Faktor yang Mempengaruhi Pengungkapan Materialitas pada Laporan Keberlanjutan
Abstract
The concept of materiality is now becoming increasingly important for the measurement and reporting of corporate sustainability performance because it can be used as a tool in disclosing material aspects so that sustainability reports are more relevant to stakeholders. This study aims to provide empirical evidence and analyze the effect of financial performance, leverage and firm size on disclosure of materiality in sustainability reports. The research population is a publicly listed company on the Indonesia Stock Exchange for the period 2018 to 2021. The sampling technique uses the purposive sampling method and the final sample is 47 companies. Analysis of the data used is Panel Data Regression. The results of the analysis show that financial performance, leverage and firm size have a positive effect on the disclosure of materiality in the sustainability report.
Keywords: Sustainability Report; Financial Performance; Leverage; Firm Size.
Downloads
Download data is not yet available.
References
Adhariani, D., & du Toit, E. (2020). Readability of Sustainability Reports: Evidence from Indonesia. Journal of Accounting in Emerging Economies, 10(4), 621–636. https://doi.org/10.1108/JAEE-10-2019-0194
Afifulhaq, A. F. (2018). Pengaruh Profitabilitas, Leverage, Likuiditas, Aktivitas Perusahaan, dan Corporate Governance terhadap Pengungkapan Sustainability Reporting. Analytical Biochemistry, 11(1), 1–5.
Aifuwa, H. O. (2020). Sustainability Reporting and Firm Performance in Developing Climes: A Review of Literature. Copernican Journal of Finance & Accounting, 9(1), 9. https://doi.org/10.12775/cjfa.2020.001
Aliniar, D., & Wahyuni, S. (2017). Pengaruh Mekanisme Good Corporate Governance (GCG) dan Ukuran Perusahaan terhadap Kualitas Pengungkapan Sustainability Report pada Perusahaan Terdaftar Di BEI. Jurnal Universitas Muhammadiyah Purwokerto, 15(1), 26–41.
Amidjaya, P. G., & Widagdo, A. K. (2020). Sustainability Reporting in Indonesian Listed Banks: Do Corporate Governance, Ownership Structure and Digital Banking Matter? Journal of Applied Accounting Research, 21(2), 231–247. https://doi.org/10.1108/JAAR-09-2018-0149
Beske, F., Haustein, E., & Lorson, P. C. (2020). Materiality Analysis in Sustainability and Integrated Reports. Sustainability Accounting, Management and Policy Journal, 11(1), 162–186. https://doi.org/10.1108/SAMPJ-12-2018-0343
Buallay, A. (2020). Sustainability Reporting and Firm’s Performance: Comparative Study between Manufacturing and Banking Sectors. International Journal of Productivity and Performance Management, 69(3), 431–445. https://doi.org/10.1108/IJPPM-10-2018-0371
Chang, W. F., Amran, A., Iranmanesh, M., & Foroughi, B. (2019). Drivers of Sustainability Reporting Quality: Financial Institution Perspective. International Journal of Ethics and Systems, 35(4), 632–650. https://doi.org/10.1108/IJOES-01-2019-0006
Damayanti, A., & Hardiningsih, P. (2021). Determinan Pengungkapan Laporan Berkelanjutan. Journal Akuntansi Dan Pajak, 22(01), 1–16. https://doi.org/http://dx.doi.org/10.29040/jap.v22i1.2756.
Dang, C., (Frank) Li, Z., & Yang, C. (2018). Measuring Firm Size in Empirical Corporate Finance. Journal of Banking and Finance, 86, 159–176. https://doi.org/10.1016/j.jbankfin.2017.09.006
Diono, H., & Prabowo, T. J. W. (2017). Analisis Pengaruh Mekanisme Corporate Governance, Profitalbilitas, dan Ukuran Perusahaan terhadap Tingkat Pengungkapan Sustainability Reporting. Diponegoro Journal of Accounting, 6(2013), 1–10. http://ejournal-s1.undip.ac.id/index.php/accounting
Dissanayake, D., Tilt, C., & Qian, W. (2019). Factors Influencing Sustainability Reporting by Sri Lankan Companies. Pacific Accounting Review, 31(1), 84–109. https://doi.org/10.1108/PAR-10-2017-0085
Ernst and Young. (2017). EY Study: The Rise of Sustainability Reporting in Indonesia. https://www.ey.com/id/en/newsroom/news-releases/news-ey-study-the-rise-of-sustainability- reporting-in-indonesia
Farooq, M. B., Zaman, R., Sarraj, D., & Khalid, F. (2021). Examining The Extent Of and Drivers for Materiality Assessment Disclosures in Sustainability Reports. Sustainability Accounting, Management and Policy Journal, 12(5), 965–1002. https://doi.org/10.1108/SAMPJ-04-2020-0113
Febriyanti, G. A. (2021). Factors Affecting Sustainability Reporting Disclosure. E-Jurnal Akuntansi, 30(12). https://doi.org/DOI:10.24843/EJA.2021.v31.i12.p12
Global Reporting Initiative. (2020). The GRI Standards: A Guide For Policy Makers. 1–19. https://www.globalreporting.org/media/nmmnwfsm/gri-policymakers-guide.pdf
Gujarati, D. N., & Porter, D. C. (2015). Dasar-Dasar Ekonometrika Buku 2 Edisi 5. Penerbit Salemba Empat.
Jørgensen, S., Mjøs, A., & Pedersen, L. J. T. (2021). Sustainability Reporting and Approaches to Materiality: Tensions and Potential Resolutions. Sustainability Accounting, Management and Policy Journal. https://doi.org/10.1108/SAMPJ-01-2021-0009
Kumar, K., Kumari, R., Poonia, A., & Kumar, R. (2021). Factors Influencing Corporate Sustainability Disclosure Practices: Empirical Evidence from Indian National Stock Exchange. Journal of Financial Reporting and Accounting. https://doi.org/10.1108/JFRA-01-2021-0023
Laskar, N. (2018). Impact of Corporate Sustainability Reporting on Firm Performance: An Empirical Examination in Asia. Journal of Asia Business Studies, 12(4), 571–593. https://doi.org/10.1108/JABS-11-2016-0157
Latifah, S. W., Rosyid, M. F., Purwanti, L., & Oktavendi, T. W. (2019). Analysis of Good Corporate Governance, Financial Performance and Sustainability Report. Jurnal Reviu Akuntansi Dan Keuangan, 9(2), 200. https://doi.org/10.22219/jrak.v9i2.8902
Lubinger, M., Frei, J., & Greiling, D. (2019). Assessing the materiality of university G4-sustainability reports. Journal of Public Budgeting, Accounting and Financial Management, 31(3), 364–391. https://doi.org/10.1108/JPBAFM-10-2018-0117
Masum, M. H., Tuhin, M. K., Hasan, M. T., & Chowdhury, Y. (2020). Factors Affecting The Sustainability Reporting, Evidence from Bangladesh. International Journal of Mechanical and Production Engineering Research and Development, 10(3), 8323–8338. https://doi.org/10.24247/ijmperdjun2020792
Motwani, S. S., & Pandya, H. (2016). Evaluating The Impact of Sustainability Reporting on Financial Performance of Selected Indian Companies. International Journal of Research in IT & Management, 5(2), 14–20. http://www.euroasiapub.org
Ngu, S. B., & Amran, A. (2018). Materiality Disclosure in Sustainability Reporting: Fostering Stakeholder Engagement. Strategic Direction, 34(5), 1–4. https://doi.org/10.1108/SD-01-2018-0002
Ngu, S. B., & Amran, A. (2021). Materiality Disclosure in Sustainability Reporting: Evidence from Malaysia. Asian Journal of Business and Accounting, 14(1), 225–252. https://doi.org/10.22452/ajba.vol14no1.9
Nguyen, T. T. D. (2020). An Empirical Study on The Impact of Sustainability Reporting on Firm Value. Journal of Competitiveness, 12(3), 119–135. https://doi.org/10.7441/joc.2020.03.07
Oncioiu, I., Petrescu, A. G., Bîlcan, F. R., Petrescu, M., Popescu, D. M., & Anghel, E. (2020). Corporate Sustainability Reporting and Financial Performance. Sustainability (Switzerland), 12(10), 1–13. https://doi.org/10.3390/su12104297
Otoritas Jasa Keuangan. (2017). Infografis Lembaga Jasa Keuangan dan Emiten Penerbit sustainability report. https://www.ojk.go.id/sustainable-finance/id/publikasi/riset- dan-statistik/Pages/Sustainability-Report-bagi-Lembaga-Jasa-Keuangan-dan-Emiten.aspx
PricewaterhouseCooper. (2015). Implementing Integrated Reporting: PwC’s Practical Guide for A New Business Language. 1–32. https://www.pwc.com/gx/en/services/audit-assurance/publications/implementing-integrated-reporting.html
Rahman, A. R. (2017). Pengaruh Kinerja Keuangan dan Karakteristik Perusahaan terhadap Pengungkapan Sustainability Report pada Perusahaan yang Listing di Bursa Efek Indonesia Tahun 2013-2015. JOM Fekon, 4(2).
Ranängen, H., Cöster, M., Isaksson, R., & Garvare, R. (2018). From Global Goals and Planetary Boundaries to Public Governance: A Framework for Prioritizing Organizational Sustainability Activities. Sustainability (Switzerland), 10(8). https://doi.org/10.3390/su10082741
Safitri, M., & Saifudin. (2019). Implikasi Karakteristik Perusahaan dan Good Corporate Governance terhadap Pengungkapan Sustainability Report. Jurnal Bingkai Ekonomi, 4(1), 13–25.
Sarumpaet, T. L., & Suhardi, A. R. (2020). Financial Performance and Company Size to Influence The Sustainability Report of Companies Listed in Kompas 100 for 2012-2016. Solid State Technology, 63(3), 3741–3749.
Sekaran, U., & Bougie, R. (2017). Metode Penelitian untuk Bisnis (6th ed.). Penerbit Salemba Empat.
Slacik, J., & Greiling, D. (2020). Compliance with Materiality in G4-Sustainability Reports by Electric Utilities. International Journal of Energy Sector Management, 14(3), 583–608. https://doi.org/10.1108/IJESM-03-2019-0010
Sugiyono. (2018). Metode Penelitian Kuantitatif. Alfabeta.
Tanjung, P. R. S. (2021). The Effect of Good Corporate Governance, Profitability and Company Size on Sustainability Report Disclosure. EPRA International Journal of Economics, Business and Management Studies, January, 69–80. https://doi.org/10.36713/epra8161
Torelli, R., Balluchi, F., & Furlotti, K. (2019). The Materiality Assessment and Stakeholder Engagement: A Content Analysis of Sustainability Reports. Corporate Social Responsibility and Environmental Management, 27(2), 1–21. https://doi.org/https://doi.org/10.1002/csr.1813
Usman, B. (2020). CSR Performance, Firm’s Attributes, and Sustainability Reporting. International Journal of Business and Society, 21(2), 521–539. https://doi.org/https://doi.org/10.33736/ijbs.3269.2020.
Wagiswari, N. L. S., & Badera, I. D. N. (2021). Profitabilitas, Aktivitas Perusahaan, Tipe Industri dan Pengungkapan Sustainability Report. E-Jurnal Akuntansi, 31(9), 2312. https://doi.org/10.24843/eja.2021.v31.i09.p13
Welbeck, E. E., Owusu, G. M. Y., Bekoe, R. A., & Kusi, J. A. (2017). Determinants of Environmental Disclosures of Listed Firms in Ghana. International Journal of Corporate Social Responsibility, 2(1). https://doi.org/10.1186/s40991-017-0023-y
Whetman, L. L. (2017). The Impact of Sustainability Reporting on Firm Profitability. Journal of Economics, Business, and Accountancy Ventura, 14(1).
Afifulhaq, A. F. (2018). Pengaruh Profitabilitas, Leverage, Likuiditas, Aktivitas Perusahaan, dan Corporate Governance terhadap Pengungkapan Sustainability Reporting. Analytical Biochemistry, 11(1), 1–5.
Aifuwa, H. O. (2020). Sustainability Reporting and Firm Performance in Developing Climes: A Review of Literature. Copernican Journal of Finance & Accounting, 9(1), 9. https://doi.org/10.12775/cjfa.2020.001
Aliniar, D., & Wahyuni, S. (2017). Pengaruh Mekanisme Good Corporate Governance (GCG) dan Ukuran Perusahaan terhadap Kualitas Pengungkapan Sustainability Report pada Perusahaan Terdaftar Di BEI. Jurnal Universitas Muhammadiyah Purwokerto, 15(1), 26–41.
Amidjaya, P. G., & Widagdo, A. K. (2020). Sustainability Reporting in Indonesian Listed Banks: Do Corporate Governance, Ownership Structure and Digital Banking Matter? Journal of Applied Accounting Research, 21(2), 231–247. https://doi.org/10.1108/JAAR-09-2018-0149
Beske, F., Haustein, E., & Lorson, P. C. (2020). Materiality Analysis in Sustainability and Integrated Reports. Sustainability Accounting, Management and Policy Journal, 11(1), 162–186. https://doi.org/10.1108/SAMPJ-12-2018-0343
Buallay, A. (2020). Sustainability Reporting and Firm’s Performance: Comparative Study between Manufacturing and Banking Sectors. International Journal of Productivity and Performance Management, 69(3), 431–445. https://doi.org/10.1108/IJPPM-10-2018-0371
Chang, W. F., Amran, A., Iranmanesh, M., & Foroughi, B. (2019). Drivers of Sustainability Reporting Quality: Financial Institution Perspective. International Journal of Ethics and Systems, 35(4), 632–650. https://doi.org/10.1108/IJOES-01-2019-0006
Damayanti, A., & Hardiningsih, P. (2021). Determinan Pengungkapan Laporan Berkelanjutan. Journal Akuntansi Dan Pajak, 22(01), 1–16. https://doi.org/http://dx.doi.org/10.29040/jap.v22i1.2756.
Dang, C., (Frank) Li, Z., & Yang, C. (2018). Measuring Firm Size in Empirical Corporate Finance. Journal of Banking and Finance, 86, 159–176. https://doi.org/10.1016/j.jbankfin.2017.09.006
Diono, H., & Prabowo, T. J. W. (2017). Analisis Pengaruh Mekanisme Corporate Governance, Profitalbilitas, dan Ukuran Perusahaan terhadap Tingkat Pengungkapan Sustainability Reporting. Diponegoro Journal of Accounting, 6(2013), 1–10. http://ejournal-s1.undip.ac.id/index.php/accounting
Dissanayake, D., Tilt, C., & Qian, W. (2019). Factors Influencing Sustainability Reporting by Sri Lankan Companies. Pacific Accounting Review, 31(1), 84–109. https://doi.org/10.1108/PAR-10-2017-0085
Ernst and Young. (2017). EY Study: The Rise of Sustainability Reporting in Indonesia. https://www.ey.com/id/en/newsroom/news-releases/news-ey-study-the-rise-of-sustainability- reporting-in-indonesia
Farooq, M. B., Zaman, R., Sarraj, D., & Khalid, F. (2021). Examining The Extent Of and Drivers for Materiality Assessment Disclosures in Sustainability Reports. Sustainability Accounting, Management and Policy Journal, 12(5), 965–1002. https://doi.org/10.1108/SAMPJ-04-2020-0113
Febriyanti, G. A. (2021). Factors Affecting Sustainability Reporting Disclosure. E-Jurnal Akuntansi, 30(12). https://doi.org/DOI:10.24843/EJA.2021.v31.i12.p12
Global Reporting Initiative. (2020). The GRI Standards: A Guide For Policy Makers. 1–19. https://www.globalreporting.org/media/nmmnwfsm/gri-policymakers-guide.pdf
Gujarati, D. N., & Porter, D. C. (2015). Dasar-Dasar Ekonometrika Buku 2 Edisi 5. Penerbit Salemba Empat.
Jørgensen, S., Mjøs, A., & Pedersen, L. J. T. (2021). Sustainability Reporting and Approaches to Materiality: Tensions and Potential Resolutions. Sustainability Accounting, Management and Policy Journal. https://doi.org/10.1108/SAMPJ-01-2021-0009
Kumar, K., Kumari, R., Poonia, A., & Kumar, R. (2021). Factors Influencing Corporate Sustainability Disclosure Practices: Empirical Evidence from Indian National Stock Exchange. Journal of Financial Reporting and Accounting. https://doi.org/10.1108/JFRA-01-2021-0023
Laskar, N. (2018). Impact of Corporate Sustainability Reporting on Firm Performance: An Empirical Examination in Asia. Journal of Asia Business Studies, 12(4), 571–593. https://doi.org/10.1108/JABS-11-2016-0157
Latifah, S. W., Rosyid, M. F., Purwanti, L., & Oktavendi, T. W. (2019). Analysis of Good Corporate Governance, Financial Performance and Sustainability Report. Jurnal Reviu Akuntansi Dan Keuangan, 9(2), 200. https://doi.org/10.22219/jrak.v9i2.8902
Lubinger, M., Frei, J., & Greiling, D. (2019). Assessing the materiality of university G4-sustainability reports. Journal of Public Budgeting, Accounting and Financial Management, 31(3), 364–391. https://doi.org/10.1108/JPBAFM-10-2018-0117
Masum, M. H., Tuhin, M. K., Hasan, M. T., & Chowdhury, Y. (2020). Factors Affecting The Sustainability Reporting, Evidence from Bangladesh. International Journal of Mechanical and Production Engineering Research and Development, 10(3), 8323–8338. https://doi.org/10.24247/ijmperdjun2020792
Motwani, S. S., & Pandya, H. (2016). Evaluating The Impact of Sustainability Reporting on Financial Performance of Selected Indian Companies. International Journal of Research in IT & Management, 5(2), 14–20. http://www.euroasiapub.org
Ngu, S. B., & Amran, A. (2018). Materiality Disclosure in Sustainability Reporting: Fostering Stakeholder Engagement. Strategic Direction, 34(5), 1–4. https://doi.org/10.1108/SD-01-2018-0002
Ngu, S. B., & Amran, A. (2021). Materiality Disclosure in Sustainability Reporting: Evidence from Malaysia. Asian Journal of Business and Accounting, 14(1), 225–252. https://doi.org/10.22452/ajba.vol14no1.9
Nguyen, T. T. D. (2020). An Empirical Study on The Impact of Sustainability Reporting on Firm Value. Journal of Competitiveness, 12(3), 119–135. https://doi.org/10.7441/joc.2020.03.07
Oncioiu, I., Petrescu, A. G., Bîlcan, F. R., Petrescu, M., Popescu, D. M., & Anghel, E. (2020). Corporate Sustainability Reporting and Financial Performance. Sustainability (Switzerland), 12(10), 1–13. https://doi.org/10.3390/su12104297
Otoritas Jasa Keuangan. (2017). Infografis Lembaga Jasa Keuangan dan Emiten Penerbit sustainability report. https://www.ojk.go.id/sustainable-finance/id/publikasi/riset- dan-statistik/Pages/Sustainability-Report-bagi-Lembaga-Jasa-Keuangan-dan-Emiten.aspx
PricewaterhouseCooper. (2015). Implementing Integrated Reporting: PwC’s Practical Guide for A New Business Language. 1–32. https://www.pwc.com/gx/en/services/audit-assurance/publications/implementing-integrated-reporting.html
Rahman, A. R. (2017). Pengaruh Kinerja Keuangan dan Karakteristik Perusahaan terhadap Pengungkapan Sustainability Report pada Perusahaan yang Listing di Bursa Efek Indonesia Tahun 2013-2015. JOM Fekon, 4(2).
Ranängen, H., Cöster, M., Isaksson, R., & Garvare, R. (2018). From Global Goals and Planetary Boundaries to Public Governance: A Framework for Prioritizing Organizational Sustainability Activities. Sustainability (Switzerland), 10(8). https://doi.org/10.3390/su10082741
Safitri, M., & Saifudin. (2019). Implikasi Karakteristik Perusahaan dan Good Corporate Governance terhadap Pengungkapan Sustainability Report. Jurnal Bingkai Ekonomi, 4(1), 13–25.
Sarumpaet, T. L., & Suhardi, A. R. (2020). Financial Performance and Company Size to Influence The Sustainability Report of Companies Listed in Kompas 100 for 2012-2016. Solid State Technology, 63(3), 3741–3749.
Sekaran, U., & Bougie, R. (2017). Metode Penelitian untuk Bisnis (6th ed.). Penerbit Salemba Empat.
Slacik, J., & Greiling, D. (2020). Compliance with Materiality in G4-Sustainability Reports by Electric Utilities. International Journal of Energy Sector Management, 14(3), 583–608. https://doi.org/10.1108/IJESM-03-2019-0010
Sugiyono. (2018). Metode Penelitian Kuantitatif. Alfabeta.
Tanjung, P. R. S. (2021). The Effect of Good Corporate Governance, Profitability and Company Size on Sustainability Report Disclosure. EPRA International Journal of Economics, Business and Management Studies, January, 69–80. https://doi.org/10.36713/epra8161
Torelli, R., Balluchi, F., & Furlotti, K. (2019). The Materiality Assessment and Stakeholder Engagement: A Content Analysis of Sustainability Reports. Corporate Social Responsibility and Environmental Management, 27(2), 1–21. https://doi.org/https://doi.org/10.1002/csr.1813
Usman, B. (2020). CSR Performance, Firm’s Attributes, and Sustainability Reporting. International Journal of Business and Society, 21(2), 521–539. https://doi.org/https://doi.org/10.33736/ijbs.3269.2020.
Wagiswari, N. L. S., & Badera, I. D. N. (2021). Profitabilitas, Aktivitas Perusahaan, Tipe Industri dan Pengungkapan Sustainability Report. E-Jurnal Akuntansi, 31(9), 2312. https://doi.org/10.24843/eja.2021.v31.i09.p13
Welbeck, E. E., Owusu, G. M. Y., Bekoe, R. A., & Kusi, J. A. (2017). Determinants of Environmental Disclosures of Listed Firms in Ghana. International Journal of Corporate Social Responsibility, 2(1). https://doi.org/10.1186/s40991-017-0023-y
Whetman, L. L. (2017). The Impact of Sustainability Reporting on Firm Profitability. Journal of Economics, Business, and Accountancy Ventura, 14(1).
Published
2022-07-26
How to Cite
PUTRI, Ira Hutami; MEUTIA, Inten; YUNIARTI, Emylia.
Faktor yang Mempengaruhi Pengungkapan Materialitas pada Laporan Keberlanjutan.
E-Jurnal Akuntansi, [S.l.], v. 32, n. 7, p. 1771-1784, july 2022.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/88337>. Date accessed: 28 apr. 2024.
doi: https://doi.org/10.24843/EJA.2022.v32.i07.p08.
Issue
Section
Artikel
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
