ABSTRACT: This study aims to empirically examine the effect of corporate governance on company value with sustainability report as a mediating variable. The population in this study are all go public companies listed on the Indonesia Stock Exchange for the period 2018 – 2022. The sample was taken using purposive sampling by determining certain criteria so that a sample of 47 companies was obtained. The analysis technique uses path analysis using the Eviews application with hypothesis testing using the t test, F test, and sobel test. The results showed that corporate governance proxied by Managerial Ownership, Institutional Ownership, Board of Commissioners Size and Audit Committee had an effect on Sustainability Report. Corporate Governance proxied by Managerial Ownership, Institutional Ownership, Size of the Board of Commissioners and Audit Committee has no effect on Company Value. Sustainability Report has no effect on Company Value. Sustainability Report is not able to mediate the influence of Managerial Ownership, Institutional Ownership, Size of the Board of Commissioners and Audit Committee on Company Value. Simultaneously Managerial Ownership, Institutional Ownership, Size of the Board of Commissioners and Audit Committee have a significant effect on Sustainability Report. However, Managerial Ownership, Institutional Ownership, Size of the Board of Commissioners and Audit Committee simultaneously have no effect on Company Value.

KEYWORDS – Corporate Governance, Sustainability Report, Company Value