Symbolic compliance or substantive transparency? Sustainability reporting, corporate attributes, and financial reporting quality in Indonesia
シンボリックなコンプライアンスか実質的な透明性か？ サステナビリティ報告、企業属性、財務報告品質：インドネシアの証拠 (AI 翻訳)
Yuliani Almalita, Almaida Dwi Kusuma
🤖 gxceed AI 要約
日本語
インドネシアの上場製造企業125社を対象に、サステナビリティ報告が財務報告品質に与える影響を分析。2022～2024年のパネルデータを用いた結果、サステナビリティ報告の有無や品質、監査品質は財務報告品質に有意な影響を与えず、売上成長やレバレッジが負の影響、企業規模や有形固定資産比率が正の影響を与えることが示された。この結果は、新興市場において財務特性が開示品質をより強く規定することを示唆する。
English
This study examines the effect of sustainability reporting on financial reporting quality in Indonesian manufacturing firms from 2022–2024. Using panel data from 125 listed firms, it finds that sustainability reporting and its quality do not significantly affect financial reporting quality, while firm size and tangibility positively influence it. The results suggest that financial attributes dominate over sustainability disclosure in explaining reporting quality in an emerging market context.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
インドネシアの新興市場におけるサステナビリティ報告の実効性を検証した研究。日本ではSSBJ基準の導入や有報でのサステナビリティ開示義務化が進む中、開示の質と財務報告品質の関係を問う点で示唆があるが、直接的なGX政策連動性は低い。
In the global GX context
This paper provides evidence from an emerging market (Indonesia) that sustainability reporting does not significantly improve financial reporting quality, challenging assumptions about the benefits of ESG disclosure. For global audiences, it highlights the importance of considering institutional context and firm financial attributes when designing disclosure mandates and assurance requirements.
👥 読者別の含意
🔬研究者:Researchers can note the null effect of sustainability reporting on financial reporting quality in an emerging market, suggesting that institutional factors moderate the expected benefits.
🏢実務担当者:Corporate sustainability teams should not assume that sustainability disclosure automatically improves financial reporting quality; other financial controls matter more.
🏛政策担当者:Policymakers in emerging markets should be cautious about assuming that mandatory sustainability reporting will directly enhance financial reporting quality without considering firm-level financial characteristics.
📄 Abstract（原文）
This study investigates the effect of sustainability reporting on financial reporting quality in Indonesian manufacturing companies during 2022–2024. Using 375 firm-year observations from 125 listed firms, this study applies panel data regression with the Random Effects Model (REM). The results show that sustainability reporting, sustainability reporting quality, and audit quality do not significantly influence financial reporting quality. In contrast, revenue growth and leverage negatively affect financial reporting quality, whereas firm size and tangibility positively influence reporting quality. These findings indicate that firms’ financial characteristics play a more substantial role in determining reporting quality than sustainability disclosure practices. This study contributes to sustainability accounting literature by providing evidence from an emerging market context. Future research should examine governance mechanisms, ESG assurance, and industry-specific factors to better explain variations in financial reporting quality.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.20885/jaai.vol30.iss1.art20first seen 2026-07-20 05:03:29
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。