Journal of International Business and Economics

The Effect of ESG Performance on Economic Performance in the High Profile Industry in Indonesia
Mita Kurnia Yawika, Susi Handayani

Abstract
This study aims to examine the effects of ESG performance on economic performance. This research was conducted in 2015-2017 and produced 387 samples. The analysis technique used is multiple regression analysis with SPSS Statistics program 23. The results of the study show that ESG performance has a positive effect on economic performance. In further analysis, environmental performance and social performance shows that there is no influence on economic performance, except environmental performance which negatively affects market measurement. Conversely, governance performance has a positive effect on accounting measurements, but has a negative effect on market measurement. This condition due to the disclosure traditionof governance is longer applied in Indonesia than other sustainability aspects and the increasing value of the relevance of governance performance to stakeholders.

Full Text: PDF     DOI: 10.15640/jibe.v7n2a12