Pengaruh Ukuran Perusahaan, Leverage, Pengungkapan Lingkungan, dan Kinerja Lingkungan pada Nilai Perusahaan

Abstract

This study aims to obtain empirical evidence regarding the influence of company size, leverage, environmental disclosure, and environmental performance on the value of the company in the LQ45 Index Companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The sampling method used is purposive sampling. Data analysis techniques using the Multiple Linear Regression test. The results of this study indicate that company size and environmental disclosure have a negative and not significant effect on firm value. This means that the size of the company does not affect the value of the company. Leverage and environmental performance have a positive and significant effect on firm value. This means that the better the environmental performance achieved by the company, the higher the value of the company.
 Keywords: Company Size; Leverage; Environmental Disclosure; Environmental Performance; The Value Of The Company.

Leverage, Kepemilikan Manajerial, Kinerja Lingkungan dan Nilai Perusahaan: Studi Empiris pada Perusahaan Manufaktur di Indonesia

“…Nilai perusahaan sangat penting bagi perusahaan, karena maksimalisasi nilai perusahaan berarti memaksimalkan kemakmuran pemegang saham yang merupakan tujuan utama perusahaan (Wirawati et al, 2020). Menurut CNBC Indonesia, 27 februari 2020 menyatakan kapitalisasi sektor manufaktur raib sebesar Rp 309 triliun, dimana salah satu sektor dari 10 sektoral di BEI yang mengalami koreksi dalam hari ini adalah sektor manufaktur yang terkoreksi 2,16%.…”

Beyond profit: How ESG performance influences company value across industries?

“…Stakeholder theory outlines a company's obligations to various parties instrumental to its operation (Wirawati et al, 2020). Stakeholders, characterized as entities influencing or being influenced by a company's goals, are classified as internal or external (Gregory et al, 2014).…”

“…This study draws upon Stakeholder Theory, which elucidates the parties to whom a company is responsible (Wirawati et al, 2020). Stakeholders, comprising both individuals and groups, play a significant role in influencing and being influenced by the achievement of an organization's goals.…”