Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)

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Does Green Accounting, Intellectual Capital, and Dividend Policy Affect Corporate Value?

Authors
Tri Utami Lestari1, *, Muhammad Zahran Ramadhan1
1Faculty of Economics and Business, Telkom University, Bandung, Indonesia
*Corresponding author. Email: triutamilestari@telkomuniversity.ac.id
Corresponding Author
Tri Utami Lestari
Available Online 19 November 2024.
DOI
10.2991/978-94-6463-558-4_23How to use a DOI?
Keywords
Corporate value; Dividend policy; Intellectual capital; green accounting; Signaling theory
Abstract

Corporate value is a valuation conveyed by investors based on the performance of the company. In other words, corporate value reflects the overall market condition of the company. This assessment is important to understand the prospects and determine its reputation. Previous research has mainly focused on how profitability affects corporate value and is often used by the PROPER rating from the Ministry of Environment and Forestry (KLH) to measure environmental performance. Tobin’s Q is used in this research to quantify the value of a company, as it has the advantage of taking market conditions into account. The objective of this study is to ascertain how corporate value is affected by dividend policy, intellectual capital, and green accounting. The sample is 18 companies of energy sector listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022 and utilized panel data analysis. The results indicated that dividend policy, intellectual capital, and green accounting impact corporate value. More specifically, dividend policy has a negative impact while green accounting has a significant beneficial effect. However, there is no distinct connection between intellectual capital and company value.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
19 November 2024
ISBN
978-94-6463-558-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-558-4_23How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Tri Utami Lestari
AU  - Muhammad Zahran Ramadhan
PY  - 2024
DA  - 2024/11/19
TI  - Does Green Accounting, Intellectual Capital, and Dividend Policy Affect Corporate Value?
BT  - Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)
PB  - Atlantis Press
SP  - 387
EP  - 407
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-558-4_23
DO  - 10.2991/978-94-6463-558-4_23
ID  - Lestari2024
ER  -