THE EFFECT OF ESG PERFORMANCE ON SDG DISCLOSURE IN COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2021-2024

Authors

  • Firyal Eilsa Nahdah Sebelas Maret University, Indonesia
  • Edy Supriyono Sebelas Maret University, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v10i3.20739

Abstract

Corporate transparency regarding the Sustainable Development Goals (SDGs) has emerged as a critical focal point in sustainability literature. Nevertheless, the inconsistent level of reporting among Indonesian firms suggests that the underlying drivers of this practice warrant deeper scrutiny. To address this gap, this investigation evaluates how Environmental, Social, and Governance (ESG) performance both as a composite metric and through its distinct pillars influences SDG-related reporting. Focusing on entities listed on the Indonesia Stock Exchange from 2021 to 2024, the study utilized a purposive sampling approach to yield 232 firm-year observations, which were subsequently analyzed via panel data regression. The empirical outputs demonstrate that higher ESG scores, alongside robust performance in individual environmental, social, and governance areas, significantly boost the extent of SDG disclosures. Consequently, enterprises with superior sustainability records demonstrate a greater propensity for comprehensive non-financial reporting. This research enriches contemporary literature by offering granular empirical insights from an emerging economy, illustrating how multi-dimensional sustainability indicators shape corporate accountability.

Downloads

Published

2026-09-26

How to Cite

Firyal Eilsa Nahdah, & Edy Supriyono. (2026). THE EFFECT OF ESG PERFORMANCE ON SDG DISCLOSURE IN COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2021-2024. International Journal of Economics, Business and Accounting Research (IJEBAR), 10(3). https://doi.org/10.29040/ijebar.v10i3.20739

Issue

Vol. 10 No. 3 (2026): IJEBAR: Vol. 10, Issue 3, September 2026

Section

Articles

Citation Check

License

Authors who publish with IJEBAR agree to the following terms: Authors retain copyright and grant the IJEBAR right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material) the work for any purpose, even commercially with an acknowledgement of the work's authorship and initial publication in IJEBAR. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in IJEBAR. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).