| Issue |
E3S Web of Conf.
Volume 479, 2024
International Seminar of Science and Applied Technology: Natural Resources Management for Environmental Sustainability (ISSAT 2023)
|
|
|---|---|---|
| Article Number | 07005 | |
| Number of page(s) | 15 | |
| Section | Sustainable Development | |
| DOI | https://doi.org/10.1051/e3sconf/202447907005 | |
| Published online | 18 January 2024 | |
Assessing the sustainability reporting quality of oil & gas companies in Indonesia and Malaysia: Examining the influence of board and CEO chair characteristics
1 Accounting Department, Politeknik Negeri Bandung, Bandung, Indonesia
2 Department of Hotel Management, Universiti Teknologi MARA, Malaysia
3 Faculty of International Finance, University Malaysia Sabah, Malaysia
* Corresponding author: moch.edman@polban.ac.id
Presently, companies, particularly those significantly impacting the environment and society, are obliged to report their sustainability-related actions. This research focuses on exploring how the characteristics of the board and the chief executive officer contribute to enhancing the quality of sustainability reporting in Oil & Gas companies operating in Indonesia and Malaysia. The study involves an analysis of 18 companies across the years 2012-2022, forming an unbalanced panel dataset encompassing a total of 178 company-year observations. Utilizing the random effect model, the findings suggest that the board’s size, an independent board, and a CEO with a lengthier tenure significantly contribute to improving the quality of corporate sustainability reporting. On the other hand, the gender diversity of the board and the age of the CEO do not exhibit a significant impact on enhancing the quality of corporate sustainability reporting. This research fills a gap in the existing literature by investigating the correlation between board and CEO characteristics and the quality of sustainability reporting within the Oil & Gas sector, specifically focusing on the Indonesian and Malaysian contexts. Moreover, it offers valuable insights and understanding for industry practitioners.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.