The Impact of Profitability, Corporate Size, and Public Ownership on the Disclosure of Sustainability Reports Listed in Indonesia

Mediaty Mediaty; Nurfadilah Pratiwi

doi:10.55927/fjst.v2i12.7262

Authors

Mediaty Mediaty Faculty of Economics and Business, Hasanuddin University, Indonesia
Nurfadilah Pratiwi Faculty of Economics and Business, Hasanuddin University, Indonesia

DOI:

https://doi.org/10.55927/fjst.v2i12.7262

Keywords:

Profitability, Company size, Public Ownership, Sustainability Report Disclosure

Abstract

This research seeks to explore the impact of profitability, company size, and public ownership on the disclosure of sustainability reports. Employing a quantitative research approach, the study utilizes secondary data sourced from the official Indonesia Stock Exchange (IDX) website. The collected data is then analyzed using the SPSS tool. The research focuses on companies listed in LQ-45 on the IDX during the period 2020-2022, with purposive sampling as the chosen method. The findings of this study reveal the following: (1) Profitability does not exert a significant negative influence on sustainability report disclosure for PT Antam Tbk, PT Perusahaan Gas Negara Tbk, and PT Vale Tbk; (2) Company size demonstrates a significant positive impact on sustainability report disclosure for PT Antam Tbk, PT Perusahaan Gas Negara Tbk, and PT Vale Tbk; (3) Public ownership exhibits a significant negative effect on sustainability report disclosure for PT Antam Tbk, PT Perusahaan Gas Negara Tbk, and PT Vale Tbk.

Downloads

Download data is not yet available.

References

Ahmad, N.N.N. and Sulaiman, M. (2004), “Environmental disclosures in Malaysian annual reports: a legitimacy theory perspective”, International Journal of Commerce and Management, Vol. 14 No. 1, pp. 44-58.

Alfiyah, S. N. (2018). Effect of Profitability and Leverage on Disclosure of Corporate Social Responsibility in Islamic Commercial Banks. Journal of Finance and Islamic Banking: Vol. 1 No. 2, July-December 2018

Aifuwa, H. O. (2020). Sustainability reporting and firm performance in developing climes: A review of literature. Copernican Journal of Finance and Accounting: Vol. 9. Issue (1), 9–29

Aris, Nazaria Md, Suzila Mohamed Yusof, Nur Izzah Imani Idris, Nurul Syuhada Zaidi, dan Razman Anuar. (2020) Analysis of Firms’ Characteristics Affecting the Sustainability Reporting Disclosure in Malaysia. International Journal of Academid Research in Business and Social Science: Vol. 11 No. 14

Belal, A., & Owen, D. L. (2015). The rise and fall of stand–alone social reporting in a multinational subsidiary in Bangladesh: A case study. Accounting, Auditing and Accountability Journal, 28(7), 1160–1192. https://doi.org/10.1108/AAAJ‐08‐2013‐1443

De Villiers, C., & Van Staden, C. J. (2006). Can less environmental disclosure have a legitimising effect? Evidence from Africa. Accounting, Organizations and Society, 31(8), 763–781. https://doi.org/10.1016/j.aos.2006.03.001

Dwipayadnya, Putu Agus, Ni Luh Putu Wiagustini dan Ida Bgs. Anom Purbawangsa (2015) Kepemilikan Manajerial dan Leverage sebagai Prediktor Profitabilitas dan Pengungkapan Corporate Social Responsibility. Jurnal Buletin Studi Ekonomi, 20(2), pp:150-157.

Indrawahyuni, Alimuddin, Hamid H., Mediaty (2020) “Esensi Akuntansi Lingkungan Dalam Keberlanjutan Perusahaan”, Jurnal Ilmiah Akuntansi Manajemen,

http//doi: 10.35326/jiam.v3i2

Indraswari, I Gusti Ayu Laksmi dan N. P. S. H. Mimba,(2017) “Pengaruh Profitabilitas, Pertumbuhan Perusahaan, Kapitalisasi Pasar dan Kepemilikan Saham Publik pada Tingkat Pengungkapan CSR,” E-Jurnal Akuntansi Universitas Udayana, pp. 1218-1248,

Jahid, M. A., Rashid, M. H. U., Hossain, S. Z., Haryono, S., dan Jatmiko, B. (2020). Impact of Corporate Governance Mechanisms on Corporate Social Responsibility Disclosure of Publicly-Listed Banks in Bangladesh. Journal of Asian Finance, Economics and Business Vol 7 No 6 061 – 071.

Jensen, M.C. dan Meckling. (1976). Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure. Journal of Financial Economics. 3:305-360.

Mentalita, H., Muda, I., dan Keulana. (2019). The Effect Of Liquidity, Profitability, Leverage And Corporate Social Responsibility On Company Value With Dividend Policy As a Moderating Variable. Journal of public Budgeting, Accounting and Finance: Vol. 2. No. 1.

Meutia, Farah dan Farida Titik K. (2019). Pengaruh Profitabilitas, Leverage, Ukuran Perusahaan dan Kepemilikan Publik Terhadap Pengungkapan Laporan Berkelanjutan. E-Proceeding of Management, Vol. 6, No.2.

Nasir, Azwir dkk. 2014. Pengaruh Karakteristik Perusahaan dan Corporate Governance Terhadap Pengungkapan Sustainability Report. Jurnal Ekonomi, Vol. 22, No.1.

Nur, Marzully dan Denies Priantinah. (2012). Analisis Faktor-Faktor yang Mempengaruhi Pengungkapan Corporate Social Responsibility di Indonesia (Studi Empiris pada Perusahaan Berkategori High Profile yang Listing di Bursa Efek Indonesia). Nominal: Barometer Riset Akuntansi dan Manajemen. 1(2), pp:23-33

Rinaldi, L., Unerman, J. & De Villiers, C. (2018). Evaluating the integrated reporting journey: Insights, gaps and agendas for future research. Accounting, Auditing & Accountability Journal: Vol.31 (5), 1294- 1318

Ruhana, A., dan Hidayah, N. (2019). The Effect of Liquidity, Firm Size, and Corporate Governance Toward Sustainability Report Disclosures. Journals: Advances in Economics, Business and Management Research, volume 120

Sari, Mega Putri Yustisia dan Marsono. (2013) Pengaruh Kinerja Keuangan, Ukuran Perusahaan dan Corporate Governance Terhadap Pengungkapan Sustainability Report. Diponegoro Journal Of Accounting, Vol. 2, No.3.

Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Journal, 20(3), 571–610

Sugiarto, FGP. 2013. Pengaruh Karakteristik Perusahaan terhadap Luas Pengungkapan Corporate Social Responsibility (CSR) pada Perusahaan Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia. Jurnal Akuntansi UNESA, 2(1), pp: 1-19.

Tate, W. L., Ellram, L. M., & Kirchoff, J. F. (2010). Corporate social responsibility reports: A thematic analysis related to supply chain management. Journal of Supply Chain Management, 46(1), 19–44. https://doi.org/10.1111/j.1745‐493X.2009.03184.x

Thomas, Gen Norman, Aryusmar, Lely Indriaty. (2020), “The Effect Of Company Size, Profitability and Leverage On Sustainability Report Disclosur”, Talent Development and Excellence, Vol. 12 No. 1.