Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Journal Economic Excellence Ibnu Sina
Fatimah Rahman Borahima
Universitas Pancasila
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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

Found 1 Documents
Search

 1 
Analisis Determinan Nilai Perusahaan dengan Good Corporate Governance sebagai Variabel Moderasi pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2021–2024 Fatimah Rahman Borahima; Suratno Suratno; Mulyadi Mulyadi
Journal Economic Excellence Ibnu Sina Vol. 4 No. 1 (2026): Maret : Journal Economic Excellence Ibnu Sina
Publisher : STIKes Ibnu Sina Ajibarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59841/excellence.v4i1.3919

Abstract

This study analyses the influence of Environmental, Social, and Governance (ESG) factors, profitability, and sustainability reports on firm value, with Good Corporate Governance (GCG) acting as a moderating variable, amongst manufacturing companies listed on the Indonesia Stock Exchange for the period 2021–2024. The study employs a quantitative approach using Moderated Regression Analysis (MRA) on 136 observations selected via purposive sampling. Secondary data were obtained from annual reports and sustainability reports. The results indicate that ESG, profitability (proxied by Return on Assets (ROA)), and sustainability reports have a positive and significant effect on firm value. GCG was also found to strengthen the influence of these three variables on firm value. These findings suggest that the implementation of Good Corporate Governance enhances the effectiveness of both financial and non-financial factors in creating firm value. This study is expected to enrich the literature on the determinants of firm value and provide insights for companies seeking to strengthen their sustainability and governance strategies.
Co-Authors Mulyadi Mulyadi Suratno Suratno