FROM GREEN STRATEGY TO PERFORMANCE: THE MODERATING ROLE OF SUSTAINABILITY REPORTING QUALITY
グリーン戦略から業績へ：サステナビリティ報告の質の調整的役割 (AI 翻訳)
Lativa, Etty Murwaningsari, Juniati Gunawan
🤖 gxceed AI 要約
日本語
本研究は、グリーン競争優位（GCA）とグリーンイノベーション（GI）が企業業績に与える影響を、サステナビリティ報告の質（SRQ）が調整するかを検証。インドネシアの製造企業248社のパネルデータ（2022-2023年）を分析。GCAは業績に正の影響を与え、SRQはその関係を強化。一方、GIの直接効果は有意でなく、SRQの調整効果も認められなかった。SRQの構成概念に「応答性」と「影響」を追加。
English
This study examines the moderating role of sustainability reporting quality (SRQ) on the link between green competitive advantage (GCA) and green innovation (GI) on firm performance. Analyzing panel data from 248 Indonesian manufacturing firms (2022-2023), it finds GCA positively affects performance, and SRQ strengthens this relationship. GI shows no significant direct effect, nor moderation by SRQ. The study extends SRQ by adding responsiveness and impact dimensions.
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
日本ではSSBJ基準の実効性が問われる中、報告の質（応答性・影響）を評価する視点は示唆的。ただし、インドネシア固有の文脈を考慮する必要がある。
In the global GX context
The paper adds to global debates on sustainability reporting effectiveness by proposing an extended SRQ construct beyond compliance. Relevant for ISSB and CSRD as they emphasize decision-usefulness and stakeholder responsiveness.
👥 読者別の含意
🔬研究者:Provides an extended SRQ construct and empirical evidence from an emerging market, useful for further cross-country studies.
🏢実務担当者:Highlights that reporting quality (substance and responsiveness) can amplify the performance impact of green strategies.
🏛政策担当者:Suggests regulators should focus on report substance and measurable impact rather than mere disclosure volume.
📄 Abstract（原文）
This study investigates the effects of green competitive advantage (GCA) and green innovation (GI) on company performance, with sustainability report quality (SRQ) serving as a moderating variable. Firm size and firm age are included as control variables to enhance empirical robustness. Using a quantitative approach, the study analyzes panel data from 248 manufacturing firms listed on the Indonesia Stock Exchange (IDX) during 2022–2023, yielding 496 firm-year observations. The hypotheses are tested using panel data regression and Moderated Regression Analysis (MRA). The findings reveal that GCA has a significant positive effect on company performance, whereas GI does not demonstrate a statistically significant direct impact. Furthermore, SRQ significantly strengthens the relationship between GCA and company performance but does not moderate the relationship between GI and performance. The primary contribution of this study lies in the refinement and extension of the SRQ construct by incorporating two additional dimensions—responsiveness and impact—which extend beyond conventional disclosure attributes such as accuracy and reliability. This enhanced SRQ framework allows for a more policy-relevant evaluation of whether sustainability reports not only comply with reporting standards but also meaningfully address stakeholder concerns and demonstrate tangible performance outcomes. From a policy perspective, the results suggest that sustainability reporting frameworks should emphasize report substance, stakeholder responsiveness, and measurable impact rather than focusing solely on disclosure volume or formal compliance. Strengthening SRQ can enhance the credibility of green strategies and increase their contribution to firm performance. Overall, the findings provide important implications for regulators, standard setters, and policymakers seeking to improve the effectiveness of sustainability disclosure regimes and promote performance-oriented sustainability practices in emerging markets.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.18623/rvd.v23.n4.4519first seen 2026-05-15 18:38:57
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
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。