Determinan Nilai Perusahaan Kunci Keberlanjutan: Kontribusi Karbon, Green Intellectual Capital, dan Media Exposure

Vanisa Ratna Sari ({"en_US":"Universitas Duta Bangsa Surakarta"})
Umi Hanifah
Erna Chotidjah Suhatmi

Proceedings Law, Accounting, Business, Economics and Language (LABEL)
Vol. 2 No. 1 (2025): Pembangunan Berkelanjutan: Persepektif Ekonomi,Hukum, dan Komunikasi Dalam Bisn

This study analyses the impact of carbon emission disclosure, carbon performance, green intellectual capital, and media exposure on firm value in the energy sector. Environmental damage triggered by industrial activities and increased greenhouse gas concetrations have pushed companies to be transparent and responsible for their carbon footpint. This study uses a quantitative approach with secondary data from annual reports and sustainability reports of energy sector companies listed on the Indonesia Stock Exchange from 2021-2024 using a purposive sampling technique. Panel data regression analysis with the Random Effect Model was applied to test the hypotheses. The test result show that carbon emission disclosure, carbon performance, and green intellectual capital affect firm value. Media exposure does not affect firm value, indicating that investor do not use media exposure as a primary signal.