This study examined the relationship between environmental
performance and financial performance amongst Indonesian companies. The
environmental performance is measured by corporate environmental ratings
provided by Bapedal/ the Ministry of Environment RI, through a program, called
PROPER, while the financial performance is measured by return on assets
(ROA). Some control variables are also included in this analysis, namely: total
sales, industry sector, stock exchange listing, and ISO 14001 certification. The
study revealed while financial performance is not significantly associated with
environmental performance, company size, stock exchange listing and ISO
14001 are significantly associated with environmental performance. This finding
also indicates that the government environmental rating is highly consistent
with international environmental certification.

Creator(s)

• SUSI SARUMPAET

Contributor(s)

-

Publisher

Universitas Kristen Petra; 2005

Language

English

Category

jou – Journal

Sub Category

-

Source

Jurnal Akuntansi dan Keuangan Vol. 7, No. 2, Nopember 2005: 89- 98; Susi Sarumpaet (NA00000427)

Subject(s)

• CORPORATIONS-FINANCE

File(s)

• jiunkpe-ns-jou-2005-na00000427-7815-environmental-resource1.pdf