MENGEKSPLORASI PENGARUH MEDIA EXPOSURE, KEPEMILIKAN MANAJERIAL, DAN PROFITABILITAS TERHADAP PENGUNGKAPAN PRAKTIK ESG (STUDI EMPIRIS PERUSAHAAN LQ45 YANG TERCANTUM DI BURSA EFEK INDONESIA PERIODE 2018-2022)

Businesses must adjust to the concept of sustainable development in this era of globalization. The concept of Environmental, Social, and Governance (ESG) is currently the main tool used to evaluate the morality and sustainability of a company's business tactics. Sustainability values in ESG are increasingly crucial for stakeholders in making their decisions and assessments of the company. The sampling technique used is the purposive sampling technique. This study uses an associative quantitative research method with a panel data regression method processed through Eviews 12 software. The population used by the researcher is LQ45 companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The sample in this study refers to a small part of the population selected using a certain method so that it can represent the population as a whole up to a sample of 13 out of 45 populations per year. The purpose of this study is to see how ESG disclosure in LQ45 companies is affected by media exposure, managerial ownership, and profitability. Media exposure is measured using the variables dummy 1 (if the company discloses ESG on its website) and dummy 0 (if the company does not disclose ESG on its website), managerial ownership is calculated through the number of shares owned by the management divided by the total shares outstanding by the final result in the form of a percentage, and profitability is calculated using the ROA ratio. The result of this study is that media exposure has a significant influence on ESG disclosure. Managerial ownership with ESG disclosure levels has a positive influence and profitability has a positive effect on ESG disclosure.

Keywords: environmental, social and governance, media exposure, managerial ownership, profitability