Abstract:
Sustainability reporting (SR) has been identified as a rapidly expanding area of
modern corporate reporting. It is crucial in the current setting to explore the
elements determining the quality of SR in Sri Lanka. Therefore, the study aims to
identify the factors influencing the quality of SR in Sri Lanka. The sample of the
study consists of ten commercial banks in Sri Lanka listed on the Colombo Stock
Exchange. Secondary data was acquired from each commercial bank's annual
reports over a six-year period from 2016 to 2021 in conducting the study. The
quality of SR was evaluated using content analysis. This study applied the
comprehensive approach developed by Permatasari, Gunawan, and El-Bannany
(2020) to measure the quality of SR. Profitability, leverage, company size, and
sustainability committee were the independent variables of the study. This analysis
reveals that the most important elements influencing SR quality are company size,
profitability, leverage, and the sustainability committee. Furthermore, the current
study contributes significantly to expanding knowledge in the field of SR.
