The influence of good corporate governance, social responsibility, and big four public accounting firms on the disclosure of sustainability reports

Abstract

This study aims to examine the influence of corporate governance (board of directors, independent board of commissioners, audit committee), social responsibility, and big four public accounting firms on the disclosure of sustainability reports on 184 non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX) in 2019 – 2024. Sustainability reports are an important tool for companies to show their commitment to the sustainability of the company that compiles annual financial statements and sustainability reports as a requirement for research samples. The research analysis was by multiple linear regression. The results of the study show that corporate governance in the form of an audit committee affects the disclosure of sustainability reports, social responsibility and the big four Public Accounting Firms have a positive effect on the disclosure of sustainability reports. These findings support the institutional theory, that social pressures in the form of corporate social responsibility practices and auditors' reputations are more supportive of the openness of sustainability disclosures.