Pengaruh Pengungkapan Sustainability Report terhadap Kinerja Keuangan dengan Leverage sebagai Variabel Moderasi pada Perusahaan Sektor Teknologi yang Terdaftar di Bursa Efek Indonesia Periode 2022-2024

Abstract

This study aims to examine the effect of sustainability report disclosure on financial performance, as well as test whether leverage is able to moderate the relationship between the two variables in technology sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2022-2024. This study uses a quantitative approach with a causality design. The research population includes all technology sector companies listed on IDX, with samples determined through targeted sampling techniques based on specific criteria. The data used is secondary data derived from the company's annual report and sustainability report. The sustainability report disclosure variables are measured using the Sustainability Report Disclosure Index (SRDI) based on the GRI Standards indicator, financial performance is proxied by Return on Assets (ROA), and leverage is proxied by the Debt to Equity Ratio (DER). The data analysis technique used was panel data regression analysis followed by Moderate Regression Analysis (MRA) to test the role of leverage moderation. The results of this study are expected to make a theoretical contribution to the development of signal theory and legitimacy theory in the context of technology companies, as well as provide practical implications for management and investors in assessing the relevance of sustainability disclosures to the company's financial performance.