SUSTAINABILITY REPORTING BY DISCLOSING ECONOMIC, SOCIAL AND ENVIRONMENTAL PERFORMANCE

Tri Siwi Nugrahani and Dwi Ari Artanto
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Tri Siwi Nugrahani: Faculty of Business, Universitas PGRI Yogyakarta, Indonesia
Dwi Ari Artanto: Faculty of Business, Universitas PGRI Yogyakarta, Indonesia

Studies in Business and Economics, 2022, vol. 17, issue 2, 216-226

Abstract: This study examines the effect of sustainability reporting on financial performance from economic, social and environmental dimensions. The research sample consisted of 31 companies that published sustainability reports during 2015-2019. The results showed that the economic and environmental dimensions showed a negative effect on ROA. This means that companies that disclose economic and environmental performance will reduce the achievement of ROA. while disclosure of social performance will not affect ROA. This study proves that the theory of stakeholders is not sufficient to meet the achievement of profitability and companies need to look at the substantive aspects of sustainability reporting.

Keywords: sustainability reporting; economic; social and environmental dimensions (search for similar items in EconPapers)
Date: 2022
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