PENGARUH KINERJA KEUANGAN, UKURAN PERUSAHAAN, KEPEMILIKAN SAHAM TERHADAP KINERJA LINGKUNGAN

Abstract

This research aimed to examine the effect of financial performance, firm size, and stock ownership on the environment performance. While, the financial performance was measured by Return On Asset and Current Ratio, firm size was measured by logarithm natural asset, stock ownership was measured by public stock ownership, environment performance was measured by PROPER (Program Performance Rating In Environmental Management). The population was 36 manufacturing companies which were listed on PROPER and Indonesia Stock Exchange (IDX) 2016-2018. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 108 samples. Furthermore, the data analysis technique used ordinal logistic regression with SPSS 23. The research result concluded Return On Asset had significant on the environment performance, Public Stock Ownership had significant on the environment performance. On the other hand, Current Ratio had insignificant effect on the environment performance and Firm Size had insignificant effect on the environment performance.
Keyword: financial performance, size, stock ownership, environmental performance