Jurnal Ilmiah Edunomika (JIE)
Vol 8, No 2 (2024): EDUNOMIKA

PENGARUH ESG (ENVIRONMENTAL, SOCIAL, AND GOVERNANCE) DAN KEPUTUSAN KEUANGAN TERHADAP KINERJA KEUANGAN PERUSAHAAN

Tuti Dharmawati (Universitas Halu Oleo)
Juni Gultom (Universitas Islam Sultan Agung)
Merita Ayu Indrianti (Universitas Muhammadiyah Gorontalo)
Yusriyah Atikah Gobel (Universitas Muhammadiyah Gorontalo)
Suhairin Suhairin (Universitas Muhammadiyah Mataram)



Article Info

Publish Date
01 Apr 2024

Abstract

In an era of rapid global change, modern companies face increasing economic, social and environmental pressures. The concept of Environmental, Social and Governance Integration (ESG) is crucial in managing a company, covering three critical dimensions: Environmental, Social and Governance. This research highlights the impact of ESG on financial decisions and corporate performance. Through multiple linear regression analysis on panel data of manufacturing companies on the Indonesia Stock Exchange for 2020-2022, the results show that ESG has a significant contribution with an R Square value of 0.798. Increasing ESG scores is positively related to financial performance, and corporate decisions also have a significant positive influence. These findings provide valuable guidance for companies in understanding and optimizing ESG factors to enhance long-term resilience and growth. While these findings are relevant, future research could broaden the scope to other industry sectors and involve more in-depth analysis of the mechanisms underlying the relationship of ESG, corporate decisions, and financial performance.

Copyrights © 2024






Journal Info

Abbrev

jie

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education

Description

Jurnal Ilmiah EDUNOMIKA dengan ISSN 2598-1153, diterbitkan 2 (dua) kali setahun (Pebruari dan Agustus) oleh LPPM STIE AAS Surakarta bekerjasama dengan Pusat Kajian Pendidikan dan Ekonomi (PUSKAPE), Yayasan Keluarga Muslim Al Azarul Ulum Sukoharjo. Terbit pertama pada bulan Pebruari 2017. Redaksi ...