The role of green investment and corporate social responsibility investment on sustainable performance

Autor: Maya Indriastuti, Anis Chariri
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Cogent Business & Management, Vol 8, Iss 1 (2021)
Druh dokumentu: article
ISSN: 2331-1975
23311975
DOI: 10.1080/23311975.2021.1960120
Popis: Studies on green investment and corporate social responsibility (CSR) investment has been conducted by some researchers in the current and future trends of sustainable development. Many of them have focused on the relationship between CSR and financial performance, but only a few have examined how green investment, CSR investment, and sustainability are related to each other. Sustainable performance is based on three aspects: people-planet-profit, or also what is known as the triple bottom line concept. The sample for this study consisted of 132 manufacturing companies listed in the Indonesia Stock Exchange from 2016 to 2019. This study found that green investment and CSR investment positively affect financial performance and sustainable performance. Meanwhile, the financial performance has an insignificant effect on sustainable performance. Besides, financial performance cannot mediate the effect between green investment and CSR investment on sustainable performance.
Databáze: Directory of Open Access Journals
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