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This study aims to determine the effect of public ownership and growth options on sustainability performance with an investment opportunity set as a moderating variable. This type of research is associative quantitative using secondary data taken from the IDX website. The population in this study is manufacturing companies listed on the Indonesia Stock Exchange from 2013 to the end of 2017. The sample selection procedure in this study is using purposive sampling method, only 50 company datadoi:10.32493/jabi.v3i2.y2020.p141-155 fatcat:ed5xxfdifrfnzh3vl6vu4wqfty