The Influence of Sustainability Report Disclosure, Earnings Management, and Cash Flow Turnover on Financial Performance in Manufacturing Companies
Pengaruh Pengungkapan Sustainability Report, Manajemen Laba, dan Perputaran Arus Kas terhadap Kinerja Keuangan pada Perusahaan Manufaktur
DOI:
https://doi.org/10.21070/ups.12428Keywords:
Sustainability Report, Earnings Management, Cash Flow Turnover, Financial Performance, ROAAbstract
Financial performance can be influenced by information disclosure, earnings management, and cash management effectiveness. This study examines the effect of Sustainability Report disclosure, earnings management, and cash flow turnover on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange during 2022–2024. This research uses a quantitative approach with secondary data obtained from annual reports. The sample was selected using purposive sampling, resulting in 300 observations. Data were analyzed using multiple linear regression with SPSS, while the Cochrane-Orcutt method was applied to address autocorrelation. The results show that Sustainability Report disclosure has a positive and significant effect on financial performance. Earnings management has a positive and significant effect on financial performance. However, cash flow turnover does not significantly affect financial performance. These findings provide evidence regarding factors influencing financial performance and contribute to understanding the roles of sustainability disclosure, earnings management, and cash flow turnover in manufacturing companies.
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