Pengaruh Environmental, Social, Governance (ESG) Reporting Terhadap Kinerja Keuangan (Studi Kasus pada Sektor Manufaktur dan Jasa di BEI)

Adinda Aulia Agustina, Dwiyani Sudaryanti, Harun Alrasyid

Abstract


This study examines the effect of Environmental, Social, and Governance (ESG) reports on the financial performance of manufacturing and service sector companies listed on the Indonesia Stock Exchange (IDX) in the period 2020 to 2023. The purpose of this study is to identify whether ESG disclosures can affect the financial performance of companies in both sectors. This study uses a purposive sampling method with a total sample of 10 manufacturing companies and 11 service companies. The results show that in the manufacturing sector, ESG disclosure partially has no significant effect on financial performance, while in the service sector, environmental factors have a positive influence on financial performance and social and governance factors have no effect on financial performance. The comparison between the two sectors also shows that the effect of ESG disclosure is stronger inservice companies than manufacturing companies.

Keywords: Environmental, Social, Governance, Financial Performance 

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References


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