The Ownership Structure, and the Environmental, Social, and Governance (ESG) Disclosure, Firm Value and Firm Performance: The Audit Committee as Moderating Variable (Bukti Corresponding)

Fuadah, Luk Luk and Mukhtaruddin, Mukhtaruddin and Andriana, Isni and Arisman, Anton (2022) The Ownership Structure, and the Environmental, Social, and Governance (ESG) Disclosure, Firm Value and Firm Performance: The Audit Committee as Moderating Variable (Bukti Corresponding). MDPI Publisher. (Unpublished)

[thumbnail of Bukti Corresponding Author Economies 2022.pdf]
Preview
Text
Bukti Corresponding Author Economies 2022.pdf

Download (693kB) | Preview

Abstract

This study investigated the effect of ownership structure on environmental, social, and governance (ESG) disclosure, firm value, firm performance, and audit committees as moderating variables in the Indonesian context. The ownership structures in this study are foreign, public, state, and family ownership. This research is quantitative and uses secondary data. The sample consisted of 140 companies on the Indonesia Stock Exchange for the 2018–2020 period. This study used legitimacy, stakeholder, and agency theory. The analytical method used was partial least squares structural equation modeling. The results show that foreign and public ownership positively and significantly affect environmental, social, and governance disclosure. However, state and family ownership did not affect environmental, social, and governance disclosure. In addition, environmental, social, and governance disclosure positively impacts firm value. However, environmental, social, and governance disclosure do not affect a company’s performance. Audit committees moderate the influence of environmental, social, and governance disclosure and firm value. However, the audit committees do not moderate the effect of environmental, social, and governance disclosure and firm performance. The government should make stronger environmental, social, and government regulations that must be implemented by companies listed on the Indonesia Stock Exchange even though they are now voluntary

Item Type: Other
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
#3 Repository of Lecturer Academic Credit Systems (TPAK) > Corresponding Author
Divisions: 01-Faculty of Economics > 62901-Accountant Profession (Profesi)
Depositing User: Luk Luk Fuadah
Date Deposited: 23 Dec 2022 12:35
Last Modified: 23 Dec 2022 12:35
URI: http://repository.unsri.ac.id/id/eprint/84048

Actions (login required)

View Item View Item