Effect of Financial Performance, Company Size, and Share Ownership on Environmental Performance in Mining Companies on the Indonesia Stock Exchange

Abstract

This study aims to determine the effect of financial performance, company size, and share ownership on environmental performance based on the Environmental Performance Assessment Program in Environmental Management (PROPER) on mining companies listed on the Indonesia Stock Exchange (BEI) from 2012 to 2016. This study uses a quantitative method. The population in this study were 41 mining sector companies listed on the Stock Exchange and the number of samples in this study was 36 selected using the purposive sampling method. The hypothesis in this study was tested using multiple linear regression. The results of this study indicate that profitability and company size has a significant influence on PROPER-based environmental performance, while liquidity and stock ownership do not significantly influence PROPER-based environmental performance