Improving Firm Value Through Environmental Performance and Reporting: It’s Effective?

Abstract

This study aims to determine the effect of corporate environmental responsibility on firm value with ICSR as a moderating variable. This type of research is quantitative research using Moderate Regression Analysis (MRA) as data analysis and using secondary data in the form of panel data. The samples used were 19 companies using the purposive sampling method and processed using the Eviews10 application tool. The results showed that partially the environmental accounting reporting and environmental cost variables had no effect on firm value, while environmental performance had a positive and significant effect on firm value. Then ICSR is able to moderate the effect of environmental costs on firm value, but is unable to moderate environmental accounting reporting and environmental costs on firm value.