INFLUENCE OF GREEN INVESTMENT AND FIRM SIZE ON FIRM VALUE OF SECTOR ENERGY FIRM LISTED ON IDX 2018-2022

Abstract

Firm value is a good perspective from investors to the company for its business activities and prospects in the future where they want to make investment decisions. This study uses the factors of Green Investment and Firm Size to identify their influence on Firm Value. Green Investment is proxied by the rating of the PROPER held by the Ministry of Environment and Forestry of Indonesia and Company Size is proxied by SizeLn. This study is used purposive sampling techniques with 5 companies as a sample. The data analysis methods are using multiple linear regression and hypotheses test (partial and simultaneous) The results of this study state that (1) Green Investment has no effect on Firm Value, (2) Firm Size is stated to have an effect on Firm Value, (3) Green Investment and Firm Size simultaneously together have an effect on Firm Value.