The Effect of Sustainability Reporting and Good Corporate Governance on Company Value in the Energy Sector
DOI:
https://doi.org/10.32662/gaj.v9i2.4997Abstract
This study looks at how company value is affected by sustainability reporting, board size, independence, gender diversity, and experience in energy sector companies listed on the Indonesia Stock Exchange between 2022 and 2024. Using secondary data from yearly reports and sustainability, the study uses a quantitative methodology. 44 establishments were selected via purposeful sampling, resulting in 132 observations. The data was assessed using panel data regression. The results demonstrate that board size has a considerable and beneficial impact on firm value, whereas board independence has a negative and significant impact. Board experience, gender diversity on the board, and sustainability reporting do not significantly affect firm value. Additionally, not all independent variables have a major impact on the company's value at once. These findings suggest that sustainability disclosure standards have less of an effect on firm value in the energy sector than certain corporate governance characteristics.
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