The Effect of Institutional Share Ownership, Ownership Structure, and Corporate Social Responsibility on Environmental Sustainability in Energy Companies in Indonesia

Authors

  • Loso Judijanto IPOSS Jakarta, Indonesia
  • Mazayatul Mufrihah Universitas Tanjungpura
  • Harlen Silalahi Universitas Mandiri Bina Prestasi (UMBP) Medan
  • Berlin Barus Universitas Mandiri Bina Prestasi

DOI:

https://doi.org/10.58812/wsshs.v2i02.678

Keywords:

Environmental Sustainability, Corporate Social Responsibility, Institutional Share Ownership, Ownership Structure, Energy Companies in Indonesia

Abstract

This research investigates the complex interplay between institutional share ownership, ownership structure, corporate social responsibility (CSR), and environmental sustainability in the context of Indonesian energy companies. A quantitative analysis utilizing structural equation modeling was employed to analyze data from a sample of 150 energy firms. The results reveal significant positive relationships: higher levels of CSR, increased institutional share ownership, and a more concentrated ownership structure are associated with improved environmental sustainability practices. These findings contribute to the understanding of the factors shaping environmental responsibility in the Indonesian energy sector, offering practical insights for companies and policymakers.

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Published

2024-02-28

How to Cite

Judijanto, L., Mufrihah, M., Silalahi, H., & Barus, B. (2024). The Effect of Institutional Share Ownership, Ownership Structure, and Corporate Social Responsibility on Environmental Sustainability in Energy Companies in Indonesia. West Science Social and Humanities Studies, 2(02), 305–314. https://doi.org/10.58812/wsshs.v2i02.678

Issue

Vol. 2 No. 02 (2024): West Science Social and Humanities Studies

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Articles

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Copyright (c) 2024 Loso Judijanto, Mazayatul Mufrihah, Harlen Silalahi, Berlin Barus

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