THE INFLUENCE OF ENVIRONMENTAL DISCLOSURE, SOCIAL DISCLOSURE, AND GOVERNANCE DISCLOSURE ON PROFITABILITY
Keywords:
Environmental Disclosure, Social Disclosure, Governance Disclosure, Market Capitalization, Company Profitability
Abstract
The purpose to see how This study aims to see how the influence of Environmental Disclosure, Social Disclosure, and Governance Disclosure on Profitability as measured by Return on Asset. This study uses multiple linear regression analysis through SPSS version 30 with several tests carried out, namely the Classical Assumption Test which consists of Normality Test, Multicollinearity Test, Heteroscedasticity Test, and Autocorrelation Test. Furthermore, the hypothesis will be tested using the F-test and t-test and to determine how much influence the independent variable has on the dependent variable, the Coefficient of Determination Test is used. The population in this study are companies in the oil, gas and coal subsectors listed on the Indonesia Stock Exchange for the 2019-2023 period. The sample in this study was selected using purposive sampling technique so that there were eight companies that could be used as samples in this study. The results of this study are simultaneously Environmental Disclosure, Social Disclosure, and Governance Disclosure have a significant effect on Profitability as measured by Return on Asset. While partially Environmental Disclosure has a positive and significant effect on Profitability as measured by Return on Asset, Social Disclosure has no significant effect on Profitability as measured by Return on Asset, and Governance Disclosure has a negative and significant effect on Profitability as measured by Return on Asset. Companies are expected to better apply the ESG concept in carrying out their business activities as a form of responsibility for sustainable economic development and for future researchers it is expected to add other variables and increase the sample in the study to get better research results.References
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Fitriana, A. (2024). Buku Ajar Analisis Laporan Keuangan. CV Malik Rizki Amanah.
Hanggraeni, D. (2021). Manajemen Risiko Bisnis dan Environmental, Social, and Governance (ESG) : Teori dan Hasil Penelitian. IPB Press
Hanggraeni, D. (2023). ESG dan GRC : Konsep, Metode, dan Hasil Penelitian. IPB Press.
Kartiningrum, E. D., Hari Basuki Notobroto, Otok, B. W., kumarjiati, E. N., & Yuswatiningsih, E. (2022). Aplikasi Regresi dan Korelasi dalam Analisis Data Hasil Penelitian. STIKES Majapahit Mojokerto
Kusmayadi, D., Rudiana, D., & Badruzaman, J. (2015). Good Corporate Governance. LPPM Universitas Siliwangi.
Mulzaki, H., & Yulianti, E. (2024). Pengaruh Environmental Social Governance (ESG) terhadap Kinerja Keuangan (ROA) dengan Gender Diversity sebagai Variabel Moderating pada Perusahaan yang Terdaftar di Indeks ESG Leaders Periode 2020-2022. Oikos: Jurnal Kajian Pendidikan Ekonomi Dan Ilmu Ekonomi, 8(2).
Pangentas, V. D., & Prasetyo, A. B. (2023). Pengaruh Pengungkapan Environmental, Social, Governance (ESG) terhadap Profitabilitas Perusahaan (Studi Empiris pada Perusahaan yang Terdaftar dalam Index KOMPAS 100 Periode 2019- 2021). Diponegoro Journal of Accounting, 12(4).
Prayitno, E., Adam, M., Widiyanti, M., & Fuadah, L. (2024). Dampak Pengungkapan ESG terhadap Kinerja Keuangan pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia. Jurnal Ilmiah Indonesia, 9(9). https://doi.org/10.36418/syntax-literate.v9i9
Qintharah, Y. N. (2023). Urgensi Pengungkapan Lingkungan. CV AZKA PUSTAKA.
Sahir, S. H. (2021). Metodologi Penelitian. Penerbit KBM Indonesia.
Seto, A. A., Yulianti, M. L., Nurchayati, Kusumastuti, R., Astuti, N., Febrianto, H. G., Sukma, P., Fitriana, A. I., Parju, Satrio, A. B., Hanani, T., Mohamad, Z. H., Jumiati, E., & Fauzan, R. (2023). Analisis Laporan Keuangan. PT Global Eksekutif Teknologi.
Sudarmanto, E., Susanti, E., Revida, E., Pelu, M. F. A., Purba, S., Astuti, Purba, B., Silalahi, M., Anggusti, M., Sipayung, P. D., & Krisnawati, A. (2021). Good Corporate Governance (GCG). Yayasan Kita Menulis
Suryani, A., & Jumaida, S. (2022). Green Accounting and Corporate Social Responsibility on Company Performance to Mining Companies in Indonesian. GATR Accounting and Finance Review, 7(3), 160–166. https://doi.org/10.35609/afr.2022.7.3(3)
Suryani, A., Sari, A. P., & Atikah. (2019). Disclosure of Social Responsibility, Profitability to Improve the Company Value. KnE Social Sciences. https://doi.org/10.18502/kss.v3i26.5427
Titisari, K. H. (2020). Up Green CSR : Refleksi Edukatif Riset CSR dalam Pengembangan Bisnis. CV KEKATA GROUP.
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