PENGARUH GREEN INVESTMENT, GREEN STRATEGY, TAX AVOIDANCE, DAN FIRM VALUE TERHADAP CARBON EMISSION DISCLOSURE
DOI:
https://doi.org/10.56127/jekma.v4i3.2354Keywords:
Green Investment, Green Strategy, Tax Avoidance, Firm Value, Carbon Emission DisclosureAbstract
This study examines the influence of green investment, green strategy, tax avoidance, and firm value on carbon emission disclosure among companies listed in the ESGSKEHATI index in Indonesia. Using secondary data from annual and sustainability reports, the analysis applies a random effects panel regression to assess how environmental and financial factors drive corporate transparency in disclosing carbon information. The findings reveal that both green investment and green strategy have a positive and significant impact on the extent of carbon emission disclosure, indicating that proactive environmental initiatives and sustainability-oriented management contribute to improved corporate accountability. Conversely, tax avoidance and firm value show no significant effect, suggesting that environmental disclosure is more closely linked to sustainability commitment than to fiscal or market incentives. The study emphasizes the strategic importance of integrating environmental responsibility into corporate governance for long-term credibility and investor confidence.
References
[1] A Chariri, & I. G. (2007). Teori Akuntansi. Badan Penerbit Universitas Diponegoro.
[2] Adi, S., & Wardi, A. (2022). Apa yang meningkatkan kinerja lingkungan perusahaan? Model konseptual berbasis investasi hijau dan tata kelola perusahaan. Ekombis Review: Jurnal Ilmiah Ekonomi dan Bisnis, 10(S1), 237–250. https://doi.org/10.37676/ekombis.v10is1.2030
[3] Afni, Z., Gani, L., Djakman, C. D., & Sauki, E. (2018). The effect of green strategy and green investment toward carbon emission disclosure. The International Journal of Business Review (The Jobs Review), 1(2). https://doi.org/10.17509/tjr.v1i2.13879
[4] Andriadi, K. D., Werastuti, D. N. S., & Sujana, E. (2023). Determinants of carbon emission disclosure: A study on non-financial public companies in Indonesia. Jurnal Ilmiah Akuntansi, 8(1), 287–310. https://doi.org/10.23887/jia.v8i1.46152
[5] Arabiy, I. (2011). Futuhat al-Makkiyyah fi Ma‘rifah al-Asrar al-Malikiyyah wa al-Mulkiyyah.
[6] Azhari, A. M. B., & Hasibuan, D. H. M. (2023). The effect of green investment, intellectual capital disclosure, and carbon emission disclosure on firm value. Riset, 5(2). https://doi.org/10.37641/riset.v5i2.269
[7] Azizah, D. G., & Widyawati, D. (2021). Pengaruh kinerja keuangan dan ukuran perusahaan terhadap nilai perusahaan pada perusahaan food and beverages di BEI. Jurnal Ilmu dan Riset Akuntansi, 10(1), 1–18.
[8] Bahriansyah, R. I., & Lestari Ginting, Y. (2022). Pengungkapan emisi karbon terhadap nilai perusahaan dengan media exposure sebagai variabel moderasi. Jurnal Riset Akuntansi & Perpajakan. https://doi.org/10.35838/jrap.2022.009.02.21
[9] Balkis, A. (2018). Pengaruh carbon emission disclosure dan kinerja lingkungan terhadap nilai perusahaan dengan pengungkapan intensitas emisi karbon sebagai variabel pemoderasi (Studi pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2015–2016) [Skripsi, Universitas Brawijaya].
[10] Barus, E. B., & Wijaya, S. (2022). Penerapan pajak karbon di Swedia dan Finlandia serta perbandingannya dengan Indonesia. Jurnal Pajak Indonesia (Indonesian Tax Review), 5(2), 256–279. https://doi.org/10.31092/jpi.v5i2.1653
[11] Bawono, A., & Ismi, N. (2021). Pengaruh profitabilitas, leverage, kepemilikan institusional dan kepemilikan manajerial terhadap pengungkapan Islamic social reporting dengan ukuran perusahaan sebagai variabel moderasi pada bank umum syariah 2016–2020. Jurnal Akuntansi dan Keuangan Kontemporer (JAKK), 4(2), 140–151. https://doi.org/10.30596/jakk.v4i2.7177
[12] Brown, N., & Deegan, C. (1998). The public disclosure of environmental performance information: A dual test of media agenda setting theory and legitimacy theory. Accounting and Business Research, 29(1), 21–41. https://doi.org/10.1080/00014788.1998.9729564
[13] Choi, B. B., Lee, D., & Psaros, J. (2013). An analysis of Australian company carbon emission disclosures. Pacific Accounting Review, 25(1), 58–79.
[14] Dani, I. M., & Harto, P. (2022). Pengaruh kinerja lingkungan dan green investment terhadap pengungkapan emisi karbon. Diponegoro Journal of Accounting, 11(4), 1–10. https://doi.org/10.33508/jima.v12i2.5350
[15] Dowling, J., & Pfeffer, J. (1975). Organizational legitimacy: Social values and organizational behavior. Pacific Sociological Review, 18(1), 122–136. https://doi.org/10.2307/1388226
[16] Freeman, R. E. (1994). The politics of stakeholder theory: Some future directions. Business Ethics Quarterly, 4(4), 409–421. https://doi.org/10.2307/3857340
[17] Hanisyah, I., & Sulfitri, V. (2023). Pengaruh kinerja karbon, tekanan stakeholder dan sertifikasi ISO 14001 terhadap pengungkapan emisi karbon. Postgraduate Management Journal, 3(1). https://doi.org/10.36352/pmj.v3i1.429
[18] Helfaya, A., & Moussa, T. (2017). Do board’s corporate social responsibility strategy and orientation influence environmental sustainability disclosure? UK evidence. Business Strategy and the Environment, 26(8), 1078–1098. https://doi.org/10.1002/bse.1960
[19] Hidayah, N. (2019). Pengaruh sertifikasi lingkungan internasional, ukuran perusahaan dan profitabilitas terhadap carbon emission disclosure dengan media exposure sebagai variabel moderasi. Jurnal Akuntansi UIN Alauddin, 8(5).
[20] Iba, Z., & Wardhana, A. (2021). Analisis regresi dan analisis jalur untuk riset bisnis menggunakan SPSS 29.0 & SmartPLS 4.0. CV Eureka Media Aksara.
[21] Irwhantoko, I., & Basuki, B. (2016). Carbon emission disclosure: Studies in Indonesian manufacturing companies. Jurnal Akuntansi dan Keuangan, 18(2), 92–104.
[22] Karim, A., Fuqohak, M. Z., & Atabik, A. (2022). Strategi pelestarian lingkungan dalam perspektif Al-Qur’an dan hadis. Advances in Humanities and Contemporary Studies, 3(2). https://doi.org/10.30880/ahcs.2022.03.02.005
