PENGARUH PENGUNGKAPAN ENVIROMENTAL, SOCIAL, GOVERNANCE, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DI BEI

Abstract

This research aims to examine the effect of environmental disclosure, social, governance, and profitability on firm value of companies listed on the Indonesia Stock Exchange.The study applies quantitatively with Energy, basic materials, and financial companies as the population. Furthermore, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 30 companies as the sample. Moreover, the data were in the form of documentation of annual reports and sustainable report analysis. The data analysis technique used multiple linear regression with IBM SPSS Statistics 26.The result shows that environmental disclosure has a positive and significant effect on firm value. However, social disclosure has a negative and significant effect on firm value. Likewise, governance disclosure has a negative and significant effect on firm value. In contrast, profitability has a positive and significant effect on firm value.The research gives an important contribution in understanding the dynamic of ESG and profitability to develop firm value, especially in strategic and relevant sectors with Indonesia sustainability. In addition, these findings are expected to give prestigious insight for other investors and stakeholders.