The Effect of Sustainability Report Disclosure Compliance on the Company's Financial Performance

Abstract

The issue of the sustainability of a company today is very important. Where the company must think ahead how the business carried out can be beneficial not only for internal but also external companies at this time and in the future. This study aims to determine the effect of compliance on sustainability reports disclosure on financial performance as measured using the Tobin's Q ratio. The sample in this study were all companies that received bronze to platinum ratings on ASRRAT for the 2018-2021 period and were listed on the stock exchange. This data is processed using panel data regression. The results of this study are that economic disclosure has a negative effect and significant, environmental disclosure has a negative effect but not significant, while social disclosure has a positive effect and significant.

Understanding Trends in Green Accounting Studies: A Bibliometrics Analysis

“…Several companies nowadays possess financial management systems that not only concentrate on the economic aspects of the company but also consider their environmental impacts (Amrigan et al, 2023;Muslichah, 2020). As the economy continues to advance, the existing accounting systems primarily adhere to a financialfocused approach, often neglecting to include environmental factors like environmental costs and corporate expenses.…”