ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations

The purpose of this research is to investigate how implementing Environmental, Social, and Governance (ESG) in a planned, measured, and sustainable manner might improve the performance of the OJK in Indonesia. A quantitative technique is used in this associative research. The quantitative approach f...

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Main Authors: Anggi Pratiwi Sitorus, Saparuddin Siregar, Nurlaila
Format: Article
Language:English
Published: Muhammadiyah University Press 2024-01-01
Series:Riset Akuntansi dan Keuangan Indonesia
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Online Access:https://journals2.ums.ac.id/index.php/reaksi/article/view/2932
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author Anggi Pratiwi Sitorus
Saparuddin Siregar
Nurlaila
author_facet Anggi Pratiwi Sitorus
Saparuddin Siregar
Nurlaila
author_sort Anggi Pratiwi Sitorus
collection DOAJ
description The purpose of this research is to investigate how implementing Environmental, Social, and Governance (ESG) in a planned, measured, and sustainable manner might improve the performance of the OJK in Indonesia. A quantitative technique is used in this associative research. The quantitative approach focuses on the numerical measurement of study variables and data analysis using static processes and systematic modelling to investigate parts, phenomena, and relationships. From the beginning to the end, this quantitative research method is specific and well-planned. In environmental, social and governance (ESG) performance was found to be positively correlated with financial success among companies included in the Jakarta Islamic Index Indonesia (JII). Although the leadership quality of companies listed on JII is positively correlated with environmental and social performance, this quality is not significantly correlated with governance performance. The presence of the leadership variable as a variable that moderates ESG disclosure on enhancing firm financial performance as evaluated by the capped free float index or the weight of company shares listed on the Jakarta Islamic Index is novel in this study.
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institution DOAJ
issn 2541-6111
language English
publishDate 2024-01-01
publisher Muhammadiyah University Press
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series Riset Akuntansi dan Keuangan Indonesia
spelling doaj-art-1a450fa1dd564a69876dca6c396defed2025-08-20T02:40:15ZengMuhammadiyah University PressRiset Akuntansi dan Keuangan Indonesia2541-61112024-01-018335737410.23917/reaksi.v8i3.29322942ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable OrganizationsAnggi Pratiwi Sitorus0Saparuddin Siregar1Nurlaila2Universitas Islam Sumatera UtaraUniversitas Islam Sumatera UtaraUniversitas Islam Sumatera UtaraThe purpose of this research is to investigate how implementing Environmental, Social, and Governance (ESG) in a planned, measured, and sustainable manner might improve the performance of the OJK in Indonesia. A quantitative technique is used in this associative research. The quantitative approach focuses on the numerical measurement of study variables and data analysis using static processes and systematic modelling to investigate parts, phenomena, and relationships. From the beginning to the end, this quantitative research method is specific and well-planned. In environmental, social and governance (ESG) performance was found to be positively correlated with financial success among companies included in the Jakarta Islamic Index Indonesia (JII). Although the leadership quality of companies listed on JII is positively correlated with environmental and social performance, this quality is not significantly correlated with governance performance. The presence of the leadership variable as a variable that moderates ESG disclosure on enhancing firm financial performance as evaluated by the capped free float index or the weight of company shares listed on the Jakarta Islamic Index is novel in this study.https://journals2.ums.ac.id/index.php/reaksi/article/view/2932disclosure, environmental, governance, jakarta islamic index, social
spellingShingle Anggi Pratiwi Sitorus
Saparuddin Siregar
Nurlaila
ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations
Riset Akuntansi dan Keuangan Indonesia
disclosure, environmental, governance, jakarta islamic index, social
title ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations
title_full ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations
title_fullStr ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations
title_full_unstemmed ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations
title_short ESG Disclosure Model and Financial Performance: ThThe Mediating Role of Leader Exemplarity in Sustainable Organizations
title_sort esg disclosure model and financial performance ththe mediating role of leader exemplarity in sustainable organizations
topic disclosure, environmental, governance, jakarta islamic index, social
url https://journals2.ums.ac.id/index.php/reaksi/article/view/2932
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AT saparuddinsiregar esgdisclosuremodelandfinancialperformanceththemediatingroleofleaderexemplarityinsustainableorganizations
AT nurlaila esgdisclosuremodelandfinancialperformanceththemediatingroleofleaderexemplarityinsustainableorganizations