Citation:

Putri Dwi Wahyuni, Bayu Setyawan Suprayogi, Muthohirin, Enjang Septa Viandini, Salsabila Irfani, Indra Wijaya Kusuma. "The Role of Good Corporate Governance on Firm Value in Indonesia: Using Carbon Accounting as Moderating Variable" International Research Journal of Economics and Management Studies, Vol. 2, No. 4, pp. 524-532, 2023.

Abstract:

The goal of this research was to determine how the frequency of commissioners' meetings and the proportion of independent commissioners affect firm value with carbon accounting moderated. This research was also conducted because over time, the carbon emissions generated are increasing, especially the carbon emissions generated by companies operating in the Coal sub-sector mining companies and the need to increase the implementation of GCG in operational activities. The approach used in this research is quantitative, which consists of numbers that will be measured using statistics, which serves as a tool for analyzing data. This research data uses moderated regression analysis techniques by taking secondary data, namely data obtained from the Bloomberg website and the company's website. The research sample amounted to 33 observation data with 22 Coal sub-sector companies based on purposive sampling. The results showed that only the proportion of independent commissioners had a significant effect on firm value, while the frequency of commissioner meetings had no significant effect on firm value. In addition, carbon accounting cannot moderate the frequency of commissioner meetings and the proportion of independent commissioners on firm value.

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Keywords:

Frequency of Commissioners' Meetings, Proportion of Independent Commissioners, Carbon Accounting, PBV.