The Influence Of Carbon Emission Disclosure And Green Innovation On Firm Value With Oversight Mechanism As Moderator

Sahreza Harahap; Yvonne Augustine

doi:10.55227/ijhess.v5i1.1714

Authors

Sahreza Harahap Trisakti University
Yvonne Augustine Phd Accounting Program, Faculty of Economics, Universitas Trisaksi, Indonesia

DOI:

https://doi.org/10.55227/ijhess.v5i1.1714

Abstract

To examine the effect of carbon emission disclosure and green innovation on firm value and the frequency of board meetings moderates the positive influence of carbon emission disclosure and green innovation on firm value, this research uses secondary data from all companies from the cyclical, non-cyclical, basic material, energy and industrial sectors on the Indonesia Stock Exchange using purposive sampling for the period of 2022-2023 with total of 80 research objects. Regression Model Fit Test show Random Effcet Model (REM) is the most suitable for the study and make the assumption classic test is no longer need. Meanwhile hypotheses results state that there is a significant positive influence of carbon emission disclosure and green innovation on firm value, and the frequency of board meetings strengthens the positive influence of green innovation on firm value, and conversely the frequency of board meetings cannot strengthen the significant positive influence of carbon emission disclosure on firm value. This research contributes to the development of carbon emission disclosure and green innovation studies in companies listed on the Indonesian Stock Exchange. Where this study will produce material for consideration for policy makers or regulators regarding the importance of regulations regarding measuring firm’s value regarding implementation of carbon emission disclosure and green innovation

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