KInerja Keuangan dari Perspektif Keberlanjutan: Peran Kinerja Lingkungan, Modal Intelektual, dan Tata Kelola Perusahaan
DOI:
https://doi.org/10.30651/stb.v5i2.27365Kata Kunci:
kinerja keuangan; kinerja lingkungan; modal intelektual; tata kelola perusahaanAbstrak
Penelitian ini menganalisis pengaruh kinerja lingkungan, modal intelektual, dan tata kelola korporasi terhadap kinerja keuangan perusahaan-perusahaan sektor energi yang terdaftar di Bursa Efek Indonesia selama periode 2021–2023. Data sekunder diperoleh dari laporan keuangan dan laporan penilaian PROPER. Sebanyak 63 observasi dari 21 perusahaan dipilih menggunakan metode sampling purposif. Analisis data dilakukan menggunakan regresi data panel dengan bantuan perangkat lunak STATA17. Hasil menunjukkan bahwa modal intelektual dan jumlah anggota komite audit memiliki pengaruh positif dan signifikan terhadap kinerja keuangan. Temuan ini menunjukkan bahwa pengelolaan aset tak berwujud yang efisien dan mekanisme pengawasan internal yang kuat dapat meningkatkan keuntungan perusahaan. Selain itu, proporsi komisaris independen menunjukkan efek negatif dan signifikan terhadap kinerja keuangan, menyiratkan potensi ketidak efektifan pengawasan jika tidak didukung oleh keterlibatan dan kompetensi yang memadai. Di sisi lain, variabel kinerja lingkungan, ukuran dewan direksi, dan kepemilikan manajerial tidak menunjukkan efek yang signifikan. Temuan ini menyiratkan bahwa tidak semua aspek keberlanjutan dan tata kelola korporat berkontribusi secara langsung terhadap peningkatan kinerja keuangan.
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