Proceedings of the International Conference on Applied Science and Technology on Social Science (ICAST-SS 2020)

The Impact of Managerial Ownership on Sustainability Accounting

Authors
Donny Teguh Santoso Junias, Raden Setyo Budi Suharto, Meyulinda Aviana Elim
Corresponding Author
Donny Teguh Santoso Junias
Available Online 26 April 2021.
DOI
10.2991/assehr.k.210424.015How to use a DOI?
Keywords
sustainability accounting, free cash flow, managerial ownerships, social-environment sustainability
Abstract

The purpose of this research was to examine the effect of company ownership on the use of funds for sustainability accounting purposes. Hypothesis testing is conducted to determine the role of company ownership concerning the company’s strategic objectives through environmental-social accounting financing. The analysis method uses pure-moderated regressions analysis. The research data uses the company’s financial statement data listed on the Indonesia Stock Exchange and the 2015-2019 Corporate Performance Appraisal Program in Environmental Management – Gold Class (Gold PROPER). The results of the study explain that managerial ownership has a positive and significant effect on sustainability accounting. The existence of managerial ownership has an important role in intervening in the use of free cash flow for the benefit of social-environmental sustainability. Free cash flow is not only used for the benefit of returns from shareholders but is also used for the benefit of social-environmental sustainability as a strategic decision of the company.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Applied Science and Technology on Social Science (ICAST-SS 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
26 April 2021
ISBN
978-94-6239-371-4
ISSN
2352-5398
DOI
10.2991/assehr.k.210424.015How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Donny Teguh Santoso Junias
AU  - Raden Setyo Budi Suharto
AU  - Meyulinda Aviana Elim
PY  - 2021
DA  - 2021/04/26
TI  - The Impact of Managerial Ownership on Sustainability Accounting
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science (ICAST-SS 2020)
PB  - Atlantis Press
SP  - 72
EP  - 75
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210424.015
DO  - 10.2991/assehr.k.210424.015
ID  - Junias2021
ER  -