Pengaruh Pengungkapan Sustainability Report Terhadap Kinerja Keuangan Perusahaan

Abstract

Sustainability reporting and company performance are the two factors that need to be studied in recent years. Sustainability reporting is non-financial report that consists of three elements which are economic performance, environmental performance, and social performance. This research attempts to examine the effect of each dimension of sustainability reporting on company financial performance. Sample of this research is companies that reveal sustainability report which listed in Indonesia Stock Exchange (IDX). It consists of 10 companies during the period of year 2013-2015 and this research get 30 total samples. The independent variables are economic disclosure, environmental disclosure, and social disclosure. These variables are measured by means of disclosure index. Sustainability reporting guidelines from Global Reporting Initiative (GRI) G4 is used as the basis of calculating the index score. The dependent variables are return on asset and current ratio as measures of the proxies of financial performance, that is profitability and liquidity. This research uses secondary data collected from company website and Indonesian Stock Exchange. The results show that all dimensions of sustainability reporting have significance influences on return on asset, but only environmental disclosure that has significance influence on current ratio.