The effect of environmental performance, managerial ownership and profit policy on the relative value of the company
Abstract
This research paper examines how environmental performance, managerial ownership and profit policy affect the relative value of a company. The study uses panel data to analyze the correlations between these three variables and the relative value of the company. The results indicate that environmental performance, managerial ownership and profit policy have a significant positive effect on the relative value of a company. The findings suggest that companies should strive to improve their environmental performance and strengthen their managerial ownership and profit policy in order to increase their relative value. Additionally, the results of this research paper can be used by investors to assess companies’ relative values when making investment decisions.