PENGARUH PENGUNGKAPAN ENVIRONMENTAL, SOCIAL, GOVERNANCE DAN RISIKO TERHADAP NILAI PERUSAHAAN DENGAN KEUNGGULAN KOMPETITIF SEBAGAI VARIABEL MODERASI

Naura Raihana, . (2026) PENGARUH PENGUNGKAPAN ENVIRONMENTAL, SOCIAL, GOVERNANCE DAN RISIKO TERHADAP NILAI PERUSAHAAN DENGAN KEUNGGULAN KOMPETITIF SEBAGAI VARIABEL MODERASI. Skripsi thesis, Universitas Pembangunan Nasional Veteran Jakarta.

[img] Text
ABSTRAK.pdf
Download (450kB)
[img] Text
AWAL.pdf
Download (1MB)
[img] Text
BAB 1.pdf
Restricted to Repository UPNVJ Only
Download (557kB)
[img] Text
BAB 2.pdf
Restricted to Repository UPNVJ Only
Download (946kB)
[img] Text
BAB 3.pdf
Restricted to Repository UPNVJ Only
Download (793kB)
[img] Text
BAB 4.pdf
Restricted to Repository UPNVJ Only
Download (1MB)
[img] Text
BAB 5.pdf
Download (482kB)
[img] Text
DAFTAR PUSTAKA.pdf
Download (510kB)
[img] Text
DAFTAR RIWAYAT HIDUP.pdf
Restricted to Repository staff only
Download (464kB)
[img] Text
LAMPIRAN.pdf
Restricted to Repository UPNVJ Only
Download (1MB)
[img] Text
HASIL PLAGIARISME.pdf
Restricted to Repository staff only
Download (22MB)
[img] Text
ARTIKEL KI.pdf
Restricted to Repository staff only
Download (835kB)

Abstract

This study aims to examine the effect of Environmental, Social, and Governance (ESG) disclosure and risk disclosure on firm value, with competitive advantage serving as a moderating variable, in Consumer Non-Cyclicals companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The sample consists of 156 observations selected using the purposive sampling method. Data were analyzed using panel data regression with the Fixed Effect Model (FEM) and Moderated Regression Analysis (MRA). The results indicate that both ESG disclosure and risk disclosure do not significantly affect firm value. These findings suggest that ESG and risk-related information have not yet become primary considerations for investors in valuing Consumer Non-Cyclicals companies. Furthermore, competitive advantage moderates the relationship between ESG disclosure and firm value in a negative direction, indicating that the stronger a company’s competitive advantage, the smaller the contribution of ESG information in influencing firm value. Meanwhile, competitive advantage is unable to moderate the effect of risk disclosure on firm value. This study provides empirical evidence that the stable demand characteristics of the Consumer Non-Cyclicals sector lead investors to place greater emphasis on operational performance and business sustainability than on ESG and risk disclosure information.

Item Type: Thesis (Skripsi)
Additional Information: [No. Panggil: 2210112036] [Pembimbing: Amrie Firmansyah] [Penguji 1: Amdi Very Dharma] [Ketua Penguji: Masripah]
Uncontrolled Keywords: ESG disclosure; risk disclosure; competitive advantage; firm value; consumer non-cyclicals.
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Fakultas Ekonomi dan Bisnis > Program Studi Akuntansi (S1)
Depositing User: NAURA RAIHANA
Date Deposited: 31 Aug 2026 03:14
Last Modified: 31 Aug 2026 03:14
URI: http://repository.upnvj.ac.id/id/eprint/51661

Actions (login required)

View Item View Item