The Impact of Environmental Costs and Good Corporate Governance on Firm Value: A Systematic Review

DOI

10.2991/978-94-6463-758-8_130How to use a DOI?

Keywords

Environmental Cost; Good Corporate Governance; Firm Value

Abstract

As it reflects a company’s performance and future prospects, firm value is very important to investors and other stakeholders. A good firm value indicates that the company has the ability to manage its operations effectively and efficiently. Companies must not only generate financial returns, but they must also consider how their operations impact society and the environment. Environmental costs, also known as environmental costs, include all costs that businesses make to reduce negative impacts on the environment, such as waste management, efficient use of resources, and other efforts to preserve the environment. the purpose of this study is to determine how environmental costs and good corporate governance affect firm value. the method used in this study is a systematic literature review. The results of this study indicate that environmental costs and good corporate governance have an influence on firm value, although the mechanism and implications of their influence are different. Environmental cost expenditures, if managed properly, can increase firm value through increased reputation, operational efficiency, access to financing sources, and reduced risks related to environmental regulations.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Nurhalija Nurhalija
AU  - Mediaty Mediaty
AU  - Darwis Said
PY  - 2025
DA  - 2025/07/30
TI  - The Impact of Environmental Costs and Good Corporate Governance on Firm Value: A Systematic Review
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 1658
EP  - 1664
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_130
DO  - 10.2991/978-94-6463-758-8_130
ID  - Nurhalija2025
ER  -