Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Journal of Accounting and Finance Management (JAFM)
Fellisha Rulytha Br Butar Butar
Universitas Tanjungpura, Pontianak, Indonesia
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Green Accounting, Corporate Social Responsibility and ESG Performance as Determinants of Firm Value: Empirical Evidence from Indonesia Energy Sector Firms Fellisha Rulytha Br Butar Butar; Umiaty Hamzani; Sari Rusmita
Journal of Accounting and Finance Management Vol. 7 No. 3 (2026): Journal of Accounting and Finance Management (July - August 2026)
Publisher : DINASTI RESEARCH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/jafm.v7i3.3762

Abstract

This study examines the relationships between green accounting, corporate social responsibility, environmental, social, and governance performance, and firm value among energy-sector companies listed on the Indonesia Stock Exchange from 2022 to 2024. Using purposive sampling, the study analyses 120 firm-year observations from 40 companies. Green accounting is measured using the Environmental Disclosure Index, corporate social responsibility using the Corporate Social Responsibility Disclosure Index, and environmental, social, and governance performance using Refinitiv ESG scores. Firm value is measured using Tobin’s Q. Panel data regression with a fixed effects model is employed to examine the proposed relationships. The results indicate that green accounting, corporate social responsibility disclosure, and environmental, social, and governance performance each have a positive and significant association with firm value. By simultaneously examining these three sustainability-related constructs within Indonesia’s energy sector, this study provides integrated empirical evidence that sustainability practices and performance are relevant to market valuation.
Co-Authors Sari Rusmita Umiaty Hamzani