Economics, Econometrics and Finance, Business, Management and Accounting, Economics, Econometrics and Finance, Business, Management and Accounting
2
Scopus Publications
121
Scholar Citations
6
Scholar h-index
5
Scholar i10-index
Scopus Publications
ESG implementation and its effect on financial performance: Focusing on sustainable financial strategies of green companies in Indonesia Shafitranata, Liza Alvia, Rahmawati Azizah Environmental Economics, 2026 Type of the article: Research ArticleAbstractThis study examines the effect of ESG reporting on the financial performance of green companies listed in Indonesia between 2020 and 2024, totaling 85 companies with 425 observations. Using ESG scores and corporate financial data from Bloomberg, three panel models were estimated: a random-effects model for ROA, a fixed-effects model for ROE, controlling for size, leverage, growth, and cash flow, and a test for sectoral differences between energy and non-energy companies. The results indicate that governance scores are positively associated with ROA (β = 0.011, p = 0.092), whereas ESG scores are weakly positively associated with ROA (β = 0.020, p = 0.080). Environmental and social scores are not statistically significant to ROA or ROE. For ROE, firm size is the main significant predictor (β = 2.126, p = 0.042). The results observe significant differences between the energy and non-energy sectors, with the energy sector reporting higher financial performance after controlling for ESG. Finally, this study indicates that ESG reporting policies that promote good governance can yield faster returns to shareholders.AcknowledgmentThis study was supported by the Ministry of Research, Technology, and Greater Education and Al-Madani School of Economic Sciences. 
DEA on Islamic Banking: A Bibliometric Study and Critical Perspective Library Philosophy and Practice, 2021
RECENT SCHOLAR PUBLICATIONS
Pengaruh E-Trust, E-Satisfaction, dan E-Service Quality Terhadap E-Loyalty Bank BSI Bandar Lampung F Fajarwati, S Shafitranata, AY Lesmana, R Azizah Journal of Innovation, Finance, Management, and Accounting 2 (1), 45-56 , 2026 2026
Analisis Faktor-Faktor yang Menentukan Minat Generasi Z Menggunakan PayLater pada Aplikasi Shopee di Provinsi Lampung S Hidayanti, R Octavia, SP Sari, S Shafitranata Journal of Innovation, Finance, Management, and Accounting 2 (1), 33-44 , 2026 2026
Dampak Organizational Citizenship Behavior, Job Insecurity, dan Role Overload terhadap Intensi Turnover Karyawan Generasi Z di Provinsi Lampung AP Selfiani, R Azizah, R Octavia, S Shafitranata Journal of Innovation, Finance, Management, and Accounting 2 (1), 21-31 , 2026 2026
Peran Content Marketing, Information Quality, dan E-Service Quality dalam Memengaruhi Customer Engagement Pengguna TikTok Shop di Lampung A Nuraini, S Shafitranata, R Octavia, R Azizah Journal of Innovation, Finance, Management, and Accounting 2 (1), 57-68 , 2026 2026 Citations: 1
Peran Brand Image sebagai Moderasi pada Celebrity Endorser terhadap Keputusan Pembelian di Media Sosial Instagram MU Chandra, AW Madyoningrum, AY Lesmana, S Shafitranata Journal of Innovation, Finance, Management, and Accounting 2 (1), 83-96 , 2026 2026
ESG implementation and its effect on financial performance: Focusing on sustainable financial strategies of green companies in Indonesia S Shafitranata, L Alvia, R Azizah Environmental Economics 17 (1), 12-24 , 2026 2026 Citations: 1
Factors Affecting the Stability of Financial Banking System in Indonesia S Shafitranata, AY Lesmana Nominal: Barometer Riset Akuntansi dan Manajemen 14 (2), 179-193 , 2025 2025 Citations: 1
The INFLUENCE OF FINANCIAL LITERACY, MOTIVATION, AND SOCIAL ENVIRONMENT ON SAVING DECISIONS: PENGARUH FINANCIAL LITERACY, MOTIVATION, DAN SOCIAL ENVIRONMENT TERHADAP KEPUTUSAN … R Gusmirah, SP Sari, S Shafitranata Journal of Innovation, Finance, Management, and Accounting 1 (1), 21-37 , 2025 2025
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The (The Influence of Intellectual, Emotional Intelligence and Organizational Trust Moderated by Spiritual Intelligence on Employee Performance (Case Study at the Global Madani … AW Madyoningrum, RA MT, S Shafitranata JWM (JURNAL WAWASAN MANAJEMEN) 13 (1), 16-35 , 2025 2025 Citations: 1
UANG. DARI MANA ASALNYA? CARA KERJA DAN PENGELOLAANNYA M Awaloedin, E Kartini, AP Aslam, IAS Brahmayanti, Y Pujiharti, ... Penerbit Tahta Media , 2025 2025
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FINANCIAL DISTRESS PADA BANK SYARIAH DI INDONESIA DAMPAK PANDEMI COVID 19 DAN RESESI EKONOMI S Shafitranata, R Octavia Proceeding of LP3I National Conference of Vocational Business and Technology … , 2023 2023
Pengaruh rasio keuangan terhadap financial distress perusahaan makanan dan minuman di Indonesia sebelum dan saat Covid-19 S Anisa, S Shafitranata, RA MT, R Octavia Nominal: Barometer Riset Akuntansi Dan Manajemen 12 (2), 166-176 , 2023 2023 Citations: 22
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MOST CITED SCHOLAR PUBLICATIONS
DEA on Islamic Banking: A Bibliometric Study and Critical Perspective AS Rusydiana, R Rahmawati, S Shafitranata Library Philosophy and Practice (ejournal) , 2021 2021.0 Citations: 23
Pengaruh rasio keuangan terhadap financial distress perusahaan makanan dan minuman di Indonesia sebelum dan saat Covid-19 S Anisa, S Shafitranata, RA MT, R Octavia Nominal: Barometer Riset Akuntansi Dan Manajemen 12 (2), 166-176 , 2023 2023.0 Citations: 22
Dampak Covid 19 Terhadap Perubahan Harga Saham Perbankan di Indonesia Sebelum dan Saat Pandemi RS Lorenza, R Octavia, S Shafitranata, AW Madyoningrum Jurnal Akuntansi Keuangan dan Manajemen 4 (1), 43-56 , 2022 2022.0 Citations: 18
Prediction of Islamic Banking Bankruptcy in Indonesia: Comparative Study of Altman Z-Score and Springate Models RC Shafitranata, N Arshed 2020.0 Citations: 14
Pengaruh Reward, Punishment, dan Budaya Organisasi terhadap Kinerja Mitra PT Hannas Fantastic Tour N Aini, S Shafitranata, AW Madyoningrum, R Octavia Reviu Akuntansi, Manajemen, dan Bisnis 3 (2), 151-160 , 2023 2023.0 Citations: 10
The effect of consumer brand engagement on online brand experience and its consequences on banking apps service R Octavia, R Azizah, S Shafitranata Journal of Economics, Business, and Accountancy Ventura 26 (1), 1-10 , 2023 2023.0 Citations: 7
Pengaruh Sales Growth, Likuiditas, dan Aset Tangibility terhadap Struktur Modal C Ananda, AW Madyoningrum, SP Sari, S Shafitranata Studi Akuntansi, Keuangan, dan Manajemen 4 (1), 33-43 , 2024 2024.0 Citations: 6
R., & Octavia, R.(2023). Pengaruh Rasio Keuangan terhadap Financial Distress Perusahaan Makanan dan Minuman di Indonesia Sebelum dan Saat Covid-19. Nominal Barometer Riset … S Anisa, S Shafitranata, MT Azizah Citations: 6
Pengaruh Bauran Pemasaran Jasa Terhadap Kepuasan dan Loyalitas Nasabah Kredit Mikro PT. Bank BJB Bandar Lampung SN Nata Jurnal Ilmiah Mahasiswa Ekonomi Manajemen 4 (2), 362-374 , 2019 2019.0 Citations: 3
Efficiency of Islamic Banks Using Data Envelopment Analysis (DEA) in Indonesia, 2007-2010 S Nata, MN Hosen International Journal of Academic Research in Economics and Management … , 2014 2014.0 Citations: 3
Prediction of Islamic Banking Bankruptcy in Indonesia: Comparative Study of Altman Z-Score and Springate Models. IKONOMIKA: Jurnal Ekonomi Dan Bisnis Islam, 5 (2), 231–248 RC Shafitranata, N Arshed 2020.0 Citations: 2
Peran Content Marketing, Information Quality, dan E-Service Quality dalam Memengaruhi Customer Engagement Pengguna TikTok Shop di Lampung A Nuraini, S Shafitranata, R Octavia, R Azizah Journal of Innovation, Finance, Management, and Accounting 2 (1), 57-68 , 2026 2026.0 Citations: 1
ESG implementation and its effect on financial performance: Focusing on sustainable financial strategies of green companies in Indonesia S Shafitranata, L Alvia, R Azizah Environmental Economics 17 (1), 12-24 , 2026 2026.0 Citations: 1
Factors Affecting the Stability of Financial Banking System in Indonesia S Shafitranata, AY Lesmana Nominal: Barometer Riset Akuntansi dan Manajemen 14 (2), 179-193 , 2025 2025.0 Citations: 1
Financial Distress on Islamic Banks in Indonesia Impact of Covid 19 and Recession S Shafitranata, R Octavia Jurnal Akuntansi Keuangan dan Manajemen 6 (2), 435-449 , 2025 2025.0 Citations: 1
The (The Influence of Intellectual, Emotional Intelligence and Organizational Trust Moderated by Spiritual Intelligence on Employee Performance (Case Study at the Global Madani … AW Madyoningrum, RA MT, S Shafitranata JWM (JURNAL WAWASAN MANAJEMEN) 13 (1), 16-35 , 2025 2025.0 Citations: 1
Pelatihan Menciptakan Peluang Bisnis Melalui Optimalisasi Marketplace di Era New Normal Pandemi Covid 19 AW Madyoningrum, S Shafitranata, R Azizah Journal Of Human And Education (JAHE) 4 (3), 188-191 , 2024 2024.0 Citations: 1
Manajemen Pemasaran F Muafiq, AY Lesmana, HJ Permana, A Rusdiana, C Anam, S Mumu, ... PT. Mifandi Mandiri Digital , 2023 2023.0 Citations: 1
Pengaruh E-Trust, E-Satisfaction, dan E-Service Quality Terhadap E-Loyalty Bank BSI Bandar Lampung F Fajarwati, S Shafitranata, AY Lesmana, R Azizah Journal of Innovation, Finance, Management, and Accounting 2 (1), 45-56 , 2026 2026.0
Analisis Faktor-Faktor yang Menentukan Minat Generasi Z Menggunakan PayLater pada Aplikasi Shopee di Provinsi Lampung S Hidayanti, R Octavia, SP Sari, S Shafitranata Journal of Innovation, Finance, Management, and Accounting 2 (1), 33-44 , 2026 2026.0
