Research Article
Effect of Environmental Accounting Disclosure, Firm Size, and Growth Opportunity on Stock Return: Empirical Evidence on Mining Companies Listed on the Indonesia Stock Exchange
@INPROCEEDINGS{10.4108/eai.13-9-2023.2341201, author={Meisy Kristanoly Jesika and Darmae Nasir and Golda Belladonna Umbing}, title={Effect of Environmental Accounting Disclosure, Firm Size, and Growth Opportunity on Stock Return: Empirical Evidence on Mining Companies Listed on the Indonesia Stock Exchange}, proceedings={Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia}, publisher={EAI}, proceedings_a={ICEBE}, year={2023}, month={12}, keywords={environmental accounting disclosure firm size growth opportunity stock return}, doi={10.4108/eai.13-9-2023.2341201} }- Meisy Kristanoly Jesika
Darmae Nasir
Golda Belladonna Umbing
Year: 2023
Effect of Environmental Accounting Disclosure, Firm Size, and Growth Opportunity on Stock Return: Empirical Evidence on Mining Companies Listed on the Indonesia Stock Exchange
ICEBE
EAI
DOI: 10.4108/eai.13-9-2023.2341201
Abstract
The purpose of this study was to examine the effect of Environmental Accounting Disclosure, Firm Size, and Growth Opportunity in Stock Return. This study uses panel data with 126 observation samples from mining companies listed on the Indonesia Stock Exchange in 2019-2021. The results of this study indicate that environmental accounting disclosure and growth opportunity have an effect on stock returns, while firm size has no effect on stock return. The implications of the study indicate that the more environmental accounting disclosure made by companies and high growth opportunity can increase stock prices and have a positive impact on stock return. Conversely, firm size is not an important indicator that investors pay attention to
