THE ROLE OF FINANCIAL PERFORMANCE IN MEDIATING THE EFFECT OF SUSTAINABILITY ON FIRM VALUE: A STUDY ON PROPERTY AND REAL ESTATE COMPANIES

Using financial performance as a link, this study looks at how sustainability reports affect the value of a company in the property and real estate sector. The population of this research consists of 92 companies listed on the Indonesia Stock Exchange (IDX) that operate in the property and real estate sector. The sample for this study includes 7 companies that meet the criteria. The data analysis method used in this research is quantitative with a causal design, processed using Eviews 12. The results of the study indicate that sustainability reports and financial performance positively affect firm value, and economic performance also positively affects financial performance. However, environmental and social performance does not significantly affect financial performance. Additionally, the study proves that financial performance acts as a mediating variable that connects the influence of economic performance on firm value.