cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
NUJMATUL LAILY
Contact Email
nujmatul.laily.fe@um.ac.id
Phone
+6281235402440
Journal Mail Official
nujmatul.laily.fe@um.ac.id
Editorial Address
JL. SEMARANG NO. 5 MALANG
Location
Kota malang,
Jawa timur
INDONESIA
JABE (Journal of Accounting and Business Education)
Published by Universitas Negeri Malang
ISSN : 25287281     EISSN : 2528729X     DOI : 10.26675
Core Subject : Economy, Education,
Economics, Econometrics & Finance Education
JABE (JOURNAL OF ACCOUNTING AND BUSINESS EDUCATION), p-ISSN 2528-7281 and e-ISSN 2528-729X is a blind peer-reviewed and open access journal published twice a year (March and September). JABE aims to help researchers publish their work for wider audience and discover new connections. We Consider original research articles and review articles in any research areas of accounting and business education
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 1 Documents
 1 
Search results for , issue "Volume 10, Issue 4, June 2026" : 1 Documents clear
ESG Disclosure and Financial Performance: Does Financial Slack Matter? A DuPont Analysis Approach Ramadhani, Varra Nur; Laily, Nujmatul; Firmansyah, Rizky; Larasati, Ika Putri
JABE (JOURNAL OF ACCOUNTING AND BUSINESS EDUCATION) Volume 10, Issue 4, June 2026
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/jabe.v10i4.65341

Abstract

This study aims to analyze the effect of ESG Disclosure on financial performance, with Financial Slack serving as a moderating variable. The study employs an explanatory quantitative approach using 240 firm-year observations from 60 non-financial companies listed in the IDX ESG Leaders index in Indonesia over the period 2021–2024. Data analysis is conducted using panel data regression with a Moderated Regression Analysis (MRA) approach, processed through EViews software. The results indicate that ESG Disclosure does not have a significant effect on corporate financial performance, either when measured by Return on Equity (ROE) or by individual components of the DuPont analysis, namely Net Profit Margin (NPM), Total Asset Turnover (TAT), and Equity Multiplier (EM). Furthermore, Financial Slack is found to strengthen the positive effect of ESG Disclosure on Net Profit Margin (NPM). Overall, these findings reinforce the Resource-Based View (RBV) perspective, which posits that ESG Disclosure as an intangible resource requires the support of adequate Financial Slack as a tangible resource to create complementary capabilities and achieve sustainable competitive advantage. The findings provide practical insights for management to improve the quality of ESG disclosure and maintain sufficient levels of Financial Slack so that sustainability investments can generate long-term financial value. In addition, the results suggest that sustainability commitment supported by financial flexibility serves as an important signal for investors and regulators in assessing corporate performance and competitiveness.

Page 1 of 1 | Total Record : 1

 1 

Filter by Year

2026 2026


Reset
Filter By Issues
All Issue Volume 10, Issue 4, June 2026 Volume 10, Issue 3, March 2026 Volume 9, Issue 4, June 2025 Volume 9, Issue 3, March 2025 Volume 9, Issue 2, December 2024 Volume 9, Issue 1, September 2024 Volume 8, Issue 4, June 2024 Volume 8, Issue 3, March 2024 Volume 8, Issue 2, December 2023 Volume 8, Issue 1, September 2023 Volume 7, Issue 2, March 2023 Volume 7, Issue 1, September 2022 Volume 6, Issue 2, March 2022 Volume 6, Issue 1, September 2021 Volume 5, Issue 2, March 2021 Volume 5, Issue 1, September 2020 Volume 4, Issue 2, March 2020 Volume 4, Issue 1, September 2019 Volume 3, Issue 2, March 2019 2018: JABE: VOL. 3, ISSUE 1, SEPTEMBER 2018 2018: JABE: VOL. 2, ISSUE 2, MARCH 2018 2017: JABE: VOL. 2, ISSUE 1, SEPTEMBER 2017 2017: JABE: VOL. 1, ISSUE 2, MARCH 2017 2016: JABE: VOL. 1, ISSUE 1, SEPTEMBER 2016 2015: Jurnal Pendidikan Akuntansi (JPA): Vol. 2, No. 4, September 2015 2015: Jurnal Pendidikan Akuntansi (JPA): Vol. 2, No. 3, Maret 2015 2014: Jurnal Pendidikan Akuntansi (JPA): Vol. 2, No. 2, September 2014 2014: Jurnal Pendidikan Akuntansi (JPA): Vol. 2, No. 1, Maret 2014 2013: Jurnal Pendidikan Akuntansi (JPA): Vol. 1, No. 4, September 2013 2013: Jurnal Pendidikan Akuntansi (JPA): Vol. 1, No. 3, Maret 2013 2012: Jurnal Pendidikan Akuntansi (JPA): Vol. 1, No. 2, September 2012 2012: Jurnal Pendidikan Akuntansi (JPA): Vol. 1, No. 1, Maret 2012 More Issue