PENGARUH PENGUNGKAPAN ESG TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL MEDIASI: STUDI EMPIRIS PERUSAHAAN SEKTOR KEUANGAN YANG TERDAFTAR PADA BURSA EFEK INDONESIA TAHUN 2022 – 2024

This study aims to analyze the influence of ESG disclosure on company value by mediating profitability in banking finance companies listed on the Indonesia Stock Exchange in 2022-2024. This research method uses a quantitative approach with multiple linear regression analysis on 42 samples selected through purposive sampling. ESG disclosures are measured based on the percentage of disclosure items using dummy item variables that have been met, company value is measured using Tobin's Q and profitability is measured using Return on Equity (ROE). The
findings show that ESG disclosures have an effect on company value and profitability. In addition, profitability affects the value of the company. However, profitability cannot mediate the influence of ESG disclosures on company value. These findings suggest that in banking companies the benefits of ESG disclosure will be seen in the long term while profitability tends to reflect short-term performance so profitability mediation does not occur.