The Determinants of Environmental Performance: A Study on Indonesia Listed Firms
Abstract
This study aims to analyse and examine the determinants of environmental performance in companies. The results of this study are expected to increase the company's concern for environmental sustainability. The population in this study were all companies listed on the Indonesia Stock Exchange in the 2017-2020 period. The samples in this study were 11 companies listed on the Indonesia Stock Exchange for the 2017-2020 period. This research was conducted with a quantitative approach. The results show that financial performance, corporate governance, and market capitalisation positively and significantly affect environmental performance.
Keywords
Full Text:
PDFReferences
Adnyani, N. P. S., Endiana, I. D. M., & Arizona, P. E. (2017). Pengaruh Penerapan Good Corporate Governance dan Corporate Social Responsibility Terhadap Kinerja Perusahaan. Journal of Chemical Information and Modeling, 110(9), 1689–1699.
Al-Afeef, M. A. M. (2020). Factors affecting market capitalization: A practical study ase 1978-2019. International Journal of Scientific and Technology Research, 9(3), 7049–7053.
Altman, E. I., & Hotchkiss, E. (1995). Corporate financial distress and bankruptcy: Predict and Avoid Bankruptcy, Analiyze and Invest in Distressed Debt. In Foundations and Trends in Finance (Vol. 5, Issue 4). John Wiley & Sons. https://doi.org/10.1561/0500000009
Azis, S. N., & Habbe, A. H. (2019). Pengungkapan Modal Intelektual dan Keuangan Dalam Kapitalisasi Pasar dengan Siklus Hidup Industri Sebagai Pemoderasi. Jurnal Akuntansi Dan Keuangan Indonesia, 16(1), 61–82.
Basuki, A. T., & Prawoto, N. (2017). Analisis Regresi Dalam Penelitian Ekonomi & Bisnis : Dilengkapi Aplikasi SPSS & EVIEWS. PT Rajagrafindo Persada.
Darmawati, D., Khomsiyah, K., & Rahayu, R. G. (2005). Hubungan Corporate Governance dan Kinerja Perusahaan. The Indonesian Journal of Accounting Research (IJAR), 8(1).
Deegan, C. (2002). Introduction: The legitimising effect of social and environmental disclosures – a theoretical foundation. Accounting, Auditing & Accountability Journal, 15(3), 282–311. https://doi.org/10.1108/09513570210435852
Diana, P. (2015). Implementasi Tata Kelola Perusahaan Terhadap Nilai Perusahaan: Studi Empiris pada Perusahaan di Indonesia. Jurnal ULTIMA Accounting, 7(2), 1–17. https://doi.org/10.31937/akuntansi.v7i2.177
Dody Hapsoro, R. I. A. (2020). Apakah Pengungkapan Informasi Lingkungan Memoderasi Pengaruh Kinerja Lingkungan dan Biaya Lingkungan terhadap Nial. Jurnal Riset Akuntansi Dan Keuangan. https://doi.org/10.17509/jrak.v8i1.19739
Fakhrudin, H. M. (2008). Istilah pasar modal A-Z. PT. Elex Media Komputindo.
Gray, R., Owen, D., & Adams, C. (1996). Accounting and Accountability: Changes and Challenges in Corporate Social and Environmental Reporting. Prentice-Hall.
Hadi, N. (2009). Social Responsibility : Kajian Theoretical Framework, dan Perannya dalam Riset di Bidang Akuntansi. Jurnal Ekonomi Dan Bisnis, 4(8), 88–109.
Hawash, R., & Stephen, S. K. (2019). Where Are All the Female Finance Majors? An Examination of Gender and Performance in Undergraduate Corporate Finance. Journal of Higher Education Theory and Practice, 19(8), 86–95. https://doi.org/10.33423/jhetp.v19i8.2674
Undang-Undang No.40 Tahun 2007, (2007).
Indraswari, I. G. A. L., & Mimba, N. P. S. H. (2017). Pengaruh Profitabilitas, Pertumbuhan Perusahaan, Kapitalisasi Pasar Dan Kepemilikan Saham Publik Pada Tingkat Pengungkapan CSR. E-Jurnal Akuntansi, 20, 1219–1248. https://doi.org/10.24843/EJA.2017.v20.i02.p13
Penjelasan POJK Nomor 51/POJK.03/2017, ojk.go.id (2017). https://www.researchgate.net/publication/309289477%0Ahttps://www.ecpat.org/wp-content/uploads/2016/10/Voluntourism-and-child-trafficking-into-orphanages.pdf%0Ahttp://www.soscvzambia.org.zm%0Aunesdoc.unesco.org/images/0021/002157/215738E.pdf%0Ahttps://thec
Kinansih, L. P., & Asrori. (2020). Determinant Environmental Disclosure With Environmental Performance as an Intervening Variable. Gorontalo Accounting Journal. P-ISSN :2614-2774, E-ISSN :2614-2066, 3(1), 55–67.
Koeswandini, I. T., & Kusumadewi, K. A. (2019). PENGUNGKAPAN EMISI KARBON ( Studi Empiris pada Perusahaan Non Keuangan yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2017 ). 8, 1–10.
Kusuma, A. W., & Priantinah, D. (2018). Pengaruh Pengungkapan Sustainability Report dan Ukuran Perusahaan terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Pemoderasi pada Perusahaan yang Bergabung di ISSI dan Konvensional Periode 2014-2016. Nominal, Barometer Riset Akuntansi Dan Manajemen, VII(2).
Lankoski, L. (2000). Determinants of Environmental Profit : An analysis of the firm-level relationship between environmental performance and economic performance. In Department of Industrial Engineering and Management Institute of Strategy and International Business.
Liao, Z., & Zhang, M. (2020). The influence of responsible leadership on environmental innovation and environmental performance: The moderating role of managerial discretion. Corporate Social Responsibility and Environmental Management, March, 1–12. https://doi.org/10.1002/csr.1942
Luo, L., Tang, Q., & Lan, Y.-C. (2013). Comparison of propensity for carbon disclosure between developing and developed countries : A resource constraint perspective. Account Research Journal, 26.
Manurung, A. H., & Rizky, L. T. (2009). Successful Financial Planner : A Complete Guide. Grasindo.
Nguyen, T. H. H., Elmagrhi, M. H., Ntim, C. G., & Wu, Y. (2021). Environmental Performance, Sustainability, Governance and Financial performance: Evidence from Heavily Polluting Industries in China. Business Strategy and the Environment, July 2020, 1–19. https://doi.org/10.1002/bse.2748
Rahayu, I., & Rahayu, D. F. (2013). Determinan Pengungkapan Tanggungjawab Sosial Di Negara Berkembang : Studi Empiris Perusahaan Manufaktur Di Indonesia. Jurnal Ekonomi Dan Bisnis Islam, 8(1), 83–92.
Rahmawati, E. J. (2018). Determinasi kinerja lingkungan. Konferensi Riset Nasional Ekonomi, Manajemen, Akuntansi, 1621–1638.
Reverte, C. (2009). Determinants of corporate social responsibility disclosure ratings by Spanish listed firms. Journal of Business Ethics, 88(2), 351–366. https://doi.org/10.1007/s10551-008-9968-9
Robert, A. (2015). Buku Pintar Pasar Modal Indonesia. Media Staff Indonesia.
Solomon, J. (2020). Corporate Governance and Accountability. John Wiley & Sons.
Spence, M. (1973). JOB MARKET SIGNALING. In Quarterly Journal of Economics (Vol. 87). ACADEMIC PRESS, INC. https://doi.org/10.1016/b978-0-12-214850-7.50025-5
Stuebs, J. M., & Sun, L. (2014). Corporate Governance and Environmental Activity. Advances in Environmental Accounting & Management, 5, 81–113.
Sudarno, F. A. (2015). Analisis Pengaruh Good Corporate Governance Terhadap Pelaporan Lingkungan (Environmental Reporting). Analisis Pengaruh Good Corporate Governance Terhadap Pelaporan Lingkungan (Environmental Reporting), 4(2), 457–465.
Suharyati, T. L., & Rahmawati, I. P. (2015). Analisis Pengaruh Corporate Governance terhadap Kinerja Lingkungan (Studi Empiris pada Perusahaan yang Terdaftar di BEI dan Berperingkat Proper Tahun 2011-2013). 15(1), 45–55.
Tandelilin, E. (2010). Portofolio dan Investasi: Teori dan Aplikasi - Eduardus Tandelilin - Google Buku.
Tanjung, R. B. (2020). Pengaruh kinerja keuangan, ukuran perusahaan, kepemilikan saham terhadap kinerja lingkungan. Jurnal Ilmu Dan Riset Akuntansi, 9.
Untung, B. (2014). CSR dalam Dunia Bisnis (1st ed.). CV Andi Offset.
Yunus Tulak Tandirerung, Eko Adi Widyanto, R. M. R. (2019). Pengaruh Kinerja Lingkungan dan Kinerja Keuangan Terhadap Corporate Social Responsibility Pada Perusahaan Manufaktur di BEI. Jurnal Eksis, 15(1), 68–81.
DOI: https://doi.org/10.24198/jaab.v4i2.34944
Refbacks
- There are currently no refbacks.
Copyright (c) 2021 Journal of Accounting Auditing and Business
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Journal of Accounting Auditing and Business (JAAB) Indexed in:
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.