Pengaruh Implementasi Green Finance terhadap Nilai Perusahaan pada Industri Perbankan di Indonesia

Abstract

Sustainability is a concept that is growing rapidly at this time. In the beginning, this concept was caused by the high need for limited natural resources and the many community activities carried out that turned out to have a bad effect on nature. The purpose of this study is to determine the effect of implementing green finance on firm value in the banking sector in Indonesia. The research object used in this study is a banking company listed on the Indonesia Stock Exchange for the 2019-2021 period. In this study, it was found that there were 46 banking companies listed on the Indonesia Stock Exchange, but not all of these companies were sampled. Multiple linear regression analysis is an analysis used to see the effect of the independent variables on the dependent variable. This analysis also provides an overview of the direction of the relationship between the dependent variable and the independent variable. This study shows the results that the majority have no significant effect and also based on the discussion of this study it can be concluded that the implementation of green finance does not have a significant effect on firm value so that the results of this test are not in accordance with the first hypothesis which assumes that the implementation of green finance has a positive effect to company value.