Proceedings of the International Conference on Economics and Banking 2015

Analysis of Relationship of Environmental Performance and Firm Value

Authors
Kannya Purnamahatty Prawirasasra
Corresponding Author
Kannya Purnamahatty Prawirasasra
Available Online May 2015.
DOI
https://doi.org/10.2991/iceb-15.2015.31How to use a DOI?
Keywords
Environmental Performance, Environmental Disclosure, Environmental Management System, Firm Value
Abstract
Environmental has been an isuue for Indonesia, which impose threats to sustainable development, such as the impact of climate change and also energy and food crisis. Bank Indonesia as a regulator in banking industry, decided to publish the regulation about Green Banking, as an act to focus on raising awareeness and capacity building for bank, as a financial intermediary which play an important role to change the economic development. This study analyze the relationship between Environmental performance and firm value, which is measured with Tobin’s Q ratio. The sample data is obtained from 41 banks that listed in Indonesia Stock Exchanges (BEI) in the period of 2011 – 2013. The methodolgy conducted in this study is multiple linear regression. The outcome of this study indicates there is a postive relationship between environmental performance and firm value. This result is in line with previous similar studies which were based on data from other sectors in Indonesia
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Proceedings
International Conference on Economics and Banking (iceb-15)
Part of series
Advances in Economics, Business and Management Research
Publication Date
May 2015
ISBN
978-94-62520-86-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/iceb-15.2015.31How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Kannya Purnamahatty Prawirasasra
PY  - 2015/05
DA  - 2015/05
TI  - Analysis of Relationship of Environmental Performance and Firm Value
BT  - International Conference on Economics and Banking (iceb-15)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/iceb-15.2015.31
DO  - https://doi.org/10.2991/iceb-15.2015.31
ID  - Prawirasasra2015/05
ER  -