The Effect of Environmental, Social, and Governance (ESG) Disclosure on Firm Value with Government Ownership as a Moderating Variable (Empirical Study on Construction Sector Companies Listed on the Indonesia Stock Exchange in 2018–2024)
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Azmi Fitriani*
Suherman
I Gusti Ketut Agung Ulupui
The main objective of this research is to assess how the communication of sustainable practices (Environmental, Social, Governance/ESG) impacts the worth of companies within the construction sector that are publicly traded on the Indonesia Stock Exchange (IDX) from 2018 to 2024. The value of these companies will be gauged utilizing measures like Tobin's Q. Information for this study will be gathered from the yearly and sustainability reports of selected firms. Panel data regression will be employed as the analytical method. This investigation aims to offer valuable insights for stakeholders connected to ESG and company worth, with government ownership being considered as a moderating factor.
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