Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
July 30, 2025Journal of Governance and Integrity

The effect of environmental, social, governance performance on the financial performance of Indonesian with foreign ownership as moderation

View Full Paper
Ask AI
Bookmark
Share

Authors

LPLedhisya Juanza PutriFAFajri Adrianto

Discussion

Loading...

Member takes

Overview

Quantitative analysis shows that environmental performance affects financial performance in Indonesian companies, suggesting foreign ownership weakens this relationship.

Key Points

  • Environmental performance significantly influences financial performance, while social and governance factors do not.
  • Analysis of 46 companies listed on the Indonesia Stock Exchange from 2020 to 2022 reveals these dynamics.
  • Panel data regression was employed using STATA software for comprehensive data processing.
  • Findings indicate that foreign ownership weakens the link between environmental performance and financial performance.

Cite This Study

Putri et al. (2025) studied this question.

synapsesocial.com/papers/68af296ecf1dd9ea359e2a04https://doi.org/10.15282/jgi.8.1.2025.11625
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Does Environmental Performance Moderate the Effect of ESG and Intellectual Capital on Financial Performance? (Empirical Study on Energy Sector Companies in Indonesia)2025
  2. 2The Influence of Environmental, Social, and Governance (ESG) on Corporate Financial Performance2025 · 1 citations
  3. 3The Influence of Environmental, Social, And Governance (ESG) Performance on Company Value with Financial Performance as an Intervening Variable (A Case Study of Commercial Banks Listed on the Indonesian Stock Exchange)2025
  4. 4The Effect of Environmental, Social, Governance, and Sustainable Growth Rate on Firm Value with Foreign Ownership as a Moderating Variable: Evidence from IDX ESG Leaders2025
  5. 5The limited influence of institutional ownership on environmental, social, governance, and financial outcomes2025 · 3 citations