Sustainability Reporting and The Quality of Financial Reports: Analysis of The Role of Ownership Structure in Indonesian Corporations
(1) Sriwijaya University
(2) Sriwijaya University
(3) Sriwijaya University
(*) Corresponding Author
Abstract
This study examines the influence of sustainability reporting on financial reporting quality, with institutional ownership as a moderating variable in Indonesian corporations. Using a sample of 55 companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2023, this research employs a Moderated Regression Analysis (MRA) approach with panel data analysis. The results indicate that sustainability reporting does not significantly affect financial reporting quality, suggesting that sustainability disclosures in Indonesia are still voluntary and may not directly impact accounting conservatism. Furthermore, institutional ownership weakens the relationship between sustainability reporting and financial reporting quality, implying that institutional investors prioritize short-term financial performance over sustainability transparency. This study provides a deeper understanding of the factors that influencing the relationship between sustainability reporting and financial reporting quality in Indonesian listed companies.
Keywords
References
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