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Determinants of voluntary carbon emission disclosure: Does it affect firm value?
Edrianti Rahmatika
Dwi Indah Lestari
Asokan Vasudevan
Tania Adialita
Sam Toong Hai
Manoch Prompanyo
Journal of Infrastructure Policy and Development 2024, 8(8), 4417; https://doi.org/10.24294/jipd.v8i8.4417
Submitted：25 Jan 2024
Accepted：03 Apr 2024
Published：16 Aug 2024
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Abstract

The purpose of this study is to examine how financial slack and board gender diversity affect carbon emission disclosure and how that disclosure affects firm value in energy sector companies that are listed on the Indonesian stock exchange between 2017 and 2021. Annual reports and sustainability sources provide secondary data for this quantitative study. Purposive sampling was employed in this investigation, including nine companies and a five-year observation period. Thus, 45 samples altogether were employed in the present study. The partial least squares approach is the data analysis strategy used in this investigation. The study’s findings indicate that the Gender Diversity Board does not significantly affect carbon emission disclosure and significantly influences firm value. Financial slack significantly affects carbon emission disclosure but does not directly affect firm value. Financial slack and board gender diversity through carbon emission disclosure have no significant effect on firm value.

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References
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