The Effect of Good Corporate Governance and Financial Performance on Corporate Sustainability Reporting

Andrean Ary Wicaksono; Tantina Haryati

doi:10.63922/ijebir.v5i04.4901

Andrean Ary Wicaksono Student Department of Accounting, Faculty of Economic and Business, Universitas Pembangunan Nasional “Veteran” Jawa Timur
Tantina Haryati Lecturer, Department of Accounting, Faculty of Economic and Business, Universitas Pembangunan Nasional “Veteran” Jawa Timur

DOI: https://doi.org/10.63922/ijebir.v5i04.4901

Keywords: GooGood Corporate Governance, Financial Performance, Sustainability Reporting

Abstract

This study examines the effect of Good Corporate Governance (GCG) and Financial Performance on Sustainability Reporting (SR) among companies listed in the SRI-KEHATI Index on the Indonesia Stock Exchange during the 2021–2024 period. This research employed a quantitative approach using secondary data collected from annual and sustainability reports. Good Corporate Governance was proxied by Board Size (BS), while Financial Performance was measured using Return on Assets (ROA) and Return on Equity (ROE). Panel data regression analysis was performed using EViews 13. The results indicate that Good Corporate Governance has a positive and significant effect on Sustainability Reporting, while Financial Performance also has a significant effect on Sustainability Reporting. The coefficient of determination (R²) shows that 73.9% of the variation in Sustainability Reporting is explained by Good Corporate Governance and Financial Performance, while the remaining 26.1% is explained by other factors outside the model. These findings highlight the importance of effective corporate governance and financial performance in enhancing corporate sustainability reporting.

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