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Christian Herdinata

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Open access Aug 2026

Beyond ESG and Innovation: Construct Development and Validation of Sustainability Innovative Value Maximization (SIVM)

Background: SIVM is conceptualized as a firm’s ability to transform sustainability pressures into value creation. Despite the exponential growth of ESG adoption globally, with over 90% of S&P 500 companies publishing sustainability reports, empirical evidence on the ESG–performance nexus remains inconclusive, signaling...

A. Junaedi, Christian Herdinata, Murpin Josua Sembiring Gurky · 0 citations

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