Female Directors, Intellectual Assets and Sustainability Report Quality: Moderation of Audit Quality

Abstract

The purpose of this study is to investigate that audit quality moderate the relationship between female directors, intellectual assets and sustainability report quality. This paper examines sustainability reports of 1.523 listed companies on the Indonesia Stock Exchange for 2020-2022. Using the Generalized Least Square (GLS) regression model, the empirical results indicate that the moderating effect of audit quality proxied by a Big Four public accountant firm shows a positive significant effect. This study’s findings have important implications especially for the corporate top management. Companies are encouraged to not only consider the existense of female board of directors to enhance higher quality of sustainability report, but also to strengthen the role of the board by hire higher quality financial statement’s auditor.