HIGHLIGHTS
- What: This model is designed to assess the impact of ESG Rating on firm value, both directly and through the mediating role of financial performance. By focusing on these specific characteristics, the study aimed to gather a sample that could provide a comprehensive understanding of the ESG practices within firms demonstrating a strong commitment to sustainability. The primary focus was on gathering comprehensive information to evaluate the ESG Rating, Financial Performance, and Firm Value of each company. The analysis shows a direct effect coefficient of ESG Rating on Firm Value of -0.7016, with a standard error . . .

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