Journal of Economic, Bussines and Accounting (COSTING)
Vol. 9 No. 1 (2026): COSTING : Journal of Economic, Bussines and Accounting

THE MODERATING ROLE OF GOOD CORPORATE GOVERNANCE IN THE RELATIONSHIP BETWEEN ENVIRONMENTAL DISCLOSURE AND GREEN INNOVATION AND FIRM VALUE

Yulianto, Kampono Imam (Unknown)
Rahmadi, Zara Tania (Unknown)



Article Info

Publish Date
30 Jan 2026

Abstract

The purpose of this research is to analyze the effect of enviromental disclosure and green innovation on firm value moderated by GCG. This research uses data analysis with a correlation and panel data regression approach assisted by Eviews 12 software. The data used is secondary data in the form of financial statements companies obtained from the official website of the Indonesia Stock Exchange for the years 2020-2024, with a total of 20 companies and 100 observations. the results show that when combined, environmental disclosure, green innovation, and GCG have a significant impact on firm value. However, when looked at individually, only environmental disclosure and GCG have a significant positive effect on firm value. Green innovation on its own does not have a significant influence. When tested as a moderating variable, GCG was able to strengthen the relationship between green innovation and firm value. However, GCG did not strengthen the relationship between environmental disclosure and firm value. This research is expected to be a consideration for investors so that companies can implement good corporate governance through green innovation and environmental disclosure as a form of concern for the environment and sustainability.

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Journal Info

Abbrev

COSTING

Publisher

Subject

Economics, Econometrics & Finance

Description

COSTING : Journal of Economic, Bussines and Accounting reviewed covers theoretical and applied research in the field of Economics, Business and Accounting. Priority is given to those articles which satisfy the main scope of the journal, and have an impact in the research areas of interest. ...