Increasing the Value of Banking Companies Through Trainning Cost, Gender, Green Economy, and Social Cost
Main Article Content
Abstract
Introduction: The green economy is one of the business innovations developed by banks to give benefit to the community, because it is proven to improve the bank’s image. In the face of increasing global competition and stakeholder expectations, banking institutions are urged to enhance their value through sustainable and inclusive business practices.
Objectives: This study aims to provide actionable insights for businesses looking to increase their value
Methods: The research population is banking companies listed on the IDX, totaling 32 companies with an observation period of 2020-2024. Data was collected from the company's annual report to obtain data on company value, training cost, gender practices, green economy, and social costs.
Results: The results showed that the training cost consistently affects the value of the Company as proxied by PBV, ROA, and ROE. Gender Director has effect on ROE, but Gender Manager and Green Economy has effect on ROA and ROE. But Social Cost no effect on PBV, ROA and ROE. This shows that training cost have an impact on the company's internal performance and are also responded well by investors. Training may be effective and seems like a waste in the company so it has gotten a good response from investors. While women leader and green economy only affect internal performance and do not affect investor response. And the green economy carried out by banking companies increases customer confidence, but it does not seem to be a point that is responded to by investors. Social costs appear to be a cost component that affects internal performance and does not have an impact on investor assessments, although these social costs are actually more towards increasing stakeholder trust in the company.
Conclusions: The research results are expected to provide valuable guidance for banking companies in making better strategic decisions in an effort to achieve sustainable growth and performance. Employee training plays a very important role in improving skills for improving company performance. Incorporating a gender perspective into the green economy can provide significant benefits for economic efficiency, social equality, and environmental sustainability. Measuring the economic benefits of gender equality and evaluating the financial implications of green economy strategies, this research aims to provide actionable insights for businesses looking to increase their value. Overall, the results of this study support the current phenomenon. In almost all sectors, both government and public, there are female leaders with better performance and support from the community. The green economy program is one of the business innovations developed by banks to give benefit to the community because it is proven to improve the image of banks. The results of this study are expected to provide better insight into how training costs, gender, green economy, and social costs can contribute to increasing firm value. The implications of this study are expected to provide valuable guidance for banking companies in making better strategic decisions in an effort to achieve sustainable growth and performance.