Jurnal Akuntansi
Vol. 12 No. 1 (2024): JURNAL AKUNTANSI VOL. 12 NO. 1 JUNI 2024

Bahasa Inggris

Sailendra, Sailendra - (Unknown)



Article Info

Publish Date
30 Jun 2024

Abstract

This study investigates the moderating role of intellectual capital in the relationship between green performance and corporate value, drawing on resource-based views and stakeholder theory. Using 264 panel data from Indonesian public companies (2017-2022), we measure green performance with the PROPER index, intellectual capital using the Value-Added Intellectual Coefficient (VAIC), and corporate value using Tobin's Q. Our findings support the positive effects of both green performance and intellectual capital on corporate value. However, the moderating effect of intellectual capital, while positive, was not statistically significant. These findings emphasize the importance of environmental initiatives and intellectual capital management in creating corporate value, suggesting potential synergies between environmental performance and intellectual resources. Our study contributes to the literature on strategic management and environmental sustainability by elucidating the complex interplay between these factors in an emerging market context. The findings have important implications for managers in optimizing investments to enhance corporate value.

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Accounting Faculty of Economics focuses on research articles on the topics of financial accounting, management accounting, public sector accounting, auditing, Islamic financial accounting, banking, taxation, capital markets, information system, and other relevant research ...