The Effect of Corporate Financial Performance and Corporate Environmental Performance on Corporate Sustainability Performance with the Board of Independence as a Moderating Variable
Abstract
The purpose of this study was to empirically examine the effect of Corporate Financial Performance (CFP) and Corporate Environmental Performance (CEP) on Corporate Sustainability Performance (CSP) with the Board of Independence (BOI) as a moderating variable. The research population consists of companies listed on the Indonesia Stock Exchange. Through purposive sampling, a sample of 23 companies was obtained from 2015 to 2015. 2021. The analysis technique used is Structural Equation Modeling-Partial Least Squares (SEM-PLS) using SmartPLS 4.0 software. The test results show that CFP has a positive effect on CSP. CEP has no effect on CSP. BOI is unable to moderate the effect of CFP on CSP. BOI can’t strengthen the relationship between CEP and CSP.
References
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Belkaoui, A., & Karpik, P. G. (1989). Determinants of the Corporate Decision to Disclose Social Information. Accounting, Auditing & Accountability Journal, 2(1). https://doi.org/10.1108/09513578910132240
El-Chaarani, H. (2014). The Impact of Corporate Governance on the Performance of Lebanese Banks. . The International Journal of Business and Finance Research, 8(5).
Fadhilah, R. (2018). Pengaruh Profitabilitas Terhadap Pengungkapan Sustainability Report dengan Kepemilikan Manajerial Sebagai Variabel Moderating (Studi Empiris Pada Perusahaan-Perusahaan Go Public di Bursa Efek Indonesia Tahun 2012-2016). Jurnal Ekobis Dewantara, 1(2). www.idx.co.id,
Fajardin, M. A. (2022, June 21). Indonesia Usung Tiga Isu Prioritas di Pertemuan G20 Yogyakarta. Https://News.Okezone.Com/.
Ghani, S. A. , & Rosdi, D. (2019). The Relationship between Environmental Performance and Corporate Governance towards Environmental Disclosure of Oil and Gas Companies Operating in Malaysia Upstream Projects. INTERNATIONAL JOURNAL OF ACADEMIC RESEARCH IN BUSINESS AND SOCIAL SCIENCES, 9(3).
Hackston, D., & Milne, M. J. (1996). Some Determinants of Social and Environmental Disclosures in New Zealand Companies. Accounting, Auditing & Accountability Journal, 9(1), 77–108. https://doi.org/10.1108/09513579610109987
Hartikasari, A. I., & Hariyanto, E. (2021). Pengaruh Karakteristik Perusahaan Terhadap Environmental Disclosure dalam Laporan Tahunan (Studi Pada Perusahaan Non Jasa yang Terdaftar Di Bursa Efek Indonesia). Media Ekonomi, 20(2), 1. https://doi.org/10.30595/medek.v20i2.11213
Katoppo, Y., & Nustini, Y. (2022). Pengaruh Profitabilitas, Komite Audit, Ukuran Perusahaan, dan Komisaris Independen terhadap Corporate Sustainability Performance. El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam, 3(4), 755–782. https://doi.org/10.47467/elmal.v3i4.1085
Liana, S. (2019). Pengaruh Profitabilitas, Leverage, Ukuran Perusahaan, dan Dewan Komisaris Independen Terhadap Pengungkapan Sustainability Report. Jurnal Ekonomi & Ekonomi Syariah, 2(2).
Mujiani, S., & Jayanti. (2021). Analisis Pengaruh Profitabilitas dan Good Corporate Governance Terhadap Sustanaibility Report Pada Perusahaan Peserta ISRA di Indonesia. Jurnal Ilmu Akuntansi, 19(1).
Ningsih, W. F., & Rachmawati, R. (2017). Implementasi Green Accounting dalam Meningkatkan Kinerja Perusahaan. JABE (Journal of Applied Business and Economic), 4(2), 149. https://doi.org/10.30998/jabe.v4i2.2142
Putra, D., & Utami, I. L. (2018). Pengaruh Environmental Performance Terhadap Environmental Disclosure dan Economic Performance (Studi Empiris pada Perusahaan Pertambangan yang Terdaftar Di BEI). Jurnal Akuntansi Maranatha, 9(1). https://doi.org/10.28932/jam.v9i1.487
Rakhiemah, A. N., & Agustia, D. (2011). Pengaruh Kinerja Lingkungan Terhadap Corporate Social Responsibility (CSR) Disclosure dan Kinerja Financial Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Universitas Airlangga.
Santioso, L., & Chandra, E. (2012). Pengaruh Profitabilitas, Ukuran Perusahaan, Leverage, Umur Perusahaan, dan Dewan Komisaris Independen dalam Pengungkapan Corporate Social Responsibility. JURNAL BISNIS DAN AKUNTANSI, 14(1), 17–30. https://doi.org/https://doi.org/10.34208/jba.v14i1.102
Sarra, H. D., & Alamsyah, S. (2020). Pengaruh Kinerja Lingkungan, Citra Perusahaan dan Media Exposure Terhadap Pengungkapan CSR. Prosiding Simposium Nasional Multidisiplin, 2. https://doi.org/http://dx.doi.org/10.31000/sinamu.v2i0.3577
Solomon, J. (2007). Corporate Governance and Accountability. John Wiley & Sons, Ltd.
Sudaryanto. (2011). Pengaruh Kinerja Lingkungan Terhadap Kinerja Finansial Perusahaan dengan Corporate Social Responsibility (CSR) Disclosure sebagai Variabel Intervening. Universitas Diponegoro.
Suhendah, R., & Imelda, E. (2012). Pengaruh Informasi Asimetri, Kinerja Masa Kini Dan Kinerja Masa Depan Terhadap Earnings Managementpada Perusahaan Manufaktur Yang Go Public Dari Tahun 2006-2008. Akuntansi, XVI(02), 262–279.
Suratno, B. I., Darsono, & Mutmainah, S. (2006). Pengaruh Environmental Performance dan Environmental Disclosure terhadap Economic Performance. Jurnal Riset Akuntansi Indonesia, 199–204.
Tertius, A. M., & Christiawan, Y. J. (2015). Pengaruh Good Corporate Governance terhadap Kinerja Perusahaan pada Sektor Keuangan. Akuntansi Bisnis Universitas Kristen Petr.
Wardani, D. K., & Haryani, S. (2019). Dampak Corporate Governance Terhadap Pengungkapan Lingkungan. Jurnal Riset Akuntansi Dan Keuangan, 14(2), 67. https://doi.org/10.21460/jrak.2018.142.325
Wiryani, D. A. S. S. P., Sukoharsono, E. G., & Mardiati, E. (2019). Profitability, Feminism of Board of Directors and Corporate Sustainability Performance. International Journal of Research in Business and Social Science (2147- 4478), 8(6), 351–356. https://doi.org/10.20525/ijrbs.v8i6.570
Published
2023-09-30
How to Cite
PUNGKY, Diana Reza.
The Effect of Corporate Financial Performance and Corporate Environmental Performance on Corporate Sustainability Performance with the Board of Independence as a Moderating Variable.
JOURNAL OF APPLIED BUSINESS ADMINISTRATION, [S.l.], v. 7, n. 2, p. 219 - 230, sep. 2023.
ISSN 2548-9909.
Available at: <http://704209.wb34atkl.asia/index.php/JABA/article/view/6313>. Date accessed: 28 nov. 2024.
doi: https://doi.org/10.30871/jaba.v7i2.6313.
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Articles
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