Academic Journal
The Impact of ESG Practices on Sustainable Companies Performance in Indonesia
| العنوان: | The Impact of ESG Practices on Sustainable Companies Performance in Indonesia |
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| المؤلفون: | Darsono, Susilo Nur Aji Cokro, Ma'la, Ainun |
| المصدر: | BALANCE: Economic, Business, Management and Accounting Journal; Vol. 21 No. 1 (2024): January; 65 - 75 ; BALANCE: Economic, Business, Management and Accounting Journal; Vol 21 No 1 (2024): Januari; 65 - 75 ; 2614-820X ; 1693-9352 ; 10.30651/blc.v20i1 |
| بيانات النشر: | UMSurabaya Publishing |
| سنة النشر: | 2024 |
| المجموعة: | Jurnal Online Universitas Muhammadiyah Surabaya |
| مصطلحات موضوعية: | ESG, company reputation, Indonesian companies, Sustainable Investment |
| الوصف: | ESG practices aim to minimize a company's risks by caring about environmental, social, and governance aspects. Implementing ESG practices certainly has benefits for companies, namely improving the company's reputation. This research aims to measure the ESG practices of Indonesian companies listed on the Indonesian Stock Exchange. The research analysis uses the panel regression method. Previous researchers faced limitations in studying companies implementing ESG, leading to a limited number of analyzed companies. Therefore, using data obtained from Tobin's Q can distinguish this study. Based on the data processing results, environmental and ROA variables significantly positively impact the company's performance or reputation. However, social and governance variables do not influence the company's reputation, possibly due to various factors causing companies to focus less on the performance of these two variables ; ESG practices aim to minimize a company's risks by caring about environmental, social, and governance aspects. Implementing ESG practices certainly has benefits for companies, namely improving the company's reputation. This research aims to measure the ESG practices of Indonesian companies listed on the Indonesian Stock Exchange. The research analysis uses the panel regression method. Previous researchers faced limitations in studying companies implementing ESG, leading to a limited number of analyzed companies. Therefore, using data obtained from Tobin's Q can distinguish this study. Based on the data processing results, environmental and ROA variables significantly positively impact the company's performance or reputation. However, social and governance variables do not influence the company's reputation, possibly due to various factors causing companies to focus less on the performance of these two variables |
| نوع الوثيقة: | article in journal/newspaper |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | https://journal.um-surabaya.ac.id/balance/article/view/20333/7369; https://journal.um-surabaya.ac.id/balance/article/view/20333 |
| DOI: | 10.30651/blc.v21i1.20333 |
| الاتاحة: | https://journal.um-surabaya.ac.id/balance/article/view/20333 https://doi.org/10.30651/blc.v21i1.20333 |
| Rights: | Hak Cipta (c) 2024 Susilo Nur Aji Cokro Darsono, Ainun Ma'la |
| رقم الانضمام: | edsbas.E0A17DD9 |
| قاعدة البيانات: | BASE |
| DOI: | 10.30651/blc.v21i1.20333 |
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