KEBERADAAN WANITA DALAM MANAJEMEN PUNCAK DAN NILAI PERUSAHAAN: EFEK MEDIASI PENGUNGKAPAN ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG)
DOI:
https://doi.org/10.24246/dekat.v3i2.17786Keywords:
Wanita dalam Manajemen Puncak, Pengungkapan ESG, Nilai Perusahaan, Women in Top Management, ESG Disclosure, Firm ValueAbstract
This study aims to examine the influence of the presence of women in top management on ESG disclosure and firm value, as well as the mediating role of ESG disclosure in the relationship between presence of women in top management and firm value. The research uses secondary data obtained from annual reports and sustainability reports of companies listed on the Indonesia Stock Exchange for the 2021–2023 period, along with ESG scores sourced from the ESGI dataset. The sample consists of 63 companies selected using purposive sampling. A quantitative method was applied with panel data analysis using Eviews 10. The esults indicate that the presence of women in top management has a negative effect on both ESG disclosure and firm value. In contrast, ESG disclosure has a positive effect on firm value. Moreover, ESG acts as a mediating variable that effectively mediates the relationship between the presence of women in top management and firm value.
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