management using comprehensive domestic evaluation criteria.
This study aims to determine the effect of profitability, leverage, and firm size on sustainability report disclosure in healthcare, energy, and financial sector companies listed on the Indonesia ...Stock Exchange in the 2019 to 2021 period. Samples were selected using non-probability sampling and purposive sampling techniques, and the data obtained consisted of 12 companies. Data were processed using the EViews (Econometric Views) version 12 program. The results of this study indicate that profitability and leverage have a positive and significant effect on sustainability report disclosure, while firm size does not affect sustainability report disclosure. This research implies that companies with high levels of funds tend to make broader sustainability report disclosures, so to obtain a high level of sustainability report disclosure requires a large amount of funds, which can also be obtained from the company's operating profit or by borrowing funds (debt) to creditors.
According to POJK No 51/POJK.03/2017, since January 2020, public companies are required to prepare a sustainability report (SR). This study aims to examine whether the quality of the sustainability ...report disclosure (SCR) has a significant association with firm value, and to examine SCR in a mandatory and voluntary context. This study uses a panel data regression method consisting of all publicly listed companies (nonfinancial companies) in Indonesia which published an SR in 2019 and 2020. The results show that there were differences in SCR in the voluntary period (2019) and the mandatory period (2020), and that SCR had a positive association with firm value.
One form of company participation in sustainable development is the preparation of quality reports (SR) taking into account SR content and pressure from stakeholders including the determinants of SR ...quality in companies listed on the IDX during 2017-2020 with an isomorphism theory approach. The sample for this study was 444 companies using the purposive method, with the criteria for companies compiling SRs during the year of observation either separately or in combination with the annual financial statements. Data analysis with multivariate regression. The results showed that environmental pressure and social pressure coercively isomorphism had an effect on SR quality, and industrial pressure had mimetic isomorphism affected SR quality, while normative pressure from the audit committee had no effect on SR quality because p > 0.05. This study proves that testing the quality of SR with a coercive, mimetic, and normative isomorphism theory approach can determine the quality of SR.
This research is conducted to find deeper meaning regarding the implementation of CSR for the environment carried out by PT Amerta Indah Otsuka (Pocari Sweat) Kejayan. This research is ...non-positivistic research that leads to an interpretive paradigm with a transcendental phenomenological approach. This approach can explore the meaning of people who already have experience with CSR implementation of PT Amerta Indah Otsuka (AIO) Kejayan. The results show that this company’s CSR in the form of the environment are village greening, nursery rooms, making Biopore holes, conservation of water catchment areas, revitalizing the Bangil City square, revitalizing the Malabar City forest, and the cleanest hamlet and city forest competition. The realization of the CSR program is carried out based on existing needs and problems so that the company can open-heartedly assist in the form of social responsibility. Suggestions for future researchers are to make a phenomenological study to the public who get and feel the CSR program from the company so that readers can know the benefits and objectives of implementing CSR.
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