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Purpose- The purpose of this paper is to examine the relationship between the quality of sustainability reports (QSR) and corporate financial performance (CFP). Since the global reporting initiative (GRI) reporting guideline is widely adopted by organizations over the world, the reporting organizations that report their corporate social responsibility (CSR) information under GRI reporting guidelines.
Design/methodology/approach- In this study total of 6,519 samples are obtained from the GRI report list in the reporting period from the year 2009 to 2013 for analysis.
Findings- The results demonstrate higher QSR results in better profitability and CFP but QSR exceeding a certain level in return increase the utilization of the firm’s resources and this leads to a decrease in overall profitability. Besides, the study proved that continuing investment in sustainability reporting and the decrease in a firm’s profitability affect the overall profitability – Returns on asset (ROA) and Re
Quality-sustainability-reporting
Corporate-financial-performance
Global-reporting-initiative
Profitability
Ri-reporting-guidelines
Purpose: This study investigates the effect of corporate governance on financial performance by taking into account the mediating effect of earnings management.
Design: By using a structural equation modeling and partial least squares approach and a sample of listed banks in Indonesia observed between 2010 and 2015, this research proves that good corporate governance has a significant effect on earnings management and, in turn, that earnings management has an adverse impact on a company’s financial performance.
Findings: An increase in managerial and institutional ownership leads to a decrease in earnings management, which can improve a company’s financial performance.
Originality: This research shows that by applying good corporate governance mechanisms, a company can avoid agency conflicts, minimize earnings manipulation by managers, and obtain reliable company performance valuations.
Indonesia
Corporate-governance
Corporate-financial-performance
Earnings-management
Nstitutional-ownership
Anagerial-ownership
Indonesia
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