Journal of Finance and Business Digital (JFBD)
Vol. 2 No. 2 (2023): June 2023

The Analysis of Environmental Performance to Moderate The Effect of Financial Performance on Firm Value

Eti Yustika Hartono (Universitas Muhammadiyah Purwokerto)
Hadi Pramono (Universitas Muhammadiyah Purwokerto)
Edi Joko Setyadi (Universitas Muhammadiyah Purwokerto)
Annisa Ilma Hartikasari (Universitas Muhammadiyah Purwokerto)



Article Info

Publish Date
15 Jun 2023

Abstract

This study aims to determine how the impact of the implementation of Financial Performance on Firm Value with Evironmental Performance as a moderating variable. The population of this study is all companies listed on Bursa Efek Indonesia in 2019-2021. The sample has been determined by purposive sampling technique, the predetermined criteria was successful obtained 63 of sample companies listed on Bursa Efek Indonesia and obtained a PROPER rating. Data were analyzed using Moderating Regression Analysis. The result of this research indicated that : 1) ROA has a negative effect on firm value, 2) ROE has a positive effect on firm value, 3) Environmental performance is able to moderate ROA on firm value, 4) Environmental Performance unable to moderate ROE on firm value.

Copyrights © 2023






Journal Info

Abbrev

jfbd

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Journal of Finance and Business Digital (JFBD) publishes original research articles and inquiries into issues of finance, Business digital, economics, and business management. JFBD is an international peer-reviewed journal, which is devoted to contemporary and empirical research related to finance, ...