SUSTAINABILITY REPORTING AND GREEN BANKING EFFECT ON COMPANY VALUE: THE MODERATING ROLE OF COMPANY SIZE IN INDONESIAN BANKING

Aurrellia Ivanka Arthamevia Ardameka; Hersugondo Hersugondo; Mumin Ahmedi

doi:10.14710/jsmo.v23i1.81254

DOI: https://doi.org/10.14710/jsmo.v23i1.81254

SUSTAINABILITY REPORTING AND GREEN BANKING EFFECT ON COMPANY VALUE: THE MODERATING ROLE OF COMPANY SIZE IN INDONESIAN BANKING

Aurrellia Ivanka Arthamevia Ardameka¹ , Hersugondo Hersugondo¹

, Mumin Ahmedi²

¹Faculty of Economics and Business, Diponegoro University, Semarang, Indonesia, Indonesia

²College of Economics and Management, Al Qasimia University, UAE, United Arab Emirates

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Abstract

The Indonesian banking sector is undergoing significant digital transformation and adopting green banking practices to promote both economic growth and environmental sustainability, aligning with the Sustainable Development Goals (SDGs). This study examines the impact of Sustainability Reporting, Green Banking, and Company Performance—proxied by profitability (ROA), capital structure (DER), and liquidity (CR)—on Company Value in Indonesian conventional banks, while also investigating the moderating role of Company Size. This study provides one of the first comprehensive panel data analyses that simultaneously examines these variables, offering a more integrated analytical framework within the context of an emerging market banking sector. Using purposive sampling, 41 conventional banks were selected for the 2020-2023 period. Data were analyzed using panel data regression with EViews 13. The findings reveal that all independent variables positively and significantly influence Company Value, with Company Size strengthening these relationships. These results offer valuable insights for policymakers and banking institutions to advance sustainability initiatives through targeted policies and collaborative strategies practices

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Keywords: Sustainability Report, Green Banking, Company Performance, Company Value, Company Size

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Section: Research Article

Language : EN

In Vol 23, No 1 (2026): 2026

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