PENGARUH KINERJA SOSIAL DAN KINERJA LINGKUNGAN TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN FOOD AND BEVERAGE

Abstract

Financial performance is an analysis that aims to observe how far a company has carried out rules of financial implementation properly and correctly. Moreover, there are several factors that may affect financial performance, namely social performance and environmental performance. This research aimed to examine the effect of social performance and environmental performance on the financial performance of Food and Beverage companies listed on the Indonesia Stock Exchange during 2017-2020. The research was quantitative, which examined certain populations and samples. Furthemore, the data were secondary in the form of financial statements. The population was 33 Food and Beverage companies. The data collection technique used purposive sampling. In line with that, there were 18 companies fulfilled the criteria as a sample. The social performance was measured by the GRI standard (Global Reporting Intiative), and financial performance was measured by ROA (Return On Assets). In addition, the data analysis technique used a partial test (T-test) with SPSS 23. Based on the partial test (T-test), from the analysis result, it concluded that social performance which was a proxy with GRI standard (Global Reporting Initiative) had a negative effect on the financial performance. In addition, the environmental performance which was a proxy with GRI standard (Global Reporting Initiative)did not affect the financial performance.