HIGHLIGHTS
- What: This study examines the variables affecting the (Tobin`s of the Indonesian Stock Exchange`s LQ45 Index between 2019 and 2023. The authors assess sustainability scores (ESG Score) and some financial performances ratios i.e. return on assets (ROA) return on equity (ROE) and debt to equity ratio whether each respective of these factors influence the (Tobin`s using quantitative analytical data obtained from the Indonesian Stock Exchange website. This study seeks to investigate the distinct impacts of ROA, ROE, and DER on the valuation of enterprises within the LQ45 framework. This study evaluated the factors . . .

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