Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
P-Index
This Author published in this journals
All Journal Community Engagement and Emergence Journal (CEEJ) International Journal of Management, Entrepreneurship, Social Science and Humanities (IJMESH)
Yunieta Anny Nainggolan
Bandung Institute of Technology
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
The Relationship of Firm Value and Profitability With ESG Disclosures in Property and Real Estate Companies in Indonesia Stock Exchange Renhard Panjaitan; Yunieta Anny Nainggolan
International Journal of Management, Entrepreneurship, Social Science and Humanities Vol. 9 No. 1 (2025): July - December Issue
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijmesh.v9i2.3424

Abstract

This research aims to investigate the relationship between firm value and profitability on Environmental, Social, and Governance (ESG) disclosure on property and real estate companies listed on the Indonesian Stock Exchange. The sample used was 32 samples with 32 observations using the purposive sampling technique. The data used is secondary data, with the data collection method using content analysis. The analysis technique used is linear regression analysis. The dependent variable is ESG Score; the independent variables are two performance indicators (Tobin’s Q and Return on Assets); the control variables are firm size and financial leverage. standards. A one-year lag consideration is used on ESG disclosure. The results of the research indicate (1) firm value and profitability, as measured by Tobin's Q and Return on Assets, respectively, simultaneously have a significant and positive relationship on the level of ESG disclosure; (2) firm value, as measured by Tobin's Q, does not have a significant relationship on the level of ESG disclosure. (3) profitability, as measured by Return on Assets, has a significant and positive relationship with the level of ESG disclosure.  Research findings are beneficial for investors, fund managers, policymakers, and property and real estate companies. The author further provides suggestions to executives on ESG investment and practices to gain the benefits of such investments.
Financial Feasibility Analysis of Carbon Credit-Based Mangrove Forest Restoration Project (Case Study: Mahkota Mangrove Indonesia, Indramayu, West Java) Widia Mulyati; Yunieta Anny Nainggolan; Dadang Suryana
Community Engagement and Emergence Journal (CEEJ) Vol. 5 No. 5 (2024): Community Engagement & Emergence Journal (CEEJ)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ceej.v6i2.8427

Abstract

This study aims to fill the gap in the financial feasibility study of FOLU-based carbon projects by using a case study of a carbon credit-based mangrove forest restoration project initiated by Mahkota Mangrove Indonesia (Mangrovin) in Indramayu, West Java in an area of ??340 hectares. A descriptive quantitative approach is used in this study by applying financial modeling methods, including Net Present Value (NPV), Internal Rate of Return (IRR), and Discounted Payback Period (DPBP). Data were obtained through primary and secondary sources. Common allometric equations from Komiyama et al. (2005) are used to calculate the carbon sequestration potential which is then converted into carbon credits considering project emissions and uncertainty buffers. Cash flows for 30 years are projected using discounting based on green bond and SRI yields. The results of the analysis show strong financial feasibility with an NPV of IDR 223 billion, an IRR of 25.18%, and a DPBP of 7 years. It is known that WACC and revenue factors have the greatest influence on NPV based on sensitivity analysis. A change of ±20% WACC has impact of 30.9% and -23% on NPV, meanwhile revenue factors have an impact of ±24.1%-24.5% on NPV.
Co-Authors Dadang Suryana Renhard Panjaitan Widia Mulyati