THE EFFECT OF ENVIROMENTAL PERFORMANCE, FINANCIAL PERFOMANCE AND FIRM SIZE ON FIRM VALUE

Abstract

Firmvalue is a form of maximum corporate goals through increasing the prosperity of investors. The company value is seen from the price of the stock where the higher the value of the stock, the higher the value of the firm. The company value is also known as one of factor for investors in making investments. Therefore, company management  must  pay  attention  to  the  company's  value.This  research  aims  to  examine  the  influence  of environmental performance and financial performance on firm value. The population in this study is consumer non-cyclicals  companies  listed  on  the  Indonesia  Stock  Exchange  from  2018  to  2022.  Environmental performance is measured by the PROPER rating and financial performance is measured by ROA and DAR. Firm Size is measured by SIZE. The data obtained are secondary data using purposive sampling method, with a total of 110 observations. This research  uses  SPSS  25  program  with  multiple  regression  statistical  analysis  model. The  results  show  that environmental performance has no effect on firm value. ROA and DAR have a positive effect on firm value. Firm size has nno effect on firm value.