THE EFFECT OF PROFITABILITY, CAPITAL STRUCTURE, AND ESG DISCLOSURE ON FIRM VALUE IN INFRASTRUCTURE COMPANY

Authors

  • Esa Wahyu Islami Universitas Islam Lamongan
  • Rosdiyati Universitas Islam Lamongan
  • Abdul Ghofur Universitas Islam Lamongan
  • Erna Hayati Universitas Islam Lamongan

Keywords:

Profitability, Capital Structure, ESG (Environmental, Social, and Governance)

Abstract

This study aims to determine the effect of Profitability, Capital Structure, and ESG (Environmental, Social, and Governance) Disclosure partially and simultaneously on Company Value. This study uses secondary data obtained from annual reports and sustainability reports of infrastructure sector companies listed on the Indonesia Stock Exchange for the period 2021-2024. The research method used is a quantitative method using multiple linear regression and analyzed with SPSS software version 31. The results of this study indicate that partially Profitability has a significant effect on Company Value, Capital Structure has no effect on Company Value, ESG (Environmental, Social, and Governance) Disclosure has a significant effect on Company Value, Meanwhile, simultaneous tests show that Profitability, Capital Structure, and ESG (Environmental, Social, and Governance) Disclosure together have a significant effect on Firm Value.

 

References

Burhanudin, M., & Cipta, W. (2021). Pengaruh Struktur Modal dan Ukuran Perusahaan terhadap Nilai Perusahaan pada Perusahaan Sub Sektor Perdagangan Besar Barang Produksi yang Terdaftar di Bursa Efek Indonesia pada Tahun 2016-2018. Jurnal Akuntansi Profesi, 12(1), 192–202.

Mahanani, H. T., & Kartika, A. (2022). Pengaruh Struktur Modal, Likuiditas, Ukuran Perusahaan, dan Profitabilitas terhadap Nilai Perusahaan. Fair Value : Jurnal Ilmiah Akuntansi Dan Keuangan, 5(1), 360–372.

Muhammad, S., Osman, A., & Jamaluddin, A. (2021). Pengaruh Profitabilitas terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi di Bursa Efek Indonesia Tahun 2017-2019). Jurnal Neraca Peradaban, 1(2), 128–135.

Ramdania, A. N., & Haryati, T. (2025). Pengaruh ESG, Asimetri Informasi, dan Dividend Payout Ratio terhadap Nilai Perusahaan. Jurnal Ekonomi Pembangunan STIE Muhammadiyah Palopo, 11(1), 96.

Silalahi, E. R. ., & Sihotang, V. A. . (2021). Pengaruh Struktur Modal, Pertumbuhan Perusahaan dan Ukuran Perusahaan terhadap Nilai Perusahaan pada Perusahaan Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi & Komputerisasi Akuntansi, 7(2), 153–166.

Downloads

Published

2026-10-20

How to Cite

Wahyu Islami, E., Rosdiyati, Ghofur , A., & Hayati, E. (2026). THE EFFECT OF PROFITABILITY, CAPITAL STRUCTURE, AND ESG DISCLOSURE ON FIRM VALUE IN INFRASTRUCTURE COMPANY. JEKMA (Jurnal Ekonomi Mahasiswa), 4(2), 556–565. Retrieved from https://jurnalekonomi.unisla.ac.id/index.php/JEKMA/article/view/2932

Issue

Vol. 4 No. 2 (2026): Jurnal Ekonomi Mahasiswa (JEKMA)

Section

Artikel

License

Copyright (c) 2026 Esa Wahyu Islami, Rosdiyati, Abdul Ghofur , Erna Hayati

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Most read articles by the same author(s)

1 2 > >>