The Ownership Structure and Sustainability Disclosure Index: Evidence from Indonesia

Nurnika Asri Dewi

Abstract


This study aims to analyze the effect of ownership structure on social and environmental disclosures in the annual reports of companies in Indonesia. This study uses a new approach in measuring the level of social and environmental disclosure in the annual report which is adjusted to the most actual disclosure theme. This study uses 208 panel data from 52 companies in the plantation and agriculture, mining, and real estate and building construction sectors. The dependent variable in this study was obtained by analyzing the content of the company's annual report. The hypothesis in this study was tested with multiple linear regression. The results of the regression test show that institutional ownership and managerial ownership have an effect on social and environmental disclosure.

Keywords: Social and Environmental Disclosure Index, MLSS, Ownership Structure

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