The Effect of Company Performance and Sustainability Report on Company Value in Tourism, Hotel, and Restaurant Sub-Sector Companies Listed on the Indonesia Stock Exchange

Ni Luh Komang Puspita Sari; Ni Made Sri Rukmiyati; Ni Luh Riska Yusmarisa

doi:10.55927/fintech.v4i2.231

Authors

Ni Luh Komang Puspita Sari Bali Tourism Polytechnic
Ni Made Sri Rukmiyati Bali Tourism Polytechnic
Ni Luh Riska Yusmarisa Bali Tourism Polytechnic

DOI:

https://doi.org/10.55927/fintech.v4i2.231

Keywords:

Sustainability Report, ESG, Company Performance, TATO, Company Value

Abstract

For the years 2021–2024, this research looks at the IDX and how the value of tourist, hotel, and restaurant enterprises is affected by their sustainability and performance reports. Quantitative methods were used to gather secondary data using purposive sampling approaches. IBM SPSS Statistics 29 was used for multiple linear regression analysis. The research found that firm performance significantly affects company value, in contrast to sustainability reports, which had a favorable but insignificant influence. Investors are proven to consider operational performance more than sustainability disclosures. The implication is that companies must optimize their operations and increase the credibility of sustainability reports to boost investor confidence. Future research is suggested to extend the period, expand the sector, and add relevant variables.

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