Dampak Struktur Dewan Direksi pada Indeks Laporan Keberlanjutan

Abstract

Sustainability reporting is the medium used to report on environmental, social, economic and corporate governance performance in a responsible manner to all stakeholders. The purpose of this study is to determine the impact of board structure on the sustainability reporting index. Board size, independence, gender diversity, expertise and remuneration, and foreign boards are used to represent board structure. One control variable, firm size, was used in this study. Data were collected from companies listed on the Indonesia Stock Exchange and disclosing sustainability reports from 2016-2020. There are up to 290 observations that meet the criteria. There are 273 data used to test the hypothesis, including as many as 17 outliers, using panel regression method. The results of this study indicate that the level of disclosure of sustainability reports by listed companies on the IDX remains low. The variable of board size has a significant negative effect on the sustainability reporting index. The control variables of board compensation and corporate sector have a positive effect on the sustainability reporting index. The independent variables and other control variables, namely board independence, gender diversity and professionalism, and foreign boards, do not have a significant effect on the sustainability reporting index.