Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal International Journal of Social and Management Studies (IJOSMAS) Enrichment: Journal of Multidisciplinary Research and Development
Kurniasih , Augustina
Unknown Affiliation
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
The Role of Environmental Social Governance (ESG) in Moderating the Influence of Financial Factors on Stock Returns in the Property and Real Estate Industry Agustino, Deni; Kurniasih , Augustina
Enrichment: Journal of Multidisciplinary Research and Development Vol. 3 No. 6 (2025): Enrichment: Journal of Multidisciplinary Research and Development
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/enrichment.v3i6.461

Abstract

This study aims to analyze the effect of liquidity (CR), leverage (DER), profitability (ROA), and sales growth (SG) on stock returns, with Environmental Social and Governance (ESG) as a moderator variable. The research data is panel data from 13 companies listed on the Indonesia Stock Exchange and have reports related to ESG scores during the 2020-2023 period. Data analysis was carried out descriptively and inferentially. Inferential analysis uses a panel data regression approach, this analysis involves moderating variables into the regression model to test the interaction between independent and moderating variables whether they have a significant influence on the dependent variable.ESG as a moderator variable is used to moderate the independent variable against the dependent variable whether it strengthens or weakens. The results of the model selection test show that the common effect model (CEM) is the best model. The results of the study found that CR, ROA, and SG have a positive and significant effect on stock returns, while DER and ESG do not have a significant effect on stock returns. In addition, ESG does not act as a moderator variable in the relationship between CR, DER, ROA, and SG with stock returns.
FINANCIAL PERFORMANCE DETERMINANTS MODERATED BY COMPANY SIZE: THE CASE OF PALM OIL PLANTATION SUB-SECTOR IN INDONESIA Susilo, Inderijati; Kurniasih , Augustina
International Journal of Social and Management Studies Vol. 6 No. 5 (2025): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5555/ijosmas.v6i5.535

Abstract

This study aims to analyze the effects of Crude Palm Oil Price (CPOP), Corporate Social Responsibility(CSR), Leverage (DER), and Enterprise Risk Management Disclosure (ERMD) on corporate financialperformance (ROA), with Firm Size as a moderating variable. Employing a quantitative approach, the studyutilized data from a population of 28 palm oil plantation companies listed on the Indonesia Stock Exchange (IDX)in 2024. Using a purposive sampling technique, the research sample consisted of 15 companies that met thecriteria of publishing a sustainability report during the 2019-2023 period. The regression results indicate thatCPOP, CSR, and ERMD have no significant effect on ROA. However, DER was found to have a significantnegative effect on financial performance. Furthermore, the moderation analysis reveals that Firm Sizesignificantly and positively moderates the effect of DER on ROA. These findings suggest that while high debt cangenerally be a burden, larger firms possess the ability to manage leverage effectively, turning it into a driver offinancial performance.
Co-Authors Agustino, Deni Susilo, Inderijati