Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Golden Ratio of Data in Summary
Fransiskus Ruben Thiodorus
Universitas Pamulang
Economics, Econometrics & Finance Social Sciences

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

Found 1 Documents
Search

 1 
The Effect of Green Investment and Green Strategy on Firm Value: Empirical Evidence from LQ45 Companies Listed on the Indonesia Stock Exchange (2020–2024) Nahrul Ebim; Fransiskus Ruben Thiodorus; Jesicca Meylia Paskia; Bela Nurhayani; Dedra Septiaziza Muslim; Mahwiyah Mahwiyah
Golden Ratio of Data in Summary Vol. 6 No. 4 (2026): August - October
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grdis.v6i4.1862

Abstract

This study examines the effects of green investment and green strategy on firm value among companies included in the LQ45 index and listed on the Indonesia Stock Exchange. Using a quantitative approach and secondary data, this study analyzes the extent to which environmentally oriented corporate practices influence market valuation. The findings indicate that green strategy has a positive and statistically significant effect on firm value, suggesting that a clear and consistent environmental orientation can strengthen investor confidence and enhance corporate reputation. In contrast, green investment has a positive but statistically insignificant effect on firm value, suggesting that its benefits may take longer to materialize or may depend on more transparent disclosure practices to be recognized by the market. Overall, these findings highlight the importance of integrating strategic sustainability initiatives into corporate decision-making to support long-term value creation and improve market perceptions in the context of sustainable finance.
Co-Authors Bela Nurhayani Dedra Septiaziza Muslim Jesicca Meylia Paskia Mahwiyah Mahwiyah Nahrul Ebim