E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 2, Issue 3, 2022

The Effect of Environmental Performance, Environmental Cost, Implementation of Environmental Management System (ISO 14001) and SDGs Support on Financial Performance of Mining Company in Indonesia Stock Exchange on 2016-2020



Author(s): Jamingatun Hasanah, Suripto, K Bagus Wardianto, Maulana Agung

Abstract:

This research aims to examine the effect of environmental performance, environmental cost, implementation of ISO 14001, SDGs support to the financial performance based on the value of Earning Per Share in mining companies listed in Indonesia Stock Exchange participants from 2016 to 2020. There are four independent variables in this study, environmental performance, environmental cost, ISO 14001, SDGs support, and the dependent variable is the financial performance. The sample in this research using pusposive sampling. Total sample this research are 14 companies. The existing data analyzed using multiple linear regression with panel data approach that using the tool Eviews 12. The results of T-test environmental performance partially have significant effect on the financial performance. Environmental cost, ISO 14001, and SDGs support partially has no significant effect on the financial performance. The results of F-test indicated that simultaneously Environmental Performance (X1), Environmental Cost (X2), ISO 14001 (X3), SDGs Support (X4) has significant effect on the Financial Performance.


Keywords: Environmental Performance, Environmental Cost, Implementation of Environmental Management System (ISO 14001), SDGs Support, Financial Performance

Pages: 491-497

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