Educational Qualifications of The Board of Commissioners and Corporate Sustainability Performance
DOI:
https://doi.org/10.32493/jiaup.v14i2.60735Keywords:
Chairman of the Board of Commissioners' Education, Corporate Sustainability Performance, Economic Sustainability Performance, Environmental Sustainability Performance, Social Sustainability PerformanceAbstract
This study examines the effect of the Chairman of the Board of Commissioners' educational qualifications on Corporate Sustainability Performance (CSP), which comprises economic, environmental, and social sustainability performance. A quantitative approach was employed using secondary data from the annual reports and sustainability reports of 46 consumer sector companies listed on the Indonesia Stock Exchange (IDX) during 2022–2024, resulting in 138 firm-year observations. Firm size was included as a control variable. Data were analyzed using panel regression in EViews. Results show that the Chairman of the Board of Commissioners' education has no significant effect on economic or social sustainability but positively affects environmental sustainability performance. Thus, higher education supports environmental stewardship by the board, though it alone does not determine economic or social sustainability outcomes. The findings highlight board educational attainment as a supportive factor for corporate sustainability, especially environmental management.
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Astriliya, N. H., & Hasan, A. N. (2025). Perbandingan Pengungkapan Laporan Keberlanjutan Industri Perkeretaapian di Indonesia Berdasarkan GRI Standar 2021. E-Jurnal Akuntansi TSM, 5(1), 133–148.
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Sulistyaguna, B., Samrotun, Y. C., & Wahyuningsih, M. (2021). Determinants of Corporate Social Responsibility Disclosure in Indonesia. Jurnal Ilmiah Akuntansi Universitas Pamulang, 9(1), 42–53.
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Tjahjadi, B., Soewarno, N., & Mustikaningtiyas, F. (2021). Good corporate governance and corporate sustainability performance in Indonesia: A triple bottom line approach. Heliyon, 7(3). https://doi.org/10.1016/j.heliyon.2021.e06453
Adiyanti, R., & Ardi, M. (2026). The Influence of Green Accounting , Environmental and Financial Performance on Company Value with Profitability as a Mediator. Jurnal Ilimiah Akuntansi Pamulang, 14(1), 84–100.
Astriliya, N. H., & Hasan, A. N. (2025). Perbandingan Pengungkapan Laporan Keberlanjutan Industri Perkeretaapian di Indonesia Berdasarkan GRI Standar 2021. E-Jurnal Akuntansi TSM, 5(1), 133–148.
Azmi, Z., Rahmadani, H. N., Damayanti, N. R. S., & Rahmah, F. R. (2026). Analisis Implementasi Landasan GRI 2021 (GRI 1, 2, 3) Pada Laporan Keberlanjutan Perusahaan Infrastruktur yang Terdaftar di Bursa Efek Indonesia. Neraca Akuntansi Manajemen, Ekonomi, 25(2).
Fitriasari, R., & Soewarno, N. (2024). How Board Member’s Education Diversities and Financial Expertise Matter to Sustainability Report Disclosure: An Insight from Upper-Echelon Theory. Jurnal Aplikasi Manajemen, 22(3), 878–890.
Hakim, R. I. O. C., & Agustina, L. (2026). The Effects of Gender Diversity , Age Diversity , and Organizational Structure on Sustainability Performance. Jurnal Ilmiah Akuntansi Pamulang, 14(1), 31–48.
Herusetya, A. (2025). Praktik Stata 18.0 pada Pemodelan Analisis Data Panel Studi Ilmu Akuntansi dan Keuangan: Tip dan Trik untuk Peneliti Pemula dan Mahasiswa (Mo. Nasrudin (ed.)). PT Nasya Expanding Management. https://books.google.co.id/books?id=wWNREQAAQBAJ&lpg=PP1&ots=EetRvh6rq5&dq=buku stata dan ekonomika&lr&hl=id&pg=PP1#v=onepage&q&f=false
Ho, L., Bai, M., Lu, Y., & Qin, Y. (2021). The effect of corporate sustainability performance on leverage adjustments. British Accounting Review, 53(5). https://doi.org/10.1016/j.bar.2021.100989
Jensen, M. C., & Meckling, W. H. (1976). Theory of The Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3, 305–360.
Kadek, N., Natalia, D., & Dewi, A. A. (2025). Board Characteristics and Sustainability Performance: Evidence from Indonesia’s Energy Sector. E-Jurnal Akuntansi, 2078–2094. https://doi.org/10.24843/EJA.2025.v35.i10.p04
Kristiana, R., & Limajatini. (2025). PengaruhDewanKomisarisIndependen, KomiteAudit, dan Ukuran Perusahaan Terhadap Pengungkapan Sustainability ReportDengan Profitabilitas Sebagai Pemoderasi(Studi Empiris Pada PerusahaanEnergiyang Terdaftar Di Bursa Efek Indonesia Periode2020 –2023). Global Accounting : Jurnal Akuntansi, 1, 1–10.
Kwarteng, P., Appiah, K. O., & Addai, B. (2023). Influence of board mechanisms on sustainability performance for listed firms in Sub ‑ Saharan Africa. Future Business Journal, 9(1), 1–24. https://doi.org/10.1186/s43093-023-00258-5
Lehenchuk, S., Zhyhlei, I., Ivashko, O., Chulipa, I., & Wit, B. (2024). Impact of Corporate Governance on Firms ’ Sustainability Performance : Case Study of BIST 50 Index Companies. 1–14.
Minciullo, M., Zaccone, M. C., & Pedrini, M. (2022). The Antecedents of Corporate Sustainability Performance: A Study on Generic and Sustainability-Related Corporate Governance Mechanisms. Sustainability (Switzerland), 14(15). https://doi.org/10.3390/su14159761
Mulyani, S., Kusumastuti, R., & Tiswiyanti, W. (2026). Kualitas Pengungkapan Sustainability Report Berbasis GRI pada Perusahaan Sektor Energi di Bursa Efek Indonesia Periode 2020 – 2024. JIBEMA: Jurnal Ilmu Bisnis, Ekonomi, Manajemen, Dan Akuntansi, 3(4), 511–527.
Santoso, N. A. H., & Simatupang, F. S. (2026). Good Corporate Governance, Profitability, and Sustainability Report Disclosure: The Moderating Role of Firm Size. Indonesian Interdisclipnary Journal of Sharta Economics (IIJSE), 9(1), 9832–9846.
Suharyono, Zarefar, A., & Zarefar, A. (2023). Analysis of Corporate Governance and Corporate Sustainability Performance in the Indonesian Context. Business: Theory and Practice, 24(1), 137–147. https://doi.org/10.3846/btp.2023.16898
Sulistyaguna, B., Samrotun, Y. C., & Wahyuningsih, M. (2021). Determinants of Corporate Social Responsibility Disclosure in Indonesia. Jurnal Ilmiah Akuntansi Universitas Pamulang, 9(1), 42–53.
Surbakti, L. P., Sari, R. P., Swatdikun, T., Nugraheni, R., & Wibawaningsih, E. J. (2025). Good corporate governance and corporate sustainability performance in Indonesia. RAM (Revista de Administracao Mackenzie). https://doi.org/https://doi.org/10.1590/1678-6971/eramf250129
Tjahjadi, B., Soewarno, N., & Mustikaningtiyas, F. (2021). Good corporate governance and corporate sustainability performance in Indonesia: A triple bottom line approach. Heliyon, 7(3). https://doi.org/10.1016/j.heliyon.2021.e06453
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