Siber International Journal of Digital Business
Vol. 3 No. 2 (2025): (SIJDB) Siber International Journal of Digital Business (October - December 202

Determinants of Company Value in Mining State-Owned Enterprises Listed on the Indonesia Stock Exchange

Yoyok Priyo Hutomo (Universitas Pancasila, Jakarta, Indonesia)
Tri Widyastuti (Universitas Bhayangkara Jakarta Raya, Indonesia)
Darmansyah (Universitas Pancasila, Jakarta, Indonesia)



Article Info

Publish Date
15 Dec 2025

Abstract

Nowadays, sustainability has become one of the factors considered important in economic development. Both from the macro and microeconomic perspectives, sustainability has become one of the factors in formulating the direction of economic development. On a micro scale, companies are required to be able to ensure the sustainability of their businesses by minimizing adverse impacts on the environment, society, and organizations so that the success achieved does not leave a negative impact. This study aims to analyze the impact of sustainability performance as represented by several measurement dimensions. Using the Structural Equation Modeling (SEM)-PLS method, this study found that AVA, CSR, and GA have a positive and significant effect on company value. These findings confirm that sustainability performance is an important factor in strengthening company value. Therefore, companies need to pay attention to asset efficiency, social responsibility, and the implementation of green accounting principles in their operations.

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Journal Info

Abbrev

SIJDB

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

iber International Journal of Digital Business (SIJDB) is a scientific research journal on science and technology in digital business management, managed and published by Siber Nusantara Review & Yayasan Sinergi Inovasi Bersama (SIBER). SIJDB contains articles that contribute to the understanding, ...