Carbon Emission Disclosure and Firm Value: The Moderating Role of Corporate Governance

Iranian Journal of Accounting, Auditing and Finance

مقاله 1، دوره 9، شماره 3 - شماره پیاپی 32، آبان 2025، صفحه 1-15   

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2025.46199.1510

نویسندگان

Muhammad Zikrul Fahmi^* ؛ Lilik Handajani؛ I Nyoman Nugraha Ardana Putra

Accounting, Faculty of Economics and Business, University of Mataram, Mataram, Indonesia

چکیده

The purpose of this study is to analyze the effect of carbon emission disclosure on firm value and the interaction of foreign ownership and foreign board diversity as moderation variables. This study is a causal associative study with a quantitative approach, researchers used 77 samples from several company sectors included in the carbon intensive industry listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023 using moderated regression analysis. The results of the analysis show that carbon emission disclosure has a significant positive effect on firm value. foreign board diversity moderates negatively and foreign ownership does not moderate the relationship between carbon emission disclosure and firm value. The result practically can be a consideration for companies in carrying out carbon disclosure as well as input for investors in making investment decisions. The implication of this study is that it can be a consideration for the authorities in preparing regulations related to carbon emission disclosure, especially in Indonesia which is still voluntary.

کلیدواژه‌ها

Carbon Emission Disclosure؛ Firm Value؛ Foreign Ownership؛ Foreign Board Diversity