Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
September 10, 2025Journal of Lifestyle and SDGs ReviewOpen Access

ESG and Company Size: the Key to Increasing Profitability in the Indonesian Capital Market, Aligned with SDGs Principles

View Full Paper
Ask AI
Bookmark
Share

Authors

ASAstuti Yuli SetyaniEIEty Istriani

Discussion

Loading...

Member takes

Implication

Observational analysis reveals ESG Score does not significantly influence financial performance in Indonesia, highlighting company size's negative impact on profitability.

Key Points

  • The ESG Score does not show a statistically significant effect on financial performance in Indonesian companies.
  • Company size negatively impacts the return on assets (ROA), challenging the assumption that larger firms always perform better financially.
  • The study analyzes data from financial reports on the Indonesia Stock Exchange from 2019 to 2023, using multiple regression analysis.
  • These findings underscore the importance of company size in promoting sustainable economic growth aligned with the Sustainable Development Goals.

Cite This Study

Setyani et al. (2025) studied this question.

synapsesocial.com/papers/68c1d5ef54b1d3bfb60f8b02https://doi.org/10.47172/2965-730x.sdgsreview.v5.n07.pe06735
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1ESG Disclosure and Financial Performance: The Moderating Role of Firm Size in Indonesian Banking Sector2025 · 4 citations
  2. 2The Effect Of Environmental Social Governance (ESG) Disclosures On Financial Performance In Companies Listed On The Indonesia Stock Exchange2024 · 1 citations
  3. 3Unlocking the Power of ESG: How ESG Scores Drive Firm Performance (ROE) with Firm Size as a Key Moderator : Evidence from Southeast Asia2025 · 1 citations
  4. 4The Influence of Environmental, Social, and Governance (ESG) on Corporate Financial Performance2025 · 1 citations
  5. 5The Role of ESG, Fundamental Factors, and Market Perception on Financial Performance: Evidence from LQ45 Firms in Indonesia2025 · 1 citations