Foreign ownership, green intellectual capital, and carbon emissions in basic materials sector and the energy companies

Abstract

The issue of environmental damage has encouraged the world community to commit together to save the environment, one of which is by reducing carbon emissions in each country. Indonesia is one of the countries committed to controlling the destruction of the earth. This study aimed to obtain empirical evidence on the Effect of Foreign Ownership and Green Intellectual Capital on Carbon Emission Disclosure on basic materials and energy sector companies listed on the Indonesia Stock Exchange 2018-2022. The type of data used was secondary data from the Annual Report and Sustainability Report, and 105 samples consisting of 21 companies in 5 periods are determined by using the purposive sampling method. Data analysis was performed with a panel regression model using the E-Views application version 12. The result of this study shows that Foreign Ownership has a positive effect unsignificant and Green Intellectual Capital had a significant positive effect on Carbon Emission Disclosure.