Authors :
Anisatun Humayrah Rais; Darwis Said; Asri Usman
Volume/Issue :
Volume 5 - 2020, Issue 12 - December
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/3aHknxZ
Abstract :
This study aims to examine the effect of ecoefficiency and corporate social performance on firm value
with financial performance as a mediating variable in
mining and manufacturing companies listed on the
Indonesia Stock Exchange for the period 2015-2019. This
study uses a quantitative approach. The objects studied
are companies that are included in the mining and
manufacturing sector on the Indonesia Stock Exchange
for the period 2015-2019. The sample in this study was 13
companies, obtained using the purposive sampling
technique. The data were obtained by means of nonparticipant observation and analyzed using the method of
path analysis and the Sobel test. The results showed that
eco-efficiency and the social performance had a positive
effect on financial performance. Furthermore, ecoefficiency, corporate social performance, and financial
performance have a positive effect on firm value, financial
performance is able to mediate the relationship between
eco-efficiency on firm value, and financial performance is
able to mediate the relationship between corporate social
performance and firm value.
Keywords :
Eco-efficiency, Corporate Social Performance, Firm Value, Financial Performance.
This study aims to examine the effect of ecoefficiency and corporate social performance on firm value
with financial performance as a mediating variable in
mining and manufacturing companies listed on the
Indonesia Stock Exchange for the period 2015-2019. This
study uses a quantitative approach. The objects studied
are companies that are included in the mining and
manufacturing sector on the Indonesia Stock Exchange
for the period 2015-2019. The sample in this study was 13
companies, obtained using the purposive sampling
technique. The data were obtained by means of nonparticipant observation and analyzed using the method of
path analysis and the Sobel test. The results showed that
eco-efficiency and the social performance had a positive
effect on financial performance. Furthermore, ecoefficiency, corporate social performance, and financial
performance have a positive effect on firm value, financial
performance is able to mediate the relationship between
eco-efficiency on firm value, and financial performance is
able to mediate the relationship between corporate social
performance and firm value.
Keywords :
Eco-efficiency, Corporate Social Performance, Firm Value, Financial Performance.
