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

Authors

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

DOI:

https://doi.org/10.29040/jie.v8i2.12882

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.

References

Ach.Yasin, & Fisabilillah, L. W. P. (2020). Analisis Komparasi Kinerja Keuangan Bank Perkreditan Rakyat (Bpr) Sebelum Dan Pada Pandemi Covid-19. Jurusan Ilmu Ekonomi, Fakultas Ekonomi Dan Bisnis, Universitas Negeri Surabaya, 142–152.

Ahmadin, A., Pinem, D., Bahtiar, D., Hanika, I. M., Sofyan, H., & Jejen, A. (2023). Faktor-Faktor Yang Mempengaruhi Keputusan Investasi ESG (Environmental, Social, And Governance). Innovative: Journal Of Social Science Research, 3(6), 9450-9463.

Akbar, M., Hidayat, M., Kurniawan, K., Triyantoro, A., & Judijanto, L. (2023). Praktik Bisnis Berkelanjutan: Mengevaluasi Kinerja Keuangan Perusahaan dengan Pertimbangan Environmental, Social, and Governance (ESG). Jurnal Cahaya Mandalika ISSN 2721-4796 (online), 3(2), 1963-1969.

Barraq, Z. M., & Harsugodo. (2021). Pengaruh Kinerja Environmental, Social, Dan Governance Terhadap Kinerja Keuangan Dengan Kekuatan Ceo Sebagai Variabel Moderas. Journal of Management ISSN (Online): 2337-3792, 10(3), 1–15.

Dian Pramitya Khairunnisa, & -, E. W. (2023). Pengaruh Kinerja Esg Terhadap Kinerja Keuangan Perusahaan. Jurnal Riset Akuntansi Aksioma, 22(2), 16–27. https://doi.org/10.29303/aksioma.v22i2.218.

Irawan, H., Dianita, I., & Salsabila Mulya, A. D. (2021). Peran Bank Syariah Indonesia Dalam Pembangunan Ekonomi Nasional. Jurnal Asy-Syarikah: Jurnal Lembaga Keuangan, Ekonomi Dan Bisnis Islam, 3(2), 147–158. https://doi.org/10.47435/asy-syarikah.v3i2.686.

Minggu, A. M., Aboladaka, J., & Neonufa, G. F. (2023). Environmental, Social dan Governance (ESG) dan Kinerja Keuangan Perusahaan Publik di Indonesia. Owner, 7(2), 1186–1195. https://doi.org/10.33395/owner.v7i2.1371.

Nugroho, N. A., & Hersugondo Hersugondo. (2022). Analisis Pengaruh Environment, Social, Governance (ESG) Disclosure Terhadap Kinerja Keuangan Perusahaan. E-Bisnis : Jurnal Ilmiah Ekonomi Dan Bisnis, 15(2), 233–243. https://doi.org/10.51903/e-bisnis.v15i2.810.

Priandhana, F. (2022). Pengaruh Risiko Environment Social and Governance Terhadap Kinerja Keuangan Perusahaan (Studi Pada Perusahaan Didalam Indeks IDXESGL). Business Economic, Communication, and Social Sciences (BECOSS) Journal, 4(1), 59–63. https://doi.org/10.21512/becossjournal.v4i1.7797.

Purba, E., Purba, B., Syafii, A., Khairad, F., Damanik, D., Siagian, V., Ginting, A. M., Pandapotan, S. H., Fitrianna, N., SN, A., & Ernanda, R. (2021). Metode Penelitian Ekonomi (Issue June).

Pusparini, M. D., Protection, S. E., Sukuk, G., & Lingkungan, R. (2022). Pengaruh Literasi Keuangan Dan Supporting Environmental Protection Pada Generasi Z Terhadap Minat Investasi Green Sukuk Untuk Mewujudkan Indonesia Ramah Lingkungan. At-Thullab Jurnal, 4(2), 1142–1159. https://doi.org/10.1108/M.

Qodary, H. F., & Tambun, S. (2021). Pengaruh Environmental, Social, Governance (ESG) dan Retention Ratio Terhadap Return Saham Dengan Nilai Perusahaan Sebagai Variabel Moderating. Juremi: Jurnal Riset Ekonomi, 1(2), 159-172.

Safriani, M. N., & Utomo, D. C. (2020). Pengaruh Environmental, Social, Governance (ESG) Disclosure terhadap Kinerja Perusahaan. Diponegoro Journal of Accounting, 9(3), 1–11. http://ejournal-s1.undip.ac.id/index.php/accounting.

Sugiyono, S. (2016). Metode Penelitian Kuantitatif, Kualitatif dan R&D.

Syafrullah, S., & Muharam, H. (2017). Analisis Pengaruh Kinerja Environmental, Social, Dan Governance (Esg) Terhadap Abnormal Return (Studi pada Perusahaan Indonesia dan Malaysia yang mengungkapkan ESGscoredan terdaftar pada Bursa Efek Indonesia dan Bursa Malaysia Tahun 2010-2015). Diponegoro Journal Ofmanagement, 6(2), 1–14.

Wahdan Arum Inawati, & Rahmawati, R. (2023). Dampak Environmental, Social, Dan Governance (ESG) Terhadap Kinerja Keuangan. Jurnal Akademi Akuntansi, 6(2), 225–241. https://doi.org/10.22219/jaa.v6i2.26674.

Downloads

Published

2024-04-01

How to Cite

Dharmawati, T., Gultom, J., Indrianti, M. A., Gobel, Y. A., & Suhairin, S. (2024). PENGARUH ESG (ENVIRONMENTAL, SOCIAL, AND GOVERNANCE) DAN KEPUTUSAN KEUANGAN TERHADAP KINERJA KEUANGAN PERUSAHAAN. JURNAL ILMIAH EDUNOMIKA, 8(2). https://doi.org/10.29040/jie.v8i2.12882

Issue

Vol. 8 No. 2 (2024): EDUNOMIKA

Section

Articles

Citation Check

Most read articles by the same author(s)