The Effect of Enviromental, Social, Governance (ESG) Disclosure on Company’s Profitability & Value in The Sri-Kehati Index 2015-2020
Abstract
Keywords
References
Alareeni, B. A., & Hamdan, A. (2020). ESG impact on performance of US S&P 500-listed firms. Corporate Governance: The International Journal of Business in Society, 20(7), 1409–1428. https://doi.org/10.1108/CG-06-2020-0258
Almeyda, R., & Darmansyah, A. (2019). The Influence of Environmental, Social, and Governance (ESG) Disclosure on Firm Financial Performance. In IPTEK Journal of Proceedings Series (Vol. 0, Issue 5).
Atan, R., Alam, M. M., Said, J., & Zamri, M. (2018). The impacts of environmental, social, and governance factors on firm performance: Panel study of Malaysian companies. Management of Environmental Quality: An International Journal, 29(2), 182–194. https://doi.org/10.1108/MEQ-03-2017-0033
Bodhanwala, S., & Bodhanwala, R. (2018). Does corporate sustainability impact firm profitability? Evidence from India. Management Decision, 56(8), 1734–1747. https://doi.org/10.1108/MD-04-2017-0381
Brainard, W. C., & Tobin, J. (1968). Pitfalls in Financial Model-Building.
Brealey, R. A., Myers, S. C., & Allen, F. (2020). Principles of Corporate Finance (13th ed.).
Buallay, A. (2019). Is sustainability reporting (ESG) associated with performance? Evidence from the European banking sector. Management of Environmental Quality: An International Journal, 30(1), 98–115. https://doi.org/10.1108/MEQ-12-2017-0149
Buniamin, S., Nazli, N., & Ahmad, N. (2015). An integrative perspective of environmental, social and governance (ESG) reporting: A conceptual paper.
Cakranegara, P. A., & Sidjabat, F. M. (2021). Green Investment: Incorporate Environment, Social, And Government Factors In Investment Decision. Eksis: Jurnal Riset Ekonomi Dan Bisnis, 16(1), 17–28.
Clark, G. L., Feiner, A., & Viehs, M. (2015). From the Stockholder to the Stakeholder: How Sustainability Can Drive Financial Outperformance. SSRN Electronic Journal. https://doi.org/10.2139/SSRN.2508281
Dorfleitner, G., Utz, S., & Wimmer, M. (2013). Where and When Does it Pay to Be Good? A Global Long-Term Analysis of ESG Investing. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2311281
Ghozali, I., & Ratmono, D. (2020). Analisis Multivariat dan Ekonometrika (2nd ed.). Badan Penerbit Universitas Diponegoro.
Han, J.-J., Kim, H. J., & Yu, J. (2016). Empirical study on relationship between corporate social responsibility and financial performance in Korea. Asian Journal of Sustainability and Social Responsibility 2016 1:1, 1(1), 61–76. https://doi.org/10.1186/S41180-016-0002-3
Harmono. (2009). Harmono. 2009. Manajemen Keuangan Berbasis Balanced Scorecard (Pendekatan Teori, Kasus, dan Riset Bisnis). Bumi Aksara, Jakarta. Bumi Aksara.
Husada, E. V., & Handayani, S. (2021). PENGARUH PENGUNGKAPAN ESG TERHADAP KINERJA KEUANGAN PERUSAHAAN (STUDI EMPIRIS PADA PERUSAHAAN SEKTOR KEUANGAN YANG TERDAFTAR DI BEI PERIODE 2017-2019). Jurnal Bina Akuntansi, 8(2), 122–144. https://doi.org/10.52859/JBA.V8I2.173
Johan, S. (2021). Determinants of Corporate Social Responsibility Provision. The Journal of Asian Finance, Economics and Business, 8(1), 891–899. https://doi.org/10.13106/JAFEB.2021.VOL8.NO1.891
Kehati Foundation. (2020). Index SRI-KEHATI.
Lang, L. H. P., Stulz, R. M., & Walkling, R. A. (1989). Managerial performance, Tobin’s Q, and the gains from successful tender offers. Journal of Financial Economics, 24(1), 137–154. https://doi.org/10.1016/0304-405X(89)90075-5
Lee, J.-H. Y.-S. S.-S. (2018). Corporate Social Responsibility and Financial Performance in Korean Retail Firms. Journal of Distribution Science, 16(5), 31–43. https://doi.org/10.15722/JDS.16.5.201805.31
Li, Y., Gong, M., Zhang, X. Y., & Koh, L. (2018). The impact of environmental, social, and governance disclosure on firm value: The role of CEO power. British Accounting Review, 50(1), 60–75. https://doi.org/10.1016/j.bar.2017.09.007
López-Toro, A. A., Sánchez-Teba, E. M., Benítez-Márquez, M. D., & Rodríguez-Fernández, M. (2021). Influence of ESGC Indicators on Financial Performance of Listed Pharmaceutical Companies. International Journal of Environmental Research and Public Health 2021, Vol. 18, Page 4556, 18(9), 4556. https://doi.org/10.3390/IJERPH18094556
M, A., & Balasubramanian, D. P. (2019). A Study On Relationship Between Corporate Financial Performance and Environmental, Social & Governance Score (ESG Score). In D. R. Nayak & D. S. Shelley (Eds.), Fostering Economic Transformation through Inclusive Business: Innovate and Inspire (pp. 264–278). Centre for Advanced Research in Financial Inclusion, School of Management, Manipal Academy of Higher Education.
Melinda, A., & Wardhani, R. (2020). The Effect of Environmental, Social, Governance, and Controversies on Firms’ Value: Evidence from Asia. 147–173. https://doi.org/10.1108/S1571-038620200000027011
Moran, M. (2021). COVID-19 Made Sustainable Investments Go Viral.
Penman, S. H. (2013). Financial Statement Analysis and Security Valuation (5th ed.). McGraw-Hill Education.
Safriani, M. N., & Utomo, D. C. (2020). PENGARUH ENVIRONMENTAL, SOCIAL, GOVERNANCE (ESG) DISCLOSURE TERHADAP KINERJA PERUSAHAAN | Safriani | Diponegoro Journal of Accounting. Diponegoro Journal of Accounting, 9(3), 1–11.
Sekaran, U., & Bougie, R. (2016). Research Methods For Business: A Skill Building Approach (7th ed.). Wiley.
Shakil, M. H., Mahmood, N., Tasnia, M., & Munim, Z. H. (2019). Do environmental, social and governance performance affect the financial performance of banks? A cross-country study of emerging market banks. Management of Environmental Quality: An International Journal, 30(6), 1331–1344. https://doi.org/10.1108/MEQ-08-2018-0155/FULL/HTML
Singgih, S. (2014). Statistik Multivariat . PT Elex Media Komputindo.
Thomson Reuters. (2017). Thomson Reuters ESG Scores.
Titman, S., Keown. Arthur J., & Martin, J. D. (2014). Financial Management: Principles and Applications (12th ed.). Pearson.
Triyani, A., Setyahuni, S. W., & Kiryanto, K. (2020). The Effect Of Environmental, Social and Governance (ESG) Disclosure on Firm Performance: The Role of Ceo Tenure. Jurnal Reviu Akuntansi Dan Keuangan, 10(2), 261. https://doi.org/10.22219/jrak.v10i2.11820
Velte, P. (2017). Does ESG performance have an impact on financial performance? Evidence from Germany. Journal of Global Responsibility, 8(2), 169–178. https://doi.org/10.1108/jgr-11-2016-0029
Weber, O. (2014). Environmental, social and governance reporting in China. Business Strategy and the Environment, 23(5), 303–317. https://doi.org/10.1002/bse.1785
Wijaya, R. (2019). Analisis Perkembangan Return On Assets (ROA) dan Return On Equity (ROE) untuk Mengukur Kinerja Keuangan. Jurnal Ilmu Manajemen, 9(1), 40–51. https://doi.org/10.32502/JIMN.V9I1.2115
Wong K. T. K. (2017). A Literature Review on Environmental, Social and Governance Reporting and It’s Impact on Financial Performance. Austin J Bus Adm Manage.
Refbacks
- There are currently no refbacks.
Indexed by :
Editorial Office :
Journal of Entrepreneurship, Management and Industry (JEMI)
Jl. HR Rasuna Said Kav. C-22, Rasuna Epicentrum, Kuningan. Jakarta Selatan 12920. email : [email protected]
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.