The Effect of Green Innovation, Green Investment, Environmental Performance, Financial Performance, and Company Age on Company Value

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Analysis reveals financial performance significantly affects company value in the energy sector, suggesting key insights for investors.

Financial performance positively impacts company value for listed companies in the energy sector.
Green innovation, green investment, and environmental performance do not significantly influence company value.
Panel data regression used to analyze data from 29 Indonesian energy companies over two years.
Control variable of company size shows no effect on company value, indicating a need for deeper analysis.

Dewi et al. (2025) studied this question.

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