Pengaruh Intensitas Emisi Karbon, Biaya Lingkungan dan Budaya Organisasi Hijau Terhadap Nilai Perusahaan
Main Article Content
Abstract
Penelitian ini bertujuan untuk menguji pengaruh intensitas emisi karbon, biaya lingkungan, dan budaya organisasi hijau terhadap nilai perusahaan. Penelitian ini menggunakan metode kuantitatif. Sumber data pada penelitian ini berasal dari laporan keberlanjutan serta laporan keuangan perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) sesuai dengan kriteria yang diperlukan penelitian dalam kurun waktu 2021-2023. Menggunakan metode purposive sampling, populasi penelitian diseleksi menggunakan kriteria-kriteria tertentu sesuai dengan keperluan penelitian. Dari hasil purposive sampling, diperoleh total sampel sebanyak 120 perusahaan sektor energi dan infrastruktur. Penelitian ini diuji dan diolah menggunakan uji statistika model regresi berganda dengan menggunakan bantuan dari perangkat lunak Eviews. Hasil analisis menunjukan bahwa secara parsial (1) tidak terdapat pengaruh Intensitas Emisi Karbon terhadap Nilai Perusahaan (2) tidak terdapat pengaruh Biaya Lingkungan terhadap Nilai Perusahaan (3) terdapat pengaruh Budaya Organisasi Hijau terhadap Nilai Perusahaan.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
A. Tahir, A., M.F. Samawi, K. Sari, R. Hidayat, R. Nimzet, E.A. Wicaksono, L. Asrul, & S. Werorilangi. 2019a. Studies on microplastic contamination in seagrass beds at Spermonde Archipelago of Makassar Strait, Indonesia.
A.K. Al-Swidi, H.M. Gelaidan, R.M Saleh (2018). “The joint impact of green human resource management, leadership and organizational culture on employees’ green behaviour and organizational environmental performance.” Vol 316.
Adrisa, F. S., Nurdin, A. A., dan Setiawan, I. (2021). Analisis Pengaruh Faktor Fundamental terhadap Harga Saham pada Perusahaan yang Konsisten Terdaftar di Jakarta Islamic Index. Journal of Applied Islamic Economics and Finance. 1(3), 710-717.
Agus Widarjono. (2013). Ekonometrika: Pengantar dan aplikasinya, Ekonosia, Jakarta.
Apriwandi, & Supriyono, R. A. (2021). “Actual participation: The effects of information sharing and familiarity team on budget decision quality. International Journal of Monetary Economics and Finance”, 14(2), 188–195.
Azhar, Z. A., Ngatno, & Wijayanto, A. (2018). Pengaruh Profitabilitas Terhadap Nilai Perusahaan Melalui Kebijakan Dividen Sebagai Variabel Intervening (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2012-2016).
Bahri, Syaiful, dan Febby Anggista Cahyani. 2016. Pengaruh Kinerja Lingkungan terhadap Corporate Financial Performance dengan Corporate Social Responsibility Disclosure sebagai Variabel Intervening. Jurnal Ekonomi Universitas Kediri.
Banerjee, S.B. (2002) Corporate Environmentalism: The Construct and Its Measurement. Journal of Business Research, 55, 177-191.
Brigham, E. F. dan J. F. Houston. 2016. Dasar-Dasar Manajemen Keuangan. Edisi
Buku 1. Terjemahan N. I. Sallama dan F. Kusumastuti. Salemba Empat. Jakarta.
C. Armstrong, P.C Flood, J. P Guthrie, W. Liu. S. MacCurtain. T. Mkamwa (2010). “The impact of diversity and equality management on firm performance: Beyond high performance work systems.”
C. Jabbour (2015). “Green human resource management and green supply chain management: linking two emerging agendas.”
Chandra, K., Arafah, W., & Basri, Y. Z. (2021). Analysis of the Effect of Green Organizational Culture on Organizational Performance and Competitive Advantages of Green through Green Innovation in Manufacturing Industries.
Chandrasekhar Krishnamurti, Eswaran Velayutham, The influence of board committee structures on voluntary disclosure of greenhouse gas emissions: Australian evidence, Pacific-Basin Finance Journal, Volume 50, 2018, Pages 65-81.
Chang, C.L.-h. and Lin, T.-C. (2015). "The role of organizational culture in the knowledge management process", Journal of Knowledge Management, Vol. 19 No. 3, pp. 433-455.
Chang, S. C., & Hwang, G. J. (2018) Impacts of an Augmented Reality-Based Flipped Learning Guiding Approach on Students’ Scientific Project Performance and Perceptions. Computers & Education, 125, 226-239.
Chen, J., Leung, W. S., & Goergen, M. (2017). This paper investigates whether female independent directors are more likely to impose high. Journal of Corporate Finance.
Craig Doidge, Alexander Dyck, Hamed Mahmudi, Aazam Virani, Collective Action and Governance Activism, Review of Finance, Volume 23, Issue 5, September 2019, Pages 893–933.
Daily, B. F., Bishop, J. W., & Govindarajulu, N. (2009). A Conceptual Model for Organizational Citizenship Behavior Directed Toward the Environment.
Datt, R., L. Luo, Q. Tang, and G. Mallik. 2018. “An International Study of Determinants of Voluntary Carbon Assurance.” Journal of International Accounting Research 17 (3): 1–20.
Deegan, Craig (2004), Financial Accounting Theory, New South Wales: McGraw- Hill Australia.
Dimson, E., P. Marsh, and M. Staunton. 2015. Responsible investing: Does it pay to be bad? Global Investment Returns Yearbook. Zurich: Credit Suisse Research Institute, 17–27.
E. Afum, Y.A. Mensah, Z. Sun (2020). “Exploring the link between green manufacturing, operational, competitiveness, firm reputation and sustainable performance dimensions: a mediated approach.”
Egbunike, A., & Okoro, G. (2018). Does green accounting matter to the profitability of firms? A canonical assessment. Ekonomski Horizonti.
Gabrielle, Toly, Agus (2019). “The Effect of Greenhouse Gas Emissions Disclosure and Environmental Performance on Firm Value: Indonesia Evidence.”
Ghozali, Imam. 2016. Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23 (Edisi 8). Cetakan ke VIII. Semarang : Badan Penerbit Universitas Diponegoro.
Ghozali, Imam. 2018. Aplikasi Analisis Multivariate dengan Program IBM SPSS 25.
Badan Penerbit Universitas Diponegoro: Semarang
Gurlek, Tuna 2018. “Reinforcing competitive advantage through green organizational culture and green innovation.” Vol 38.
Hansen, Don R. Mowen, Maryanne M (2018). Akutansi Manajerial, Edisi 8.
Hansen, Mowen, 2009. Akuntansi Manajerial, Terjemahan Dewi Fitriasari dan Deny Arnor Kwary, 7th ed. Salemba Empat, Jakarta.
J. Kurmarasiri 2017. “Stakeholder pressure on carbon emissions: strategies and the use of management accounting.”
J.Elsayih, R. Datt, Q. Tang (2021). “Corporate governance and carbon emissions performance: Empirical evidence from Australia.” Vol 28.
Kuncoro, 2013. Metode Penelitian Kuantitatif Kualitattif Dan R&D. Penerbit : Erlangga, Jakarta.
Luo, L., and Q. Tang. 2014a. “Does Voluntary Carbon Disclosure Reflect Underlying Carbon Performance?” Journal of Contemporary Accounting & Economics 10 (3): 191–205.
Luo, L., and Q. Tang. 2020. “Corporate Governance and Carbon Performance: Role of Carbon Strategy and Awareness of Climate Risk.” Accounting & Finance 61 (2): 2891–2934.
Luo, L., Q. Tang, and Y. C. Lan. 2013. “Comparison of Propensity for Carbon Disclosure Between Developing and Developed Countries.” Accounting Research Journal 26 (1): 6–34.
M. Ferrero, Jennifer, G.Meca, Emma 2020. “Internal corporate governance strength as a mechanism for achieving sustainable development goals.”
Meiyana, A. (2018). Pengaruh Kinerja Lingkungan, Biaya Lingkungan, dan Ukuran Perusahaan terhadap Kinerja Keuangan dengan Corporate Social Responsibility Sebagai Variabel Intervening.
Meiyana, A., & Aisyah, M. N. (2019). Ukuran Perusahaan terhadap Kinerja Keuangan dengan Corporate Social Responsibility sebagai Variabel Intervening (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2016 ). VIII(1)
Nachrowi,D Nachrowi dan Hardius Usman. 2006. Pendekatan Populer dan Praktis Ekonometrika Untuk Analisis Ekonomi dan Keuangan. Jakarta: Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.
Okafor 2018. “Environmental Cost Accounting and Reporting on firm finansial performance: A survei of Nigerian quoted oil companies.’ Vol. 7
Porter et al., 2016. “A qualitative analysis of institutional drivers and barriers to blended learning adoption in higher education.” Vol 28.
Qian, W., and S. Schaltegger. 2017. “Revisiting Carbon Disclosure and Performance: Legitimacy and Management Views.” The British Accounting Review 49 (4): 365–379.
Renwick, Redman & Maguire 2012. “Green Human Resource Management: A Review and Research Agenda.” Vol 15.
S. Hermawan, A.N. Maf’ulah (2014). Pengaruh kinerja keuangan terhadap nilai perusahaan dengan pengungkapan corporate social responsibility sebagai variabel pemoderasi.
S. Irawan, P. Apriwenni (2021). “Pengaruh Free Cash Flow, Finansial Distresss, dan Investment Opportunity Set Terhadap Manajemen Laba.”
S. Roscoe, N. Subramanian, C.J.C. Jabbour, T. Chong (2019). “Green human resource management and the enablers of green organizational culture: Enhancing a firm;s environmental performance for sustainable development.”
Setiawan, D., Lestari, S., Putra, D. S., & Azmi, M. (2018). Pemanfaatan Media Sosial untuk Membangun Sistem E-Learning di SMKN 1 Gunung Talang. INVOTEK: Jurnal Inovasi Vokasional dan Teknologi, 18(1), 7–12.
Sood S. Paediatric Dentistry. Primary Dental Journal. 2021;10(4):2-3.
Stephen P.Robbins, 2009. Manajemen, Jilid 1. Edisi Kesepuluh. Penerbit Erlangga. Su, X., Xu, A., Lin, W., Chen, Y., Liu, S., & Xu, W. (2020). Environmental
Leadership, Green Innovation Practices, Environmental Knowledge
Learning, and Firm Performance.
Suandi, Aily dan Ruchjana, E. T. 2021. Pengaruh Kinerja lingkungan dan Biaya Lingkungan Terhadap Return On Assets (ROA). Jurnal Riset Terapan Akuntansi, 5 (1): 87-95.
Subakhtiar, F. R., Sudaryanti, D. dan Anwar, S. A. 2022. Pengaruh Kinerja Lingkungan, Biaya Lingkungan, Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia (Studi Kasus Pada Perusahaan Food and Beverage Tahun 2019-2020). E-JRA Universitas Islam Malang, 11 (2): 81-93.
Sudiyanto, B., & Puspitasari, E. (2010). Tobin’s Q dan Altman Z-Score Sebagai Indikator Pengukuran Kinerja Perusahaan. Kajian Akuntansi, 2(1), 9–21.
Tang, Q., and L. Luo. 2014. “Carbon Management Systems and Carbon Mitigation.” Australian Accounting Review 24 (1): 84–98.
Tang, Q., and L. Luo. 2016. “Corporate Ecological Transparency: Theories and Empirical Evidence.” Asian Review of Accounting 24 (4): 498–524.
V. Hoffman, T. Busch 2008. “Coprorate Carbon Performance Indicators.”
V.A.D. Safitri, L.R.R Gamayuni (2019). “Research and Development (R&D), Environmental Investments, to Eco-Efficiency, and Firm Value.”
V.A.D. Safitri, D.A. Nani (2021). “Does Corporate Governance and Eco-Efficiency Contribute to Firm Value?: An Empirical Study in Indonesian State Owned Enterprises (SOEs).”
Van Duuren, E., Plantinga, A. & Scholtens, B. ESG Integration and the Investment Management Process: Fundamental Investing Reinvented. J Bus Ethics 138, 525–533 (2016)
Wang, C.-H. (2019). How organizational green culture influences green performance and competitive advantage: The mediating role of green innovation. Journal of Manufacturing Technology Management, 30(4), 666–683.
Zainab, A., & Burhany, D. I. (2020). Biaya Lingkungan , Kinerja Lingkungan , dan Kinerja Keuangan pada Perusahaan Manufaktur. Industrial Research Workshop and National Seminar, 11(1), 992–998.