The Influence of Environment Management Control System on Capital Structure Decisions and Their Implications on Company Performance
Erdy Damanik (a) Sulaeman Rahman Nidar(b), Harry Suharman (c), Mokhamad Anwar (d)

Faculty of Business, Padjadjaran University, 40135, Indonesia

Abstract

The studi is aim to examina the effect of Environmental Managemen Control System (EMCS) to Capital Structure Decisions and Company Performance of coal minning industry in Indonesia. This study used quantitative research with sample size 35 company and PLS was used to measured hypothesis. Environmental Management Control Systems (EMCS) and Capital structure Decision have a direct and indirect influence on company performance. Performance improvement will be even better if the Environmental Management Control System (EMCS) is able to encourage sound capital structure decisions. This finding has implications for the management of the coal mining industry in Indonesia in order to improve company performance by encouraging Capital structure Decision through Environmental Management Control System (EMCS).

Keywords: Environmental Management Control System (EMCS)- Capital structure Decision- Coal minning

Topic: Economics