ABSTRAK
Nilai perusahaan adalah nilai pasar atau surat berharga hutang dan ekuitas perusahaan. Nilai perusahaan menunjukkan keberhasilan perusahaan berdasarkan meningkatnya harga saham suatu perusahaan. Nilai perusahaan dapat diukur dengan menggunakan rasio harga saham yang disebut dengan rasio penilaian. salah satunya adalah rasio Price to Book Value. Penelitian ini dilakukan dengan tujuan untuk mengetahui pengaruh pengaruh tanggung corporate social responsibility (CSR), good corporate governance (GCG) dan environmental performance terhadap nilai perusahaan yang termasuk dalam sektor property dan real estate yang terdaftar di Bursa Efek Indonesia (BEI) periode 2017 hingga 2021. Populasi dalam penelitian terdiri dari 81 perusahaan sektor property dan real estate, dan metode purposive sampling digunakan untuk memilih sampel 44 perusahaan, sehingga menghasilkan total 220 data observasi. Penelitian ini menggunakan analisis regresi data panel yang diolah menggunakan Eviews versi 12. Hasil penlitian ini menunjukkan bahwa environmental performance memiliki pengaruh terhadap nilai perusahaan sektor property dan real estate Bursa Efek Indonesia (BEI) periode 2017 hingga 2021. Model regresi menunjukkan hubungan positif dan signifikan secara statistik antara environmental performance dan nilai perusahaan, sedangkan corporate social responsibility dan good corporate governance tidak memiliki pengaruh terhadap nilai perusahaan.
Kata Kunci: Nilai Perusahaan, corporate social responsibility, good corporate governance, environmental performance.
ABSTRACT
Firm value is the market value or the company's debt and equity securities. Firm value shows the success of a company based on the increase in a company's stock price. The value of the company can be measured by using the stock price ratio, which is called the valuation ratio. one of them is the Price to Book Value ratio. This study examines the influence of corporate social responsibility (CSR), good corporate governance (GCG), and environmental performance on the firm value of companies operating in the property and real estate sector listed on the Indonesia Stock Exchange (IDX) from 2017 to 2021. The study population comprises 81 property and real estate sector companies, and a purposive sampling method is employed to select a sample of 44 companies, resulting in a total of 220 observational data points. Panel regression analysis using Eviews version 12 software is employed to analyze the data. The regression analysis conducted in this study reveals a positive and significant impact of environmental performance on firm value within the property and real estate sector of the Indonesia Stock Exchange (IDX) while corporate social responsibility and good corporate governance does not have an influence on firm value. Keywords: Firm value, corporate social responsibility, good corporate governance, environmental performance