Carbon Emission Reduction’s Impact on a Company’s Performance

DOI

10.2991/aebmr.k.200915.059How to use a DOI?

Keywords

carbon emission, financial performance, company’s performance

Abstract

This study explores carbon emission reduction’s impact on a company’s performance in Indonesia. The examples are seven companies that were publicly listed between 2008 and 2013. Carbon emission is the independent variable and financial performance (ROA, ROS, ROE) is the dependent variable. Therefore, this study discovered reducing carbon emission reduction substantially affected ROS and ROE, although ROA wasn’t affected. When it comes to ROA, that’s probably because the capital expenditure intensity which occurs with carbon emission investment into the production process is low. This study is valuable because stakeholders can benchmark as well as evaluate the company’s performance based on laws, code, norms, and their performance benchmarks. Additionally, stakeholders may do a comparison of that performance inside the company as well as with other companies over a specific timeframe. It is additionally valuable as a vital means to take part and converse with additional businesses as well as the local populations. The study topic is very new in both Indonesia and worldwide. Furthermore, this issue ought to inspire companies to be better aware of the type of environment which is going to affect that company’s performance long range.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Syuangelia Octaceria
AU  - Liana Rahardja
PY  - 2020
DA  - 2020/09/15
TI  - Carbon Emission Reduction’s Impact on a Company’s Performance
BT  - Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)
PB  - Atlantis Press
SP  - 257
EP  - 262
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200915.059
DO  - 10.2991/aebmr.k.200915.059
ID  - Octaceria2020
ER  -