Pengaruh Pengungkapan Sustainability Reporting dan Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan Manufaktur Yang Terdapat di BEI Periode 2018-2022
Abstract
The purpose of this study is to ascertain the impact of company size, as determined by the natural logarithm of total assets, and the disclosures made in sustainability reports, which include economic, environmental, and social performance disclosures, on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the years 2018 through 2022. The return on assets profitability ratio is used in this study to assess the company's financial success, which is the dependent variable. The secondary data utilized in this study was taken from the 2018–2022 financial and sustainability reports of manufacturing businesses listed on the Indonesia Stock Exchange. Purposive sampling, with a final sample size of 63 samples for the 2018–2022 period, was the sampling strategy employed in this study. The Statistical Program for Social Science (SPSS) is used in conjunction with quantitative techniques and multiple linear regression models to test hypotheses using the t, F, and coefficient of determination tests. The research findings suggest that a company's financial performance is negatively impacted by its economic performance disclosure, implying that a higher level of economic performance disclosure may result in a lower level of financial performance. There is no correlation between the financial performance of the corporation and the disclosure of its environmental and social performance. However, the financial success of a corporation is positively correlated with its size; that is, the greater the organization's asset base, the better its financial performance. Conversely, the findings of the F test indicate that the financial performance of a firm is positively impacted by the simultaneous disclosure of economic, environmental, and social performance in sustainability reports, as well as company size. The economic performance, environmental performance, social performance, and firm size factors all have an impact on 21.8% of the financial performance variables of the company, according to the findings of the coefficient of determination test. Meanwhile, factors outside the scope of this study affect the remainder
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