This study aims to analyze how the effect of catering dividend as measured by dividend premium and free cash flow on dividend policy. This study uses quantitative data types and secondary data sources to measure the variables studied. The population in this study is manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2015–2018 period with 186 observations. This study was tested using multiple linear regression analysis with SPSS 20 software. This study found that catering dividends as measured by dividend premium showed a positive effect on dividend policy and free cash flow which also had a positive influence on dividend policy. These results indicate that the higher the dividend premium and free cash flow of the company, the better the company’s dividend policy.

The relationship between intellectual capital and firm performance represents a critical facet of corporate governance, warranting comprehensive investigation. By analyzing data from 1151 non-financial firms listed on the Indonesia Stock Exchange over the period from 2018 to 2022, the authors utilize fixed effect regression analysis to test their hypothesis. This study’s findings reveal a positive and significant relationship between intellectual capital and firm performance. Additionally, the interaction model incorporating political connections yields statistically significant results, indicating that political connections can moderate the relationship between intellectual capital and firm performance. This study makes a substantial contribution to the literature, particularly by advancing the understanding of corporate governance through the lens of intellectual capital’s influence on firm performance. It offers both theoretical and practical insights into the Indonesian context, highlighting the moderating role of political connections. Notably, this study is the first to incorporate interaction models to assess the impact of political connections on this relationship.

Purpose: We examine the relationship between CEO social capital and environmental disclosures and the moderating role of board gender diversity on the basis of stakeholder theory. Design/methodology/approach: We use 937 firm-year observations from public companies, excluding the financial sector, in Indonesia, Malaysia, Singapore and Thailand for the 2017–2023 period. A fixed-effects regression model is used as the primary model and robustness tests, such as dynamic panel entropy balancing, propensity score matching and selection bias tests, are conducted to address endogeneity. Findings: The results indicate that CEO social capital improves environmental disclosure practices. However, board gender diversity weakens this relationship, indicating that more gender-diverse boards tend to have lower levels of environmental transparency. Path analysis confirms that CEO social capital increases firm value through a complex mediating mechanism involving gender diversity and environmental disclosures. Practical implications: This study emphasises that CEO social capital is a strategic asset that strengthens environmental transparency and legitimacy. Companies are advised to evaluate the professional networks, social reputation and external engagement of CEO candidates during the recruitment process and strengthen social capacity through cross-sector collaboration and sustainability forums. Originality/value: This study addresses the gap in the literature by demonstrating how CEO social networks and gender diversity simultaneously influence sustainable governance in developing countries.

Purpose: This study aims to investigate the relationship between the structure of corporate governance (CG) and firm performance (FP), with carbon emission disclosure (CED) as a mediator. Design/methodology/approach: The study is panel data of 35 mining companies listed in Indonesia Stock Exchange from 2011 to 2020 and 350 firm-year observations. The CED use the global reporting initiative framework, which was applied through content analysis in the annual reports. The governance structure and FP were also extracted from the report. Findings: The results of this study that CED mediates the relationship between CG structure (board size, independent board and, audit committee) and FP. Meanwhile, CED does not mediate the relationship between ownership concentration and FP. The results support theory of stewardship, which is very suitable for use in Indonesia when viewed from the geography and culture of Indonesia itself. Indonesia is a country influenced by Eastern culture, where shareholders' interests are prioritized and agents are more devoted to their clients. Research limitations/implications: First, this study only includes samples from Indonesian mining companies. Consequently, it must be conducted for all industries from various nations, particularly ASEAN, that have an effect on environmental change, particularly companies that produce carbon emissions as a result of company operations. Second, this study employs secondary data so that further research can be conducted with primary data, such as asking questions and conducting interviews with company executives, in the aim of obtaining different results. Practical implications: This research encourages management to implement CED information with an effective CG structure in order to enhance long-term FP. This study advises company management to increase their focus on sustainability activities, particularly with regard to environmental changes caused by company operations. Through disclosing valid, accurate, and credible CED information, the CG structure can reduce information asymmetry between various stakeholders and companies using the findings of this study. The result aims to help investors in taking responsibility for environmental changes and selecting environmentally beneficial investments, providing them to make the best investment decisions to increase FP. Social implications: This study invites existing literature by investigating the direct and indirect effects of FP on associat between governance structure and disclosure of carbon emissions in mining companies that produce the most carbon emissions in Indonesia, which is a developing country. Originality/value: This is the first study to examine the three-way relationship between CED as a mediator of the relationship between CG structure and FP in mining companies in Indonesia, where Indonesia is the number 5 country in the world and number 3 in ASIA as a contributor to carbon emissions. This means that Indonesia also plays a role in global environmental change. This study answers the gaps in the previous literature with various variables and indicators.