The Effect of Profitability, Disclosure Sustainability Finance, Sustainability Report Assurance on Cost of Debt
Abstract
The study's objective is to determine how profitability, financial disclosure sustainability, sustainability report assurance, and firm age and size as control variables affect the cost of debt. 47 banking companies that will be available for purchase on the Indonesia Stock Exchange (IDX) between 2017 and 2021 make up the sample for this study. Secondary sources like annual reports and sustainability reports provide this data. Analyses of multiple linear regression was the method of analysis that used in this study. The testing in this study shows that the profitability variable has a negative and significant effect on the cost of debt, as do the sustainability financial disclosure and sustainability report assurance variables, as well as the sustainability report assurance variable.