SUSTAINABILITY REPORT DISCLOSURE IN VIEW OF OWNERSHIP CONCENTRATION, COMPANY SIZE, STAKEHOLDER PRESSURE, AND CHIEF SUSTAINABILITY OFFICER

Abstract

This study is a quantitative study that aims to determine the effect of ownership concentration, company size, stakeholder pressure and Chief Sustainability Officer on sustainability report disclosure. Sustainability report disclosure is measured by GRI G4. With a sampling technique using purposive sampling method, a research sample of 61 companies in the consumer noncyclicals sector listed on the Indonesia Stock Exchange for the period 2021-2023 was obtained. The data analysis technique used is panel data regression analysis with Eviews 12. The results of this study indicate that ownership concentration and creditor pressure have a negative effect on sustainability report disclosure, while company size and Chief Sustainability Officer have a positive effect on sustainability report disclosure. This study contributes to the literature related to sustainability and can provide implications for companies to increase the level of disclosure of sustainability reports so that companies can have a stronger image. In addition, it can also provide knowledge for investors regarding the factors that influence sustainability report disclosure, thus helping investors in making investment decisions.