Sustainability Reporting by Disclosing Economic, Social and Environmental Performance

Author:

Nugrahani Tri Siwi1,Artanto Dwi Ari1

Affiliation:

1. Faculty of Business , Universitas PGRI Yogyakarta , Indonesia

Abstract

Abstract This study examines the effect of sustainability reporting on financial performance from economic, social and environmental dimensions. The research sample consisted of 31 companies that published sustainability reports during 2015-2019. The results showed that the economic and environmental dimensions showed a negative effect on ROA. This means that companies that disclose economic and environmental performance will reduce the achievement of ROA. while disclosure of social performance will not affect ROA. This study proves that the theory of stakeholders is not sufficient to meet the achievement of profitability and companies need to look at the substantive aspects of sustainability reporting.

Publisher

Walter de Gruyter GmbH

Subject

Economics, Econometrics and Finance (miscellaneous),Business, Management and Accounting (miscellaneous),Social Psychology

Reference47 articles.

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3. Bäckström, S.-L., & Karlsson, J. (2015). Corporate Sustainability and Financial Performance-The influence of board diversity in a Swedish context.

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