Pengaruh Keterbukaan Informasi dan Kepatuhan Regulasi terhadap Kualitas Laporan Keberlanjutan: Analisis Berdasarkan Penilaian Pihak Ketiga di Indonesia (2020–2022)
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Abstract
Penelitian ini bertujuan untuk menganalisis pengaruh keterbukaan informasi keberlanjutan (Skor KK) dan kepatuhan terhadap regulasi POJK (Skor POJK) terhadap kualitas Sustainability Report (SR) perusahaan publik di Indonesia selama periode 2020 hingga 2022. Temuan menunjukkan bahwa SR memiliki potensi strategis dalam mendukung efisiensi manajemen, peningkatan tata kelola, serta penguatan keterlibatan pemangku kepentingan. Data yang digunakan berasal dari penilaian pihak ketiga atas lebih dari 100 laporan keberlanjutan perusahaan selama tiga tahun. Dengan pendekatan kuantitatif dan regresi Ordinary Least Squares (OLS), disertai uji asumsi klasik, penelitian ini menemukan bahwa baik keterbukaan informasi maupun kepatuhan terhadap regulasi berpengaruh positif dan signifikan terhadap kualitas SR. Model regresi menunjukkan tingkat penjelasan sebesar 89%, dan lolos uji multikolinearitas, heteroskedastisitas, serta autokorelasi. Temuan ini memperkuat stakeholder theory dan legitimacy theory dalam konteks akuntansi pelaporan berkelanjutan serta memberikan implikasi praktis bagi penguatan tata kelola informasi dan peningkatan transparansi ESG di Indonesia.
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How to Cite
Nurdialy, M., Tartiani, Y. A. T., Prihatiningtyas, M. C., & Fadilah, H. (2025). Pengaruh Keterbukaan Informasi dan Kepatuhan Regulasi terhadap Kualitas Laporan Keberlanjutan: Analisis Berdasarkan Penilaian Pihak Ketiga di Indonesia (2020–2022). ProBisnis : Jurnal Manajemen, 16(3), 424–432. Retrieved from https://ejournal.joninstitute.org/index.php/ProBisnis/article/view/963
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Pérez-López, D., Moreno-Romero, A., & Barkemeyer, R. (2015). Stakeholder engagement and sustainable innovation: The role of stakeholder integration in sustainable innovation projects. Journal of Cleaner Production, 108, 769–778.
Permatasari, P., Gunawan, J., & El-Bannany, M. (2020). A Comprehensive measurement for sustainability reporting quality: Principles-based approach. Indonesian Journal of Sustainability Accounting and Management, 4(2), 249â – 265.
Tamasiga, A., Kwabena, M., & Zhang, L. (2024). ESG disclosures and financial performance in Sub-Saharan Africa. Emerging Markets Review, 38, 100842.
Wang, J. (2017). Corporate governance and sustainability disclosure: Evidence from Chinese listed companies. Journal of International Accounting Research, 16(3), 105–130.
Wiharno, H., Syarifudin, S., Fitriani, C., & Dina, H. P. (2024). Influence of financial performance, company characteristics and good corporate governance on sustainability reporting disclosure. Proceeding International Conference on Accounting and Finance, 563–572.
Aly, A. W. N., & Badawy, H. A. E. S. (2024). External Assurance on Sustainability Reporting of Listed Companies in the Context of Egypt Vision 2030. 44(2), 263–277.
Arkoh, P., Costantini, A., & Scarpa, F. (2024). Determinants of sustainability reporting: A systematic literature review. Corporate Social Responsibility and Environmental Management, 31(3), 1578–1597.
Ates, S. (2021). The alignment of GRI standards with SDGs: A pathway to sustainability reporting in developing countries. Journal of International Development and Planning, 42(2), 189–203.
Bae, J., & Cha, H. (2024). Sustainability reporting and managerial decision quality: Evidence from Asian listed firms. Journal of Business Research, 441, 140123.
Burki, M. A., Loo, W. H., & Saleem, M. A. (2024). ESG disclosure and firm performance in ASEAN: Sectoral insights. Journal of Cleaner Production, 441, 140123.
Damen, M. A. (2016). Quality of sustainability assurance statements: A comparative study. Managerial Auditing Journal, 31(6/7), 515–534.
Davila, G. A. (2024). Expanding stakeholder theory in digital economies. Journal of Management and Strategy, 15(2), 101–118.
Deegan, C. (2002). Introduction: The legitimising effect of social and environmental disclosures–a theoretical foundation. Accounting, Auditing & Accountability Journal, 15(3), 282–311.
Dewa, I. G. N., Riyanto, B., & Sari, M. (2024). Institutional barriers to sustainability reporting in ASEAN. Asian Journal of Sustainability, 15(3), 111129.
Dewi, I. P., Safitri, A., & Lestari, S. T. (2023). The effect of financial performance and corporate governance on extensive of disclosure sustainability reporting. International Journal of Social Science, Education, Communication and Economics (Sinomics Journal), 1(6), 837–854.
Dossa, Z. (2025). ESG disclosure and profitability in healthcare: Evidence from China. International Journal of ESG Research, 8(1), 12–29.
Freeman, R. E. (2010). Strategic management: A stakeholder approach. Cambridge university press.
Gutiérrez‐Ponce, H. (2023). Sustainability as a strategy base in Spanish firms: Sustainability reports and performance on the sustainable development goals. Sustainable Development, 31(4), 3008–3023.
Hahn, R., & Kühnen, M. (2013). Determinants of sustainability reporting: A review of results, trends, theory, and opportunities in an expanding field of research. Journal of Cleaner Production, 59, 5–21.
Harymawan, I., Nasih, M., Salsabilla, A., & Putra, F. K. G. (2020). External assurance on sustainability report disclosure and firm value: Evidence from Indonesia and Malaysia. Entrepreneurship and Sustainability Issues, 7(3), 1500–1512.
Indana, D., & Pangestuti, I. R. D. (2024). Analysis of Financial Characteristics of Sustainability Report: Company Size as Moderating Variable. Research Horizon, 4(4), 197–204.
Khan, A., Shah, S. Z. A., & Javed, A. Y. (2023). GRI adoption and sustainability disclosures in Pakistan: An empirical study. Sustainability. 15(9), 7872.
KPMG. (2022). Big Shift, Small Steps: Survey of Sustainability Reporting 2022.
Laine, M., Tregidga, H., & Unerman, J. (2021). Sustainability accounting and accountability. Routledge.
Mititean, A., & Sărmaș, C. (2023). ESG performance and financial outcomes in European energy sector: A sectoral approach. Energy Economics, 122, 106434.
Nofita, N., Hasanah, H., & Rahman, A. (2024). Corporate governance mechanisms and sustainability report disclosure: Evidence from Indonesia. Asian Journal of Business and Accounting, 17(1), 88–103.
Ogunode, O. A. (2022). Legitimacy theory and environmental accounting reporting and practice: A review. South Asian Journal of Social Studies and Economics, 13(1), 17–28.
Okoye, E. I., & Gbegi, D. O. (2013). Forensic accounting: A tool for fraud detection and prevention in the public sector.(A Study of Selected Ministries in Kogi State). Okoye, EI & Gbegi, DO (2013). Forensic Accounting: A Tool for Fraud Detection and Prevention in the Public Sector.(A Study of Selected Ministries in Kogi State). International Journal of Academic Research in Business and Social Sciences, 3(3), 1–19.
Pal, R. (2024). Comprehensive sustainability reporting and firm valuation: A global perspective. Journal of Sustainable Finance & Investment, 14(2), 215–233.
Pérez-López, D., Moreno-Romero, A., & Barkemeyer, R. (2015). Stakeholder engagement and sustainable innovation: The role of stakeholder integration in sustainable innovation projects. Journal of Cleaner Production, 108, 769–778.
Permatasari, P., Gunawan, J., & El-Bannany, M. (2020). A Comprehensive measurement for sustainability reporting quality: Principles-based approach. Indonesian Journal of Sustainability Accounting and Management, 4(2), 249â – 265.
Tamasiga, A., Kwabena, M., & Zhang, L. (2024). ESG disclosures and financial performance in Sub-Saharan Africa. Emerging Markets Review, 38, 100842.
Wang, J. (2017). Corporate governance and sustainability disclosure: Evidence from Chinese listed companies. Journal of International Accounting Research, 16(3), 105–130.
Wiharno, H., Syarifudin, S., Fitriani, C., & Dina, H. P. (2024). Influence of financial performance, company characteristics and good corporate governance on sustainability reporting disclosure. Proceeding International Conference on Accounting and Finance, 563–572.