The Effect of Corporate Sustainability Performance on the Values of Companies Listed in the Sri Kehati Index

Dahlia Pinem; Sindi Aulia

doi:10.55927/fjsr.v2i3.3073

Authors

Dahlia Pinem Universitas Pembangunan Nasional Veteran Jakarta
Sindi Aulia Universitas Pembangunan Nasional Veteran Jakarta

DOI:

https://doi.org/10.55927/fjsr.v2i3.3073

Keywords:

Corporate Sustainability Performance, Corporate Values, Community Components, Employee Components, Environmental Components Corporate Governance Components

Abstract

This study aims to determine and analyze the effect of Corporate Sustainability Performance as measured by the community component, employee component, environmental component and corporate governance component on corporate value as proxied by the Tobins Q ratio. The approach used in this study is a quantitative approach. This research was conducted on companies that are constituently listed on the Sri Kehati Index by taking a sample of 22 companies using a total sampling technique. Panel data regression analysis was used in this study using Eviews 12. The results of this study indicate that (1) the components of society, employees, environment and corporate governance have an effect on firm value, (2) community components have an effect on firm value, (3) employee component has no effect on firm value, (4) environmental component has no effect on firm value and (5) corporate governance component has no effect on firm value

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