PENGARUH PENGUNGKAPAN SUSTAINABILITY REPORT, LEVERAGE DAN GROWTH OPPORTUNITY TERHADAP PROFITABILITAS PERUSAHAAN (Studi Empiris pada Perusahaan Indeks Saham Sri Kehati yang Tercatat di Bursa Efek Indonesia Tahun 2017-2021)

Abstract

This study aims to determine the effect of disclosure of sustainability reports, leverage, and growth opportunities on company profitability (ROA). The sample used is a company with the Indonesian Biodiversity Sustainable and Responsible Investment (SRI) stock index (KEHATI) for the 2017-2021 research period. The sample selection technique uses a purposive sampling method so that 9 samples of companies are obtained and the type of data used is secondary data taken from the Indonesia Stock Exchange. The analytical method uses multiple linear regression using the Eviews-12 program. The results of the study show that environmental performance, economic performance, social performance in sustainability reports, and growth opportunities have no effect on profitability (ROA proxy). Meanwhile, leverage has a significant negative effect on profitability (ROA proxy). And the results of the determinant value (R²) in this study amounted to 57.98%, meaning that sustainability reports, leverage, and growth opportunities contributed 57.98% to profitability (ROA proxy) and the remaining 42.08% was explained by other variables not used in this study.