Pengaruh Biaya Lingkungan, Pengungkapan Lingkungan, dan Struktur Modal terhadap Kinerja Keuangan pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Tahun 2021-2023

Abstract

This study aimed to determine the effect of environmental cost, environmental disclosure, and capital structure toward the financial performance. The population of the study is mining companies listed on Indonesia Stock Exchange in 2021-2023. The sample method is purposive sampling method, so it obtains 27 samples with three years of observation. After data processing, 12 outlier data were identified, resulting in a final sample of 69 data. The data used are secondary data derived from the financial reports. Testing through multiple regression model demonstrate that partially environmental disclosure has a positive effect on financial performance, capital structure has a negative effect on financial performance, and environmental cost has no effect on financial performance. Silmutaneously, independent variables affect the financial performance.