Sustainability Reporting and The Quality of Financial Reports: Analysis of The Role of Ownership Structure in Indonesian Corporations

Asfeni Nurullah(1*), Ruth Samantha Hamzah(2), Nilam Kesuma(3)


(1) Sriwijaya University
(2) Sriwijaya University
(3) Sriwijaya University
(*) Corresponding Author

Abstract


This study investigates the impact of sustainability reporting on financial reporting quality, with institutional ownership serving as a moderating variable in Indonesian corporations. Using a sample of 55 companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2023, this research employs a Moderated Regression Analysis (MRA) approach with panel data analysis. The results indicate that sustainability reporting does not significantly impact financial reporting quality, suggesting that sustainability disclosures in Indonesia remain voluntary and may not directly influence accounting conservatism. Furthermore, institutional ownership weakens the relationship between sustainability reporting and financial reporting quality, suggesting that institutional investors prioritize short-term financial performance over transparency in sustainability reporting. This study provides a deeper understanding of the factors that influence the relationship between sustainability reporting and financial reporting quality in Indonesian listed companies.


Keywords


Financial reporting quality, Institutional ownership, Sustainability reporting

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References


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DOI: https://doi.org/10.26714/mki.15.2.2025.157-169

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