The Impact of Non-Financial Information to Firm Value: Study on The Sri-Kehati Index of the Indonesian Stock Exchange Before the Covid-19 Pandemic

This study aims to reveal environmental performance and the extent to which disclosure of sustainability reports influence Firm Value in public companies in Indonesia, which have an excellent record of compliance with the Government's environmental regulatory obligations. This study also tries to answer that non-financial information is currently significant for investors' investment decisions. This research sample is companies indexed by Sri-Kehati on the Indonesian stock exchange observation period of 2014-2018. Observation data for four years amounted to 55 and processing the regression data by E-views application. The study results indicate that environmental performance has no significant effect on firm value, but the disclosure on sustainability reports positively impacts corporate value. This study's results impact the companies sampled in this study to redefine their environmental strategies. It can see from the efforts they have made in various processes and considerable funding towards environmental problems. The greenhouse gas emissions they have done have not become a big concern for investors, although they appreciate the company's efforts to report these efforts to the public openly