Authors : Netty Joanna Vedora; Andam Dewi Syarif

Volume/Issue : Volume 10 - 2025, Issue 2 - February

Google Scholar : https://tinyurl.com/mwhvny7d

Scribd : https://tinyurl.com/38c3muk3

DOI : https://doi.org/10.5281/zenodo.14937063

Abstract : This study aims to analyze the effect of Green Banking and Good Corporate Governance on Firm Value with Profitability as an intervening variable. The population of this study is banking companies listed on the Indonesia Stock Exchange during the period 2019 - 2023, with a total sample of 14 companies. Green Banking is peroxided by the Green Banking Disclosure Index (GBDI), Good Corporate Governance with Composite Value, Profitability with ROE, and Company Value with Tobin's Q. The data were analyzed using the panel data regression analysis method. The data were analyzed using the panel data regression analysis method processed using Eviews13 software. The results found that Green Banking has a significant negative effect on Firm Value, while GCG has a significant positive effect on Firm Value. Furthermore, the Profitability variable has a significant positive effect on Firm Value. In addition, Green banking and GCG have no effect on Profitability. Regarding the mediation variable, the results of this study indicate that Profitability has not been able to mediate the effect of Green Banking and GCG on Firm Value.

Keywords : Green Banking; Good Corporate Governance; Profitability; Firm Value.

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