The Impact of Stakeholders Pressure on Sustainability Report Disclosure

Abstract

The purpose of the study to analyze how stakeholder demand impact sustainable reports disclosure. Factors that can influence social and environmental responsibility disclosure policies are exposure to the media, shareholders, employees, and the government. The population of study consisted of manufacturing companies that were listed between 2020 and 2022 on the Indonesian Stock Exchange (IDX). Researcher using the purposive sampling technique to choose the sample, and criteria included listing of the Indonesian Stock Exchange (IDX) in 2020–2022, publishing sustainability reports during the fiscal year, and having data processed. 231 imbalanced observational data point and 106 corporate samples made up the final sample. The study's secondary data collection shows the sustainability report and an annual report that are available on the official website of each corporation. The results show that these companies are currently only disclosing 58,2% of the mandatory sustainability reports. The study's findings demonstrate that media coverage significantly improves the disclosure of sustainability reports.