Performance Of Mining Companies Research Articles

STAKEHOLDER PRESSURE MODERATES ENVIRONMENTAL, SOCIAL, GOVERNANCE (ESG) DISCLOSURE ON FIRM PERFORMANCE

This research aims to analyze the impact of Environmental, Social, and Governance (ESG) disclosure on the performance of mining companies, moderated by stakeholder pressure. The research data was obtained from 72 mining companies listed on the Indonesia Stock Exchange (IDX) for the period 2020-2023. The analysis techniques used are panel data regression and moderated panel data regression. The results of the study show that environmental and governance disclosure positively affects the performance of mining companies. This means that the higher the quality of environmental and governance disclosure, the better the company's performance. However, social disclosure does not show a significant effect on company performance. The findings of this study also indicate that stakeholder pressure does not moderate the relationship between Environmental, Social, and Governance (ESG) disclosure and the performance of mining companies. This means that the pressure from stakeholders is not sufficient to strengthen or weaken the relationship between Environmental, Social, and Governance (ESG) disclosure and company performance. The results of this research provide important implications for mining companies, investors, and regulators. For mining companies, it is important to improve the quality of environmental and governance disclosure to enhance company performance. For investors, it is important to consider Environmental, Social, and Governance (ESG) disclosure in investment decision-making. For regulators, it is important to strengthen regulations related to Environmental, Social, and Governance (ESG) disclosure and increase oversight of mining companies.

Analysis of CEO Characteristics on the Performance of Indonesian Mining Sector Companies

National Energy Policy (KEN) and the Paris Agreement are a step in the energy transition in Indonesia towards the use of new and renewable energy. The government is committed to reducing greenhouse gas (GHG) emissions using new and renewable energy. Therefore, research related to the performance of mining sector companies is interesting because the performance of mining companies is one of the keys to the success of the government in implementing KEN. The method used in this research is descriptive quantitative through the application of panel data regression models to be able to analyze the characteristics of company CEOs in the mining sector. The result of the research is that the panel data model can provide an overview which is then analyzed for the relationship between CEO characteristics and company performance in the Indonesian mining sector. This study found that CEO's work experience and CEO's Strength and CEO's level of education did not significantly influence the performance of mining sector companies in Indonesia.

Pengukuran Kinerja Keuangan Dengan Rasio Arus Kas Pada Perusahaan Pertambangan yang Terdaftar di BEI

This research was conducted to determine the financial performance of mining companies listed on the Indonesia Stock Exchange in 2017-2019. Mining companies were selected for research because this industry was not included in the business fields that were reported to support the Indonesian economy in 2019, especially with the outbreak of the Covid-19 pandemic. The high death rate and the rapid spread of this virus have made policies from the government, including limiting activities both domestically and internationally. Even some import-export destination countries have locked down, which of course will affect the productivity and financial performance of the mining industry. From a population of 47 mining companies, only 10 companies met the criteria and were selected as samples. The type of data used is quantitative data. Secondary data sources. Financial performance is measured using a cash flow ratio consisting of 5 liquidity ratios and 2 flexibility ratios. The results showed that based on the cash flow ratio, the majority of mining companies did not have good performance and were still below the standard. Of the eight ratios, only the cash coverage ratio is the most achievable by mining companies. The value of the cash flow ratio of mining companies has decreased during the Covid-19 pandemic.

The influence of dividend policy on the performance of mining companies: corporate governance as a moderating variable

The mining industry is an important industry for the central government as a source of funds to finance the country's development. Therefore, the performance of companies in this industry has been being an interest of academics and practitioners. However, less attention has been given to the role of corporate governance in moderating the relationship between dividend policy and performance. with the uniqueness of Indonesia's corporate governance system, this study will enrich the dividend policy and corporate governance literature. This study aims to investigate the corporate governance role in moderating the relationship between dividend policy and performance. Besides, this study also looks at the effect of dividend policy and performance. with a final sample of 21 companies for 3 years, we use the Moderated Regression Analysis (MRA) Before the regression run, we conduct several analyses, such as normality. The means score of each variable Return On Assets, Dividend Payout Ratio, Public Ownership, Company Age, and Company size hows that 4.77%, 32%, 29.6%, 23 years, and Rp. 13,6 T. Testing the first hypothesis in this study shows that the dividend payout ratio is accepted in a positive direction, the second hypothesis is Public Ownership, Company Age, Company Size, is rejected and the third hypothesis is Return On Assets is accepted at 10%. The interaction of dividend policy and corporate governance on performance is explained by agency theory. In practice, companies must implement corporate governance effectively.

Hubungan Current Ratio, Struktur Modal, dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan Pertambangan yang Terdaftar di BEI Periode 2014-2016

<em>This study aims to find out and to analyze the Current Ratio, Capital Structure, and Corporate Size partially affect the Financial Performance of Mining Companies listed on the Indonesian Stock Exchange (BEI) in the period 2014-2016. The sample used is 120 financial statements of mining companies listed in BEI. The method used in sampling is purposive sampling. Data is collected by downloading, recording, researching, and copying information relating to the issues discussed in the study. Data analysis using descriptive statistics, classical assumption test, and multiple linear regression analysis, t-test, and coefficient of determination (R<sup>2</sup>). The results of this study indicate that current ratio and the size of the company does not affect on financial performance of mining companies on BEI in the 2014-2016, while the capital structure has a significant effect on the financial performance of mining companies on the company’s financial performance.</em>

PENGARUH PENGUNGKAPAN BIAYA LINGKUNGAN SESUAI PSAK 33 DAN PERATURAN PEMERINTAH NOMOR 78 TAHUN 2010 TERHADAP KINERJA KEUANGAN

This study aims to examine the effect of disclosure of environmental costs according to IAS 33 and Government Regulation No. 78 of 2010 again shows the financial performance of mining companies listed on the Indonesia Stock Exchange (IDX). There are four independent variables in this study, the disclosure of the costs of stripping activity, environmental management activities due to production, environmental management activities due to exploration and evaluation, and reclamation of closure, and the dependent variable is Return On Investment. The sample used in this study. The total sample of this research is 12 companies. The existing data were analyzed by using multiple linear regression with panel data approach using Eviews 9. The result of hypothesis testing showed that there was significant significant influence between stripping activity and environmental management activity due to production to financial performance (Return On Investment). There is no influence between environmental management activities due to exploration and evaluation, and the closure of reclamation to financial performance (Return On Investment). F-test results revealed that the expenditure of stripping activity (X1), environmental management activities due to production (X2), environmental management activities due to exploration and evaluation (X3), and reclamation closure (X4) simultaneously have a significant effect on Return On Investment.

The Determinants of Company Response to Environmental Regulation

The impact of governmental regulatory action on the economic performance of mining companies has been the focus of a great deal of attention by industry commentators and academic scholarship alike. The influence of environmental regulation on the strategic objectives of mining firms is less well understood, however. This article investigates what influences the way mining companies react to environmental approvals regulation. It presents the results of a recent cross‐national survey of Australian and Canadian mining companies into the effect of a range of possible determinants on company response to environmental approvals regulation. Possible influences included both external pressures (stakeholder pressure, jurisdictional culture and market characteristics) and internal pressures (organizational culture, organizational learning, the influence of individuals within firms and company size). While cross‐national comparison revealed some differences with respect to the influence of particular pressures, on balance the results suggest that for mining companies in both countries, internal pressures exert the greatest influence on company response. These results contradict a prevailing view in the literature, which suggests that external factors, particularly stakeholder groups, exert the most influence on the environmental responses of firms. The article concludes that the existing emphasis on external pressures to explain corporate environmental behaviour should be supplemented by a focus on the internal dynamics of firms.