June 21, 2025

The Impact of Environmental Accounting and Investment Decisions on Enhancing Firm Value in Pharmaceutical Sector Companies

Key Points

Environmental accounting positively affects firm value in pharmaceutical companies during the pandemic, indicating its importance.
The analysis revealed that investment decisions also contribute positively to increasing firm value, while capital structure shows no significant impact.
Utilizing multiple linear regression, the research employed SPSS 25 to analyze data over the 2017-2021 period.
These findings underscore the relevance of environmental accounting and investment decisions in enhancing firm value, warranting further exploration.

Abstract

Research Objective: This study aims to obtain empirical evidence of the determinant factors of firm value of healthy entities, especially in the pharmaceutical subsector during the -19 pandemic in the period 2017-2021. Method: Multiple linear regression was used for data analysis with SPSS 25 as the testing tool Findings: The result of hypothesis testing indicates that probability, environmental accounting and investment decisions have positive effect on firm value, while capital structure has no effect on firm value Theoretical and Policy Implications: depth explanation of of Signalling Theory as the part of Agency theory(especially in explanation of three independent variables: probability, environmental accounting and investment decisions) Research Novelty: This study choses environmental accounting as independent variable that rarely imposed in previous similar studies

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Cite This Study

Joicenda Nahumury (Sat,) studied this question.

synapsesocial.com/papers/68af4953ad7bf08b1ead520a https://doi.org/https://doi.org/10.64417/rabo.v1i1.289qp725

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