ANALYSIS OF THE EFFECTS OF ENVIRONMENTAL DISCLOSURE, SOCIAL
DISCLOSURE, AND GOVERNANCE DISCLOSURE ON FINANCIAL
PERFORMANCE IN COMPANIES LISTED IN THE ESG SECTOR LEADER INDEX
OF THE INDONESIA STOCK EXCHANGE IN 2023
Dublin Core
Title
ANALYSIS OF THE EFFECTS OF ENVIRONMENTAL DISCLOSURE, SOCIAL
DISCLOSURE, AND GOVERNANCE DISCLOSURE ON FINANCIAL
PERFORMANCE IN COMPANIES LISTED IN THE ESG SECTOR LEADER INDEX
OF THE INDONESIA STOCK EXCHANGE IN 2023
DISCLOSURE, AND GOVERNANCE DISCLOSURE ON FINANCIAL
PERFORMANCE IN COMPANIES LISTED IN THE ESG SECTOR LEADER INDEX
OF THE INDONESIA STOCK EXCHANGE IN 2023
Subject
Environmental Social Governance (ESG), Environmental disclosure, Social
disclosure, Governance disclosure, Economic Value Added
disclosure, Governance disclosure, Economic Value Added
Description
This study aims to analyse the influence of Environmental, Social and Governance
Disclosure on the Financial Performance of Companies Listed in the ESG Sector
Leader Index of the Indonesia Stock Exchange in 2023. It is hoped that this research
will provide investors with new insights into the factors that can influence financial
performance as measured by Economic Value Added (EVA). In this way, investors
and other financial stakeholders can consider the research findings in their decision
making. The data were processed using ordinary least square (OLS) analysis, which
includes a series of classical assumption tests and multiple linear regression tests to
examine the results of the influence of independent variables on the dependent
variable. The test results indicate that environmental disclosure, tested using four
sub-variables, showed that operational carbon disclosure did not affect EVA, while
product and service carbon disclosure positively affected EVA, natural resource use
disclosure positively affected EVA, and emissions, effluents, and waste disclosure did
not positively affect EVA. Social disclosure, tested using two sub-variables, shows
that community relations disclosure and occupation health and safety disclosure do
not affect EVA. Governance disclosure, tested using two sub-variables, showed that
governance disclosure did not affect EVA, while business ethics disclosure did not
positively affect EVA.
Disclosure on the Financial Performance of Companies Listed in the ESG Sector
Leader Index of the Indonesia Stock Exchange in 2023. It is hoped that this research
will provide investors with new insights into the factors that can influence financial
performance as measured by Economic Value Added (EVA). In this way, investors
and other financial stakeholders can consider the research findings in their decision
making. The data were processed using ordinary least square (OLS) analysis, which
includes a series of classical assumption tests and multiple linear regression tests to
examine the results of the influence of independent variables on the dependent
variable. The test results indicate that environmental disclosure, tested using four
sub-variables, showed that operational carbon disclosure did not affect EVA, while
product and service carbon disclosure positively affected EVA, natural resource use
disclosure positively affected EVA, and emissions, effluents, and waste disclosure did
not positively affect EVA. Social disclosure, tested using two sub-variables, shows
that community relations disclosure and occupation health and safety disclosure do
not affect EVA. Governance disclosure, tested using two sub-variables, showed that
governance disclosure did not affect EVA, while business ethics disclosure did not
positively affect EVA.
Creator
Rosalia1, Wiwiek Prihandini
Source
https://jurnal.stie-aas.ac.id/index.php/IJEBAR
Date
2024
Contributor
peri irawan
Format
pdf
Language
english
Type
text
Files
Citation
Rosalia1, Wiwiek Prihandini, “ANALYSIS OF THE EFFECTS OF ENVIRONMENTAL DISCLOSURE, SOCIAL
DISCLOSURE, AND GOVERNANCE DISCLOSURE ON FINANCIAL
PERFORMANCE IN COMPANIES LISTED IN THE ESG SECTOR LEADER INDEX
OF THE INDONESIA STOCK EXCHANGE IN 2023,” Repository Horizon University Indonesia, accessed May 15, 2025, https://repository.horizon.ac.id/items/show/7231.
DISCLOSURE, AND GOVERNANCE DISCLOSURE ON FINANCIAL
PERFORMANCE IN COMPANIES LISTED IN THE ESG SECTOR LEADER INDEX
OF THE INDONESIA STOCK EXCHANGE IN 2023,” Repository Horizon University Indonesia, accessed May 15, 2025, https://repository.horizon.ac.id/items/show/7231.