Article Per Year (5 Year)
p-Index From 2020 - 2025
0.562
P-Index
This Author published in this journals
All Journal El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Journal of Ekonomics, Finance, and Management Studies
Hermi Karom
Unknown Affiliation
Religion Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Pengaruh Penerapan Green Accounting, Green Competitive Advantage, Capital Structure, dan Environmental Performance Terhadap Nilai Perusahaan Pada Perusahaan Sektor Energi yang Terdaftar di Bursa Efek Indonesia Tahun 2021-2023 Wahyu Ramadhan; Hermi Karom
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 10 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i10.9234

Abstract

This study aims to examine the influence of Green Accounting, Green Competitive Advantage, Capital Structure, and Environmental Performance on Firm Value. The research was conducted on energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period, with a total of 111 observations. The analytical method employed was multiple linear regression. The results show that Green Competitive Advantage and Environmental Performance have a significant positive effect on Firm Value, while Green Accounting and Capital Structure have no significant effect. These findings reinforce the relevance of the Resource-Based View and Legitimacy Theory in explaining how firm value is created through sustainability strategies. On the other hand, the insignificant effect of Green Accounting is likely due to the limitations of using a dummy-based measurement, which does not fully capture the quality of implementation. The implications of this study highlight the strategic importance of environmental competitiveness and environmental performance as key determinants of firm value in the energy sector.
Pengaruh Penerapan Green Accounting, Green Competitive Advantage, Capital Structure, dan Environmental Performance Terhadap Nilai Perusahaan Pada Perusahaan Sektor Energi yang Terdaftar di Bursa Efek Indonesia Tahun 2021-2023 Wahyu Ramadhan; Hermi Karom
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 10 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i10.9234

Abstract

This study aims to examine the influence of Green Accounting, Green Competitive Advantage, Capital Structure, and Environmental Performance on Firm Value. The research was conducted on energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period, with a total of 111 observations. The analytical method employed was multiple linear regression. The results show that Green Competitive Advantage and Environmental Performance have a significant positive effect on Firm Value, while Green Accounting and Capital Structure have no significant effect. These findings reinforce the relevance of the Resource-Based View and Legitimacy Theory in explaining how firm value is created through sustainability strategies. On the other hand, the insignificant effect of Green Accounting is likely due to the limitations of using a dummy-based measurement, which does not fully capture the quality of implementation. The implications of this study highlight the strategic importance of environmental competitiveness and environmental performance as key determinants of firm value in the energy sector.
Co-Authors Wahyu Ramadhan