| dc.contributor.author | Rai, Ni Made Gianti Dirdasih Sidi | |
| dc.date.accessioned | 2026-04-11T08:46:31Z | |
| dc.date.available | 2026-04-11T08:46:31Z | |
| dc.date.issued | 2023 | |
| dc.identifier.uri | https://dspace.uc.ac.id/handle/123456789/9342 | |
| dc.description | Companies are currently required not only to seek economic benefits, but are also required to be able to operate and contribute to sustainable economic development. One form of sustainability is the implementation of environmental, social, governance (ESG) based economic activities. The company requires additional capital to support the implementation of the ESG. This study aims to prove the relationship between the ESG disclosure score and the cost of capital. The ESG disclosure score is proxied individually, namely the environmental disclosure score, the social disclosure score and the governance disclosure score taken from the refinitive. The cost of capital in this study is proxied to the cost of debt and the cost of equity. The population of this study are manufacturing companies listed on the Indonesia Stock Exchange in 2014-2021. Data collection uses secondary data from annual reports and ESG disclosure scores from Refinitiv. Data analysis used multiple linear regression with the help of Stata software version 17. The results of the study stated that the environmental, social disclosure score had no effect on the cost of equity. Governance disclosure score has a negative effect on the cost of equity. Environmental, governance disclosure score has no effect on the cost of debt. Social disclosure score has a significant negative effect on the cost of debt. | en_US |
| dc.description.abstract | Perusahaan saat ini dituntut tidak hanya mencari keuntungan ekonomi saja, namun juga dituntut untuk dapat beroperasional dan berkontribusi dalam pembangunan ekonomi yang berkelanjutan. Salah satu bentuk keberlanjutan adalah penerapan kegiatan ekonomi berbasis environmental, social, governance (ESG). Perusahaan memerlukan modal tambahan untuk mendukung penerapan ESG tersebut. Penelitian ini bertujuan untuk membuktikan hubungan ESG disclosure score terhadap biaya modal. ESG disclosure score diproksikan secara individu yaitu environmental disclosure score, social disclosure score dan governance disclosure score diambil dari refinitiv. Biaya modal pada penelitian ini diproksikan pada cost of debt dan cost of equity. Populasi penelitian ini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2014-2021. Pengumpulan data menggunakan data sekunder berasal dari laporan tahunan dan ESG disclosure score dari refinitiv. Analisis data menggunakan regresi linear berganda dengan bantuan software Stata versi 17. Hasil penelitian menyatakan bahwa environmental, social disclosure score tidak berpengaruh terhadap cost of equity. Governance disclosure score berpengaruh negatif terhadap cost of equity. Environmental, governance disclosure score tidak berpengaruh terhadap cost of debt. Social disclosure score berpengaruh negatif signifikan terhadap cost of debt. | en_US |
| dc.publisher | UNIVERSITAS CIPUTRA SURABAYA | en_US |
| dc.subject | environmental disclosure score, social disclosure score, governance disclosure score, cost of debt, cost of equity. | en_US |
| dc.subject | environmental disclosure score, social disclosure score, governance disclosure score, cost of debt, cost of equity | en_US |
| dc.title | PENGARUH ESG DISCLOSURE SCORE TERHADAP BIAYA MODAL PADA PERUSAHAAN MANUFAKTUR TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014 - 2021 | en_US |
| dc.type | Thesis | en_US |
| dc.identifier.kodeprodi | 62201 | |
| dc.identifier.nim | 0106041910045 | |
| dc.identifier.dosenpembimbing | Anastasia Filiana Ismawati | |
