Studi Awal Pengungkapan Keberlanjutan Berbasis IFRS S1 dan Nilai Perusahaan: Peran Risiko ESG
DOI:
https://doi.org/10.30651/stb.v6i1.30580Kata Kunci:
IFRS S1, Nilai Perusahaan, Laporan Berkelanjutan, ESGAbstrak
Penelitian ini mengkaji pengaruh pengungkapan keberlanjutan berbasis IFRS S1 terhadap nilai perusahaan serta menganalisis peran risiko ESG pada periode pra-implementasi di Indonesia. Penelitian ini menggunakan desain kuantitatif dengan data cross-sectional yang bersumber dari 40 perusahaan yang tergabung dalam Indeks SRI-KEHATI 45 tahun 2024. Data dianalisis menggunakan metode Partial Least Squares–Structural Equation Modeling (PLS-SEM). Hasil penelitian menunjukkan bahwa pada fase pra-implementasi, pengungkapan keberlanjutan berbasis IFRS S1 belum memberikan pengaruh positif yang signifikan terhadap nilai perusahaan. Sebaliknya, risiko ESG terbukti memiliki pengaruh positif yang signifikan secara parsial terhadap nilai perusahaan. Namun demikian, risiko ESG tidak berperan sebagai variabel moderasi dalam hubungan antara pengungkapan keberlanjutan berbasis IFRS S1 dan nilai perusahaan. Penelitian ini berkontribusi pada literatur dengan memberikan bukti empiris mengenai dampak pra-implementasi IFRS S1 dan peran risiko ESG terhadap nilai perusahaan. Selain itu, temuan ini memberikan implikasi praktis bagi regulator dan praktisi, khususnya terkait perlunya penguatan pedoman implementasi, peningkatan pengawasan kualitas pengungkapan, serta perbaikan kepatuhan formal terhadap standar IFRS S1.
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