Balance: Journal of Islamic Accounting
Vol 5 No 1 (2024): Balance: Journal of Islamic Accounting

THE EFFECT OF INSTITUTIONAL OWNERSHIP, MANAGERIAL OWNERSHIP, PUBLIC OWNERSHIP ON ENVIRONMENTAL PERFORMANCE WITH PROFITABILITY AS A MODERATING VARIABLE

Novianti, Nur Ana Eka (Unknown)
Waharini, M.Si, Faqiatul Mariya (Unknown)



Article Info

Publish Date
29 Aug 2024

Abstract

Shareholders really think about the strategy that should be used to start investing their shares in a company. One of them is by tending to invest in companies that have high concern for the environment and good social insight towards society. This study aims to empirically examine the effect of institutional ownership, managerial ownership and public ownership on environmental performance. The moderating variable used is profitability. Environmental performance proxies use PROPER (company assessment in managing the environment). The sample used is a company listed on the Jakarta Islamic Index for 2018-2022. Sampling using purposive sampling technique. The number of samples in this study were 9 companies with a total of 45 observations. Test the hypothesis using multiple linear regression analysis. The results of the research show that institutional ownership has a negative effect on environmental performance. Meanwhile, managerial ownership and public ownership have no effect on environmental performance. Profitability is able to moderate the effect of managerial ownership and public ownership on environmental performance.

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Journal Info

Abbrev

jas

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal BALANCE merupakan media kajian artikel ilmiah hasil penelitian dan kajian analisis kritis dalam bidang akuntansi, baik secara nasional maupun internasional. Artikel ilmiah dapat berupa penelitian kualitatif maupun penelitian kuantitatif. Jurnal BALANCE menerima artikel ilmiah dengan area ...