SKRIPSI DIGITAL
The Influence of Environmental, Social, and Governance (ESG) and CSR Expenditure on Financial Performance Moderated by CEO Power in Indonesian Mining Companies = The Influence of Environmental, Social, and Governance (ESG) and CSR Expenditure on Financial Performance Moderated by CEO Power in Indonesian Mining Companies
The Indonesian mining sector plays a vital role in the national economy. However, it faces significant challenges such as corruption, environmental degradation, and social unrest. This study aims to examine the impact of ESG and CSR expenditure on the financial performance of mining companies in Indonesia, with particular attention to the moderating effect of CEO Power. This research adopts an explanatory quantitative approach, using purposive sampling to select 10 mining companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period, resulting in 50 observations (10 companies × 5 years). The findings reveal that ESG and CSR expenditure positively influence financial performance. Moreover, CEO Power strengthens the relationship between ESG and financial performance but does not moderate the relationship between CSR expenditure and financial performance. The results highlight that effective ESG implementation can improve financial performance and attract more investors. CSR expenditures, however, must be carefully allocated to maximize benefits for both companies and society. The role of CEOs in ESG-related strategic decision-making is crucial, particularly for leaders with a long-term vision. Nevertheless, the effectiveness of CSR on financial performance is not necessarily dependent on CEO Power. Therefore, companies should establish governance mechanisms that ensure the sustainability of CSR programs regardless of leadership changes.
Keywords: ESG; CSR Expenditure; Financial Performance; CEO Power
Tidak tersedia versi lain
Karya Umum 
Filsafat 
Agama 
Ilmu-ilmu Sosial 
Bahasa 
Ilmu-ilmu Murni 
Ilmu-ilmu Terapan 
Kesenian, Hiburan, dan Olahraga 
Kesusastraan 
Geografi dan Sejarah