DAMPAK ESG DISCLOSURE TERHADAP FIRM VALUE

Chintia Fitriani

Abstract


The aim of this study is to find empirical evidence can explain how environmental, social, and governance disclosures affect firm value. This study shows that it is possible to support the legitimacy theory and the stakeholder theory, two related theories that have been offered in the past. The manufacturing enterprises that are listed on Bloomberg and IDX and that have gotten a PROPER evaluation from the Ministry of Environment between 2014 and 2019 comprise the study's population. 47 observational data were acquired using a purposive sampling strategy. The results of this study show that social and environmental disclosure have an impact on firm value, while governance disclosure has no impact.

Keywords: Social Disclosure, Environmental Disclosure, Governance Disclosure and Firm Value.


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References


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