Kontigensi: Jurnal Ilmiah Manajemen
Vol 11 No 2 (2023): Kontigensi: Jurnal Ilmiah Manajemen

The Impact of ESG Disclosure, Liquidity, and Leverage on Firm Value Mediated by Profitability Performance

Nur Hikmah (Unknown)
Daljono Daljono (Magister Manajemen Universitas Diponegoro, Jawa Tengah, Indonesia)



Article Info

Publish Date
31 Dec 2023

Abstract

The focus of this research is to see how the influence of ESG Disclosure, Liquidity, and Leverage on Firm Value of various companies listed on the Indonesia Stock Exchange. This research is categorized as quantitative research with data collected through Bloomberg Database Terminal. Where the sample in this study were 15 companies listed on the Indonesia Stock Exchange in 2012 to 2021 period. The collected data was processed with the help of Eviews 12 application. Based on the Eviews processing, it was found that ESG Disclosure and DER had a significant effect on Firm Value of various companies listed on the Indonesia Stock Exchange in 2012-2021 with a positive direction. Instead of it, Quick Ratio had a significant effect on Firm Value of various companies listed on the Indonesia Stock Exchange in 2012-2021 with a negative direction. The direction of positive influence means that publishing an ESG Score will increase the firm value of the company. The higher ratio of DER of the company, the more positive firm value will be for Indonesia Stock Exchange listed companies. While, the direction of negative influence means the higher ratio of liquidity of the company, the more negative firm value will be for the company.

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Journal Info

Abbrev

JIMK

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering Social Sciences

Description

The scope of Kontigensi: Jurnal Ilmiah Manajemen journal covering the field Business and Management. Topic related to these fields can be Business and Management, entrepreneurship, finance, and financial services, human resource management, marketing, industrial relations, insurance, intellectual ...