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The Effects of Environmental Cost, Environmental Disclosure and Environmental Performance on Company Value with an Independent Board of Commissioners as Moderation

Author

Listed:
  • Imam Hidayat

    (Phd Scholar, University of Sultan Ageng Tirtayasa, Indonesia,)

  • Tubagus Ismail

    (Department of Accounting, Faculty of Economics and Business, University of Sultan Ageng Tirtayasa, Indonesia,)

  • Muhamad Taqi

    (Department of Accounting, Faculty of Economics and Business, University of Sultan Ageng Tirtayasa, Indonesia,)

  • Agus Sholikhan Yulianto

    (Department of Accounting, Faculty of Economics and Business, University of Sultan Ageng Tirtayasa, Indonesia.)

Abstract

Company value is one of the most important indicators to increase the company's competitiveness in the midst of very tight business competition. This study aims to determine the effects of Environmental Cost, Environmental Disclosure, Environmental Performance on Company Value with an Independent Board of Commissioners as Moderation partially and simultaneously. This research was conducted on the Indonesia Stock Exchange in 2018-2021. Purposive sampling was used as the sampling method and 14 companies were obtained. Multicollinearity test and heteroscedasticity test were used as the classical assumption test. Eviews 9 software with panel data regression analysis was used to test the hypothesis. Based on the results of the study, it was found that Environmental Costs have a negative effect on Company Value, Environmental Disclosure has no effects on Company Value, Environmental Performance has no effects on Company Value, Environmental Costs have negative effects on Value Companies with an Independent Board of Commissioners as Moderation, Environmental Disclosure has no effect on Company Value with an Independent Board of Commissioners as Moderation, and Environmental Performance has no effects on Company Value with an Independent Board of Commissioners as Moderation.

Suggested Citation

  • Imam Hidayat & Tubagus Ismail & Muhamad Taqi & Agus Sholikhan Yulianto, 2023. "The Effects of Environmental Cost, Environmental Disclosure and Environmental Performance on Company Value with an Independent Board of Commissioners as Moderation," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 367-373, May.
    • Handle: RePEc:eco:journ2:2023-03-41
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    References listed on IDEAS

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    3. Al-Tuwaijri, Sulaiman A. & Christensen, Theodore E. & Hughes, K. II, 2004. "The relations among environmental disclosure, environmental performance, and economic performance: a simultaneous equations approach," Accounting, Organizations and Society, Elsevier, vol. 29(5-6), pages 447-471.
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    More about this item

    Keywords

    Environmental Cost; Environmental Disclosure; Environmental Performance;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting
    • H0 - Public Economics - - General

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