PENGARUH KINERJA ENVIRONMENTAL, SOCIAL, GOVERNANCE DAN KEKUATAN CHIEF EXECUTIVE OFFICER TERHADAP KINERJA KEUANGAN

Abstract

This research aimed to find out the effect of environment performance, social, governance, and chief
executive officer power on the financial performance at the mining companies listed on the Indonesia
Stock Exchange (IDX). The independent variables were environmental performance, social,
governance, and CEO power which were measured by ENS, SOS, GS, CEOT. While the dependent
variable was financial performance which was measured by ROA. The research was quantitative.
Moreover, the population was mining companies listed on the Indonesia Stock Exchange. The data
collection technique used purposive sampling. In line with that, there were 10 companies as the
sample. Furthermore, the data were secondary in the form of financial statement and sustainability
report during the 2018-2021. In total, there were 40 observation data. As there were 2 outlier data, the
remaining would be 38 data samples. Additionally, the data analysis technique used multiple linear
with SPSS 26 version, classical assumption test including normality test, multicollinearity test,
autocorrelation test and heteroscedasticity test. The result indicated that environment performance,
social, and governance had a positive effect on the financial performance of the mining companies.
On the other hand, chief executive officer (CEO) power had a negative effect on the financial
performance of the mining companies.