PROFITABILITY AND BOARD DYNAMICS: UNVEILING THEIR ROLE IN CORPORATE SUSTAINABILITY DISCLOSURE
Keywords:
Board Gender Diversity, Board Independence, Board Size, Return on Asset, Sustainability Reporting Disclosure
Abstract
This type of quantitative research aims to investigate whether the profitability seen from ROA and board characteristics consisting of board size, board independence, and board gender diversity influences the disclosure of sustainability reporting. The sample used in this research is companies from the food and beverage sub-sector listed on the IDX during the period from 2018 to 2021, selected using the purposive sampling method. Therefore, the number of observations in this research was 124. The results of this study indicate that (1) profitability and board size have a negative and significant effect on the disclosure of sustainability reporting and (2) board independence and board gender diversity have a positive and significant effect on the disclosure of sustainability reporting.
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Welford, R. (2007). Corporate governance and corporate social responsibility: issues for Asia. Corporate Social Responsibility and Environmental Management, 14(1), 42–51. https://doi.org/https://doi.org/10.1002/csr.139
Yuliani. (2019). Pengaruh Mekanisme Good Corporate Governance pada Pengungkapan Tanggung Jawab Sosial Perusahaan yang Tergabung dalam Indeks Kompas 100. Jurnal Ilmiah Manajemen, 3(1), 56–65.
Ardiani, N. P. F., Lindrawati, & Susanto, A. (2022). Pengaruh Mekanisme Good Corporate Governance terhadap Pengungkapan Sustainability Report pada Perusahaan yang Terdaftardi Bursa Efek Indonesia. Jurnal Riset Akuntansi Mercu Buana (JRAMB), 8(1), 78–90. https://doi.org/10.26486/jramb.v8i1.2386
Aulla, I., Askandar, N. S., & Sari, A. F. K. (2022). Pengaruh Ukuran Perusahaan, Profitabilitas dan Tipe Industri terhadap Pengungkapan Sukarela Pelaporan Keberlanjutan. E-JRA, 11(2), 35–43.
Budiarti, E., & Sulistyowati, C. (2014). Struktur Kepemilikan dan Struktur Dewan Perusahaan. Jurnal Manajemen Teori Dan Terapan, 7(3), 161–177.
Budiyani, L. A. S., & Erawati, N. M. A. (2024). Impact of Board Size, Profitability, Public Ownership, and Media Exposure on CSR Disclosure. E-Jurnal Akuntansi, 34(5). https://doi.org/10.24843/EJA.2024.v34.i05.p17
Buzby, S. L. (1975). Company Size, Listed Versus Unlisted Stocks, and the Extent of Financial Disclosure. Journal of Accounting Research, 16.
Campbell, J. L. (2007). Why Would Corporations Behave in Socially Responsible Ways? An Institutional Theory of Corporate Social Responsibility. The Academy of Management Review, 32(3), 946–967. http://www.jstor.org/stable/20159343
Damayanti, P., Prihanto, H., & Fairuzzaman. (2021). Pengaruh Good Corporate Governance, Kepemilikan Saham Publik dan Profitabilitas terhadap Tingkat Pengungkapan Corporate Social Responsibility. Jurnal Ekonomi Pembangunan, 7(2), 94–104.
Elkington, J. (1999). Cannibals with Forks: The Triple Bottom Line of 21st Century Business. Capstone.
Farida, D. N. (2019). Pengaruh Diversitas Gender Terhadap Pengungkapan Sustainability Development Goals. Jurnal Akuntansi Indonesia, 8(2), 89–107.
Hamidah, & Sastra, R. (2020). The Role of a Sustainability Report in Mediating the Effect of Board Size on Firm Value. International Journal of Innovation, Creativity and Change, 10(12), 437–446. www.ijicc.net
Hidayat, T. (2017). Pengaruh Pengungkapan Corporate Social Responsibility dan Struktur Kepemilikan Terhadap Praktik Penghindaran Pajak. Emerging Infectious Diseases, 4(1), 1–7.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/https://doi.org/10.1016/0304-405X(76)90026-X
Justin, P., & Hadiprajitno, P. T. B. (2019). Pengaruh Struktur Dewan Direksi terhadap Pengungkapan Laporan Keberlanjutan Perusahaan. Diponegoro Journal of Accounting, 8(3), 1–9.
Liana, S. (2019). Pengaruh Profitabilitas, Leverage, Ukuran Perusahaan, dan Dewan Komisaris Independen terhadap Pengungkapan Sustainability Report. Jurnal Ekonomi & Ekonomi Syariah, 2(2), 199–208.
Mapparessa, N., Bakry, M. I., Totanan, C., Mile, Y., & Arumsari, A. (2017). The Effect of Political Visibility, Company Characteristics and Gender Diversity to Sustainability Report Disclosure. International Journal of Civil Engineering and Technology, 8(9), 1019–1028. http://iaeme.comhttp://iaeme.com/Home/journal/IJCIET1020
Mudiyanselage, N. C. S. R. (2018). Board Involvement in Corporate Sustainability Reporting: Evidence from Sri Lanka. Corporate Governance: The International Journal of Business in Society, 18(6), 1042–1056. https://doi.org/10.1108/CG-10-2017-0252
Prabaningrum, S., & Pramita, Y. D. (2020). Pengaruh Karakteristik Perusahaan dan Tata Kelola Perusahaan terhadap Pengungkapan Sustainability Report. Prosiding 2nd Business and Economics Conference in Utilizing of Modern Technology, 330–345.
Primadita, A., & Haryono, N. A. (2021). Dinamika Bisnis Selama Pandemi Covid-19 pada Tingkat Likuiditas Perusahaan Pertanian dan Consumer Goods di Indonesia. Business Management Analysis Journal (BMAJ), 4(1), 97–120. https://doi.org/10.24176/bmaj.v4i1.6039
Purnomo, D. W., & Rizki, A. (2020). Board Diversity and Corporate Social Responsibility Disclosure in the Property, Real Estate and Construction Sectors. International Journal of Innovation, Creativity and Change, 13(4), 727–744.
Putri, A. D., & Surifah. (2022). Pengaruh Leverage dan Good Corporate Governance Terhadap Pengungkapan Sustainability Report. Jurnal Magisma, 10(1), 22–34.
Riyadh, H. A., Sukoharsono, E. G., & Alfaiza, S. A. (2019). The Impact of Corporate Social Responsibility Disclosure and Board Characteristics on Corporate Performance. Cogent Business and Management, 6, 1–18. https://doi.org/10.1080/23311975.2019.1647917
Said, S. N. R., & Ridwan, R. A. (2022). Peran Diversitas Gender Dalam Pengungkapan Sustainibility Development Goals Pada Perusahaan Pertambangan Yang Terdaftar Di BEI. Jurnal Mirai Management, 7(3), 321–329. https://doi.org/10.37531/mirai.v7i3.3467
Utami, R. A. (2020). Pengaruh Profitabilitas, Ukuran Perusahaan dan Komite Audit terhadap Pengungkapan Sustainability Report. Universitas Pasundan.
Viana, D. B. C., Lourenço, I., & Black, E. L. (2022). Financial distress, earnings management and Big 4 auditors in emerging markets. Accounting Research Journal, 35(5), 660–675. https://doi.org/10.1108/ARJ-06-2021-0165
Wahyuningrum, I. F. S., Oktavilia, S., & Utami, S. (2022). The Effect of Company Characteristics and Gender Diversity on Disclosures Related to Sustainable Development Goals. Journal Sustainability 2022, 14, 1–13. https://doi.org/10.3390/su142013301
Welford, R. (2007). Corporate governance and corporate social responsibility: issues for Asia. Corporate Social Responsibility and Environmental Management, 14(1), 42–51. https://doi.org/https://doi.org/10.1002/csr.139
Yuliani. (2019). Pengaruh Mekanisme Good Corporate Governance pada Pengungkapan Tanggung Jawab Sosial Perusahaan yang Tergabung dalam Indeks Kompas 100. Jurnal Ilmiah Manajemen, 3(1), 56–65.
Published
2025-06-08
How to Cite
Boli, H. A. R. R., & Rahayuningsih, I. (2025). PROFITABILITY AND BOARD DYNAMICS: UNVEILING THEIR ROLE IN CORPORATE SUSTAINABILITY DISCLOSURE. Jurnal Riset Akuntansi Aksioma, 24(1), 173-189. https://doi.org/10.29303/aksioma.v24i1.487
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Articles
Copyright (c) 2025 Hubertus Ade Resha Raditya Boli, Ika Rahayuningsih
This work is licensed under a Creative Commons Attribution 4.0 International License.
