The Impact Of Firm Size, Leverage, And Liquidity On Sustainability Report Disclosure With Profitability As Moderating Variable

Winda Islamiati, Dhini Suryandari

Abstract


This study aims to examine the effect of firm Size, leverage, and liquidity on the level of sustainability report by using profitability as a moderating variable. Firm samples were gathered from Sri-Kehati Index of Indonesia Stock Exchange for the period of 2016-2019. Applying purposive sampling technique, as much as 56 observations are available for further analysis. Test of hypotheses were conducted by using moderated regression analysis (MRA). Results support hypothesis one suggesting larger firm size is associated with higher sustainability report disclosure. Meanwhile, hypothesis two is rejected suggesting that leverage has no effect on sustainability reports disclosure. The results of this study also reject third, liquidity has no effect on the disclosure of sustainability reports. As for moderating variable, the results show that profitability does not affect the relation between firm size, leverage, and liquidity with sustainability report discolure. Results of this study are expected to serve as a guideline for companies to assess the benefit of sustainability report disclosures. As for investors, the results may help investors in making investment decision.

Keywords


Firm Size, Leverage, Liquidity, Profitability, Sustainability Report

Full Text:

PDF

References


Abdulsalam, N., and Babangida, M. A. 2020. Effect of Sales and Firm Size on Sustainability Reporting Practice of Oil and Gas Companies in Nigeria. Quest Journals Journal of Research in Business and Management, 8(1), 1–8. Diunduh dari https://www.questjournals.org/jrbm/v8-i1.html

Alali, F., Chen, Z., and Liu, Y. 2019. Sustainability reporting in us government and not-for-profit organizations: A descriptive study. Research on Professional Responsibility and Ethics in Accounting, 22, 57–79. Diunduh dari https://doi.org/10.1108/S1574-076520190000022005

Aniktia, R., dan Khafid, M. 2015. Pengaruh Mekaniseme Good Corporate Governance Dan Kinerja Keuangan Terhadap Pengungkapan Sustainability Report. Accounting Analysis Journal, 4(3), 1–10. Diunduh dari https://doi.org/10.15294/aaj.v4i3.8303

Barung, M., Simanjuntak, A. M. A., dan Hutadjulu, L. Y. 2018. Pengaruh Mekanisme Good Corporate Governance Dan Ukuran Perusahaan Terhadap Kualitas Pengungkapan Sustainability Report (Studi Empiris Pada Seluruh Perusahaan Yang Listing Di Bursa Efek Indonesia Periode 2011-2016). Jurnal Akuntansi & Keuangan Daerah, 13(November), 76–89.

Dewi, I. P., dan Pitriasari, P. 2019. Pengaruh Good Corporate Governance Dan Ukuran Perusahaan Terhadap Pengungkapan Sustainability Report. JSMA (Jurnal Sains Manajemen Dan Akuntansi), 11(1), 33–53. Diunduh dari https://doi.org/10.37151/jsma.v11i1.13

Dewi, U. 2016. Analisis Pengaruh Tingkat Likuiditas terhadap Efisiensi dan Kebutuhan Modal Kerja pada PT Industri Telekomunikasi Indonesia (Persero). 10(2), 91–103.

Erkanawati, S. C. 2018. Pengaruh Pengungkapan Sustainability Report terhadap Nilai Perusahaan Pada Perusahaan Pertambangan Yang Terdaftar di Bursa Efek Indonesia Pada Periode 2011-2015. Parsimonia, 5(1), 83–96.

Fadhilah, R. 2018. Pengaruh Profitabilitas terhadap Pengungkapan Sustainability Report dengan Kepemilikan Manajerial sebagai Variabel Moderating (Studi Empiris pada Perusahaan-Perusahaan Go Public di Bursa Efek Indonesia Tahun 2012-2016). Jurnal Ekobis Dewantara.

Hidayah, N., Badawi, A., and Nugroho, L. 2019. Factors Affecting the Disclosure of Sustainability Reporting. 5(2), 219–229.

Khafid, M., dan Mulyaningsih. 2017. Kontribusi Karakteristik Perusahaan Dan Corporate Governance Terhadap Publikasi Sustainability Report. EKUITAS (Jurnal Ekonomi Dan Keuangan), 19(3), 340. Diunduh dari https://doi.org/10.24034/j25485024.y2015.v19.i3.1772

Liana, S. 2019. Pengaruh Profitabilitas, Leverage , Ukuran Perusahaan dan Dewan Komisaris Independen terhadap Pengungkapan Sustainability Report. Jesya (Jurnal Ekonomi & Ekonomi Syariah), 2(2), 199–208. Diunduh dari https://doi.org/10.36778/jesya.v2i2.69

Maryana and Carolina, Y. 2021. The Impact of Firm Size, Leverage, Firm Age, Media Visibility and Profitability on Sustainability Report Disclosure. Jurnal Keuangan Dan Perbankan, 25(1), 36–47. Diunduh dari https://doi.org/10.26905/jkdp.v25i1.4941

MetroRakyat.com. 2017, August 15. PT Unilever Diduga Buang Limbah Sembarangan di KEK Sei Mangke Kabupaten Simalungun. Diakses pada 14 Mei 2021, dari https://metrorakyat.com/2017/08/pt-unilever-diduga-buang-limbah-sembarangan-di-kek-sei-mangke-kabupaten-simalungun/

Mujiani, S., & Nurfitri, T. 2020. Analisis Faktor-Faktor Yang Mempengaruhi Pengungkapan Sustainability Report Pada Perusahaan LQ45 Yang Terdaftar Di Bursa Efek Indonesia Sari. Jurnal Akuntansi Dan Keuangan, 2(1), 18–35. https://uia.e-journal.id/Akrual/article/view/1042

Wulandari, N. A., dan Septiani, A. 2017. Pengaruh Ukuran Perusahaan, Profitabilitas, dan Leverage terhadap Sustainability Disclosure. 6, 1–8.

Nawacita.com. 2019. Dua Perusahaan di Kabupaten Simalungun Terindikasi Lakukan Pencemaran Lingkungan. Diakses pada 14 Mei 2021, dari https://nawacitapost.com/daerah/2019/11/23/dua-perusahaan-di-kabupaten-simalungun-terindikasi-lakukan-pencemaran-lingkungan/

Novari, P. M., dan Lestari, P. V. 2016b. Pengaruh Ukuran Perusahaan, Leverage, dan Profitabilitas terhadap Nilai Perusahaan pada Sektor Properti dan Real Estate. E-Jurnal Manajemen Unud, 5(9), 5671–5694.

Oktaviani, D. R., dan Amanah, L. 2019. Pengaruh Kinerja Keuangan, Ukuran Perusahaan Dan Corporate Governance Terhadap Pengungkapan Sustainability Report. Diponegoro Journal of Accounting, 8(0), 580–589.

Prabaningrum, S., dan Pramita, Y. D. 2019. Pengaruh Karakteristik Perusahaan dan Tata Kelola Perusahaan Terhadap Pengungkapan Sustainability Report (Studi Empiris Pada Perusahaan Non Keuangan yang Terdaftar di Bursa Efek Indonesia Periode 2013-2018). Prosiding 2nd Business and Economics Conference In Utilizing of Modern Technology, 331–345. Diunduh dari http://journal.ummgl.ac.id/index.php/conference/article/view/3319

Ruhana, A., and Hidayah, N. 2020. The Effect of Liquidity, Firm Size, and Corporate Governance Toward Sustainability Report Disclosures (Survey on: Indonesia Sustainability Report Award Participant). 120(Icmeb 2019), 279–284. Diunduh dari https://doi.org/10.2991/aebmr.k.200205.048

Sari, M. P. Y., dan Marsono. 2013. Pengaruh Kinerja Keuangan, Ukuran Perusahaan, Dan Coporate Governance Terhadap Pengungkapan Sustainability Report. Diponegoro Journal of Accounting, 3(1), 80–91.

Sonia, D., and Khafid, M. 2020. The Effect of Liquidity, Leverage, and Audit Committee on Sustainability Report Disclosure with Profitability as a Mediating Variable. Accounting Analysis Journal, 9(2), 95–102. Diunduh dari https://doi.org/10.15294/aaj.v9i2.31060

Tarigan, J., dan Semuel, H. 2014. Pengungkapan Sustainability Report dan Kinerja Keuangan. 16(2), 88–101. Diunduh dari https://doi.org/10.9744/jak.16.2.88-101

Tobing, R. A., Zuhrotun, dan Rusherlistyani. 2019. Pengaruh Kinerja Keuangan, Ukuran Perusahaan, dan Good Corporate Governance Terhadap Pengungkapan Sustainability Report pada Perusahaan Manufaktur yang Terdaftar dalam Bursa Efek Indonesia. Reviu Akuntansi Dan Bisnis Indonesia, 3(1), 102–123. Diunduh dari https://doi.org/10.18196/rab.030139




DOI: https://doi.org/10.24167/jab.v18i2.3508



Print ISSN : 1412-775X | online ISSN : 2541-5204 JAB Stats