Article Per Year (5 Year)
p-Index From 2021 - 2026
2.041
P-Index
This Author published in this journals
All Journal Pendas : Jurnah Ilmiah Pendidikan Dasar Al-Kharaj: Journal of Islamic Economic and Business Management Studies and Entrepreneurship Journal (MSEJ) NANAEKE Paradoks : Jurnal Ilmu Ekonomi Jurnal Smart Paud E-Jurnal Akuntansi
Duriani
Unknown Affiliation
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

Published : 14 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : E-Jurnal Akuntansi

 1 
ESG Disclosure, Firm Value, and Investment Decisions: Evidence from Indonesia’s Capital Market Rismawati; Duriani; Muhammad Aqsa
E-Jurnal Akuntansi Vol. 35 No. 12 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJA.2025.v35.i12.p12

Abstract

This study examines the impact of Environmental, Social, and Governance (ESG) disclosure on corporate value and investor choices in Indonesia's developing capital market.  This research examines how ESG reporting improves transparency, reduces information asymmetry, and influences investor behavior through the lenses of signaling, stakeholder, and behavioral finance theories.  Analysis of 138 firm-year observations from publicly traded non-financial corporations through multiple regression indicates that both ESG disclosure (B = 0.311; p = 0.003) and firm value (B = 0.594; p < 0.001) significantly influence investment decisions, with firm value exhibiting a more substantial impact.  These findings align with focus group discussions that emphasize the significance of credible and comparable ESG narratives in fostering investor trust.  This study enhances the sustainability accounting discourse by providing empirical evidence and policy implications for regulators and corporations to improve ESG disclosure standards in Indonesia.
Co-Authors Asmadi, Indra Ayu Lestari Edi Maszudi FADILA, NUR Goso , Goso Haedar Herianti Hikma Ramadani Jannah, Ghina Raudhatul Kustiah, Sri M. Anwar, Suhardi M. Shabir U M. Yusuf T Maq’ Firah Hakka Muh. Afdal Abdullah Muhammad Aqsa Nersa Nurdin Salama Rahmad Sholing Hamid Rismawati Wahyuni Ulpi