Pengaruh Environment, Social, dan Governance (ESG) terhadap nilai perusahaan pada sektor pertambangan yang terdaftar di ESG Leaders Indonesia Periode 2017-2022
DOI:
https://doi.org/10.26740/jim.v13n1.p166-180Keywords:
environment score, ESG combined score, firm value, governance score, social scoreAbstract
This research aims to identify the factors influencing firm value in mining companies listed on the Indonesia ESG Leader from 2017 to 2022. The independent variables employed in this study include environment score, social score, governance score, and ESG combined score. Using purposive sampling, this research sample comprises 7 mining companies listed on the Indonesia ESG Leader from 2017 to 2022. Panel data regression serves as the data analysis technique employed in this research. The results of this research state that the variables environment score, social score, governance score, and ESG combined score do not influence company value. This research implies the decline in company consistency in implementing ESG values because it is too expensive and requires a long time to feel the impact, so companies are expected to maintain consistency in reporting ESG values to gain support from consumers and investors.
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