AN EMPIRICAL STUDY IN THE ASEAN REGION Fathia Khalisah Munthe Primary Author mixed material bibliography Banda Aceh Fakultas Ekonomi dan Bisnis 2025

Skripsi

This study examines the effect of corporate governance on sustainability reporting in six ASEAN countries including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Grounded in agency theory and legitimacy theory, this research analyzes the influence of board size, board independence, women on board, CSR committee, CEO duality, multiple directorships, audit committee independence, and Big 4 auditors on sustainability reporting. The study uses a purposive sampling method on 60 listed companies that consistently published GRI-based sustainability reports from 2021 to 2023, resulting in 180 firm year observations. Sustainability reporting is measured using the Global Reporting Initiative Standards 2016. The analysis employs panel data regression. The findings reveal that board independence, CSR committee, multiple directorships, and audit committee independence have a significant positive effect on sustainability reporting. Board size, women on board, CEO duality, and Big 4 auditors show positive but insignificant effects, while board size has a negative and insignificant relationship. This study provides empirical evidence on the role of governance mechanisms in influencing sustainability reporting in the ASEAN region and offers insights for regulators, companies, and investors to enhance transparency and accountability in sustainable business practices. Keywords: Corporate Governance, Sustainability Reporting, GRI Standards, ASEAN, Board Independence, CSR Committee, Panel Data 0 ELECTRONIC THESES AND DISSERTATION Universitas Syiah Kuala 166719 2025-07-24 16:06:07 2025-07-24 16:10:53 machine generated