Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal The Eastasouth Management and Business
Ana Yuliana Jasuni
Management Study Program, Nusa Putra University
Decision Sciences, Operations Research & Management

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
ESG Performance, Financial Ratios, Stock Prices, and Dividend Payments: Manufacturing and Energy Companies Siti Nur Aisyah; Ana Yuliana Jasuni; Febri Wulandari Ansori; Agung Maulana
The Eastasouth Management and Business Vol. 4 No. 03 (2026): The Eastasouth Management and Business (ESMB)
Publisher : Eastasouth Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/esmb.v4i03.996

Abstract

Industrialization has led to an increase in environmental problems, resulting in higher demands for companies to adopt Environmental, Social, and Governance (ESG) principles. ESG practices involve a trade-off for companies between ESG performance, which requires large investments and has the potential to sacrifice shareholder profitability in the short term. This study aims to examine the influence of ESG performance, profitability ratios Return on Assets (ROA) and Return on Equity (ROE), and closing stock price on the Dividend Payout Ratio (DPR) for manufacturing and energy companies with high emissions in Indonesia from 2018 to 2023. The model used is panel data regression with a random effects approach. The results show that only ROE and the Governance (G) pillar have a significant positive effect on DPR, while the other variables are not significant. These findings indicate that dividend policy is still profit-based and that governance influences dividend policy considerations.
Co-Authors Agung Maulana Febri Wulandari Ansori Siti Nur Aisyah