PENGARUH MANAJEMEN RISIKO DAN PROFITABILITAS TERHADAP KEBERLANJUTAN PERUSAHAAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN MANUFAKTUR SUB INDUSTRI TEKSTIL DI BURSA EFEK INDONESIA 2019-2023

Abstract

The perpetuation of corporate existence, often encapsulated under the rubric of corporate sustainability, constitutes an intricate endeavor by enterprises to preserve their operational perpetuity through the orchestration of economic constancy, socio-ethical compliance, and ecological equilibrium. This scholarly pursuit endeavors to disentangle the interrelated dynamics between risk containment stratagems and fiscal lucrativeness in shaping sustainability trajectories, wherein the volumetric magnitude of the enterprise is conjectured to serve as a conditional inflection point. The empirical substratum for this analysis is delineated by a finite cohort of 14 textile-manufacturing conglomerates inscribed within the annals of the Indonesia Stock Exchange (IDX) throughout the 2019–2023 temporal interval, of which a mere 11 entities conformed to the methodologically prescriptive inclusion criteria. Methodological exposition employed Structural Equation Modeling (SEM), operationalized through the WarpPLS 7.0 computational apparatus. The inferential upshot of this investigation evinced that both prudential risk articulation and profitability indexes exert a salutary and statistically corroborated influence upon the sustainability schema, while firm magnitude demonstrably modulates said relational nexus with a discernible degree of conditionality