Ownership Structure and Corporate Sustainability Performance: Empirical Evidence from Indonesian Listed Banking Firms
Dublin Core
Title
Ownership Structure and Corporate Sustainability Performance: Empirical Evidence from Indonesian Listed Banking Firms
Creator
Yie Ke Feliana,Aurelia Angelina
Proceedings Item Type Metadata
meta_title
Ownership Structure and Corporate Sustainability Performance: Empirical Evidence from Indonesian Listed Banking Firms
Abstract/Description
This study aims to obtain empirical evidence regarding social responsibility performance influenced by ownership structure, as well as to find out whether financial distress conditions make company managers change the direction of decisions related to sustainability activities. This study uses data on banking industry business entities listed on the Indonesia Stock Exchange (IDX) for the 2019-2023 period. Sustainability performance is proxied using information disclosure regarding sustainability activities. The research sample was then processed using panel data regression. The results showed that institutional, family, managerial, and foreign ownership were found to improve sustainability performance, while government ownership was found to have no effect. Sustainability performance is found to increase in companies that are classified as healthy. The health financial condition of a company is also found to affect the effect of ownership structure on sustainability performance.
publication_date
2025/06/15
pdf_url
https://insyma.org/proceedings/files/articles/Yie Ke Feliana Aurelia Angelina.pdf
abstract_html_url
https://insyma.org/proceedings/items/show/380
keywords
Corporate Sustainability, Ownership Structure, Financial Distress, Banking Industry
firstpage
419
lastpage
428
issn
3047-857X
conference
Proceedings of the International Symposium on Management (INSYMA)
Volume
22
publisher_name
Fakultas Bisnis dan Ekonomika, Universitas Surabaya
no article
69
Files
Citation
Yie Ke Feliana,Aurelia Angelina, “Ownership Structure and Corporate Sustainability Performance: Empirical Evidence from Indonesian Listed Banking Firms,” Proceedings of the International Symposium on Management (INSYMA), accessed July 1, 2025, https://insyma.org/proceedings/items/show/380.