期刊名称：Indonesian Journal of Sustainability Accounting and Management
印刷版ISSN：2597-6214
电子版ISSN：2597-6222
出版年度：2020
卷号：4
期号：2
页码：1-1
DOI：10.28992/ijsam.v4i2.299
语种：English
出版社：Universitas Pasundan
摘要：This research attempts to investigate the predictive effect of carbon emissions disclosure on firm value both directly and through environmental performance and idiosyncratic risk. With data collected from all non-financial high profile companies listed on the Indonesia Stock Exchange and testing through path analysis,findings reveal that carbon emissions disclosure has a positive significant effect on environmental performance,but not on idiosyncratic risk and firm value. Further statistics testing showed that both idiosyncratic risk and environmental performance have a positive and significant effect on firm value. We also used Sobel testing to test mediation role of environmental performance and idiosyncratic risk on the effect of carbon emissions disclosure on firm value. Results show that environmental performance plays a mediating role whereas idiosyncratic risk does not. The implications of this research are discussed from both theoretical and managerial perspectives.
关键词：carbon emissions disclosure;idiosyncratic risk;environmental performance;firm value
