Proceedings of the 7th Regional Accounting Conference (KRA 2020)

The Impact of Environmental Performance on Firm Value: Evidence from Indonesia

Authors
Bahtiar Effendi
Corresponding Author
Bahtiar Effendi
Available Online 19 April 2021.
DOI
https://doi.org/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/).

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Volume Title
Proceedings of the 7th Regional Accounting Conference (KRA 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
19 April 2021
ISBN
978-94-6239-366-0
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.210416.021How to use a DOI?
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  - https://doi.org/10.2991/aebmr.k.210416.021
ID  - Effendi2021
ER  -