Environmental Performance, the Role of Sustainable Development, and Board Diversity on Debt Costs in State-Owned Enterprises

Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 08

Abstract

The purpose of this study was to see the effect of the things above and then the variables used in this study were independent variables consisting of environmental performance, sustainable development, and diversity of the board which is a novelty from previous research studies. While the dependent variable is the cost of debt. This research was conducted by collecting data from 23 state-owned companies in Indonesia that were listed on the Indonesia Stock Exchange over a period of 10 years (2013-2022). Then the result of corporate environmental performance is negative with the Cost of Debt, Corporate Sustainable is positively significant with the Cost of Debt, Corporate Sustainable with Corporate Environmental Performance is positively significant with the Cost of Debt, and Board Diversity is negative with the Cost of Debt.

Authors and Affiliations

Nandha Pangestu, Jainal Abidin Turnip, Rohayati, Farah Margaretha Leon

Keywords

Related Articles

The Influence of Human Resource Quality on Tourism Competitiveness in the Kalibukbuk Tourism Area

The human development index is used to calculate welfare by using various indicators as benchmarks, such as health, education, community income, expenditures, and living conditions. Welfare has evolved into an important...

The Effect of Entrepreneurship Education, Motivation, and Interest on Entrepreneurship Mental Attitude of Economic Education Students of Jambi University

This study aims to determine the effect of entrepreneurship education, entrepreneurial motivation, and entrepreneurial interest on the entrepreneurial mental attitude of students of Economics Education, University of Jam...

Rest Area Arrangement to Support Religious Tourism of Mount Kawi, Kebobang Village, Wonosari District, Malang Regency

Wonosari Village, Wonosari District, is located in Gunung Kawi, Malang Regency, which has an area of 4500 ha, with a population of 700,000. It is part of the Malang Regency with a distance of ± 30 km from Malang City. th...

The Impact of Infrastructure Development on Economic Growth Regencies/Cities in West Nusa Tenggara Province 2014-2023

This study aims to analyze the impact of infrastructure development on economic growth. The development of infrastructure will be explored in the form of road infrastructure, education infrastructure, health infrastructu...

The Control and Analysis of Hidden Performance Costs as a Result of Traffic Jam in Kampala Capital City

Hidden costs represent the economic impacts of dysfunctions that disrupt the management and functioning of companies and organizations in terms of working conditions, work organization, communication-coordination-consult...

Download PDF file
  • EP ID EP727269
  • DOI 10.47191/jefms/v6-i8-07
  • Views 39
  • Downloads 0

How To Cite

Nandha Pangestu, Jainal Abidin Turnip, Rohayati, Farah Margaretha Leon (2023). Environmental Performance, the Role of Sustainable Development, and Board Diversity on Debt Costs in State-Owned Enterprises. Journal of Economics, Finance and Management Studies, 6(08), -. https://europub.co.uk/articles/-A-727269