Published: 2025-08-01
Sustainability Report dan Nilai Perusahaan: Evaluasi Berdasarkan GRI Standards
DOI: 10.35870/jemsi.v11i4.4460
Abstract
This article aims to analyze the influence of sustainability reports on company value, highlighting the three essential dimensions of sustainability: economic, environmental, and social factors, as stipulated by GRI standards. This study uses a quantitative approach, based on secondary data obtained from annual reports, sustainability reports, and stock prices of companies registered with the National Center for Corporate Reporting (NCCR) and the Indonesia Stock Exchange (BEI) from 2020 to 2023. The method used for the analysis is multiple linear regression with IBM SPSS 26 software, as well as classical hypothesis tests, including checks for normality, multicollinearity, autocorrelation, and heteroscedasticity. The results of the study indicate that the three dimensions of sustainability reporting do not significantly affect company value. Conversely, control variables such as return on assets (ROA) and asset tangibility showed significant impacts. These results show that the Indonesian capital market has not yet fully integrated sustainability reporting as an element that adds value to companies. As a result, this study proposes raising the level of information communicated on sustainable development and considering the influence of moderating or mediating variables in future research to clarify the more complex relationship between sustainable development reporting and company value.
Keywords
Article Information
This article has been peer-reviewed and published in the JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi). The content is available under the terms of the Creative Commons Attribution 4.0 International License.
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Issue: Vol. 11 No. 4 (2025)
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Section: Articles
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Published: 2025-08-01
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License: CC BY 4.0
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Copyright: © 2025 Authors
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DOI: 10.35870/jemsi.v11i4.4460
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Putri Anggita Sari, Sekolah Tinggi Ilmu Ekonomi Wiyatamandala
Program Studi S1 Akuntansi, Sekolah Tinggi Ilmu Ekonomi Wiyatamandala, Indonesia.
Randy Kuswanto, Sekolah Tinggi Ilmu Ekonomi Wiyatamandala
Program Studi S1 Akuntansi, Sekolah Tinggi Ilmu Ekonomi Wiyatamandala, Indonesia.
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