The Effect of ESG Disclosure, Firm Size, and Sales Growth on the Financial Performance of LQ45 Companies

Abstract

Nowadays , the company Performance Yes No Longer Only Measured Even if it's just for profit , Also Through That Application Of 3 pillars Basic principles Environmental , Social and Governance ( ESG ). Other Hand , internal points Such as company Scale versus Sales Growth Also Influence Financial Performance , but Previous Research has shown Inconsistencies : This study aims to empirically analyze the influence of ESG disclosure, Firm Size, and sales growth . Financial Performance LQ45 index of Companies For 2020-2024 period . Usage Software Using 12 quantitative measures . Methods Using panel data regression on 115 observations , the researchers Found No ESG disclosure Positive Impact on short - term profits . Conversely, the company  Size versus Sales Growth was shown . To Have a positive attitude . Financial impact Performance : Together , these things Three Variables Positive A company was influenced. Financial Performance .