DETERMINATION OF COMPANY VALUE IN THE ENERGY AND BASIC MATERIAL SECTOR

Frengki Putra Ramansyah
Rico Nur Ilham

International Conference on Health Science, Green Economics, Educational Review and Technology (IHERT)
Vol. 7 No. 2 (2025): 10th IHERT (2025): IHERT (2025) SECOND ISSUE: International Conference on Healt

This research investigates the determinants of company value within the Energy and Basic Materials sectors listed on the Indonesia Stock Exchange (IDX) from 2021-2023. It examines the impact of Carbon Emission Disclosure (CES), Green Innovation (IH), Environmental, Social, and Governance (ESG), Eco-efficiency (EFI), and Environmental Performance (KL) on Tobin's Q as a measure of company value. The analysis, employing panel data regression with a Fixed Effect Model (FEM), reveals that while ESG, EFI, and KL positively influence company value, CES has a negative impact, and IH shows an insignificant effect. These findings provide insights for companies aiming to enhance their market value by prioritizing environmental and social responsibility.