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Asad Arsya Brilliant Fani

Green Bond on Firm Value; Revisiting Stakeholder Value Maximization Theory = Obligasi Hijau terhadap Nilai Perusahaan; Mengkaji Kembali Teori Stakeholer Value Maximization

" The managerial motivations in decision-making are evaluated in this research, whether they aim to maximize value or meet environmental and social pressures at the expense of value. Revisiting this matter, the study employs green bonds as a treatment and measures the change in firm value data using Tobin’s Q, controlling for times, individual and other company characteristics. Using the difference-in-differences (DD) method, this research documents the positive impact of issuing green bonds on a firm ... "

Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2023

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