scholarly journals PENGARUH SUSTAINABILITY REPORT TERHADAP KINERJA KEUANGAN PERUSAHAAN

2021 ◽  
Vol 5 (2) ◽  
pp. 34-44
Author(s):  
Nanik Lestari ◽  
Surya Irma
Keyword(s):  
Financial Performance ◽  
Control Variable ◽  
Sustainability Reporting ◽  
Social Dimension ◽  
Economic Dimension ◽  
Section Data ◽  
Environmental Dimension ◽  
Variable Influence ◽  
The Impact ◽  
Sustainability Report

This study aims to examine the impact of disclosure of sustainability economic (EC), social dimension (SO) and environmental dimension (EN) on issuer's financial performance in 2012-2015 period in mineral and mineral mining sector, energy, gas and petroleum, and infrastructure, and companies that won the SRA (Sustainability report Award) competition in 2015, each winning 1, 2, 3. The research method used in this research is quantitative approach, using cross section data. and it have 40 sample of firm. The independent variables in this study are sustainability reports as measured by economic dimensions (EC), Social (SO), and Environment (EN). The dependent variable in this study is the company's financial performance which can be measured by liquidity ratio, solvability, activity, profitability and investment. Regression used in this research is multiple regression. The result of the research shows that there is influence of sustainability report of economic dimension (EC) with company financial performance. The sustainability report of social dimension and environmental dimension has no effect on company's financial performance. The results of this study are expected to provide benefits to companies, investors, and other stakeholders in the various functions of sustainability reporting mechanisms. The author uses only one control variable are firm size, if adding another control variable, there may be an independent variable influence on the dependent.

scholarly journals The Effect of Sustainibility Reporting Disclosure and Its Impact on Companies Financial Performance

2019 ◽  
Vol 7 (1) ◽  
pp. 67
Author(s):  
Enny Hardi ◽  
Chairina Chairina
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Social Performance ◽  
Sustainability Reporting ◽  
Social Dimension ◽  
Global Reporting Initiative ◽  
Organization Performance ◽  
Company Performance ◽  
Return On Assets ◽  
Economic Dimension

<p>The purpose of this research was to examine empirically the effect of sustainability reporting disclosure on company performance. Sustainability reporting is a report that measures, discloses and shows the responsibility of the company to internal and external parties as an accountability form of organization performance in order to gain continuous development purpose. Sustainability reporting becomes trend and need for companies to disclose economic, environmental, and social performance to stakeholders. Samples used as many as 40 observations were derived from companies that consistently become ISRA (Indonesia Sustainability Reporting Award) nomination and listed in Indonesia Stock Exchange (BEI) during 2016-2017. Sustainability reporting measured by GRI (Global Reporting Initiative) continuous reporting guideline-G4 with 91 indicator items and financial performance measured by Return on Assets (ROA). The analysis method used was Multiple Linear Regression. The results of the research show that Economic Dimension Disclosure (EC) in sustainability reporting has effect on financial performance. Whereas, Environmental Dimension (EN) and Social Dimension (SO) have no effects. The condition indicates that sustainability reporting in short term has not been able to affect companies financial performance.</p>

Rising standards of sustainability reporting in India

2018 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Puneeta Goel
Keyword(s):  
Social Responsibility ◽  
Financial Performance ◽  
Sustainability Reporting ◽  
Successful Implementation ◽  
Content Type ◽  
Reporting Practices ◽  
Significant Difference ◽  
Reform Period ◽  
The Impact ◽  
Sustainability Report

Purpose The increasing awareness among the stakeholders demands the companies to be more transparent in their annual reporting. In the absence of standardized reporting norms, companies are free to structure sustainability report as per their understanding, willingness and intent. Although some voluntary guidelines have been issued by the regulatory authorities in India, the norms are still not clear as to what to report and how to report. This paper aims to look in to sustainability reporting practices by top companies listed in Bombay stock exchange and its impact on financial performance. Design/methodology/approach Using this sample of 68 companies from top 100 in the list of ET500 for 2016, self-constructed sustainability reporting score has been computed for each company for the financial year 2012-2013 and 2015-2016. The two periods represent pre- and post-disclosure reform periods in India. A sustainability reporting scale has been constructed using 16 parameters of sustainable performance based on social, environment and governance aspects as reported in the annual report, sustainability report and business responsibility report. Findings It has been found that there is a significant improvement in sustainability reporting by Indian companies after the introduction of disclosure reforms. Different sectors show significant difference in the sustainability reporting during pre-reform period but as the sustainability reporting improves after the reforms, sector difference reduces. Sustainability reporting is a significant predictor of financial parameters of return on sales, return on equity and Tobin’s Q in pre-reform period, but in the post-reform period, no significant impact was found on financial performance. Practical implications Disclosure reforms have made a significant impact on sustainability reporting by Indian companies. Companies need to identify the core areas of social responsibility, to implement Indian model of mandatory 2 per cent spending on corporate social responsibility. Disclosure of carbon foot prints should be mandatory and more number of independent directors should be appointed for successful implementation of these reforms. Market regulators should be made more powerful and given a free hand to prosecute the companies involved in frauds and high penalties should be imposed for non-compliance. Originality/value Sustainability reporting has drawn increased strategic attention in India to make reporting more transparent and responsible toward society and environment. The structural changes and introduction of disclosure reforms make an interesting case to investigate their implications on Indian companies. Accordingly, this research studies the sustainability reporting by Indian companies before and after the introduction of disclosure reforms. No previous research has investigated the impact of these reforms considering two different periods.

scholarly journals The Impact of Sustainability on the Financial Performance of Jordanian Islamic Banks

2016 ◽  
Vol 9 (1) ◽  
pp. 55 ◽  
Author(s):  
Ali Abdelfattah Hamdan Zyadat
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
Social Dimension ◽  
Three Dimensions ◽  
Islamic Banks ◽  
Economic Dimension ◽  
Islamic Bank ◽  
Study Results ◽  
Sustainability Reports ◽  
The Impact

The study looked into the effect of the three dimensions of sustainability (economic dimension, environmental dimension, and social dimension) on the financial performance of Jordanian Islamic banks represented by (return on assets, return on equity, and earnings per share) during the period (2008-2014).<strong> </strong>The study sample contained two main Islamic banks in Jordan, namely: Jordan Islamic Bank and Arab Islamic Bank. Required data was collected from the annual reports, financial statements, sustainability reports, and social responsibility reports of the Jordanian Islamic banks from (2008-2014). Items for the dimensions of sustainability were determined, and their level of exercise was measured, by analyzing the content of these reports (content analysis), as well as the financial indicators of financial performance, which have been extracted from the financial statements of the surveyed banks.<strong> </strong>The study results have shown the presence of a statistically significant effect of the dimensions of sustainability on the financial performance measured by ROA and EPS in the Jordanian Islamic banks. However, there was no statistically significant effect of the dimensions of sustainability on the financial performance as measured by ROE in those banks. Finally, the study has encouraged Islamic banks to adopt a rational and prudent investment and financial policies, make proper operational decisions to generate revenue, maximize profits, and achieve shareholder objectives, issue sustainability reports to discover if goals and activities are compatible to the goals and interests of society and the environment, and increase their interest in sustainability.

scholarly journals The impact of Governance in Achieving Excellence Performance - Applied study in a Sample of the Iraqi Private Universities.

2019 ◽  
Vol 2 (2) ◽  
pp. 128-141
Author(s):  
Khleel Ismaeel ◽  
Sally Ali
Keyword(s):  
Special Education ◽  
Private Universities ◽  
Social Dimension ◽  
Institutional Performance ◽  
Economic Dimension ◽  
Environmental Dimension ◽  
Education Environment ◽  
University College ◽  
Questionnaire Method ◽  
The Impact

This research is based on the evaluation of institutional performance in the special education environment in Iraqi universities, which has become an important issue in the private education sector in Iraq, especially in the context of a strong competitive environment with the synchronization of the development of private universities under the direction of the Ministry of Higher Education and Scientific Research in Iraq to promote the special education. And thus achieve outstanding performance among the Iraqi private universities, as well as knowledge of the relationship of correlation and influence between governance and its dimensions (economic dimension, social dimension, environmental dimension) and outstanding performance.And the impact between governance and its dimensions (economic dimension, social dimension, environmental dimension) and outstanding performance. The questionnaire method was adopted as a key tool in collecting data and information about the research variables and distributing them to a sample of 50 individuals assigned the scientific and moral responsibility to achieve excellence in the level of performance in three of the private Iraqi universities (University College of Madenat al-Elem,Al-Turath University College and Al Isra College,And then using a number of statistical methods for the purpose of analyzing the data for the responses of the sample of the research and the selection of hypotheses through the assistance of the statistical program (SPSS) and then verify the validity of the hypothesis from which the research and based on the results of the analysis concluded the research with a number of conclusions and recommendations was the most important development of awareness of the Iraqi universities the importance of governance given As it represents laws and systems aimed at achieving quality and excellence in performance by choosing the appropriate methods to achieve effective plans for its objectives.

scholarly journals Sustainable Growth in the Agro-Food Cooperatives of Castilla-La Mancha (Spain)

2020 ◽  
Vol 12 (12) ◽  
pp. 5045
Author(s):  
Felipe Hernández-Perlines ◽  
Antonio Ariza-Montes ◽  
Luis Araya-Castillo
Keyword(s):  
Triple Bottom Line ◽  
Sustainable Growth ◽  
Social Dimension ◽  
Three Dimensions ◽  
Least Squares Regression ◽  
Bottom Line ◽  
Economic Dimension ◽  
Environmental Dimension ◽  
La Mancha ◽  
The Impact

The present study aims at analysing the sustainable growth in the agro-food cooperatives of Castilla-La Mancha (Spain). To this end, the study examines the impact of the corporate social responsibility (hereinafter CSR) on the performance of the agro-food cooperatives. CSR is analysed based on the three dimensions suggested by the triple bottom line approach: Economic dimension, social dimension, and environmental dimension. Results are analysed using a partial least squares regression (PLS-SEM). The main contributions are as follows: (1) The measurement of the CSR through the triple bottom line approach has proven to be appropriate for the agro-food cooperatives of Castilla-la Mancha, as it presents adequate values of reliability and validity; (2) these dimensions make up the CSR, although the environmental dimension is the most relevant one for the agro-food cooperatives of Castilla-La Mancha; and (3) CSR positively and significantly affects the performance of agro-food cooperatives, as it explains 39.2% of their variance, thus confirming a sustainable growth model for the agro-food cooperatives of Castilla-La Mancha.

scholarly journals THE IMPACT OF GOVERNANCE EFFECTIVENESS AND COMPANY SIZE ON ENVIRONMENTAL PERFORMANCE

2019 ◽  
Vol 2 (2) ◽  
pp. 76
Author(s):  
Irma Paramita Sofia
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Environmental Performance ◽  
Sustainability Reporting ◽  
Company Size ◽  
Good Corporate Governance ◽  
Corporate Size ◽  
Governance Effectiveness ◽  
The Impact ◽  
Sustainability Report

In making rational decisions, investors need complete, accurate, and timely information. Companies can disclose information such as the implementation of good corporate governance, financial performance, and sustainability report. This research aims to obtain evidence that good corporate governance and corporate size have an effect on environmental performance. We use sustainability reporting disclosure as a proxy for the environmental achievement of the company. This study indicates that (1) good corporate governance has no effects on environmental performance; (2) corporate size has no effects on sustainability report disclosure.  

Could CSR improve the financial performance of developing countries’ firms? Analyses of mediating effect of intangible resources

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohamed Hamdoun ◽  
Mohamed Akli Achabou ◽  
Sihem Dekhili
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Financial Performance ◽  
Competitive Advantage ◽  
Mediating Effect ◽  
Social Dimension ◽  
Content Type ◽  
Intangible Resources ◽  
The Impact

Purpose This paper aims to examine the link between corporate social responsibility (CSR) and financial performance in the context of developing countries. More specifically, the mediating role of a firm’s competitive advantage and intangible resources, namely, human capital and reputation are studied. Design/methodology/approach The study considered a sample of 100 Tunisian firms. The analysis makes use of the structural equation modelling method to explore the relationship between CSR and financial performance, by including mediator variables. Findings The results confirm that CSR has no significant direct effect on financial performance. In particular, they indicate that the social dimension of CSR has a negative impact on performance. However, CSR does have a positive impact on competitive advantage via the two intangible resources considered, human capital and company reputation. Research limitations/implications The research fills a gap that occurred in the previous literature. In effect, previous studies focussed only on the direct link between CSR and financial performance. In addition, it enriches the limited literature on CSR strategies in the context of developing countries. However, further studies should explore the opposite relationship, i.e. the impact of financial performance on CSR strategy. In addition, the authors believe that amongst other potential research avenues, it would be interesting to study the moderating role of the activity sector. Practical implications From a practical point of view, this study suggests new applications with respect to the link between CSR and financial performance. To enhance their company’s financial performance, managers need to ensure that intangible resources are managed efficiently. Originality/value The paper contributes to the literature by examining how a firm’s intangible resources mediate between CSR and competitive advantage and how competitive advantage mediates between intangible resources and financial performance. Second originality is related to the study of the link between CSR and the financial performance of business organisations in the context of a developing country.

scholarly journals Accounting Theory and Its Impact on Adoption of Sustainability Reporting Dimensions - A Field Study

2018 ◽  
Vol 8 (4) ◽  
pp. 82
Author(s):  
Ammar Daher Mamdouh Bashatweh
Keyword(s):  
Field Study ◽  
Agency Theory ◽  
Signaling Theory ◽  
Sustainability Reporting ◽  
Social Dimension ◽  
Theory Theory ◽  
Economic Activities ◽  
Economic Dimension ◽  
Service Sectors ◽  
Transparency And Disclosure

The main objective of the study was to identify the effect of the adoption of accounting theories (agency theory, signaling theory, theory of legitimacy, stockholders theory) in the disclosure of sustainability dimensions (economic dimension, environmental dimension, social dimension). To achieve the objective of the study, the sample of the study included Jordanian public shareholding companies which belong to the financial, industrial and service sectors. The study sample consisted of 20 public shareholding companies distributed among various sectors.The study found out that is a statistically significant effect on the adoption of accounting theories in the disclosure of sustainability dimensions when studying the dimensions combined. The study recommended the need to increasing the commitment of public shareholding companies to apply the principle of transparency and disclosure of their environmental, social and economic activities, as well as recommending the management of public shareholding companies to the necessity of diversity in the interests of all parties associated with them.

scholarly journals Factors Affecting The Company's Value Through Sustainability Reports In The Indonesia Stock Exchange

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Pratiwi Dwi Karjati ◽  
Eva Winarto
Keyword(s):  
Financial Performance ◽  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sustainability Reporting ◽  
Public Attention ◽  
Corporate Values ◽  
Factors Affecting ◽  
The Right ◽  
Sustainability Report

The company's financial performance that demonstrates the success of the company is a matter of interest to the public. While the Sustainability Report is a non-financial report that is beginning to draw public attention today. This study aims to examine how the influence of financial performance on corporate value through Sustainability Report that can be used as a Reference for User Financial Statements in the decision of the right decision. The sample of this study are Companies listed in Indonesia Stock Exchange in 2015 - 2016. Independent variables in this research are Profitability Variables, Liquidity Variables, Leverage Variables measured using Financial Ratios, Mediation Variables in this study is Sustainability Report measured by using Index Disclosures derived from the Global Initiative Reporting (GRI) and Dependent Variables are Corporate Values measured using Tobins'Q. This study uses secondary data obtained at Indonesia Stock Exchange.The results of this study indicate that net profit margin, current ratio and leverage (X) have no significant effect on both sustainability reporting (Z) and the dependent variable of firm value (Y). The results of this study also proves that only the sustainability reporting (Z) Intervening variable has significant effect on the dependent variable of firm value (Y).

Impact of globalization on human rights: evidence from Sub-Saharan Africa

2020 ◽  
Vol 47 (12) ◽  
pp. 1453-1480
Author(s):  
Aman Takiyar ◽  
N.V.M. Rao
Keyword(s):  
Human Rights ◽  
Positive Impact ◽  
Social Dimension ◽  
Sub Saharan Africa ◽  
Political Dimension ◽  
Economic Dimension ◽  
Content Type ◽  
Multiple Dimensions ◽  
Sub Saharan ◽  
The Impact

PurposeThe purpose of this study is to examine the impact of globalization and its multiple dimensions on human rights in Sub-Saharan Africa.Design/methodology/approachThe study extends the Poe and Tate (1994) model, which enumerates the various determinants of human rights. Ordered probit estimation is used to estimate the impact of globalization and its dimensions. For the purpose of empirical analysis, the period has been divided into three phases: short, medium and long term. This helps in understanding how the impact of the different dimensions of globalization has evolved over a period of time. Furthermore, analysis has been carried out to detect causality between human rights and globalization.FindingsAs per the results, overall globalization and social dimension of globalization do have a positive impact on human rights in long and medium term and, also, Granger-cause human rights. The political dimension of globalization has a positive relation with human rights, though there exists no causality between the two. On the other hand, the economic dimension of globalization fails to have a statistically significant impact on human rights. Impact of the social dimension of globalization dominates that of other dimensions of globalization.Originality/valueThis is one of the few studies that examine, in an empirical fashion, the impact of globalization on human rights in Sub-Saharan Africa.

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