The Impact of Environmental Performance on Firm Value: Evidence from Indonesia
- DOI
- 10.2991/aebmr.k.210416.021How to use a DOI?
- Keywords
- environmental performance, firm value, Banten province
- Abstract
This study aims to analyze the variables of environmental performance on firm value in Indonesia. The environmental performance variable consists of four dimensions adopted from the Global Reporting Initiative (GRI 4.0), namely input material, non-product output, compliance aspects, and transportation aspects. The population of this research is all manufacturing companies located in Banten Province from 2016 to 2018, as many as 1,695 companies. The sample of this study consisted of five companies selected using the purposive sampling method. This study uses primary data obtained from answers to questions through a questionnaire given to 71 respondents and secondary data from the company’s financial statements. Data analysis using quantitative methods descriptive approach. By using multiple linear regression analysis the results are obtained: (i) environmental performance through input material dimensions has a significant negative effect on firm value, (ii) environmental performance through non-product output dimensions has a significant positive effect on firm value, (iii) environmental performance through dimensions of compliance aspects has a positive effect but are not significant to firm value, (iv) environmental performance through the transportation aspect has a negative effect but are not significant to firm value, (v) environmental performance through input material, non-product output, compliance aspects, and transportation aspects simultaneously effect on firm value.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Bahtiar Effendi PY - 2021 DA - 2021/04/19 TI - The Impact of Environmental Performance on Firm Value: Evidence from Indonesia BT - Proceedings of the 7th Regional Accounting Conference (KRA 2020) PB - Atlantis Press SP - 155 EP - 161 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210416.021 DO - 10.2991/aebmr.k.210416.021 ID - Effendi2021 ER -