ESG DISCLOSURES IN EMERGING MARKETS: THE CONTRIBUTION OF COMPANY SIZE, PROFITABILITY, AND LEVERAGE
DOI:
https://doi.org/10.61141/pabean.v8i1.816Keywords:
Kata Kunci : ESG, Ukuran Perusahaan, ROA, DER., ESG disclosure, firm size, ROA, DERAbstract
Penelitian ini bertujuan untuk menganalisis pengaruh ukuran perusahaan, profitabilitas (ROA), dan leverage (DER) terhadap pengungkapan ESG pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) periode 2021–2024. Metode penelitian menggunakan pendekatan kuantitatif dengan regresi linier berganda terhadap 40 sampel perusahaan yang dipilih melalui purposive sampling. Hasil penelitian menunjukkan bahwa ukuran perusahaan dan ROA berpengaruh positif signifikan terhadap pengungkapan ESG, sedangkan leverage berpengaruh negatif signifikan. Temuan ini mengindikasikan bahwa kapasitas operasional dan kinerja finansial mendorong perusahaan untuk meningkatkan pelaporan keberlanjutan, sementara tekanan pendanaan justru membatasi kemampuan perusahaan dalam mengimplementasikan dan mengungkapkan aspek ESG. Penelitian ini memberikan kontribusi bagi penguatan literatur determinan ESG di Indonesia serta memberikan implikasi praktis bagi manajemen dan regulator dalam merancang strategi penguatan tata kelola keberlanjutan.References
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