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Abstract
This research analyzes the impact of Environmental, Social, and Governance (ESG) disclosure on the value of Indonesian Stock Exchange-listed companies, particularly in the mining sector. Company value, often measured by Tobin's Q, reflects financial performance and investor appeal. The mining sector faces challenges like declining Tobin's Q values and environmental issues such as river pollution and ecosystem damage. ESG disclosure is crucial for indicating corporate sustainability; environmental disclosure demonstrates commitment to preservation through waste management and emissions reduction, social aspects cover community responsibility and employee welfare, and governance emphasizes transparency and accountability. Employing signaling theory, the research explores how ESG disclosure can positively signal to investors, enhance reputation, and influence market value. This study aims to contribute to the literature on the ESG-company value relationship and recommend enhanced transparency and sustainability in corporate operations, supporting financially, socially, and environmentally responsible business practices