Open AccessThe Role of Women on Boards as A Mechanism to Improve Carbon Emission Disclosure and Firm Value
Author(s) -
Monica Monica,
Fransiskus Eduardus Daromes,
Suwandi Ng
Publication year - 2021
Publication title -
jurnal ilmiah akuntansi dan bisnis/jurnal ilmiah akuntansi dan bisnis
Language(s) - English
Resource type - Journals
eISSN - 2303-1018
pISSN - 2302-514X
DOI - 10.24843/jiab.2021.v16.i02.p11
Subject(s) - enterprise value , business , stock exchange , value (mathematics) , sustainability , accounting , path analysis (statistics) , population , corporate social responsibility , public relations , finance , environmental health , political science , ecology , statistics , mathematics , machine learning , computer science , biology , medicine
This study investigates the role of women on boards as a mechanism to improve carbon emission disclosure, as a mediating effect influence on firm value. The population includes 122 nonfinancial companies listed on the Indonesia Stock Exchange from 2015 to 2019. The results of path analysis reveal that women on boards have a positive and significant effect on carbon emission disclosure, a positive but insignificant effect on firm value, and that carbon emission disclosure is pivotal in mediating women on boards and firm value. This study provides insights that persuade companies to maintain relationships with stakeholders by implementing environmental awareness and disclosing sustainability reports. Carbon emission disclosure as part of the sustainability report is a form of good corporate action in maintaining the balance of living systems on earth.
Keywords: women on boards, carbon emissions disclosure, firm value