ENVIRONMENTAL DISCLOSURE, UKURAN PERUSAHAAN, PROFITABILITAS, DAN NILAI PERUSAHAAN

Abstract

Getting the maximum profit for the welfare of the owner becomes the establishment of a company. Business actors have a mindset to continue operating in their business activities. However, developments in the business world have resulted in many companies being present in various ways through various existing business sectors so that the level of competition continues to increase. The competition that occurs has resulted in management trying to maintain its operational activities by maximizing company value. Therefore, the factors that cause an increase in firm value need to be known.

This research was conducted to analyze the influence of Sustainability Report on environmental factors and company size on firm value with profitability as a moderating variable. This study used a sample of 21 non-financial companies listed on the Indonesia Stock Exchange (IDX) and disclosed of Sustainability Report in 2015-2019 with a purposeful sampling method. Data analysis used multiple linear regression on IBM SPSS 23. The results of this study indicate that the disclosure of Sustainability Report on environmental factors and company size do not affect the value of the company. Besides, the Sustainability Report on environmental factors moderated by profitability also shows research results that weaken of firm value. Research on company size which is moderated by profitability shows the results can assess the firm value.