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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

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Venny Ratnasari Narulita

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Open access Sep 2026

The Effect of Environmental, Social, and Governance (ESG) Performance on Firm Value: The Moderating Role of Institutional Ownership (An Empirical Study of Companies Listed on the SRI-KEHATI Index)

Background: The average market valuation of SRI-KEHATI firms declined during 2020–2024, raising questions about whether investors value environmental, social, and governance performance differently. Objective: This study examines the separate effects of environmental, social, and governance performance on firm value an...

Venny Ratnasari Narulita, E. Endri · 0 citations

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