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September 10, 2025MAKSIMUMOpen Access

Evaluating Financial Performance Based On Environmental Performance, Environmental Costs, and Environmental Disclosure

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Quantitative analysis shows environmental disclosure enhances financial performance in companies, suggesting stakeholder confidence is crucial.

Environmental disclosure improves financial performance in listed companies, revealing its positive impact.
The study employs multiple linear regression analysis, showing limited effects from environmental performance and costs.
Aligning corporate activities with societal norms supports long-term financial stability according to legitimacy theory.
The findings highlight the need for increased awareness and investment in environmental initiatives to maximize financial benefits.

Safitri et al. (2024) studied this question.

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Quantitative analysis shows environmental disclosure enhances financial performance in companies, suggesting stakeholder confidence is crucial.