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All Journal Tadrib: Jurnal Pendidikan Agama Islam Halaqa : Islamic Education Journal Jurnal Pendidikan Islam al-Afkar, Journal For Islamic Studies Edumaspul: Jurnal Pendidikan Jurnal Al-Amwal Jurnal Ilmiah Mandala Education (JIME) Mashdar: Jurnal Studi Al-Qur'an dan Hadis Jurnal Mantik Jurnal Ilmiah Akuntansi Kesatuan Asatiza: Jurnal Pendidikan JURNAL PENDIDIKAN, SAINS DAN TEKNOLOGI Jurnal Ekonomi, Manajemen, Akuntansi dan Keuangan Jurnal Ar-Ribh Etihad: Journal of Islamic Banking and Finance Disclosure: Journal of Accounting and Finance USRAH: Jurnal Hukum Keluarga Islam Journal of Information Systems and Management JAB (Jurnal Akuntansi dan Bisnis) el-Amwal Kunuz: Journal of Islamic Banking and Finance Journal of Islamic Education and Innovation (JIEI) Asian Journal of Management Analytics Jurnal Pendidikan Amartha Ekalaya: Jurnal Pengabdian Kepada Masyarakat Indonesia EJOIN : Jurnal Pengabdian Masyarakat Jurnal Pengmas Kestra (JPK) Jurnal Pengabdian Masyarakat Bangsa PMSDU Sharing: Journal Of Islamic Economics, Management And Business Jurnal Bisnis dan Komunikasi Digital Jurnal Penelitian, Pengembangan Pembelajaran dan Teknologi (JP3T) Journal of Innovative and Creativity Journal of Economic, Management, Business, Accounting Sustainability Journal Of Community Sustainability International Journal of Economics, Business and Innovation Research Science: Indonesian Journal of Science Multidisciplinary Journal of Religion and Social Sciences (MJRS) Journal of Social Science and Education Research Jurnal Indonesia Mengabdi COVID-19 : Journal of Health, Medical Records and Pharmacy
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Journal : Asian Journal of Management Analytics

The Effect of Environmental Social Governance on the Company's Financial Performance with Company Size as a Moderating Variable Qofi’ah, Rohmawati; Lismawati, Lismawati
Asian Journal of Management Analytics Vol. 4 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v4i2.14122

Abstract

This study aims to determine how the impact of ESG on the financial performance of manufacturing companies in Indonesia. The population of this study is 35 companies in a 4-year period, so the sample includes 140 companies. This study applies a quantitative approach with data analysis through panel data regression and Moderated Regression Analysis (MRA) is implemented to determine whether the company size variable can strengthen or weaken the correlation of ESG's influence on financial performance with Eviews 12. The test results with panel data regression implementing the Fixed Effect Model (FEM) indicate the t-statistic value for the ESG variable is -2.153039 which indicates that ESG has a negative impact on financial performance and company size as moderation is able to weaken the correlation of ESG to the financial performance of manufacturing companies in Indonesia listed on the IDX during the 2020-2023 period.
The Moderating Role of Firm Size in the Relationship Between Board Size and Executive Incentives on Firm Performance Khairani, Rizka; Lismawati, Lismawati
Asian Journal of Management Analytics Vol. 4 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v4i2.14145

Abstract

This study examines the effect of board size and executive incentives on firm performance in banking companies listed on the Indonesia Stock Exchange from 2020 to 2023. Firm size is tested as a moderating variable. A total of 45 banking companies were selected using purposive sampling, resulting in 180 firm-year observations, which were analyzed through panel data regression and Moderated Regression Analysis (MRA) using EViews 12. The results show that board size and executive incentives have a positive effect on firm performance, as measured by Return on Assets (ROA). However, firm size does not significantly affect firm performance and does not moderate the relationship between board size and performance. Notably, firm size negatively moderates the relationship between executive incentives and firm performance. These findings contribute to a better understanding of corporate governance dynamics in the banking sector.
Co-Authors Aastiqomah, Aastiqomah Abdurrohman, Abdurrohman Adilah, Fathiyyah Agussalim, Agussalim Aisyah Aisyah Al-Faid, Mahesa Alfarobi, Thufail Alfi, Badrina Ali Hardana Alviana, Lia Amalia, Nala AMELIA, NUR Amir, Paisal Anam, Haikal Fadhil Angga Prayoga Anita Puji Astutik Arifuddin, Farchan Aryadi, Ikhsan Asbari, Masduki Assoburu, Selvia Asti M, Choirunnisa Awaliyah, Dien Putri Azizah, Syawalia Baskoro, Ilham Fajar Cucum Novianti, Cucum Diany Mairiza Djamal Abdi, Djamal Fadila, Nurul Fasya, Cut Dwi Octaviona Fatur, Abdul Hasan Fauzi, Abi Felix Kasim Ferdiansyah, Muhammad Ichsan Firmansyah, Putra Handary, Alvyta Nur Handayani, Indrastuti Hayati, Kardina Hijriani, Zhulfi Hilmiyati, Fitri Hutabarat, Anjeli Imas Ratna Ermawati, Imas Ratna Indri Indri Iryanti, Shobah Shofariyani Iskandar Iskandar Jalil, Nurlina Jum'a, Hikmatis Khairani, Rizka Khoirunnisa Istiqomah Kholifah, Alista Pristantika Nur Khumayroh, Desy Kusnadi Melina, Gita Meliyana, Reza Rosa Mifta Hasda Mohd. Winario Muhammad Arifin Rahmanto Muhammad Syaipudin Muhammad Zakir Mutiah, Nur Ningsih, Nia Kurnia Noviyanti, Mirana NUR AINI Nuringsih, Nuringsih Nurul Aisyah Oktaviana, Fadilla Pitriani, Pitriani Putri Aisyatun Najwa Putri, Berliana Qofi’ah, Rohmawati Rahmat Hidayat Rahmawati, Rahmawati Ramadhan, Alif Rizky Ramadhan, Satria Putra Rifqil Khairi Rizky Nazmia, Mutiara Rofiq, Abdullah Khairur Sari, Indri Putriana Dewita Saru Reza Sholeh, Mohamad Agus Sihombing, Heny Indriyani Sinaga, Ria Enjeli Br. Siregar, Siti Halimah Siti Aisyah Sofyan, Mohamad Syatriawati Syatriawati Syifa, Ahmad Tarihoran, Naf’an Trimulato Trimulato, Trimulato Utami, Try Wahyu Vernando, Vellix Vina Ayu Lestari Wasehudin, Wasehudin Wicaksono, Triadi Wijayanti, Indah Oktari Wisri Wisri, Wisri Yudha Prawira Yuli Yusnita Yulia Wulandari, Yulia Yulyani, Arti Zubaidah Assyifa