The effect of profitability, carbon emissions disclosure, sustainability reporting, and green accounting on the firm value of Indonesia energy companies
Pengaruh profitabilitas, pengungkapan emisi karbon, laporan keberlanjutan, dan akuntansi hijau terhadap nilai perusahaan sektor energi Indonesia
Keywords:
Carbon Emissions, Firm Value, Sustainability DisclosureAbstract
This study examines the effects of profitability, carbon emissions disclosure, sustainability reporting, and green accounting on the firm value of energy sector businesses listed on the Indonesian Stock Exchange (IDX). We employed linear regression analysis with panel data from 16 different companies. These samples were selected using a purposive sampling approach, and 80 were evaluated. The findings indicate that the disclosure of sustainability reports and green accounting notably impact firm value. However, disclosure of carbon emissions does not affect firm value. Firm value is significantly determined by profitability. The study's findings emphasize the importance of openness and social accountability through sustainability reports and green accounting, offering valuable stakeholder insights.
Abstrak
Penelitian ini menelaah pengaruh pengungkapan emisi karbon, pengungkapan laporan keberlanjutan, akuntansi hijau, dan profitabilitas terhadap nilai perusahaan untuk bisnis sektor energi yang terdaftar antara tahun 2020 dan 2023 di Bursa Efek Indonesia (BEI). Penelitian ini menggunakan metode regresi data panel. Sampel terdiri dari 16 perusahaan yang dipilih melalui pendekatan purposive sampling, dengan total 80 sampel. Hasil penelitian menunjukkan bahwa pengungkapan laporan keberlanjutan dan green accounting berdampak signifikan kepada nilai perusahaan, akan tetapi pengungkapan emisi karbon tidak berdampak yang sama. Nilai perusahaan secara signifikan dipengaruhi oleh profitabilitas. Temuan penelitian ini menunjukkan pentingnya keterbukaan dan tanggung jawab sosial melalui laporan keberlanjutan dan green accounting, yang menawarkan informasi penting bagi stakeholder.
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