Pengaruh Pengungkapan ESG, Kinerja Lingkungan, dan Biaya Lingkungan terhadap Net Profit Margin (NPM) pada Perusahaan Sektor Energi yang Terdaftar di Bursa Efek Indonesia Periode 2022–2024
ESG開示、環境パフォーマンス、環境コストが純利益率（NPM）に与える影響：インドネシア証券取引所上場エネルギーセクター企業（2022-2024年） (AI 翻訳)
Mariska Putri Tarigan, Fitrini Mansur, Muhammad Gowon
🤖 gxceed AI 要約
日本語
本研究は、インドネシアのエネルギー企業におけるESG開示、環境パフォーマンス、環境コストが純利益率（NPM）に与える影響を分析。結果、ESG開示と環境パフォーマンスはNPMに影響しないが、環境コストは負の影響を与えることがわかった。同時分析でも負の効果が確認された。
English
This study examines the impact of ESG disclosure, environmental performance, and environmental costs on net profit margin (NPM) for energy sector firms in Indonesia. Findings show that ESG disclosure and environmental performance do not affect NPM, while environmental costs have a significant negative effect. Jointly, the three factors negatively influence NPM.
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
インドネシア市場を対象としており、日本のGX実務への直接的な示唆は限定的。ただし、東南アジアのESG開示と収益性の関係を理解する参考資料として有用。
In the global GX context
This paper adds to the global literature on ESG and financial performance, focusing on an emerging market (Indonesia). It highlights that environmental costs directly reduce profitability, a finding relevant for firms balancing sustainability investments and financial returns.
👥 読者別の含意
🔬研究者:Provides empirical evidence on ESG-profitability nexus in an Indonesian context, useful for comparative studies.
🏢実務担当者:Highlights that environmental costs can negatively affect net profit margin, informing cost management in sustainability initiatives.
🏛政策担当者:Suggests that mandating ESG disclosure alone may not directly impact profitability; environmental cost implications need consideration.
📄 Abstract（原文）
This study aims to determine the effect of ESG Disclosure, Environmental Performance, and Environmental Costs on the Negative Net Profit Margin (NPM) of Energy Sector Companies Listed on the Indonesia Stock Exchange for the 2022-2024 Period. The data used in this study consists of secondary data obtained from annual reports and company sustainability reports. The analysis tool used is SPSS 31 software to view the results partially and simultaneously. The results show that ESG Disclosure does not affect Net Profit Margin (NPM). Likewise, environmental performance does not show a effect on Net Profit Margin (NPM). Meanwhile, environmental costs show an negative effect on Net Profit Margin (NPM). Simultaneously, ESG disclosure, environmental performance, and environmental costs have a negative effect on Net Profit Margin (NPM). The results show that when environmental costs are high, the Net Profit Margin (NPM) value decreases, and vice versa. Meanwhile, ESG disclosure and environmental performance do not have a significant impact on Net Profit Margin (NPM). This research contributes to company management and stakeholders in understanding the impact of environmental costs on profitability as reflected in the Net Profit Margin (NPM) return on assets ratio and provides insight in decision making.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.54066/jura-itb.v4i2.3873first seen 2026-05-26 04:59:02 · last seen 2026-06-15 05:27:31
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