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Analysis of the Influence of Sustainability Reporting on Company Market Performance Arif Mulyono; Murtanto
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 2 (2025): Dinasti International Journal of Economics, Finance & Accounting (May-June 2025
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i2.4109

Abstract

This study aims to analyze the impact of economic, environmental, and social performance disclosures in sustainability reports on market performance in the food and beverage sector companies listed on the Indonesia Stock Exchange during the 2021–2023 period. Using an explanatory research method, the data were analyzed through a multiple linear regression approach. The independent variables include economic, environmental, and social performance disclosure indices measured based on GRI 2021 standards, while market performance is proxied by the Tobin's Q ratio. The results indicate that, simultaneously, economic, environmental, and social performance disclosures do not significantly affect market performance. These findings differ from previous studies, possibly due to the unique characteristics of the food and beverage sector, which primarily produces consumer staples where factors such as consumer perception and economic conditions are more dominant. This study is expected to provide insights for companies, investors, and policymakers on the importance of considering sustainability factors in business strategies and their implications for market outcomes.
Correlation Between Storage Duration and Temperature of Uht Milk and The Growth of Streptococcus Sp. Dea juni Safitri; Ikhsan Mujahid; Kurnia Ritma Dhanti; Arif Mulyono
Proceedings Series on Health & Medical Sciences Vol. 9 (2026): Proceeding of the 1st Holistic Healthcare Delivery through Community-Based Approaches
Publisher : UM Purwokerto Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30595/pshms.v9i1.2220

Abstract

Ultra-High Temperature (UHT) milk is processed by brief exposure to extremely high temperatures (approximately 135150C) to eliminate pathogenic microorganisms and extend shelf life. Streptococcus lactis, a member of the normal microflora in milk, contributes to fermentation processes; however, once the package is opened, the milk becomes susceptible to environmental contamination. Key factors influencing the growth of Streptococcus sp. in UHT milk include storage temperature, duration of storage, and nutrient availability. This study employed a time series design and was conducted in July 2025. Sixteen UHT milk samples were stored at 4C and 25C, with bacterial isolation performed on days 0, 1, 7, and 14. Data were analyzed using a repeated measures test. The results demonstrated a statistically significant correlation between storage duration and temperature and the growth of Streptococcus sp., with a p-value of 0.000 (p 0.05). These findings indicate that prolonged storage and higher temperatures are associated with increased bacterial proliferation.