SUSTAINABILITY IN THE ENERGY SECTOR: UNRAVELING THE EFFECTS OF REPORTING, LEVERAGE, AND ACTIVITY ON FINANCIAL PERFORMANCE

Authors

  • Noni Maharani Politeknik Negeri Batam
  • Sugeng Riadi Politeknik Negeri Batam

Keywords:

sustainability report, leverage, activity, financial performance

Abstract

This research explores how sustainability reporting—measured by the GRI Standard—along with Leverage, represented by the Debt-to-Equity Ratio, and activity, indicated by Total Asset Turnover, influences company performance as reflected in Return on Assets. The study focuses on companies within the energy sector included in the LQ45 index of the Indonesian Stock Exchange, utilizing a sample of 30 data points throughout the observation period. A purposive sampling method was employed to select the sample based on specific criteria. Utilizing multiple linear regression analysis and SPSS 22 for data testing, the findings reveal that while sustainability reporting and Leverage do not significantly impact company performance, the activity variable positively correlates with financial performance.

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Published

2024-12-15

How to Cite

Maharani, N., & Riadi, S. (2024). SUSTAINABILITY IN THE ENERGY SECTOR: UNRAVELING THE EFFECTS OF REPORTING, LEVERAGE, AND ACTIVITY ON FINANCIAL PERFORMANCE . Prosiding Konferensi Riset Akuntansi Riau, 2(1), 40–50. Retrieved from https://prosiding.konrariau-iaikapd.web.id/index.php/konra/article/view/29