Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Jurnal Doktor Manajemen (JDM)
Rama, Pandri Hanandya
Unknown Affiliation
Economics, Econometrics & Finance Social Sciences

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

Found 1 Documents
Search

 1 
Determinan Nilai Perusahaan Sektor Energi Dengan Board Gender Diversity dan Leverage Sebagai Variabel Moderasi Rama, Pandri Hanandya; Siswanti, Indra
Jurnal Doktor Manajemen (JDM) Vol 8, No 2 (2025): SEPTEMBER 2025
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/jdm.v8i2.34805

Abstract

The study aims to determine how Environmental, Social and Governance (ESG), Intellectual Capital, and Financial Performance variables can affect Firm Value, by adding Board Gender Diversity and Leverage variables as moderating variables that are estimated to strengthen or weaken the impact of these factors. This study uses Agency Theory, Signaling Theory, and Legitimacy Theory to explain the mechanisms behind the influence of these variables. The study uses a panel data model with a sample of 10 companies in the energy sector that meet the criteria for obtaining an ESG score from Bloomberg for the period 2016-2023. The results of the study indicate that ESG have a significant negative effect on Company Value, Intellectual Capital has a significant positive effect on Company Value, and Financial Performance has no effect on Company Value. ESG  have a significant positive effect when moderated by Leverage, but conversely, Intellectual Capital becomes a significant negative effect when moderated by Leverage. Financial Performance has a positive effect on Company Value, and this effect is significantly strengthened by Leverage, indicating that high profitability under high Leverage conditions is a strong signal for investors. Board Gender Diversity does not provide a significant moderating role in the relationship between Environmental, Social and Governance, Intellectual Capital, and Financial Performance on Company Value
Co-Authors