GREEN BANKING, KEPEMILIKAN ASING, PROFITABILITAS, FIRM SIZE, PENGARUHNYA TERHADAP FIRM VALUE
DOI:
https://doi.org/10.25170/wpm.v15i2.5042Keywords:
Green banking, foreign ownership, profitability, firm size, firm valueAbstract
In general, practices that support the economic environment such as Green banking can escalate a company's performance from point of view the investors, consumers and the third party related communities, which in turn can contribute to increasing firm value. However, the effects may vary depending on industry sector, regulations and market response. Foreign ownership can affect company value depending on whether foreign investors provide more confidence or actually cause volatility due to potential policy changes. A high profitability is usually associated with good performance and can increase a firm value. Company size, in some cases, can be an indicator of a company's strength, and a larger size can provide an advantage or disadvantage in terms of bargaining power, sustainability, and access to resources. The sample of this research examines financial (banking) companies from 2019-2022 listed in Indonesia Stock Exchange, with a total sample of 166 firm years. This research concludes that profitability has a significant positive influence on firm value and firm size has a significant negative influence on firm value.
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