Pengaruh Green Banking Disclosure Terhadap Nilai Perusahaan Pada Bank Umum Syariah Di Indonesia

Abstract

This study aims to analyze the effect of Green Banking Disclosure on firm value. The method used is quantitative by conducting content analysis on Green Banking Disclosure items based on the Green Banking Disclosure Index developed by Bose, Khan, Rashid, & Islam (2018). Firm value is measured using the Tobins'q ratio. Regression analysis technique is used in performing statistical tests. The population in this study are all Islamic commercial banks registered with the Financial Services Authority that have been listed on the Indonesia Stock Exchange during 2017 to 2020 by providing criteria for the samples taken. The results showed that there was a significant positive effect of Green Banking Disclosure on firm value in Islamic banking.

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“…Drawing empirical support from prior studies by Winarto et al (2021), Karyani (2020), and Khan (2021) further strengthens the research finding regarding the significant role of Corporate Governance in creating a competitive advantage. These studies provide insights into how effective governance structures can lead to improved operational efficiency, better risk management, and heightened investor confidence, ultimately contributing to enhanced competitiveness in the banking industry.…”

“…Financial institutions, particularly banks, are strategically positioned to create and sustain the highly sought-after green revolution for the planet. Green Banking in banking institutions is defined as activities aimed at environmental accountability through the development of inclusive strategies in banks geared towards sustainable economic growth (Winarto et al, 2021).…”

“…The extensive disclosure of Green Banking is one element in increasing company value, as seen from the public's trust in the company's environmental and societal concerns. Green Banking Disclosure instils confidence in the public to participate as potential customers in the company, thus enhancing the performance of banking companies and followed by an increase in company value (Karyani & Obrien, 2020;Winarto et al, 2021). Based on the existing issues and previous research, the second hypothesis for this study is: H2: Green Banking has a significant impact on Company Value According to Bruno & Claessens (2010), the focus of implementing corporate governance goes beyond mere legal obligations or compliance; it is a necessity driven not solely by legal compliance but also by the understanding that comprehensive corporate governance implementation significantly impacts company performance (Roos et al, 2021).…”