2.png)
Pengaruh Kinerja Lingkungan Terhadap Nilai Perusahaan dan Kinerja Keuangan
Abstract
Abstract
The objective of this study is to examine the influence of enviromental performance to firm value with financial performance as intervening variable. This study takes sample from 31 companies in the Indonesian Stock Exchange, which were published in financial report from 2010-2011. The method of analysis of this research used multi regression and path analysis. The results of this study show that (1) enviromental performance had significant influence to financial performance, (2) enviromental performance had not significant influence to firm value, (3) financial performance had significant influence to firm value, (4) enviromental performance had significant influence on the financial performance of the firm’s value through. Financial performance is an intervening variable in the relationship between environmental performance and the audit committee of the firm's value.
Keywords: corporate governance, enviromental performance, the presence of board independent of  director
Full Text:
PDF (Bahasa Indonesia)References
Daftar Pustaka
Al-Tuwarij, S.A., Christensen, T.E, dan Hughes II, K.E., “The Relations Among Enviromental Disclosure, Enviromental Performance, And Economis Performance: A Simultaneous Equations Approach. Accounting Organizations And Societyâ€, Vol 29. Pp.447-4471. 2004
Ambadar, J., “Corporate Social Responsibility dalam Praktik di Indonesiaâ€, Edisi 1, Penerbit Elex Media Computindo, 2008
Anantan, Lina, “Corporate Social Responsibility (CSR): Tinjauan Teoritis dan Praktik di Indonesiaâ€, Jurnal Manajemen (Online), Universitas Kristen Maranatha diakses pada 29 januari 2012 di http://majour.maranatha.edu/
index.php/jurnalmanajemen/article/view/220, 2009
Andri Yuredmon, Sole, “Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan Dengan Ukuran Perusahaan Dan Dewan Komisaris Sebagai Variabel Moderating (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesiaâ€,, UPN "Veteran", Yogyakarta, 2011
Anwar, Samsinar et all, “Pengaruh Pengungkapan Corporate Social Responsibility terhadap Kinerja Keuangan Perusahaan dan Harga Sahamâ€, (Online) diakses melalui http://adln.lib.unair.ac.id/ pada tanggal 15 Februari 2012. 2010
Enggar Erlangga dan Erni Suryandari,. “Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Pengungkapan CSR, Good Corporate Governance Dan Kebijakan Dividen Sebagai Variabel Pemoderasiâ€, Jurnal Akuntansi Dan Investasi, Vol 10, No 1. 2009
European Commission, “Sustainable and Responsible Business CSR - Reporting and disclosureâ€, Diakses melalui http://ec.europa.eu/enterprise/ policies/sustainable-business/corporate-social responsibility/index_en. html pada tanggal 17 Januari 2012
Figge, Frank dan Tobias Hanh, “Sustainable Value Added-Measuring Corporate Contribtions to sustainability beyond eco-efficiency†Ecological Economics, 2004
Ganzi, Jhon. T et all, “Linking Enviromental Performance To Business Value: A North American Perspectiveâ€, Commission For Enviromental Cooperation of North America diakses pada tanggal 28 Juli 2012. 2004
Ghozali, Imam, “Aplikasi Analisis Multivariate Dengan Program SPSSâ€, Edisi 4, Badan Penerbit UNDIP, Semarang, 2009
Goosen, K. R., Jensen, R., & Wells, R., “Purpose and learning benefits of business simulations: A design and development perspective. Developments in Business Simulation & Experiential Learningâ€, 26, 133-145. 1999
Gray, Rob, Muhammad Javad, David M. Power, C. Donald Sinclair, “Social And Enviromental Disclosure And Corporate Characteristics: A Research Note And Extensionâ€, Journal Of Bussiness Finance And Accounting. 327-356, 2001
Haniffa dan Cooke, “The impact of culture and governance on corporate social reporting, Journal of Accounting and Public Policy 24 : 391 – 430, 2005
Handoko, Yuanita, “Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Pengungkapan Corporate Social Responsibility Dan Good Corporate Governance Sebagai Variabel Pemoderasiâ€, Gunadarma University E-Paper, Jakarta, 2010
Hilman, Muti Sophira dan Ellia Kristiningrum, “Kajian Manfaat Penerapan ISO 14001 pada 12 Perusahaanâ€, Jurnal Standarisasi Vol. 10 No.3, 2008
Indriantoro, Nur, Bambang Supomo, “Metodologi Penelitian Bisnis Untuk Akuntansi & Manajemenâ€, BPFE, Yogyakarta, 2002
International Organization Of Standard, “ISO 14001:2004 International Standard: Enviromental Management System – Requirementsâ€, 2004
Kartini, Dwi, “Corporate Social Responsibility: Transformasi Konsep Sustainability Management dan Implementasi di Indonesiaâ€, Refika Aditama, Bandung, 2009
Keown, Arthur J et al, “Manajemen Keuangan: Prinsip dan Penerapan Edisi X terjemahanâ€, Indeks , Jakarta, 2008
Keys, J. B., & Biggs, W. D., “A review of business games. In J. W. Gentry (Ed.), Guide to business gaming and experiential learning (pp. 48-73,. East Brunswick, NJ: Nichols/GP Publishing, 1990
Markus L., “Eco-efficiency creating more value with less impactâ€, World Business Council For Sustainable Development, 2000
Murwaningsari, Etty, “Hubungan Corporate Governance, Corporate Social Responsibilies dan Corporate Financial Performance Dalam Satu Continuum. Jurnal Onlineâ€, Puslit Petra, Diakses pada tanggal 23 Januari 2012. 2010
Owen, David L., “Recent developments in European social and environmental reporting and auditing practice –A critical evaluation and tentative prognosis, Research Paper Series International Centre for Corporate Social Responsibility ISSN 1479-512â€,. Nottingham University Business School, United Kingdom. 2003
Plumlee, Marlene, Darrell Brown, R. Scott Marshall, “Voluntary Environmental Disclosure Quality and Firm Value: Further Evidenceâ€, 2010. Diakses pada http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1744114 tanggal 30 Maret 2012
Rakhiemah, Adilla Noor, Agustia, Dian, “Pengaruh Kinerja Lingkungan terhadap Corporate Social Responsibility (CSR) Disclosure dan Kinerja Finansial Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesiaâ€, Simposium Nasional Akuntansi XII. Palembang, 4-6 November 2009
Rudito, B., Famiola, M., “Etika Bisnis dan Tanggung Jawab Sosial Perusahaan di Indonesiaâ€, Edisi 1, Penerbit Rekayasa Bisnis, 2007
Rustiarini, Ni Wayan, “Pengaruh Corporate Governance Pada Hubungan Corporate Social Responsibily dan Nilai perusahaan†Simposium Nasional Akuntansi XIII Purwokerto, 2010
Santosa, Purbayu Budi, Ashari, “Analisis Statistik Dengan Menggunakan Microsoft dan SPSSâ€, Penerbit Andi, Semarang, 2005
Sarwono, Jonathan, “Analisis Jalur Untuk Riset Bisnis dengan SPSSâ€, Penerbit Andi, Yogyakarta, 2007
Sekretariat PROPER Kementerian Lingkungan Hidup, Laporan Hasil Peringkat Kinerja perusahaan Dalam Pengelolaan Lingkungan Hidup Proper 2008-2009, 2009
Suratno, Ignatius Bondan, dkk, “Pengaruh Enviromental Performance terhadap Enviromental Disclosure dan Economic Performance (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Jakarta Periode 2001-2004)â€, Simposium Nasional Akuntansi 9. Padang (23-29 Agustus 2006), 2006
Suratno, Ignatius Bondan et all, “Pengaruh Enviromental Performance Terhadap Enviromental Disclosure dan Economic Performance (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Jakarta Periode 2001-2004â€, Jurnal Riset Akuntansi Vol.10 No.2, Jakarta, 2007
Thavikulwat, Precha, “Determining The Value Of A Firmâ€, evelopments in Business Simulation and Experiential Learning, Volume 31, Towson University, 2004
The Corporate Social Responsibility Newswire Corporate, “Social Responsibility Press Releasesâ€, diakses melalui http://www.csrwire.com/categories/23-Corporate-Social-Responsibility/press_releases pada tanggal 20 Januari 2012
Timbul, Ucok Saut, Widyo Nugroho, “Analisis Pengaruh EVA, ROA, ROE dan Persentase Kepemilikan Modal Saham Asing Terhadap Harga Saham Perbankan di Bursa Efek Indonesiaâ€, 2010. diakses melalui Error! Hyperlink reference not valid.
Titisari, Kartika Hendra, Eko Suwardi, dan Doddy Setiawan, “Corporate Social Responsibilityâ€, Simposium Nasional Akuntansi XIII Purwokerto, 2010
WBCSD 1998, “Corporate Social Responsibility: Meeting Changing Expectationsâ€. ’Diakses melalui http://www.wbcsd.org/ DocRoot/hbdf19Txhmk 3kDxBQ DWW/CSRmeeting.pdf pada 12 Januari 2012
Wirakusuma , Ni Wayan Yuniasih Made Gede, “Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Pengungkapan Corporate Social Responsibility Dan Good Corporate Governance Sebagai Variabel Pemoderasi†AUDI Jurnal Akuntansi Dan Bisnis (Online)- Volume 1, Universitas Udayana Bali, 2009. diakses melalui Error! Hyperlink reference not valid. pada tanggal 20 Maret 2012
Yakovleva, Natalia, “Corporate Social Responsibility In The Mining Industry, Ashgate Publishing Limitedâ€, 2005
_______, “Kajian Tentang Pedoman Good Corporate Governance Di Negara-Negara Anggota ACMFâ€, Kementerian Keuangan Republik Indonesia Badan Pengawas Pasar Modal Dan Lembaga Keuangan, Jakarta, 2010
DOI: https://doi.org/10.47007/jeko.v4i1.1025
Refbacks
- There are currently no refbacks.
Lembaga Penerbitan Universitas Esa Unggul
Jalan Arjuna Utara No 9 Kebon Jeruk Jakarta 11510
Telp : 021 5674223 ext 266
email : [email protected]
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.