The Effect of Environmental Performance and Agency Cost on Financial Performance

Lestari Augustin; Viona Anjelia; Yenny Hirmaleny; Suripto Suripto

doi:10.37641/jiakes.v12i5.2850

The Effect of Environmental Performance and Agency Cost on Financial Performance

Authors

Lestari Augustin Department of Accounting, Universitas Pamulang; Tangerang Selatan, Indonesia
Viona Anjelia Department of Accounting, Universitas Pamulang; Tangerang Selatan, Indonesia
Yenny Hirmaleny Department of Accounting, Universitas Pamulang; Tangerang Selatan, Indonesia
Suripto Suripto Department of Accounting, Universitas Pamulang; Tangerang Selatan, Indonesia

DOI:

https://doi.org/10.37641/jiakes.v12i5.2850

Keywords:

Environmental Performance, Agency Cost, Financial Performance, Panel Data Regression

Abstract

This study examines the impact of environmental performance and agency cost on financial performance. The population of this study consists of manufacturing companies listed on the Indonesian Stock Exchange (BEI) from 2018 to 2022. A total of 162 observations from 27 companies were obtained using purposive sampling. The study employs a quantitative approach and uses panel data regression analysis with E-Views 10 software. The results show that environmental performance and agency cost have a simultaneous impact on financial performance. However, environmental performance does not have a significant impact on financial performance, while agency cost does. The study recommends that companies pay attention to agency cost to maintain their financial performance.

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Published

2024-10-01

How to Cite

Augustin, L., Anjelia, V., Hirmaleny, Y., & Suripto, S. (2024). The Effect of Environmental Performance and Agency Cost on Financial Performance. Jurnal Ilmiah Akuntansi Kesatuan, 12(5), 677–684. https://doi.org/10.37641/jiakes.v12i5.2850