Jurnal Ilmiah Ecobuss
Vol 13 No 1 (2025): Jurnal Ilmiah Ecobuss, Volume 13, No 1, Maret 2025

Determinan Sensitivitas Lingkungan: Peran ESG dan Sumber Daya Keuangan Perusahaan Agroindustri Indonesia

Aprillianto, Bayu (Unknown)
Adhani, Brillian Farel (Unknown)
Maulidy, Rafly Syah (Unknown)



Article Info

Publish Date
30 Mar 2025

Abstract

The increasing pressure on agro-industrial companies to contribute to climate change mitigation and environmental pollution, particularly in Indonesia, is linked to issues of deforestation. This study aims to empirically examine the effect of Environmental, Social, and Governance (ESG) performance, company size, capital structure, and profitability on environmental sensitivity in agro-industrial companies listed on the Indonesia Stock Exchange during the period of 2019–2021. The research method employed is multiple linear regression with a quantitative approach. The results of the study indicate that, simultaneously, all four independent variables significantly affect environmental sensitivity. In particular, ESG performance and company size have a positive and significant effect on environmental sensitivity, while capital structure and profitability do not show a significant influence. These findings highlight the importance of strengthening sustainability commitments and business scale to enhance corporate environmental responsibility. This research is expected to serve as a reference for regulators and stakeholders in designing more effective environmental management policies and strategies in the agro-industrial sector. Keywords: Capital Structure, Environmental Sensitivity, ESG, Firm Size, Profitability

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Journal Info

Abbrev

ecobuss

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ecobus adalah hasil penelitian dan hasil pemikiran dari Civitas Fakultas Ekonomi dan pihak luar yang berminat pada perkembangan ilmu ekonomi serta terbit secara berkala setiap bulan maret dan bulan september pada tahun 2015 dan akan terbit secara berkala setiap dua kali dalam satu ...