THE INFLUENCE OF SUSTAINABILITY REPORT DISCLOSURE AND OWNERSHIP CONCENTRATION TO THE COMPANY'S PERFORMANCE
Abstract
This research attempts to examine the influence of sustainability report disclosure and ownership concentration towards the company's performance. Our sample consists of 86 listed companies in Indonesian Stock Exchange during 2009 - 2011. We use two models in this research. The first model examined the influence of sustainability report disclosure in aggregate level and ownership concentration towards company's performance. The second model examined the sustainability report disclosure in individual level, measured by disclosure of economic performance, disclosure of environmental performance, and disclosure of social performance, towards the company's performance. This study used the return on asset as a proxy of company's performance. Our result found evidence that sustainability report disclosure whether in aggregate or individual level and ownership concentration have influence towards the company's performance.References
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