PERAN SUSTAINABILITY MEMEDIASI PENGARUH DEWAN KOMISARIS TERHADAP KINERJA KEUANGAN

MOH. ALIYAN JAUHARI, WAHIDATUL HUSNAINI, INDRIA PUSPITASARI LENAP

Abstract


This research empirically tests the direct and indirect influence of the number of board of commissioners on financial performance with the sustainability report (SR) as a mediating variable. The research sample was 157 data obtained from manufacturing companies listed on the Indonesia Stock Exchange and disclosed sustainability reports for the 2019-2021 period. Hypothesis testing uses path analysis. The test results show that the number of board of commissioners and sustainability reports do not directly influence financial performance, while the number of board of commissioners directly influences the disclosure of sustainability report. Sustainability reports cannot mediate the influence of the number of board of commissioners on financial performance, because SR is still voluntary so not many companies disclose it

Keywords


Board of commissioners, sustainability report, financial performance, ROA

Full Text:

PDF

References


Anggraini, K. D. (2018). Analisis Struktur Kepemilikan Dan Komposisi Dewan Terhadap Kinerja Keuangan Industri Perbankan Asia Tenggara. Bitkom Research, 63(2), 1–3. http://forschungsunion.de/pdf/industrie_4_0_umsetzungsempfehlungen.pdf%0Ahttps://www.dfki.de/fileadmin/user_upload/import/9744_171012-KI-Gipfelpapier-online.pdf%0Ahttps://www.bitkom.org/ sites/default/files/ pdf/Presse/Anhaenge-an-PIs/ 2018/180607 -Bitkom

Baron, R. M., & Kenny, D. A. (1986). The Moderator-Mediator Variable Distinction in Social Psychological Research. Conceptual, Strategic, and Statistical Considerations. Journal of Personality and Social Psychology, 51(6), 1173–1182. https://doi.org/10.1037/0022-3514.51.6.1173

Basuki, A. T., & Pratowo, N. (2016). Analisis Regresi Dalam Penelitian Ekonomi Persada., Dan Bisnis. Rajagrafindo.

Cahyaningtyas, S. R., Ramadhani, R. S., & Isnaini, Z. (2022). APAKAH SUSTAINABILITY REPORTING MEMEDIASI HUBUNGAN KARAKTERISTIK DEWAN DAN KINERJA. 5(2), 285–305.

Ciftci, I., Tatoglu, E., Demirbag, M., & Zaim, S. (2019). Corporate governance and fi rm performance in emerging markets : Evidence from Turkey. 28(May 2018), 90–103. https://doi.org/10.1016/j.ibusrev.2018.08.004

Dalton, D. R., M., D. C., Johnson, J. L., & Ellstrand, A. E. (1999). Number of directors and financial performance: A meta-analysis. Academy of Management Journal, 42(6), 674–686. https://doi.org/10.2307/256988

Daromes, F. E., & Jao, R. (2020). Dewan Direksi Terhadap Reaksi Investor Mediation Role of Financial Performance on the Effect of. Jurnal Akuntansi, 10(1), 77–92.

Deswanto, R. B., & Siregar, S. V. (2018). The associations between environmental disclosures with financial performance, environmental performance, and firm value. Social Responsibility Journal, 14(1), 180–193. https://doi.org/10.1108/SRJ-01-2017-0005

Dewi, I. A. P. P. P., Putra, I. P. M. J. S., & Endiana, I. D. M. (2019). Pengaruh Sustainability Report Terhadap Kinerja Keuangan Perusahaan Dan Kinerja Pasar Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. Kumpulan Hasil Riset Mahsiswa Akuntansi (KHARISMA), 1(1), 263–275.

Diyanty, M., & Yusniar, M. W. (2019). Pengaruh Mekanisme Good Corporate Governance Terhadap Kinerja Keuangan Padaperbankan Yang Terdaftar Di Bursa Efek Indonesia (Bei). JWM (Jurnal Wawasan Manajemen), 7(1), 49. https://doi.org/10.20527/jwm.v7i1.175

Epstein, M. J., & Freedman, M. (1944). Social Disclosure and the Individual Investor". Accounting, Auditing & Accountability Journal, 7(4), 94–109.

Freeman, E.R., P. P. (1983). Strategic Management, A Stakeholder Approach. Pitman Publishing In.

Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25 Edisi 9. E-Jurnal Akuntansi Universitas Udayana, 23(2).

Gujarati, D. N., & Porter, D. C. (2009). Basic Econometrics. 5th Edition, McGraw Hill Inc., New York.

Haji, A. A. (2013). Corporate social responsibility disclosures over time: evidence from Malaysia. Managerial Auditing Journal, 28(7), 647–676. https://doi.org/10.1108/MAJ-07-2012-0729

Hartati, N. (2020). Pengaruh Dewan Komisaris, Komite Audit dan Kepemilikan Institusional Terhadap Kinerja Keuangan Perusahaan. EKOMABIS: Jurnal Ekonomi Manajemen Bisnis, 1(02), 175–184. https://doi.org/10.37366/ekomabis.v1i02.72

Hendratni, T. W., Nawasiah, N., & Indriati, T. (2018). Analisis Pengaruh Corporate Governance Terhadap Kinerja Keuangan Sektor Perbankan Yang Terdaftar Di Bei Tahun 2012-2016. Jurnal Riset Manajemen Dan Bisnis (JRMB) Fakultas Ekonomi UNIAT, 3(1), 37–52. https://doi.org/10.36226/jrmb.v3i1.83

Honi, H. Y., Ivonne, S. S., & Tulung, J. E. (2020). Pengaruh Good Corporate Governance terhadap Kinerja Keuangan Bank Umum Konvesional Tahun 2014-2018. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansiurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 1(2), 296–305.

Istiq, R. S., Surbakti, L. P., & Subur. (2021). Pengaruh kinerja lingkungan dan pengungkapan keberlanjutan terhadap kinerja perusahaan. Prosiding BIEMA, 2, 870–884.

Lestari, M. C., & Utama, C. A. (2021). Board Structure Problem in Aviation Companies : The Relationship of Political Connection and Multiple Directorship on Firm Performance. 25(3), 617–641. https://doi.org/10.26905/jkdp.v25i3.5892

Mahmood, Z., Kouser, R., Ali, W., Ahmad, Z., & Salman, T. (2018). Does Corporate Governance Affect Sustainability Disclosure ? A Mixed Methods Study. 1–20. https://doi.org/10.3390/su10010207

Mishra, R. K., & Kapil, S. (2018). Effect of board characteristics on firm value: evidence from India. South Asian Journal of Business Studies, 7(1), 41–72. https://doi.org/10.1108/SAJBS-08-2016-0073

Munawir, S. (2010). Analisis Laporan Keuangan. Edisi Keempat. Yogyakarta: Liberty.

Nawawi, T., Haqiyah, A., Agustia, D., Lusnadi, G. M., & Fauzi, H. (2020). JOURNAL OF SECURITY AND SUSTAINABILITY ISSUES ISSN 2029-7017 / ISSN 2029-7025 ( online ) 2020 Volume 9 January JOURNAL OF SECURITY AND SUSTAINABILITY ISSUES ISSN 2029-7017 / ISSN 2029-7025 ( online ) 2020 Volume 9 January. 9(12), 151–170.

Nofianto, E., & Agustina, L. (2014). Analisis Pengaruh Sustainability Report Terhadap Kinerja Keuangan Perusahaan. Accounting Analysis Journal, 3(3), 343–351.

Nor, N. H. M. Nawawi, A., & Salin, A. S. A. P. (2017). The influence of board independence, board size and managerial ownership on firm investment efficiency. Pertanika Journal of Social Sciences and Humanities, 25(3), 1039–1058.

Prasetyo, D., & Dewayanto, T. (2019). KINERJA PERUSAHAAN ( Studi Empiris pada Perusahaan Manufaktur periode 2013-2015 ). 8, 1–10.

Putra, Dwi, & Prastika, B. (2015). Pengaruh Dewan Komisaris, Proporsi Komisaris Independen Terhadap Kinerja Perusahaan. Jurnal Manajemen Teori Dan Terapan, 8(2), 70–85.

Roviqoh, D. I., & Khafid, M. (2021). Profitabilitas dalam Memediasi Pengaruh Kepemilikan Institusional, Komite Audit, dan Ukuran Perusahaan terhadap Pengungkapan Sustainability Report. Business and Economic Analysis Journal, 1(1), 14–26.

Salim, S., & Oktorina, M. (2016). Pengaruh Good Corporate Governance Terhadap Kinerja Pasar Perusahaan Yang Dimediasi Oleh Pengungkapan Laporan Keberlanjutan. Optimum: Jurnal Ekonomi Dan Pembangunan, 6(1), 17. https://doi.org/10.12928/optimum.v6i1.7825

Sari, D., Dewi, A. S., & Abaharis, H. (2018). KINERJA PERUSAHAAN MANUFAKTUR DI BURSA EFEK. 3(3), 445–454.

Sejati, B. P., & Prastiwi, A. (2015). Pengaruh Pengungkapan Sustainability Report Terhadap Kinerja Dan Nilai Perusahaan. Diponegoro Journal of Accounting, 0(0), 195–206.

Shanti, Y. K., Pamulang, U., & Selatan, T. (2020). PENGARUH KOMITE AUDIT TERHADAP KINERJA. 9(2), 147–158.

Singh, Satwinder, Naeem, Tabassum, Darwish, & ORCID, T. K. (2018). Corporate Governance and Tobin ’ s Q as a Measure of Organisational Performance Abstract Introduction Corporate Governance ( CG ) refers to the mechanism by which a company is controlled and run. 29, 171–190. https://doi.org/10.1111/1467-8551.12237

Soelistyoningrum, J., Nur, E., & Prastiwi, A. (2011). Pengaruh Pengungkapan Sustainability report terhadap Kinerja Keuangan: Studi Empiris pada Perusahaan yang Terdaftar dalam Bursa Efek Indonesia. Jurnal Akuntansi Universitas Diponegoro Semarang.

Soewarno, N., Tjahjadi, B., & Fithrianti, F. (2019). Green innovation strategy and green innovation: The roles of green organizational identity and environmental organizational legitimacy. Management Decision, 57(11), 3061–3078. https://doi.org/10.1108/MD-05-2018-0563

Sofa, F. N., & Respati, N. W. (2020). Pengaruh Dewan Direksi, Dewan Komisaris Independen, Komite Audit, Profitabilitas, Dan Ukuran Perusahaan Terhadap Pengungkapan Sustainability Report (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2017). DINAMIKA EKONOMI Jurnal Ekonomi Dan Bisnis, 13(1), 39.

Sugiyono. (2021). Metode penelitian kuantitatif, kualitatif, dan r&d. Afabeta.

Sutojo, S., & Aldridge, E. J. (2005). Good Corporate Governance: Tata Kelola Perusahaan yang Sehat. PT Damar Mulia Pustaka.

Tarigan, J., & Semuel, H. (2015). Pengungkapan Sustainability Report dan Kinerja Keuangan. Jurnal Akuntansi Dan Keuangan, 16(2), 88–101. https://doi.org/10.9744/jak.16.2.88-101

Vegera, S., Malei, A., & Trubovich, R. (2018). Accounting development of natural resources in organizations carrying out the disposal of municipal waste and biogas extraction in the context of the “green” economy. Entrepreneurship and Sustainability, 6(1), 211-225.

Velte, P. (2020). Does CEO power moderate the link between ESG performance and financial performance? Management Research Review, 43(5), 497–520. https://doi.org/10.1108/MRR-04-2019-0182

Wardati, S. D., Shofiyah, S., & Ariani, K. R. (2021). Pengaruh Dewan Komisaris, Dewan Direksi, Komite Audit, Dan Ukuran Perusahaan Terhadap Kinerja Keuangan. Inspirasi Ekonomi Jurnal Ekonomi Manajemen, 3(4), 1–10. https://doi.org/10.32938/ie.v3i4.2015

Wibowo, I., & Faradiza, S. A. (2014). Dampak Pengungkapan Sustainability Report terhadap Kinerja Keuangan dan Pasar Perusahaan. Simposium Nasional Akuntansi Ke-XVII Lombok.

Wijayanti, R. (2016). PENGARUH PENGUNGKAPAN SUSTAINABILITY REPORTTERHADAP KINERJA KEUANGAN PERUSAHAAN. National Institute Economic Review. https://doi.org/10.1177/002795017205900102




DOI: https://doi.org/10.35327/gara.v18i1.730

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 GANEC SWARA

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

TERINDEKS

 

 

 

 

 

 

 


_______________________________

Ganec Swara

Published by UNMAS Denpasar K. Mataram |
Email: ganecswara@gmail com; aminullahmtk@gmail.com

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

    
Stat Pengunjung GARA