Energy Efficiency Green Finance And Environmental Performance On Company Value Through Financial Performance
Riska Rosdiana- Irvan Hermala- Leni Nur Pratiwi

Universitas Mercu Buana

Abstract

This study aims to examine green finance, environmental performance, and corporate social responsibility disclosure on firm value through financial performance within the Sri-Kehati index during the period of 2018-2022. This research comprises a total sample of 7 companies out of 15 listed in the Sri-Kehati index for the 2018-2022 period using purposive sampling technique. The type of data used is secondary data obtained from annual reports and sustainability reports. The research analysis method employs a panel data regression model using E-Views 10 software. The results of this study indicate that green finance has a negative and insignificant effect on financial performance, environmental performance has a positive and significant effect on financial performance , financial performance has a positive and significant effect on firm value, green finance has a negative and insignificant effect on firm value, environmental performance has a positive and significant effect on firm value , Green Finance has an insignificant negative effect on Company Value through Financial Performance as a moderating variable, Environmental Performance has a significant negative effect on Company Value through Financial Performance as a mediating variable.

Keywords: Green Finance, Environmental Performance, Firm Value, Financial Performance, Sri-Kehati

Topic: Energy Sector Financial Reporting Standards