The impact of business characteristics, performance and selection of audit firms on sustainability reporting disclosure: The moderating role of leverage ratio

Abstract

The study inspects the impact of business characteristics, performance and selection of audit firms on Sustainability Reporting Disclosure: The moderating role of leverage ratio. In order to achieve the study objectives, the authors use SPSS 20 with Binary Logistic Regression (Logit Regression) technique to analyze. The result reveals that there was a positive association between Sector, Firm size, Firm age, ROA, Audit firm and Sustainability Reporting Disclosure. Furthermore, there is a moderating role of leverage ratio that had a positive effect on the nexus between ROA and Sustainability Reporting Disclosure. The research is carried out using the data from the Annual Report and Financial Statement of 668 companies listed on Ho Chi Minh Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX) in 2022.