PENGARUH SUSTAINABILITY REPORT, INTELLECTUAL CAPITAL DAN CREDIT RISK TERHADAP KINERJA KEUANGAN PERUSAHAAN FINTECH DI INDONESIA
インドネシアのフィンテック企業におけるサステナビリティ報告、知的資本、信用リスクが財務業績に与える影響 (AI 翻訳)
Ghina Muthmainnah Zain, Umi Widyastuti, Dicky Iranto
🤖 gxceed AI 要約
日本語
インドネシア証券取引所に上場するデジタルバンキング（フィンテック）企業13社を対象に、サステナビリティ報告、知的資本、信用リスクが財務業績（ROA）に与える影響をパネルデータ回帰で分析。サステナビリティ報告と信用リスクは有意な影響を与えず、知的資本と企業規模がROAに正の影響を与えることを示した。資産軽量型のデジタルバンキングでは、知識管理とアルゴリズム技術の効率性が競争優位の源泉であると示唆。
English
This study analyzes the impact of sustainability reporting, intellectual capital, and credit risk on financial performance (ROA) of 13 digital banking (fintech) firms listed on the Indonesia Stock Exchange from 2019-2024 using panel data regression. Results show sustainability reporting and credit risk have no significant effect, while intellectual capital and firm size positively affect ROA. In asset-light digital banking, knowledge management and algorithmic efficiency drive profitability more than environmental compliance.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
インドネシアのフィンテックに焦点を当てた研究であり、日本のGX文脈とは直接的な関連は薄いが、サステナビリティ報告の財務業績への影響を検証する手法は、日本企業の開示実務において参考になる。特に、資産軽量型ビジネスモデルにおけるESG情報の価値関連性を示唆しており、日本でもフィンテックやデジタルサービス企業の開示戦略に示唆を与える。
In the global GX context
This study contributes to the global discourse on the value relevance of sustainability reporting, particularly in the fintech sector. It challenges the assumption that sustainability reporting directly improves financial performance, suggesting that in asset-light digital businesses, intellectual capital and technology efficiency matter more. This has implications for ISSB and CSRD implementation in emerging markets, where digital banking is growing rapidly.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the financial materiality of sustainability reporting in the fintech sector, useful for studies on ESG disclosure value relevance.
🏢実務担当者:Highlights that for digital banking firms, intellectual capital and technology efficiency may be more critical than sustainability reporting for financial performance, informing resource allocation.
🏛政策担当者:Suggests that sustainability reporting mandates may not directly enhance financial performance in asset-light sectors, prompting consideration of sector-specific disclosure frameworks.
📄 Abstract（原文）
This research aims to examine and analyze the effect ofSustainability Report (SR), Intellectual Capital (VAIC), and CreditRisk (NPL) on Financial Performance (ROA) with Firm Size as acontrol variable in digital banking companies (Fintech) listed onthe Indonesia Stock Exchange (IDX) for the 2019–2024 period. Thesampling technique used in this research is purposive sampling,obtaining a final sample of 13 companies and a total of 78 balancedpanel data observations. Data analysis was conducted using thepanel data regression method connected to the FeasibleGeneralized Least Squares (FGLS) model. Based on a series ofstatistical tests, the research results show that SustainabilityReport and Credit Risk have no significant effect on FinancialPerformance. On the other hand, Intellectual Capital and Firm Sizeare proven to have a positive and significant effect on FinancialPerformance (ROA). Implicatively, in the digital banking industrywhich has an asset-light structure, efficiency in managingknowledge and algorithmic technology is the main driver of profitcreation and competitive advantage compared to environmentalcompliance or traditional credit risk exposure.Keywords: Sustainability Report, Intellectual Capital, Credit Risk,Financial Performance, Digital Bank.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.5281/zenodo.21391094first seen 2026-07-18 06:26:56 · last seen 2026-07-18 06:28:21
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。