Green accounting, financial performance toward firm value
List of Authors
  • Rafrini Amyulianthy , Tri Astuti

Keyword
  • Stakeholder Theory, Legitimacy Theory, Green Accounting, Green Human Resources, Financial Performance, Social Responsibility, Corporate Values, Sustainable Development

Abstract
  • This study aims to determine the significance of the effect of green accounting, financial performance on firm value (price book value proxy) on the Indonesian Biodiversity Sustainable and Responsible Investment (SRI) Index Company (KEHATI) for the 2015-2020 period. The number of samples in this study was 79 samples with the purpose of sampling method. Data collection is carried out through financial reports published on the official IDX website, at www.idx.co.id and sustainability reporting. The data analysis model used is multiple linear regression with the least squares equation. The results of this study indicate that Green Accounting has no effect on Firm Value, ROA has a significant negative effect on Firm Value. The determination test of these variables on PBV in this study was 15.6% while the remaining 84.4% was influenced by other variables that are not to be examined in this company.

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