Emission Carbon Disclosure and Firm Value: The Moderating Role of Media Exposure
Keywords:
Carbon Emmisions Disclosure, Firm Value , Media ExposureAbstract
The purpose of this study is to investigate and gather empirical data supporting the hypothesis that a Firm Value that discloses its carbon emissions is connected with its exposure to the media. This makes sense when considering the media's contributions to social mobilization campaigns like those of US environmental organizations. The public's access to information is greatly aided by the media. This study focused on manufacturing companies listed in the Consumer Goods Sub-Sector of the Indonesia Stock Exchange, using data from 2017 to 2021. Data from www.idx.co.id were used in this study, which ran from May 2023 to October 2023. The critical Descriptive analysis with the structural equation model statistical technique is the approach taken. For data analysis, the SmartPLS 3 application was utilized. Three factors were employed in this investigation. The variables that are used as moderators in the model are media exposure (Z), carbon emissions (X), and firm value (Y), which employs Tobin's Q table US as the dependent variable. In this examination, specifics of the variables employed by the researchers will be covered. Media exposure to carbon emissions has little effect on business value, despite the fact that the distribution of carbon emissions demonstrates a positive and substantial impact on firm value.
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Copyright (c) 2024 Hicca Maria Gandi Putri Aruan, S.E., M.Si, Dr. Adanan Silaban, S.E., M.Si, Rizki Christian Sipayung, S.E., M.Si (Author)
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