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The Influence of Environmental, Social and Governance and the Risk of Financial Information Disclosure on Investment Efficiency in Environmentally Sensitive Industrial Companies in ASEAN 5 Period 2018-2022 Eka Irianingsih; Gatot Nazir Ahmad; Agung Dharmawan Buchdadi
International Journal of Economics, Management and Accounting (IJEMA) Vol. 1 No. 12 (2024)
Publisher : Lafadz Jaya Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ijema.v1i12.134

Abstract

The aim of this research is to examine the effect of Environmental, Social, and Governance (ESG) disclosure and Financial Information Disclosure on Investment Efficiency where the variables used in this research are the dependent variable (Investment Efficiency), the independent variable (ESG and Risk of Financial Information Disclosure) and control variables (Tangible, Leverage, Company Performance). The population in this study are environmentally sensitive industrial companies in ASEAN 5 which have active status and are listed on the Indonesia Stock Exchange (IDX), Singapore Stock Exchange (SGX), Malaysia Stock Exchange (MYX), Philippine Stock Exchange (PSE), and Stock Exchange Thailand (SET) for the period 2018 – 2022. Sampling was carried out by purposive sampling. Based on purposive sampling in sample selection, 250 research samples were obtained for five consecutive years. The findings of this research indicate that Environmental, Social, and Governance (ESG) has no effect on investment efficiency. Meanwhile, the Risk of Financial Information Disclosure has a positive and significant effect on investment efficiency.
Co-Authors A. W. S Waspodo, Agung Adam Zakaria Aditya , Shandy Adler Haymans Manurung Afwan Efendi Albasita Syafna Al'azhary Alessandro Simanihuruk Althafiansyah Rosyidin, Gamma Amalia Amara Husna Amelia Sholeha Anak Agung Alvian Prasetya Putera Andre, Muthia Nabila Andry Priharta Anismadiyah, Vega Atik Widayati Atmadja, Kris Fachuriyanti Ayu Annisa Rahmawati Az-Zahra, Ridya Bima Erlangga Budi Santoso Christian Wiradendi Wolor Danapati, Muhammad Ridho Dara Roswanti Pratami Della Nur Rahmawati, Widya Despinur Dara Destria Kurnianti Dewi Gathmyr Dewi Gathmyr Dewi Susita Dhea Frisca Dicky Iranto Dwi Cahyani Dyan Ameta Purnamasari Efendi, Afwan Eka Irianingsih Eric Hermawan Erlangga, Bima Erlangga Etty Gurendrawati Etty Gurendrawati, Etty Eva Herianti Fadlun A Hamid Fajri Akbar Fath Arif Mukti Sukaeri Fatimah Az-Zahro Febriana, Hadijah Fitriana Puji Astuti Frisca, Dhea Gabriela Melina Widiasih Gatot Nazir Ahmad Hadistira, Valdi Hamid, Fadlun A HAMIDAH Hamidah . Hamidah Hamidah Hamidah, Hamidah Hapzi Ali Harisman Hendri Sucipto I Gusti Ketut Agung Ulupui Ifatuhoriah Yusuf Ika Nur Setiowati Imam Syafii Imelda Sari Indriyanti, Isti Irianingsih, Eka Jerry Jerry Jihannisa Safitri Julita Permata Sari Khairun Nisa Khairun Nisa Krissanya , Nofriska Kus Aprila Manto, Widia M Syaifudin Kafi M. Edo Suryawan Siregar Mahfirah, Titis Fatarina Margie, Lyandra Aisyah Mitha Icha Yanti Tambun Mitsalina Tantri Mohamad Rizan MONICA DEWI Monica Dewi Monica Dewi Muhammad Edo Suryawan Siregar Muhammad Fawaiq Muhammad Fawaiq Muhammad Fawaiq, Muhammad Muhammad Yusuf Muhammad Yusuf Musyaffi, Ayatulloh Michael Nabilla Ramadhani Nabillah Hasna Naily , Mayang Fauny Naramarito Pardede, Wasti Nasrowi Danu Nazir Ahmad, Gatot Nithaqaini Yurasti, Inggih Asma Nofriska Krissanya Novana, Sonya Nurul Febriani, Annisa Obing Zaid Sobir Obing Zaid Sobir Oktafianto, Erlangga Oktariswan, Dony Olaf Ingmar Pebianti, Vina Perdana, Sararya Haikal Prameswari, Rita Prasetya, Budi Agung Prayoga, Andhika Puji Wahono Puji Wahono Puji Yuniarti Purnomo, Santoso Purwana E.S., Dedi Qurrotul Uyun Rafika Rahmawati Rahmadhani, Safitri Dwi Rahmawati, Ayu Annisa Ramadhan, Sahlan Afri Ramdani, Adnan Fauzan Ramli Ramli Ratna Tri Hari Safariningsih Ratnawaty Marginingsih Rd. Tuty Sariwulan Ria Kurniawati Rismono Rosa Salsa Bila Ruswiati Suryasaputra Safariningsih, Ratna Tri Hari Saffanah Aini Rahmani Salsabila Putri Ramadhanti Saparuddin Mukhtar Sararya Haikal Perdana Setyawan, Rahmat Dika Shandy Aditya Sibarani, Silvia Paula Artha Silvana Syah Silvana Syah Silvana Syah Siregar, M. Edo Suryawan Siti Hamidah Rustiana Solikha , Solikha Sonny Haryanto Sophie Hestia Putri SS, Muh Fathul Mubaraq Suhayat, Jajang Suherman Suherman Suherman Suherman, Suherman Sukma Andika Rahmayanti Sumardi Sumardi suparno Eko Widodo suparno Eko Widodo, suparno Eko Suparno Suparno Suparno Suparno Suprayogi, Wahyu Suryawan Siregar, M. Edo Suwatno Suwatno SYAMSUL HIDAYAT Syamsul Hidayat Tasya Dwi Wicaksono Tessa Azzahra Tessa Kusuma Dewi Tirta Raharja, Mulya Titis Fatarina Mahfirah Ulupui, IGKA Umar Aminudin Umi Mardiyati Umi Widyastuti Umi Widyastuti Usep Suhud Usman Mustofa Vidia Ratu Balqis Malzara Vina Pebianti Virnalici, Virnalici Wahono, Puji Wahyu Wastuti Wasti Naramarito Pardede Wicaksono, Tasya Dwi Widya Parimita, Widya Willy Cahya Sundara Yusuf, Ifatuhoriah Zakaria, Adam ⁠Osly Usman