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The Effect of Green Finance and Leverage on Company Value with Profitability as a Mediating Variable Hidayat, Ilham; Bailusy, Muhsin N; Rusandry, Rusandry
International Journal of Business, Law, and Education Vol. 7 No. 1 (2026): International Journal of Business, Law, and Education
Publisher : IJBLE Scientific Publications Community Inc.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/ijble.v7i1.1364

Abstract

This study aims to determine and analyse the effect of green finance and leverage on company value with profitability as a mediating variable. The object of this study is mining companies listed on the Indonesia Stock Exchange (IDX) for the period 2021–2024. This study uses a purposive sample of 14 companies. The data used are secondary, obtained from annual reports, sustainability reports, and company financial reports for four consecutive years. The data analysis method used in this study is Structural Equation Modelling–Partial Least Squares (SEM-PLS), with data processing techniques using SmartPLS 4.0 software. The results of the survey indicate that green finance has a significant effect on company value; leverage has a significant effect on company value; green finance does not have a substantial effect on profitability; leverage has a significant effect on profitability; and profitability affects company value. In addition, profitability does not mediate the effect of green finance on company value, nor does it mediate the effect of leverage on company value.
Tackling Bribery in Indonesian Private Sector Rachman, Taufik; Hidayat, Ilham; Wibisono, Didan; Muhammad, Farhan
Business and Human Rights Law & Policy Vol. 2 No. 1 (2026): Business and Human Rights Law & Policy - February
Publisher : Center for Law and Responsible Business Studies

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66441/bhrlp.v2i1.37

Abstract

Corruption poses a formidable barrier to global socioeconomic progress and is a critical impediment to development which undermines the rule of law and hampers institutional frameworks crucial for economic growth. Its pervasive influence extends across various sectors, encompassing utilities, healthcare, education, and even national security domains. In Indonesia, corruption remains entrenched despite efforts such as the establishment of the Corruption Eradication Commission (KPK) in 2002. While primarily targeting public sector corruption, Indonesian law must also address instances in the private sector, which constitutes a significant portion of corrupt activities. This paper is motivated by not only Indonesia’s international commitment to the UNCAC, but also the evidently adverse impacts on private sector bribery to the Indonesian economy. Not to mention, the shortcomings of Indonesia’s current framework to address this type of bribery. In doing so, it is of the view that lessons can be learned from other jurisdictions, namely: Singapore, Hong Kong and the Netherlands. This paper suggests expanding legal provisions to encompass private sector bribery, solicitation, and indirect bribery, this is tailored to Indonesia’s socio-cultural context.