Anna Kania Widiatami, Rediana Setiyani, Nasriatun Khasanah, Dwi Puji Astuti
This study investigates the factors that influence shareholder wealth. These factors include green innovation, sales growth, and firm size. This study uses market value added (MVA) calculations to see shareholder wealth. Based on the purposive sampling technique, we obtained a sample of 18 food and beverage industry companies listed on the Indonesia Stock Exchange (IDX) with observations for three years, namely 2017-2019. The type of data in this study is panel data, so that hypothesis testing uses panel data regression. The test results show that green innovation, sales growth, and company size positively affect market value added (MVA). © 2023 Author(s).
Departement of Economic Education, Faculty of Economics, Universitas Negeri Semarang, Semarang City, 50229, Indonesia
