Controversy as a Moderator of the Impact of Environmental, Social, and Governance (ESG) on Corporate Value
DOI:
https://doi.org/10.38035/dijemss.v7i1.5411Keywords:
Environmental, Governance, Controversy, Company Values, SocialAbstract
This research examines the relationship between Environmental, Social, and Governance (ESG) and company value. In addition, this study also tested the involvement of ESG controversy as a moderating variable. The population in this study were all members of the IDX ESG Leader index (IDXESGL) and the companies used as samples were 150 companies during 5 years of observation. The sample in this study was determined using the proportional sampling method and obtained a sample of 70 companies. The research results show that environmental, social and governance (ESG) influences company value. Apart from that, there is a moderating influence of the controversial variable on the relationship between environmental, social and governance (ESG) on company value. The research data analysis was analyzed using SmartPLS software.
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