Claim Missing Document
Check
Articles

Found 2 Documents
Search

PENGARUH EARNING PER SHARE (EPS), PRICE EARNING RATIO (PER) DAN PRICE BOOK VALUE (PBV) TERHADAP HARGA SAHAM EMITEN PERBANKAN INDEKS LQ45 DI BURSA EFEK INDONESIA TAHUN 2013- 2017 Elan Nurhadi Purwanto; Suhari Pranyoto
JURNAL TEKNOLOGIA Vol 2 No 1 (2019): Jurnal Teknologia
Publisher : Aliansi Perguruan Tinggi Badan Usaha Milik Negara (APERTI BUMN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (7445.317 KB)

Abstract

The purpose of this study examines the effect of Price Earning Ratio (PER), Price to Book Value Ratio (PBV) and Earning Per Share (EPS) on Stock Prices in banking companies listed on the Indonesia Stock Exchange, LQ45 index, in 2013-2017. This study is based on annual reports taken from the Indonesian Capital Market directory and other sources of support. The research sample was taken by purposive sampling technique with result in 5 banking issuers with 25 observation data and 5 cross section data. Data were analyzed by multiple regression techniques with the Ordinary Least Squared (OLS) approach. This study uses a panel data method with a fixed effect model by reviewing version 10. as a statistical tool. This study shows that PER, EPS and PBV have a positive and significant effect on stock prices simultaneously. Partially, PER has a positive and significant effect but PBV and EPS have a positive but not significant effect. The influence of PER significantly indicates that profitability is a priority consideration of investors rather than other factors.
Carbon Emission Disclosure, ESG Scores, and Firm Value: Evidence from LQ45 Energy and Mining Companies Dinda Putri Adelia; Elan Nurhadi Purwanto; Sunita Dasman
Margin: Jurnal Lentera Managemen Keuangan Vol. 4 No. 02 (2026): Artikel In Press: Edisi Agustus 2026
Publisher : Lentera Ilmu Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59422/margin.v4i02.1424

Abstract

This study examines the effect of carbon emission disclosure and Environmental, Social, and Governance (ESG) scores on firm value in energy and mining companies listed in the LQ45 Index on the Indonesia Stock Exchange during the 2020–2024 period. This study employs secondary data obtained from companies’ annual reports and sustainability ratings. The sample was selected using purposive sampling, resulting in nine companies with a total of 45 firm-year observations. The data were analyzed using panel data regression with fixed-effects and generalized least squares estimations. The results indicate that carbon emission disclosure has no significant effect on firm value, whereas Environmental, Social, and Governance (ESG) scores have a significant negative effect on firm value. Simultaneously, carbon emission disclosure and Environmental, Social, and Governance (ESG) scores have a significant effect on firm value. These findings indicate that sustainability-related practices have not yet been positively reflected in market valuation, suggesting that investors may still perceive sustainability initiatives as additional costs rather than as long-term value drivers. The study concludes that the implementation of sustainability practices alone is insufficient to enhance firm value without corresponding market recognition and investor confidence.