The Effect of Carbon Emissions Disclosure on Investor Reaction
Keywords:
Carbon Emissions Disclosure, Investor Reaction, Climate ChangeAbstract
This study aims to examine the effect of Carbon Emissions Disclosure on Investor Reaction. Investor Reaction is measured using Cumulative Abnormal Return and 5 (five) items from the Global Reporting Initiative (GRI) 305: Emissions 2016 as part of the 300 series (environmental aspects) of GRI Standards for Carbon Emissions Disclosure. The research sample consist of 123 non-financial sector companies listed on the Indonesia Stock Exchange (IDX) for the 2022-2024 period, selected through purposive sampling. The analytical method used is panel data regresion which was processed using Eviews 12. The results of this study indicate that Carbon Emissions Disclosure has a significant effect on Investor Reaction.
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