Implementation of Green Accounting and Risk Management Disclosure on Firm Value

Abstract

Firm value is a crucial aspect that must be maintained and continuously enhanced by companies. Firm value itself can be influenced by several factors, including the implementation of green accounting and risk management disclosure. This study aims to examine how the implementation of green accounting and the disclosure of risk management contribute to firm value. The research focuses on financial sector companies listed on the Indonesia Stock Exchange (IDX) in 2023. Data analysis was conducted using the Generalized Additive Model (GAM) through R Studio. The results indicate that the implementation of green accounting and the disclosure of risk management do not have a significant effect on firm value.