Sustainability Report: Women directors, competencies of commissioners and corporate characteristics

DOI

10.2991/icebef-18.2019.131How to use a DOI?

Keywords

women directors; competencies of commissioners; corporate characteristics; sustainability report

Abstract

The number of companies in Indonesia that publish sustainability report has increased, although it has not been encouraging. Sustainability report indicates the company's attention to long-term performance oriented in economic, social and environmental aspects. This study aims to examine the determinant factors of sustainability report. The unit of analysis of this research is non-financial corporates in Indonesia that published sustainability reports in 2013-2016. Using purposive sampling, 20 companies or 80 data are obtained. The result of regression analysis shows that: (1) women directors positively affect sustainability report and (2) financial leverage, as a component of corporate characteristics, negatively affects sustainability report. (3) Competencies of commissioners and (4) elements of corporate characteristics, namely operating leverage and profitability, do not affect the sustainability report. The limitation of this study is measurement of commissioner competences not include experience in his field. The implications of this research; (1) Companies need to consider the proportion of women directors in maintaining the continuity of the company. (2) For investors; the proportion of high financial leverage has the potential to hinder the corporate sustainability. (3) For future researchers, it is recommended to retest the variables in this study, but in different industry. The novelty of this research is the utilization of women directors as a variable, which has never been done in previous studies.

Copyright

© 2019, 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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TY  - CONF
AU  - Majidah Majidah
AU  - Muhamad Muslih
PY  - 2019/05
DA  - 2019/05
TI  - Sustainability Report: Women directors, competencies of commissioners and corporate characteristics
BT  - Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)
PB  - Atlantis Press
SP  - 613
EP  - 616
SN  - 2352-5428
UR  - https://doi.org/10.2991/icebef-18.2019.131
DO  - 10.2991/icebef-18.2019.131
ID  - Majidah2019/05
ER  -