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Journal : Jurnal Ecogen

Pengaruh Risiko ESG Terhadap Kinerja Perusahaan: Efek Moderasi Konsentrasi Kepemilikan Helmy, Herlina; Susanto, Perengki; Syahrizal, Syahrizal
Jurnal Ecogen Vol 8, No 1 (2025): Jurnal Ecogen
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jmpe.v8i1.17188

Abstract

This article aims to examine the impact of Environmental, Social, and Governance (ESG) risk on the performance of Indonesian listed companies. We also examined how ownership concentration acts as a moderator between ESG risk and company performance. This paper adopts Morningstar Sustainalytics scores to measure ESG risk and uses Tobin's Q to measure firm performance. Ownership concentration is quantified by the shareholding proportion of the predominant stakeholder. The F-test results demonstrate that the independent variables collectively influence the dependent variable. However, t-test findings demonstrate that ESG risk does not significantly influence firm performance. The MRA test indicates that ownership concentration has no significant impact on the relationship between ESG risk and firm performance.
Keselarasan Faktor Lingkungan, Kapabilitas Manufaktur, Orientasi Kewirausahaan dan Kinerja Perusahaan Thabrani, Gesit; Susanto, Perengki; Masdupi, Erni
Jurnal Ecogen Vol 8, No 2 (2025): Jurnal Ecogen
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jmpe.v8i2.17237

Abstract

Small and medium enterprises (SMEs) have proven to have a strategic role in supporting the Indonesian economy. However, the performance of SMEs has not shown excellence in dealing with uncertain environmental conditions. This study looks at the alignment between environmental factors, manufacturing capabilities, entrepreneurial orientation and Company performance using a quality function deployment (QFD) approach. The results of the study show that to deal with environmental factors, SMEs need to focus on quality, innovatively oriented, which has an impact on marketing performance.Keywords:    kinerja perusahan, faktor lingkungan, kapabilitas manufaktur, orientasi kewirausahaan, house of quality