Economic development in Indonesia continues to increase and the demand aspect is also responded well. Even though not many companies have made Environmental, Social, Governance (ESG) disclosures, understanding regarding the investment community continues to increase. ESG can be used as a standard for companies to implement company policies that are in line with environmental, social and governance concepts. This research aims to determine the influence of ESG on company value which is moderated by dividend policy in companies listed on the Indonesia Stock Exchange. The sample for this research is companies listed on the IDX in 2017-2021. The analysis carried out was a hierarchical regression using SPSS 21 software. The analysis concluded that ESG was proven to be able to influence the value of companies listed on the IDX 2017-2021. Dividend policy has also been proven to be able to moderate the influence of ESG on the value of companies listed on the IDX 2017-2021.
Keywords: ESG, Company Value, Dividend Policy
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