Sustainability Reporting Score Explained by Corporate Governance and Firm Level (LQ45 Companies)

Adelyne Adelyne; Andrianantenaina Hajanirina; Irfa Ampri; Mila Austria Reyes

doi:10.55927/ajabm.v5i1.21

Authors

Adelyne Adelyne President University
Andrianantenaina Hajanirina President University
Irfa Ampri President University
Mila Austria Reyes President University

DOI:

https://doi.org/10.55927/ajabm.v5i1.21

Keywords:

Board Characteristic, Board Size, Firm Age, Firm Size

Abstract

This study aims to analyze the importance of corporate governance and firm level impact on company sustainability reporting score. Samples are selected from LQ 45 listed company on the Indonesia Stock Exchange (BEI) for five years (2019-2023) using panel data approach. The result shows that governance, including board characteristics, board size and firm size value show insignificant impact on sustainability reporting. Yet, the firm level more specifically the firm age shows positive and significant impacts on sustainability reporting. It implies that firms focus more on operational maturity not formality. Internal firm dynamics are more relevant in this case that relies on experience from the long period the company is established.

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