The Effect of Sustainability Report Disclosure and Green Intellectual Capital on Green Firm Value

Authors

  • Desy fitriyani Universitas Jenderal Achmad Yani
  • Siti Kustinah Universitas Jenderal Achmad Yani

Abstract

A company will face ups and downs in company value. In general, companies hope that the value of their company will continue to increase, but in reality, there are still companies that experience a decline. In this case, the main objective of this research is to determine the relationship between sustainability report disclosure and Green Intellectual Capital on Green Firm Value. This research was conducted on energy sector companies listed on the Indonesia Stock Exchange from 2018 to 2022. The data collection technique used was purposive sampling with a total of 12 companies over the 5 years of research. The data analysis technique used in this research is multiple regression analysis. The results of this research show that Sustainability Report Disclosure has a significant effect on Green Firm Value, while Green Intellectual Capital has no effect on Green Firm Value. Simultaneously Sustainability Report Disclosure and Green Intellectual Capital have a significant effect on Green Firm Value

 Keywords: Sustainability Report Disclosure, Green Intellectual Capital, Green Firm Value

References

Affan, M. W., & Wicaksana, K. (2023). The effect of sustainability report disclosure on company value with profitability as a moderating variable. Environmental Issues and Social Inclusion in a Sustainable Era, 2019, 7–15.

cnbcindonesia.com. (2023). Dunia Memanas, Sektor Energi Makin Mengganas! cnbcindonesia.com. https://www.cnbcindonesia.com/research/20230820230910-128-464479/dunia-memanas-sektor-energi-makin-mengganas

Dewi, P. P., & Dewi, K. A. K. (2022). Pengungkapan Sustainability Reporting, Intellectual Capital, dan Nilai Perusahaan. E-Jurnal Akuntansi, 32(12), 3761.

Fanni, A. A., & Fuad, F. (2020). the Influence of Intellectual Capital on Firm Value With Earnings Management As a Moderating Variable: a Study in Financial Service Companies Listed on Indonesia Stock Exchange (Idx). Jurnal Akuntansi Dan Auditing, 16(2), 18–38. https://doi.org/10.14710/jaa.16.2.18-38

Hadiati, M. C., & Wahyudyatmika, M. B. (2023). Examining The Effect of Sustainability Report Disclosure to Firm Value: A Study Based on Listed Public Companies in Indonesia Stock Exchange. Dinasti International Journal of Economics, Finance & Accounting, 4(1), 121–137. https://doi.org/10.38035/dijefa.v4i1.1746

Jabir, M., Rusni, & Tafsir, M. (2022). Pengaruh Profitabilitas, Likuiditas Dan SolvabilitasTerhadap Nilai Perusahaan pada Sektor Energi Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Magister Research, 1, 44–59.

Kurniawan, T., Sofyani, H., & Rahmawati, E. (2018). Pengungkapan Sustainability Report dan Nilai Perusahan: Studi Empiris di Indonesia dan Singapura. Kompartemen: Jurnal Ilmiah Akuntansi, 16(1), 1–20.

Kustinah, S. (2022). Influence Of Intellectual Capital and Managerial Ownership On Sustainability Finance The Influence Of Intellectual Capital and Managerial Ownership On Sustainability Finance. Jurnal Ilmiah Akuntansi dan Keuangan, 5(2), 2022.

Lestari, M. (2023). Pengaruh Green Accounting , Green Intellectualcapital Dan Pengungkapan Corporate Sosial Responsibility ( CSR ). 3(2), 2955–2968.

Mengko, M. H., Budiarso, N. S., & Kalalo, M. Y. B. (2022). The Effect of Sustainability Report Disclosure and Profitability on Firm Value of Listed Companies on the Indonesia Stock Exchange for the 2018-2021 Period. Journal of Governance, Taxation and Auditing, 1(2), 171–177.

Paramita, R., Rizal, N., & Sulistyan, R. (2021). Metode Penelitian Kuantitatif : Buku Ajar Perkuliahan Metodologi Penelitian Bagi Mahasiswa Akuntansi & Manajemen (ketiga).

Pramita, M. et . a. (2021). Pengaruh Pengungkapan Sustainability Reporting dan Intellectual Capital terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia (Bei) Periode Tahun 2014-2019). Pareso Jurnal, 3(1), 173–188.

Pratama, M. F. G. P., Purnamawati, I., & Sayekti, Y. (2019). 12517-349-34293-1-10-20200201 (2). Jurnal Akuntansi Universitas Jember, 17(2), 110–122.

Rilla Gantino, Endang Ruswanti, & Agung Mulyo Widodo. (2023). Green Accounting And Intellectual Capital Effect On Firm Value Moderated By Business Strategy. Jurnal Akuntansi, 27(1), 38–61.

Siregar, N. Y., & Safitri, T. A. (2019). Pengaruh Pengungkapan Enterprise Risk Management , Intellectual Capital, Corporate Social Responsibility, Dan Sustainability Report Terhadap Nilai Perusahaan. Jurnal Bisnis Darmajaya, 5(2), 53–79.

Suganda, T. R. (2018). Event Study : “Teori dan Pembahasan Reaksi Pasar Modal Indonesia.” In Angewandte Chemie International Edition, 6(11), 951–952. (Nomor November).

Sugiyono. (2019). Metode Penelitian Kuantitatif Kualitatif (Sutopo (ed.); Kedua). Alfabeta.

Tanjung, P. R. S., & Wahyudi, S. M. (2019). Analysis the Effect Disclosure of Sustainability Report, Economic Value Added and Other Fundamental Factors of Companies on Company Value. International Journal of Academic Research in Accounting, 9(2), 237–249.

Tonay, C., & Murwaningsari, E. (2022). Pengaruh Green Innovation dan Green Intellectual Capital terhadap Nilai Perusahaan dengan Ukuran Perusahaan sebagai Moderasi. Jurnal Bisnis dan Akuntansi, 24(2), 283–294. https://doi.org/10.34208/jba.v24i2.1484

Ulum MD, I. (2009). Intellectual Capital Konsep dan Kajian Empiris (Pertama). Graha Ilmu.

Wardoyo, D. U., Luthfi Islahuddin, M., Wira, A. S., Safitri, R. G., & Putri, S. N. (2022). Pengaruh Sustainability Report Terhadap Nilai Perusahaan (Studi Perusahaan Non Keuangan dari tahun 2018-2020) Proxy : PBV (Price to Book Value). Jurnal Publikasi Ekonomi dan Akuntansi (JUPEA), 2(2), 161–166.

Additional Files

Published

2024-09-29

Issue

Vol. 7 No. 3 (2024): EAJ (Economics and Accounting Journal)

Section

Articles

License

Copyright (c) 2024 Desy fitriyani

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).

 

<a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/"><img alt="Creative Commons License" style="border-width:0" src="https://i.creativecommons.org/l/by-sa/4.0/88x31.png" /></a><br />This work is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/">Creative Commons Attribution-ShareAlike 4.0 International License</a>.