Abstract :
The aim of the study to determine the differences between company?s financial performance
before and after announcement within ISRA during the period 2008 ? 2011 by using approach
quantitative descriptive. The data used by researchers is financial performance with probability
ratio as ROA and ROE. The research sample were 25 companies announcement in Indonesian
Sustainability Reporting Award on 2008 ? 2011 listed in Indonesia Stock Exchange. The test
used in research were analysis descriptive, One Way Kolmogrov-Smirnov, and Paired Sample
Test by using SPSS 19. The result of the study show that there are not differences in financial
performance (using ROA and ROE as proksi of financial performance) between before and
afterannouncement within ISRA during the period 2008 ? 2011
Keywords : Indonesia Sustainability Reporting Awards (ISRA), Return On Asset, Return On
Equity.