Title: The Effect Of Sustainable Development Goals On Financial Performance With Institutional Ownership As A Moderating Variable
Authors:
- Rizka Yulistiya Wardan
- Amalia Rizki
Department: Akuntansi
Journal Name: Jurnal Ekonomi, Keuangan, Perbankan dan Akuntansi
Kinds of Journal: Sinta 4
Keywords: Financial Performance, Institutional Ownership, Sustainable Development Goals
Abstract:
This study aims to obtain empirical evidence of the effect of sustainable development goals (SDGs) on financial performance with institutional ownership as a moderating variable. This study differs from prior research by introducing institutional ownership as a moderating variable for both dependent and independent variables, also measuring financial performance through Return on Equity (ROE). This study uses a quantitative approach using multiple linear regression analysis and moderated regression analysis. The independent variable of this study is the SDGs which are measured based on the dummy variable of the 17 SDGs objective indicators. The sample used in this study is a mining sector company that is listed on the IDX and publishes a sustainability report in 2017 – 2021. The results of this study indicate that SDGs have a negative effect on financial performance and institutional ownership cannot moderate the effect of SDGs on financial performance. The study finds that implementing SDGs is associated with lower financial performance, and institutional ownership does not moderate this impact due to insufficient attention from investors.
For details: https://jurnal.polban.ac.id/akuntansi/article/download/5758/3579
