Correllation Beetween Cash Flows and Corporate Sustainable Performance : ASEAN Evidence

Penulis

  • Che Manisah Mohd Kasim Universiti Selangor, MALAYSIA
  • Marhaendra Kusuma Universitas Islam Kadiri, INDONESIA
  • Ririn Andriana STIE Mahardhika Surabaya, INDONESIA

Abstrak

The reason for the importance of testing the effect of cash flows on corporate sustainable performance is as evidence of whether cash availability has an impact on ESG performance as a proxy for corporate sustainable performance. The data for this study come from financial reports and ESG scores of financial sector companies in Indonesia, Malaysia, Singapore, the Philippines and Thailand, a sample of 156 companies, for the period 2019 - 2022 with observation data of n = 624. Hypothesis testing with multiple linear regression analysis. The results of the study indicate that cash flows have a significant positive effect on corporate sustainable performance, meaning that cash availability affects the company's ability to finance activities related to the environment, social, and governance. The implication of this study is as an addition to the academic literature that cash flows have a significant positive effect on corporate sustainable performance.

Diterbitkan

2024-11-15

Cara Mengutip

Kasim, C. M. M., Kusuma, M., & Andriana, R. (2024). Correllation Beetween Cash Flows and Corporate Sustainable Performance : ASEAN Evidence. Proceeding ICAMEKA: International Conference Accounting, Management & Economics Uniska, 1(1), 960. Diambil dari https://icamekaproceedings.fe.uniska-kediri.ac.id/index.php/icameka/article/view/80

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