International Journal of Business and Management Review (IJBMR)

EA Journals


The Influence of Energy Consumption on Company’s Carbon Emissions; Is GCG Capable of Reducing The Carbon Emissions, Research on State-Owned Enterprises in Indonesia (Published)

The escalating global temperature resulting from climate change demands urgent attention. Carbon gas pollution, a leading contributor to climate change, induces a greenhouse gas effect. This study aims to assess the influence of Energy Consumption on Carbon Emissions generated by companies. Additionally, it explores the relationships between Carbon Emissions and other variables, including Good Corporate Governance (GCG) practices, Profitability, Size, and Debt Ratios of companies, utilizing an analytical framework model for regression analysis. The research relies on data extracted from annual and sustainability reports of 31 State-Owned Enterprises (BUMN) in Indonesia spanning the years 2018 to 2022. The findings underscore that GCG Practices, Debt Ratios, Size, and Energy Consumption exert a direct impact on environmental performance. In contrast, Profitability does not demonstrate a direct influence on the magnitude of Carbon Emissions produced. The empirical evidence indicates uncertainty in the results when compared with other studies examining factors influencing company performance.


Keywords: Energy consumption, GCG., Leverage, Profitability, Size, carbon emissions

The Effect of Leverage and Sales Growth On Profit Management with Good Corporate Governance as A Moderation Variable (Published)

The purpose of this study is to discover: (1) The Effect of Leverage on Profit management; and (2) The Effect of Sales Growth on Profit management. (3) The effect of leverage on profit management with good corporate governance as a moderating variable; (4) The influence of sales growth on profit management with good corporate governance as a moderating variable. This study focused on consumer goods businesses listed on the Indonesia Stock Exchange between 2016 and 2020. Purposive sampling is employed as the sampling method, with 26 companies serving as the research sample. The panel data regression model with the Common Effect Model (CEM) approach is used in this study for hypothesis testing, and the Moderated Regression Analysis (MRA) model is used for evaluating the moderating variable. The Eviews application version 12 is used to analyze the data from both models. The findings indicate that leverage has a strong favorable impact on profit management. While Sales Growth has no discernible impact on Profit management. Meanwhile, while good corporate governance can moderate the impact of leverage on profit management, good corporate governance cannot moderate the impact of sales growth on profit management.

Keywords: Good corporate governance, Leverage, Profit Management, sales growth

Scroll to Top

Don't miss any Call For Paper update from EA Journals

Fill up the form below and get notified everytime we call for new submissions for our journals.