Table 1

Annual and sustainability reports used in this study.

Year IDX KLSE SGX
2016 4(26.7%) 14(35.0%) 3(50.0%)
2017 6(40.0%) 26(65.0%) 5(83.3%)
2018 8(50.0%) 37(90.2%) 6(100%)
2019 7(41.2%) 41(100%) 5(83.3%)
2020 10(50.0%) 41(100%) 6(100%)
2021 20(87.0%) 41(100%) 5(83.3%)
2022 21(87.5%) 40(100%) 6(100%)
Total 76 240 36

Notes: IDX denotes the Indonesia Stock Exchange. KLSE denotes the Plantation Sector of the Kuala Lumpur Stock Exchange. SGX denotes the Singapore Stock Exchange.

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