Pengaruh Kontribusi Wanita, Green Accounting, dan Ukuran Perusahaan Dalam Meningkatkan Nilai Perusahaan
-
Kezia Agina Bangun
*
Universitas Katolik Indonesia Atma Jaya, Jakarta,
Indonesia
- Thia Margaretha Tarigan Universitas Katolik Indonesia Atma Jaya, Jakarta, Indonesia (*) Corresponding Author
Abstract
This study examines the effect of women’s contribution, green accounting, and firm size on firm value in infrastructure companies listed on the Indonesia Stock Exchange during the 2020–2024 period. Focuses on infrastructure companies because the sector plays a strategic role in Indonesia's economic development. The sample was selected through purposive sampling and secondary data from infrastructure companies with consistently available annual reports and audited financial statements during the observation period. By using a quantitative approach method. The results indicate that women directors do not affect firm value (p = 0,278). Indicated the female board representation is not yet a major consideration for investors. Women commissioners has a positive effect on firm value (p < 0,000). Their presence strengthens supervision and corporate governance. Green accounting do not affect firm value (p = 0,709). ISO 14001 certification ownership is insufficient to influence investor decisions, as investors place greater emphasis on financial performance indicators. Firm size has a positive effect on firm value (p = 0,006). The large companies are perceived as more stable and financially capable. These findings support signaling theory, which suggests that corporate information influences investor assessment and firm value. The contribution of this research lies in providing empirical evidence on the effects of women's participation, represented by women directors and women commissioners, green accounting, and firm size on firm value in Indonesia's infrastructure sector. Furthermore, the findings offer practical implications for corporate management in enhancing corporate governance quality and sustainability practices to support firm value creation.
Downloads
References
Alifian, D., & Susilo, D. (2024). Pengaruh Profitabilitas, Likuiditas, Ukuran Perusahaan Dan Struktur Modal Terhadap Nilai Perusahaan. Owner: Riset & Jurnal Akuntansi, 8(1), 46–55. https://doi.org/10.33395/owner.v8i1.1914
Apriani, S., & Mursal. (2021). Analisis Pengaruh Komite Audit, Kepemilikan Manajerial, Dewan Direksi, dan Dewan Komisaris Terhadap Nilai Perusahaan Pada Perusahaan Perkebunan Yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2014-2018. Zona Keuangan: Program Studi Akuntansi Universitas Batam, 11(2), 57-68. https://doi.org/10.37776/zuang.v11i2.805
Arigestawan, K., & Astawa, I. (2025). Pengaruh Green Accounting, Profitabilitas, dan Aktivitas Operasional Perusahaan Terhadap Nilai Perusahaan: Studi pada Perusahaan Manufaktur Tahun 2021-2023. Vokasi: Jurnal Riset Akuntansi, 14(1), 20-29. https://doi.org/10.23887/vjra.v14i1.100131
Bita, F., Hermuningsih, S., & Maulida, A. (2021). Pengaruh Profitabilitas, Likuiditas, dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Syntax Transformation, 2(03), 298–306. https://doi.org/10.46799/jst.v2i3.233
Delvia, S., & Helmy, H. (2024). Pengaruh Penerapan Green Accounting dan Pengungkapan Corporate Social Responsibility (CSR) terhadap Nilai Perusahaan. Jurnal Eksplorasi Akuntansi, 6(4), 1372–1389. https://doi.org/10.24036/jea.v6i4.1737
Faradila, S. (2025). Pengaruh Dewan Direksi Wanita Terhadap Nilai Perusahaan: Kepatuhan Etika dan Sosial Sebagai Variabel Mediasi Yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2022. JALAK: Jurnal Akuntansi Lancang Kuning, 3(1), 85-92.
Harianto, R., & Hendrani, A. (2022). Pengaruh Profitabilitas, Leverage, dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan, 4(9), 3869-3877. Retrieved from https://digilib.esaunggul.ac.id/pengaruh-profitabilitas-leverage-dan-ukuran-perusahaan-terhadap-nilai-perusahaan-25860.html
Hikmawati, M. (2022). Pengaruh Penerapan Corporate Governance, Keberadaan Dewan Direksi Perempuan, dan Struktur Kepemilikan Terhadap Nilai Perusahaan Yang Terdaftar di Bursa Efek Indonesia. Ekobis: Jurnal Ilmu Manajemen dan Akuntansi, 10(1), 105-115. https://doi.org/ekobis.v10i1.777
Ghozali (2020). 25 Grand Theory: Teori Besar Ilmu Manajemen, Akuntansi dan Bisnis. Fakultas Ekonomi dan Bisnis, Universitas Diponegoro.
Ghozali. (2021). Aplikasi Analisis Multivariate dengan Program IBM SPSS 26 Edisi 10. Badan Penerbit Universitas Diponegoro.
Ignacio, R., & Lasar, H. (2024). Pengaruh Eksistensi Dewan Komisaris Wanita dan Faktor Lainnya Terhadap Nilai Perusahaan. Media Bisnis, 16(1), 131-154.
Kusmawati, S., & Anisah, N. (2025). The Effect Of Green Accounting and Intellectual Capital On Firm Value With Business Strategy As A Moderation Variable. Jurnal Akuntansi Bisnis, 18(1), 146-164. https://doi.org/10.30813/jab.v18i1.7871
Leonita, C., Soei, C., & Muliawati. (2025). Pengaruh Proporsi Direksi Wanita Terhadap Nilai Perusahaan Tbk di BEI Periode 2017-2021. Parahyangan Management Science and Practices Review, 2(1), 1-10. Retrieved from https://journal.unpar.ac.id/index.php/PMSAPR/article/view/10102
Lestari, A., & Khomsiyah. (2023). Pengaruh Kinerja Lingkungan, Penerapan Green Accounting, dan Pengungkapan Sustainability Report Terhadap Nilai Perusahaan. Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (Jebma), 3(3), 527-539. https://doi.org/10.47709/jebma.v6i2
Nurahma, S., & Budiharjo, R. (2022). Pengaruh Keputusan Pendanaan, Ukuran Perusahaan, Ukuran Dewan Komisaris, dan Return On Asset Terhadap Nilai Perusahaan. Jurnal Riset Manajemen Dan Bisnis, 7(1), 35–48. https://doi.org/10.36407/jrmb.v7i1.364
Pradana, M., & Khairusoalihin. (2021). Pengaruh Board Diversity, Kompensasi Dewan Direksi dan Kepemilikan Manajerial Dewan Direksi Terhadap Nilai Perusahaan. Jurnal Ilmiah FaIkultas Ekonomi Universitas Flores, 11(1), 1–20. https://doi.org/10.37478/als.v11i1.824
Prasetyaningsih, E. , & Purwaningsih, E. (2023). Pengaruh Dewan Direksi, Dewan Komisaris, dan Komite Audit Terhadap Nilai Perusahaan. Journal of Advances in Digital Business and Entrepreneurship, 2(1), 10-22. Retrieved from https://intropublicia.org/index.php/jadbe/article/view/69
Precia, Y., & Setyawan, I. (2023). Pengaruh Keberadaan Direksi Wanita, Leverage, dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Manajerial dan Kewirausahaan, 5(3), 814-822. https://doi.org/10.24912/jmk.v5i3.25451
Puspawati, I., Dewi, N., & Dewi. (2026). Pengaruh Green Accounting, Pengungkapan Emisi Karbon, dan Struktur Modal Terhadap Nilai Perusahaan. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha, 17(1), 1-15. https://doi.org/10.23887/jimat.v17i01.109134
Putra, R., & Gantino, R. (2021). Pengaruh Profitabilitas, Leverage, dan Ukuran Perusahaan terhadap Nilai Perusahaan. Esensi: Jurnal Bisnis dan Manajemen, 11(1), 81-96. https://doi.org/10.15408/ess.v11i1.20338
Setiawan, D., Rohanda, I., & Abbas, D. (2021). Pengaruh Profitabilitas, Leverage, Ukuran Perusahaan, Struktur Modal Dan Net Profit Margin Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Consumer Goods yang Terdaftar di Bursa Efek Indonesia 2016-2018). Prosiding Seminar Nasional Ekonomi dan Bisnis, Universitas Muhammadiyah Jember, 417-424. https://doi.org/10.32528/psneb.v0i0.5193
Sugiyono (2023). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Alfabeta. Bandung.
Suryadi, H., & Djashan, I. (2024). Contribution of Women and Environmental Management on Firm Value, JIAK (Jurnal Ilmiah Akuntansi dan Keuangan), 13(1), 25-34. https://doi.org/10.32639/jiak.v13i1.830
Susesti, D., & Wahyuningtyas, E. (2022). Pengaruh Profitabilitas, Leverage, dan Ukuran Perusahaan Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan LQ45 Pada Bursa Efek Indonesia Periode 2018-2020). Accounting and Management Journal, 6(1), 36-49. doi: https://doi.org/10.33086/amj.v6i1.2821
Wulandari, A., & Fauzan. (2023). Pengaruh Gender Diversity Dewan Direksi, Dewan Komisaris, dan Kinerja Keuangan dan Terhadap Nilai Perusahaan (Studi Pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022), 1-6.
Bila bermanfaat silahkan share artikel ini
Berikan Komentar Anda terhadap artikel Pengaruh Kontribusi Wanita, Green Accounting, dan Ukuran Perusahaan Dalam Meningkatkan Nilai Perusahaan
Pages: 397-408
Copyright (c) 2026 Kezia Agina Bangun, Thia Margaretha Tarigan
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (Refer to The Effect of Open Access).
