Year: 2025
Type: article
Abstract: This study aims to analyze environmental performance's effect on firm value and profitability can moderate the effect of environmental performance on firm value. This study uses stakeholder theory and signaling theory. This study uses secondary data. The population in this study were manufacturing companies listed on the Indonesia Stock Exchange during the 2021-2023 period. The number of companies that met the sampling criteria was 33 companies with a total sample of 99. The data analysis technique for this study was carried out using the Statistical Package for the Social Sciences (SPSS) software. The results of this study indicate that environmental performance has a significant effect on firm value. The results of this study also indicate that profitability can moderate the effect of environmental performance on firm value.
Source: AJAR
DOI: 10.35129/jz1hhx79
Authors: Michel Tunggadi, Kunradus Kampo
Institution: Universitas Atma Jaya Makassar
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4413524356