Good Corporate Governance, Ukuran Perusahaan, dan Sustainability Report dengan Kepemilikan Institusional Sebagai Pemoderasi
Abstract
This study aims to obtain empirical evidence regarding the influence of the board of directors, independent commissioners, audit committee, and company size on the sustainability report with institutional ownership as a moderating variable. The number of samples used was 117, with the sample collection method using purposive sampling method, while the data collection method used in this study was documentation. The data analysis technique used is Moderated Regression Analysis (MRA). The results showed that the board of directors, independent commissioners, and audit committee had a positive effect on the sustainability report, while company size had no effect on the sustainability report. In addition, institutional ownership is able to moderate the influence of the board of directors, independent commissioners, and company size on the sustainability report. Meanwhile, institutional ownership was not able to moderate the effect of the audit committee on the sustainability report.
Keywords: Good Corporate Governance; Sustainability Report.
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References
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Majeed, S., Aziz, T., & Saleem, S. (2015). The Effect of Corporate Governance Elements on Corporate Social Responsibility (CSR) Disclosure: An Empirical Evidence from Listed Companies at KSE Pakistan. International Journal of Financial Studies, 3(4), 530–556. https://doi.org/10.3390/ijfs3040530
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Pramiana, O., & Anisah, N. (2018). Implementasi Corporate Social Responsibility (CSR) Dalam Perspektif Shariah Enterprise Theory. Jurnal Riset Ekonomi Dan Bisnis, 13(2), 169–182.
Ria, Aniktia; Muhammad, K. (2015). Pengaruh Mekaniseme Good Corporate Governance Dan Kinerja Keuangan Terhadap Pengungkapan Sustainability Report. Accounting Analysis Journal, 4(3), 1–10. https://doi.org/10.15294/aaj.v4i3.8303
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Wartina, Prima Apriweni, E. (2018). Dampak Kinerja Lingkungan, Kepemilikan Institusional, Kepemilikan Publik, Leverage, Ukuran Perusahaan Dan Pertumbuhan Perusahaan Terhadap Pengungkapan Tanggungjawab Sosial. Jurnal Akuntansi, 7(1), 31–52. https://doi.org/10.46806/ja.v7i1.454
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Zahir, M., Soewarno, N., & Airlangga, U. (2020). The Effect of Firm Sizes on Firm Performance : GCG Mechanism and CSR Disclosure as Intervening Variables in an Indonesian Study. International Journal of Innovation, Creativity and Change, 13(4), 1418–1435. https://doi.org/10.17051/ilkonline.2020.04.160
Βurns Westοn, S. (2015). International Journal of Ethics. Kant-Studien, 5(1–3). https://doi.org/10.1515/kant-1901-0143
Adila, W., & Syofyan, E. (2016). Pengaruh Corporate Governance dan Karakteristik Perusahaan Terhadap Pengungkapan Sustainability Report: Studi Empiris pada Perusahaan yang Terdaftar di BEI tahun 2010-2014. Jurnal WR, 4(2), 777–792.
Aliniar, D., & Wahyuni, S. (2017). Pengaruh Mekanisme Good Corporate Governance (GCG) Dan Ukuran Perusahaan Terhadap Kualitas Pengungkapan Sustainability Report Pada Perusahaan Terdaftar Di Bei. Jurnal Universitas Muhammadiyah Purwekerto, 15(1), 26–41.
Awalia, E. N., Anggraini, R., & Prihatni, R. (2015). Pengaruh Dewan Direksi, Dewan Komisaris Independen, Laverage, Dan Aktivitas Perusahaan Terhadap Pengungkapan Sustainability report. Jurnal Articel, 10(2), 124–139.
Barung, M., Simanjuntak, A. M. A., & Hutadjulu, L. Y. (2018). Pengaruh Mekanisme Good Corporate Governance Dan Ukuran Perusahaan Terhadap Kualitas Pengungkapan Sustainability Report (Studi Empiris Pada Seluruh Perusahaan Yang Listing Di Bursa Efek Indonesia Periode 2011-2016). Jurnal Akuntansi & Keuangan Daerah, 13(November), 76–89. https://doi.org/10.1017/CBO9781107415324.004
Bose, S., Saha, A., Khan, H. Z., & Islam, S. (2017). Non-financial disclosure and market-based firm performance: The initiation of financial inclusion. Journal of Contemporary Accounting and Economics, 13(3), 263–281. https://doi.org/10.1016/j.jcae.2017.09.006
Dharmawan Krisna, A., & Suhardianto, N. (2016). Faktor-Faktor yang Mempengaruhi Pengungkapan Tanggung Jawab Sosial. Jurnal Akuntansi Dan Keuangan, 18(2), 119–127. https://doi.org/10.9744/jak.18.2.119-128
Diono, H., Jatmiko, T., & Prabowo, W. (2017). Analisis Pengaruh Mekanisme Corporate Governance, Profitalbilitas, Dan Ukuran Perusahaan Terhadap Tingkat Pengungkapan Sustainability Report. Analisis Pengaruh Mekanisme Corporate Governance, Profitalbilitas, Dan Ukuran Perusahaan Terhadap Tingkat Pengungkapan Sustainability
Report, 6(3), 615–624.
Division, A., & Group, A. S. (2018). The Effect Of Firm ’ S Characteristic And Corporate Governance. 2(1), 18–28.
Fatchan, I. N., & Trisnawati, R. (2018). Pengaruh Good Corporate Governance Pada Hubungan Antara Sustainability Report Dan Nilai Perusahaan (Studi Empiris Perusahaan Go Public di Indonesia Periode 2014-2015). Riset Akuntansi Dan Keuangan Indonesia, 1(1), 25–34. https://doi.org/10.23917/reaksi.v1i1.1954
Ferri, L. M., Pedrini, M., & Pilato, V. (2016). The management of stakeholder dialogue in different institutional contexts: an empirical study on FTSE4GOOD companies. Journal of Cleaner Production, 136, 226–236. https://doi.org/10.1016/j.jclepro.2016.01.100
Glembotskaya, G. T., Eremin, S. Y., & Chupandina, E. E. (2020). Scientific priorities and real prospects for cost optimization in formulation development. Entrepreneurship and Sustainability Issues, 7(3), 1484–1499. https://doi.org/10.9770/jesi.2020.7.3(4)
Hani, M. (2017). Faculty of Economics Riau University ,. JOMFekom, 4(1), 843–857. https://media.neliti.com/media/publications/125589-ID-analisis-dampak-pemekaran-daerah-ditinja.pdf
Hasanuddin, M. Z., & Suryani, E. (2019). The Influence of Financial Performance, Corporate Governance, and Stock Prices to the Sustainability Reporting (Study of companies that listed on Indonesia Stock Exchange in 2014 – 2017). 343(Icas), 119–123. https://doi.org/10.2991/icas-19.2019.26
Khafid, M. (2012). Kontribusi Karakteristik Perusahaan dan Corporate Governance Terhadap Publikasi Sustainability Report. Jurnal Ekonomi Dan Keuangan, 80, 340–359.
Liana, S. (2019). Pengaruh Profitabilitas, Leverage , Ukuran Perusahaan dan Dewan Komisaris Independen terhadap Pengungkapan Sustainability Report. Jesya (Jurnal Ekonomi & Ekonomi Syariah), 2(2), 199–208. https://doi.org/10.36778/jesya.v2i2.69
Lindawati, A. S. L., & Puspita, M. E. (2015). Corporate Social Responsibility: Implikasi Stakeholder dan Legitimacy Gap dalam Peningkatan Kinerja Perusahaan. Jurnal Akuntansi Multiparadigma, 157–174. https://doi.org/10.18202/jamal.2015.04.6013
Madona, M. A., & Khafid, M. (2020). Pengaruh Good Corporate Governance terhadap Pengungkapan Sustainability Report dengan Ukuran Perusahaan sebagai Pemoderasi. Jurnal Optimasi Sistem Industri, 19(1), 22. https://doi.org/10.25077/josi.v19.n1.p22-32.2020
Mahmood, Z., Kouser, R., Ali, W., Ahmad, Z., & Salman, T. (2018). Does corporate governance affect sustainability disclosure? A mixed methods study. Sustainability (Switzerland), 10(1), 1–20. https://doi.org/10.3390/su10010207
Majeed, S., Aziz, T., & Saleem, S. (2015). The Effect of Corporate Governance Elements on Corporate Social Responsibility (CSR) Disclosure: An Empirical Evidence from Listed Companies at KSE Pakistan. International Journal of Financial Studies, 3(4), 530–556. https://doi.org/10.3390/ijfs3040530
Manurung, D. et al. (2017). Effect of Corporate Governance, Financial Performance and Environmental Performance on Corporate Social Responsibility Disclosure. Asian Journal of Finance & Accounting, 6(1), 15–28. https://doi.org/10.5296/ajfa.v10i1.12592
Needles, B. E., Frigo, M. L., Powers, M., & Shigaev, A. (2016). Integrated reporting and sustainability reporting: An exploratory study of high performance companies. Studies in Managerial and Financial Accounting, 31, 41–81. https://doi.org/10.1108/S1479-351220160000031019
Noviani, K., Yuniarta, G. A., & Wahyuni, M. A. (2017). Pengaruh Tingkat Profitabilitas, Komposisi Dewan Komisaris Independen, dan Kepemilikan Institusional terhadap Pengungkapan Corporate Social Responsibility Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2014 - 2016. E-Journal Akuntansi, 8(2).
Nurleni, Bandang, A., & Amiruddin, A. (2017). The Effect of Managerial and Institutional Ownership on Corporate Social Responsibility Disclosure. International Journal of Law and Management, 60(4), 979–987.
Pramiana, O., & Anisah, N. (2018). Implementasi Corporate Social Responsibility (CSR) Dalam Perspektif Shariah Enterprise Theory. Jurnal Riset Ekonomi Dan Bisnis, 13(2), 169–182.
Ria, Aniktia; Muhammad, K. (2015). Pengaruh Mekaniseme Good Corporate Governance Dan Kinerja Keuangan Terhadap Pengungkapan Sustainability Report. Accounting Analysis Journal, 4(3), 1–10. https://doi.org/10.15294/aaj.v4i3.8303
Rohmah, D. (2015). Faktor-Faktor Yang Mempengaruhi Pengungkapan Corporate Social Responsibility Di Dalam Laporan Sustainability (Studi Empiris Pada Perusahaan yang listing di Bursa Efek Indonesia Tahun 2010-2013). 5(2), 243–262.
Ruhana, A., & Hidayah, N. (2020). The Effect of Liquidity, Firm Size, and Corporate Governance Toward Sustainability Report Disclosures (Survey on: Indonesia Sustainability Report Award Participant). 120(Icmeb 2019), 279–284. https://doi.org/10.2991/aebmr.k.200205.048
Sinaga. (2017). The Effect of Profitability, Activity Analysis, Industrial Type and Good Corporate Governance Mechanism on The Disclosure of Sustainability Report. Accounting Analysis Journal, 6(3), 347–358. https://doi.org/10.15294/aaj.v6i3.18690
Sintyawati, Ni Luh Ary, M. R. D. S. & Made Rusmala Dewi S (2018). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional Dan Leverage Terhadap Biaya Keagenan Pada Perusahaan Manufaktur. E-Jurnal Manajemen Unud, 7(2), 993–1020.
Sofa, F. N., & Respati, N. W. (2020). Ukuran Perusahaan terhadap Pengungkapan Sustainability Report ( Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2017 ). Jurnal Ekonomi Dan Bisnis, 13(1), 32–49.
Tamrin, M., & Maddatuang, B. (2019). Pencapaian Konsep Good Corporate Governance dalam Industri Manufaktur di Indonesia. PT Penerbit IPB Press.
Wang, M. C. (2017). The relationship between firm characteristics and the disclosure of sustainability reporting. Sustainability (Switzerland), 9(4). https://doi.org/10.3390/su9040624
Wartina, Prima Apriweni, E. (2018). Dampak Kinerja Lingkungan, Kepemilikan Institusional, Kepemilikan Publik, Leverage, Ukuran Perusahaan Dan Pertumbuhan Perusahaan Terhadap Pengungkapan Tanggungjawab Sosial. Jurnal Akuntansi, 7(1), 31–52. https://doi.org/10.46806/ja.v7i1.454
Willyanto, P., Marciano, D., & Siswantoyo, D. (2019). The Impact of Corporate Governance on Firm’s Performance with Capital Structure as an Intervening Variable. 73, 158–164. https://doi.org/10.2991/aicmar-18.2019.12
Zahir, M., Soewarno, N., & Airlangga, U. (2020). The Effect of Firm Sizes on Firm Performance : GCG Mechanism and CSR Disclosure as Intervening Variables in an Indonesian Study. International Journal of Innovation, Creativity and Change, 13(4), 1418–1435. https://doi.org/10.17051/ilkonline.2020.04.160
Βurns Westοn, S. (2015). International Journal of Ethics. Kant-Studien, 5(1–3). https://doi.org/10.1515/kant-1901-0143
Published
2021-06-26
How to Cite
DEWI, Ida Ayu Sintya Puspita; RAMANTHA, I Wayan.
Good Corporate Governance, Ukuran Perusahaan, dan Sustainability Report dengan Kepemilikan Institusional Sebagai Pemoderasi.
E-Jurnal Akuntansi, [S.l.], v. 31, n. 6, p. 1451-1466, june 2021.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/71085>. Date accessed: 23 apr. 2024.
doi: https://doi.org/10.24843/EJA.2021.v31.i06.p08.
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