APAKAH PENGARUH KINERJA KEUANGAN DAN KINERJA LINGKUNGAN TERHADAP NILAI PERUSAHAAN? (Studi Empiris pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Tahun 2014-2017)

Abstract

Competition in companies that are so competitive, must be supported by the presentation of
good financial statements. Financial statements can show the condition and financial position
of the company. Besides that the company is able to carry out the Undang-Undang No. 40 of
2007. Good environmental performance will cause many companies to disclose social
activities carried out by the company. The regulation is related that carries out the regulation,
hopes to increase the value of the company. This study aims to prove the concept of signaling
theory by looking relationship between financial performance and environmental
performance on firm value. Based on purposive sampling with a 4-year study (2014-2017) a
sample of 15 companies or 60 samples was obtained. Hypothesis testing is done by using ttest statistics. The results showed that financial performance has a positive effect on firm
value. Environment performance has no effect on firm value.