The Influence of Environmental, Social and Governance (Esg) on Company Value with Corporate Innovation as an Intervening Variable
DOI:
https://doi.org/10.55927/ijems.v4i3.66Keywords:
Enviromental Disclosure, Social Disclosure, Governance Disclosure, Company Value, Corporate InnovationAbstract
This study aims to determine the effect of environmental, social and corporate governance disclosures on company value through corporate innovation. The population in this study were all manufacturing companies listed on the Indonesia Stock Exchange in 2019-2022. This research is a quantitative study. Sampling using purposive sampling technique, namely the selection of samples with certain criteria, so that the sample obtained in the study was 24 manufacturing companies. Data analysis using panel data and processed with EVIEWS 12 software. Based on the results of the data analysis, it is concluded that ESG disclosure as a whole has a significant positive effect, while when disclosure is broken down based on its aspects, governance disclosure has no effect on company value. This study proves that corporate innovation can mediate the relationship between ESG disclosure and company value in manufacturing companies listed on the Indonesia Stock Exchange in 2019-2022
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