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MEDIA EXPOSURE AS A GAME CHANGER: PANEL DATA ANALYSIS OF SUSTAINABILITY IMPACT ON FIRM VALUATION Vanisa Ratna Sari; Hanifah, Umi; Suhatmi, Erna Chotidjah
Berkala Akuntansi dan Keuangan Indonesia Vol. 10 No. 2 (2025): Berkala Akuntansi dan Keuangan Indonesia
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/baki.v10i2.74142

Abstract

This study analyzes the impact of Carbon Emission Disclosure (CED), Carbon Performance (CP), and Green Intellectual Capital (GIC) on firm value, with Media Exposure (ME) acting as a moderating variable. The research focuses on energy companies listed on the Indonesia Stock Exchange (IDX) during the 2021-2024 period. Using panel data analysis, the Random Effect Model (REM) was identified as the most appropriate model after conducting Chow, Hausman, and Lagrange Multiplier tests, as well as classical assumption tests (normality, multicollinearity, heteroscedasticity, and autocorrelation). The findings indicate that CED, CP, and GIC significantly influence firm value. However, Moderated Regression Analysis (MRA) revealed that ME only moderates the relationship between GIC and firm value, failing to moderate the effects of CED and CP. This suggests that media coverage concerning a company's green innovations and sustainability practices effectively enhances investor visibility and understanding of intangible assets, thereby contributing to positive perception and increased confidence.
Pengaruh Covid 19 Terhadap Pemenuhan Kebutuhan Primer Dan Peluang Usaha Di Kecamatan Polanharjo Suhatmi, Erna Chotidjah; Gunaningrat, Rayhan; Karisma, Arya; Rahmawati, Melisa Ari
JISIP: Jurnal Ilmu Sosial dan Pendidikan Vol 5, No 2 (2021): JISIP (Jurnal Ilmu Sosial dan Pendidikan)
Publisher : Lembaga Penelitian dan Pendidikan (LPP) Mandala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58258/jisip.v5i2.1962

Abstract

This research to determine the effect of Covid 19 on meeting primary needs and business opportunities. The data were collected using a questionnaire taken from 100 respondents. Based on the results of data quality tests and classical assumption tests, it is followed by a linear regression test to determine the value of t, F and determination. Based on the results of the determination test that the primary fulfillment and business opportunities contributed to the impact of the disaster by 0.828 or 82.80% . while the remaining 7.2% was influenced by other variables outside the model. Testing of each variable is based on the value of t count> t table. The t table value is 0.676, based on the test results it is known that the X1 value of 2.388 means that the impact of the disaster affects the fulfillment of primary needs, with a t table value of 2.388 means the value of t count> table or 2.388> 0.676. Meanwhile, based on the test results it is known that the value of X2 is 11.997, which means that the impact of the disaster has an effect on business opportunities, with a t table value of 11.997, which means the value of t count> table or 11.997> 0.676. Meanwhile, simultaneously the impact of the disaster affects the fulfillment of primary needs and business opportunities. This can be seen based on the calculated F value> F table, the F table value 3.09 while the F count value 233.433.