This case study discusses the effect of Environmental Disclosure (EVN), Social Disclosure (CSR), Governance Disclosure (CG) and Environmental, Social, Governance (ESG) disclosure on company performance, using control variables including asset turnover and asset growth. The variables that will be used in this study are the dependent variable (Return on Assets), independent variables (ESG disclosure, EVN disclosure, CSR disclosure, and Corporate Govenance Disclosure), and control variables (asset turnover and asset growth). The population in this sample will use manufacturing companies listed on the Indonesia Stock Exchange with a range of 2016-2020. Samples will be taken by purposive sampling method. Based on purposive sampling, it was found that there were 25 manufacturing companies listed on the IDX (2016-2020) that had complete data. The data analysis method used in this research is multiple regression analysis. In addition, this research also uses statistical techniques to test the hypothesys proposed in this study, namely panel data using SPSS. This study found that overall ESG Disclosure has a significant positive effect on company performance and CSR Disclosure has a significant negative effect on company performance.

<p>Sebagai negara dengan perekonomian berbasis bank, stabilitas industri perbankannya menjadi hal yang sangat penting bagi Indonesia. Penentuan faktor apa yang mempengaruhi profitabilitas bank belum dapat dipastikan, oleh karena itu penelitian ini dilakukan.   Penelitian ini bertujuan untuk melihat dampak determinan internal bank dan determinan makroekonomi pada indikator profitabilitas yaitu <em>return on asset</em> (ROA) dan <em>rasio net interest margin</em> (RNIM). Penelitian ini berfokus pada pengaruh determinan internal bank (<em>Liquidity</em>, <em>Leverage</em>, CAR, dan NPL) dan faktor makroekonomi (PDB, Inflasi, dan BI Rate). Yang membedakan penelitian ini dengan sejenis adalah pada penelitian ini ingin melihat variabel fundamenl atau makroekonomi yang lebih mempengaruhi profitabilitas bank. Sampel penelitian mencakup bank-bank Indonesia terpilih dan analisis empiris mencakup periode 2015-2019.   Dengan menggunakan metode <em>Pooled Least Square</em> (PLS) untuk memperkirakan model profitabilitas, dengan (ROA) dan RNIM sebagai variabel dependen. Hasilnya menunjukkan pengaruh positif <em>Liquidity</em>, <em>Capital Adequacy Ratio</em> (CAR), dan Inflasi terhadap ROA dan RNIM. Kemudian, <em>Leverage</em> berpengaruh positif hanya pada ROA, dan <em>Non-Performing Loan</em> (NPL) berpengaruh negatif hanya terhadap ROA.</p><p><em>As a country with a bank-based economy, the banking industry is very important for Indonesia. Determining what factors affect bank profitability cannot be ascertained, therefore this research was conducted. This study aims to examine the impact of bank internal determinants and macroeconomic determinants on profitability indicators, namely return on assets (ROA) and net interest margin ratio (RNIM). This study focuses on the influence of the bank's internal determinants (Liquidity, Leverage, CAR, and NPL) and macroeconomic factors (GDP, Inflation, and BI Rate). What distinguishes this research from other types of research is that this research wants to see the fundamental or macroeconomic variables that influence bank profitability more. The research sample includes selected Indonesian banks, and the empirical analysis covers the 2015-2019 period. By using the Pooled Least Square (PLS) method to estimate the profitability model, with (ROA) and RNIM as dependent variables. The results show the positive effect of Liquidity, Capital Adequacy Ratio (CAR), and Inflation on ROA and RNIM. Then, Leverage only has a positive effect on ROA, and Non-Performing Loans (NPL) only has a negative effect on ROA.</em></p>

<p><span>Penelitian ini bertujuan untuk menganalisis pengaruh likuiditas, debt to equity ratio, dan ukuran perusahaan terhadap return saham. Populasi yang digunakan dalam penelitian ini adalah seluruh perusahaan yang terdaftar di Bursa Efek Indonesia tahun 2020. Setelah melalui metode purposive sampling terdapat 16 perusahaan yang diperoleh sebagai sampel dari indeks SRI-Kehati selama tahun 2012-2018. Teknik analisis data yang digunakan adalah analisis jalur, versi luas dari regresi linier berganda dan menggunakan alat analisis SPSS versi 23. Hasil penelitian menunjukkan bahwa current ratio dan firm size berpengaruh negatif tidak signifikan terhadap return saham, debt to equity ratio dan ROA berpengaruh positif signifikan terhadap return saham. Rasio lancar dan DER berpengaruh signifikan negatif terhadap ROA, sedangkan ukuran perusahaan berpengaruh signifikan positif terhadap ROA. Sedangkan ROA tidak berpengaruh memediasi hubungan current ratio dan debt to equity ratio terhadap return saham, tetapi ROA berpengaruh memediasi hubungan ukuran perusahaan dengan return saham.</span></p><p><span><em>This study aims to analyze the effect of liquidity, debt to equity ratio, and firm size on stock return. Current ratio used as a proxy from liquidity and ROA were used as proxy from profitability. The population that was used in this research consisted of all listed firms in Indonesia Stock Exchange 2020. After passed the purposive sampling method there were 16 firms obtained as samples from SRI-Kehati index during 2012-2018. The data analysis technique is path analysis, the wide version from multiple linear regression. The result of this research showed that current ratio and firm size have negatively non significant impact on stock returns, debt to equity ratio and ROA have positively significant impact on stock returns. Current ratio and debt to equity ratio have a negatively significant effect on ROA, while firm size has positively significant impact on ROA. Meanwhile, ROA doesn t have impact on mediating relation of current ratio and debt to equity ratio to stock returns, but ROA have an impact on mediating relation of firm size to stock returns.</em></span></p>