IIJSE
Vol 7 No 1 (2024): Sharia Economics

The Influence of ESG Disclosures on Company Value In 5 ASEAN Countries

Muninggar, Aliya Inggita Prameswari (Unknown)
Pangestuti, Irene Rini Demi (Unknown)



Article Info

Publish Date
31 Jan 2024

Abstract

This research explores the impact of environmental, social, and governance (ESG) performance on company value in Indonesia, Malaysia, Thailand, Singapore, and the Philippines. The population of this research is manufacturing companies listed on the Stock Exchange and adopting the ESG system from 2018 to 2022. Purposive sampling was used to filter companies that meet the criteria of 65 companies. The findings of this research show that the overall ESG performance of manufacturing companies has a significant positive influence on company value in these five countries. Environmental performance and corporate governance do not affect company value. Meanwhile, social performance influences company value. In addition, environmental performance, social performance, and corporate governance together with control variables also influence firm value positively.

Copyrights © 2024






Journal Info

Abbrev

iijse

Publisher

Subject

Economics, Econometrics & Finance

Description

The Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) is Sharia Economics Journal published by Sharia Economics Department Institut Pesantren KH. Abdul Chalim, Mojokerto. The Journal focuses on the issues of Sharia Economics, the History of Islamic Economic Thought, Islamic Law, Local ...