Effect of Stakeholder Pressure and Corporate Governance on Sustainability Reports Disclosure: Empirical Study on Mining Sector Companies in Indonesia

Abstract

Stakeholder pressure and corporate governance empirically have relevance to the sustainability reports disclosure, which this research will prove at mining sector companies listed on Indonesia Stock Exchange (IDX). All mining sector companies that are always listed on the IDX for 2016 – 2020 are the population of the research. Using a purposive sampling technique, the sample for this research is 15 companies with a total number of observations of 75 samples. The data analysis method uses multiple regression analysis. This study proves that only stakeholder pressure has a significant and positive effect, namely pressure from environmentally sensitive industries and employee pressure, while consumer and shareholder pressure have no significant effect on sustainability reports disclosure. All aspects of corporate governance, such as the board of commissioners, independent commissioners and audit committees, have no significant effect on sustainability reports disclosure.