International Journal of Environmental, Sustainability, and Social Science
Vol. 6 No. 4 (2025): International Journal of Environmental, Sustainability, and Social Science (Jul

The Effect of Green Innovation, Green Investment, Environmental Performance, Financial Performance, and Company Age on Company Value

DEWI, Fitriyati Arlyta (Unknown)
ARYATI, Titik (Unknown)



Article Info

Publish Date
31 Jul 2025

Abstract

This study aims to analyze the effect of green innovation, green investment, environmental performance, financial performance, and company age on the value of companies listed on the Indonesia Stock Exchange during the period 2021-2023. The research sample consists of energy sector companies listed on the Indonesia Stock Exchange during the period and have published audited annual reports. Using the purposive sampling method, 29 companies were selected as samples, resulting in a total of 87 observation data. The data analysis method used in this study is panel data regression with data obtained from annual reports, audited financial reports and sustainability reports. The results of the study show that only financial performance has a positive effect. Meanwhile, green innovation, green investment, environmental performance and company age do not have a significant effect on company value. In addition, company size as a control variable does not affect company value.

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Journal Info

Abbrev

ijesss

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Social Sciences

Description

International Journal of Environmental, Sustainability, and Social Science (abbreviated as IJESSS) p-ISSN 2720-9644 and e-ISSN 2721-0871 is a multidisciplinary journal covering all aspects of the environmental impacts of socio-economic development. The International Journal of Environmental, ...