KINERJA ESG, LEVERAGE, DAN UKURAN PERUSAHAAN: DETERMINAN PROFITABILITAS SEKTOR ENERGI INDONESIA

Sandy Susanto, . (2025) KINERJA ESG, LEVERAGE, DAN UKURAN PERUSAHAAN: DETERMINAN PROFITABILITAS SEKTOR ENERGI INDONESIA. Skripsi thesis, Universitas Pembangunan Nasional Veteran Jakarta.

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Abstract

This study aims to examine the effect of Environment, Social, and Governance (ESG) performance, leverage, and firm size on profitability. This study uses a sample of 29 energy sector companies listed on the Indonesia Stock Exchange during the 2022-2024 period. ESG performance data were obtained through the Katadata Corporate Sustainability Index, while leverage and firm size data were obtained through the Stockbit platform. Hypothesis testing was conducted using the Random Effect Model (REM) method with STATA 17 application. The results show that ESG performance and firm size have no significant effect on company profitability. Meanwhile, leverage has a significant negative effect on profitability. These findings indicate that short-term ESG implementation is not a primary factor in assessing a company's effectiveness in utilizing assets to generate profit. High levels of leverage have been shown to significantly reduce a company's profitability, requiring companies to optimally manage their capital structure to increase profitability. On the other hand, company size does not necessarily reflect the extent of its potential profits.

Item Type: Thesis (Skripsi)
Additional Information: [No.Panggil: 2110112137] [Pembimbing: Donny Maha Putra] [Penguji 1: Praptiningsih] [Penguji 2: Andy Setiawan]
Uncontrolled Keywords: sektor energi, kinerja ESG, leverage, ukuran perusahaan, profitabilitas
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Fakultas Ekonomi dan Bisnis > Program Studi Akuntansi (S1)
Depositing User: SANDY SUSANTO
Date Deposited: 22 Mar 2026 08:10
Last Modified: 22 Mar 2026 08:10
URI: http://repository.upnvj.ac.id/id/eprint/41442

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