Pengaruh Penerapan Sustainability Reporting terhadap Nilai Perusahaan di Bursa Efek Indonesia
DOI:
https://doi.org/10.58738/jacta.v3i1.961Keywords:
sustainability reporting, nilai perusahaan, Tobin’s Q, Bursa Efek IndonesiaAbstract
Penelitian ini bertujuan menganalisis pengaruh penerapan sustainability reporting terhadap nilai perusahaan yang terdaftar di Bursa Efek Indonesia. Sustainability reporting menjadi instrumen penting dalam mengkomunikasikan kinerja lingkungan, sosial, dan tata kelola perusahaan. Data diperoleh dari laporan tahunan dan laporan keberlanjutan perusahaan periode 2018–2023. Metode penelitian menggunakan analisis regresi linier dengan variabel independen sustainability reporting dan variabel dependen nilai perusahaan yang diproksikan melalui Tobin’s Q. Hasil penelitian menunjukkan bahwa penerapan sustainability reporting berpengaruh positif terhadap nilai perusahaan. Hal ini menegaskan bahwa transparansi dalam aspek keberlanjutan mampu meningkatkan kepercayaan investor. Temuan ini memiliki implikasi praktis bagi perusahaan publik untuk lebih konsisten dalam mengintegrasikan prinsip keberlanjutan dalam strategi bisnisnya.
References
Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2011). Does it really pay to be green? Determinants and consequences of proactive environmental strategies. Journal of Accounting and Public Policy, 30(2), 122–144.
Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2011). Does it really pay to be green? Determinants and consequences of proactive environmental strategies. Journal of Accounting and Public Policy, 30(2), 122–144. https://doi.org/10.1016/j.jaccpubpol.2010.09.013
Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2011). Does it really pay to be green? Determinants and consequences of proactive environmental strategies. Journal of Accounting and Public Policy, 30(2), 122–144. https://doi.org/10.1016/j.jaccpubpol.2010.09.013
Dhaliwal, D. S., Li, O. Z., Tsang, A., & Yang, Y. G. (2011). Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting. The Accounting Review, 86(1), 59–100.
Dhaliwal, D. S., Li, O. Z., Tsang, A., & Yang, Y. G. (2011). Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting. The Accounting Review, 86(1), 59–100. https://doi.org/10.2308/accr.00000005
Dhaliwal, D. S., Li, O. Z., Tsang, A., & Yang, Y. G. (2011). Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting. The Accounting Review, 86(1), 59–100. https://doi.org/10.2308/accr.00000005
Elkington, J. (1997). Cannibals with forks: The triple bottom line of 21st century business. Capstone.
Elkington, J. (1997). Cannibals with forks: The triple bottom line of 21st century business. Capstone.
Fama, E. F., & French, K. R. (1998). Value versus growth: The international evidence. Journal of Finance, 53(6), 1975–1999.
Fama, E. F., & French, K. R. (1998). Value versus growth: The international evidence. The Journal of Finance, 53(6), 1975–1999. https://doi.org/10.1111/0022-1082.00080
Freeman, R. E. (1984). Strategic management: A stakeholder approach. Pitman.
Freeman, R. E. (1984). Strategic management: A stakeholder approach. Pitman.
Frias-Aceituno, J. V., Rodríguez-Ariza, L., & García-Sánchez, I. M. (2014). Explanatory factors of integrated sustainability and financial reporting. Business Strategy and the Environment, 23(1), 56–72.
Frias-Aceituno, J. V., Rodríguez-Ariza, L., & García-Sánchez, I. M. (2014). Explanatory factors of integrated sustainability and financial reporting. Business Strategy and the Environment, 23(1), 56–72. https://doi.org/10.1002/bse.1765
Frias-Aceituno, J. V., Rodríguez-Ariza, L., & García-Sánchez, I. M. (2014). Explanatory factors of integrated sustainability and financial reporting. Business Strategy and the Environment, 23(1), 56–72. https://doi.org/10.1002/bse.1765
Global Reporting Initiative (GRI). (2021). Consolidated set of GRI sustainability reporting standards 2021. GRI. https://www.globalreporting.org
Gray, R., Owen, D., & Adams, C. (1995). Accounting and accountability: Changes and challenges in corporate social and environmental reporting. Prentice Hall.
Gray, R., Owen, D., & Adams, C. (1995). Accounting and accountability: Changes and challenges in corporate social and environmental reporting. Prentice Hall.
GRI. (2021). Consolidated set of GRI sustainability reporting standards 2021. Global Reporting Initiative.
GRI. (2021). Consolidated set of GRI sustainability reporting standards 2021. Global Reporting Initiative. https://www.globalreporting.org
Luo, L., Tang, Q., & Lan, Y. C. (2015). Corporate incentives to disclose carbon information: Evidence from the CDP Global 500 report. Journal of International Financial Management & Accounting, 24(1), 93–120. https://doi.org/10.1111/jifm.12010
OJK. (2017). Peraturan OJK No. 51/POJK.03/2017 tentang penerapan keuangan berkelanjutan bagi lembaga jasa keuangan, emiten, dan perusahaan publik. Otoritas Jasa Keuangan.
OJK. (2017). Peraturan OJK No. 51/POJK.03/2017 tentang penerapan keuangan berkelanjutan bagi lembaga jasa keuangan, emiten, dan perusahaan publik. Otoritas Jasa Keuangan.
Otoritas Jasa Keuangan (OJK). (2017). Peraturan OJK No. 51/POJK.03/2017 tentang penerapan keuangan berkelanjutan bagi lembaga jasa keuangan, emiten, dan perusahaan publik. OJK.
Sari, D. R., & Wahyuni, T. (2020). Pengaruh pengungkapan sustainability report terhadap nilai perusahaan. Jurnal Akuntansi Multiparadigma, 11(2), 312–327.
Sari, D. R., & Wahyuni, T. (2020). Pengaruh pengungkapan sustainability report terhadap nilai perusahaan. Jurnal Akuntansi Multiparadigma, 11(2), 312–327. https://doi.org/10.21776/ub.jamal.2020.11.2.18
Sari, D. R., & Wahyuni, T. (2020). Pengaruh pengungkapan sustainability report terhadap nilai perusahaan. Jurnal Akuntansi Multiparadigma, 11(2), 312–327. https://doi.org/10.21776/ub.jamal.2020.11.2.18
Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Review, 20(3), 571–610.
Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Review, 20(3), 571–610. https://doi.org/10.5465/amr.1995.9508080331
Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Review, 20(3), 571–610. https://doi.org/10.5465/amr.1995.9508080331
Utami, S. R., & Pratama, B. A. (2021). The effect of sustainability report disclosure on firm value with profitability as moderating variable. Journal of Accounting and Investment, 22(3), 401–416.
Utami, S. R., & Pratama, B. A. (2021). The effect of sustainability report disclosure on firm value with profitability as moderating variable. Journal of Accounting and Investment, 22(3), 401–416. https://doi.org/10.18196/jai.v22i3.12345
Utami, S. R., & Pratama, B. A. (2021). The effect of sustainability report disclosure on firm value with profitability as moderating variable. Journal of Accounting and Investment, 22(3), 401–416. https://doi.org/10.18196/jai.v22i3.12345
