Sample Running Data

The dataset presents a panel of financial and market performance data from 17 Indonesian energy and mining companies across the 2019–2023 period. The variables consist of: PBV (Price to Book Value, Y) – used as the dependent variable, reflecting firm valuation. GI (Green Investment Index, X1) – proxy for environmental-related investment intensity. CR (Current Ratio, X2) – indicator of liquidity. ROA (Return on Assets, X3) – measure of profitability. FD (Financial Debt Ratio, X4) – proxy for leverage. The dataset includes 85 balanced panel observations (17 firms × 5 years). Summary statistics show that PBV has a mean of 1.23 with values ranging from 0.13 to 5.36, indicating substantial variation in firm valuation. Independent variables also vary widely: liquidity ratios (CR) range from 0.13 to 5.36, profitability (ROA) spans from –3.40 to 0.92, and financial debt (FD) ranges from –5.10 to 16.63. The file also contains econometric model outputs: Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM) regressions, showing the relationship between PBV and the explanatory variables. Tests including the Chow Test and Hausman Test, used to determine the most appropriate panel data model. This dataset is suitable for empirical studies on corporate valuation, green investment, and financial performance in the Indonesian extractive industries, and it provides a foundation for regression-based analysis using panel data methods.