Ownership concentration, sustainability practices, and cost of debt: Evidence from ASEAN countries

This study examines the effect of ownership concentration on sustainability practices and cost debt. Subsequently, this whether performance influences debt public listed companies in three ASEAN countries. performed a content analysis annual reports 93 Singapore, Malaysia, Indonesia. The data showed that has significant negative but no practices. It also there is Such findings could be attributed to differences business relationships between investors non-linear relationship provides evidence both negatively affect companies. From findings, it recommended should refocus strategize ways mitigate debt, particularly developing