Pengaruh Pengungkapan Islamic Social Reporting, Profitabilitas, Dan Likuiditas Terhadap Nilai Perusahaan

Abstract

Islamic social reporting is a social reporting that involves not only a holistic expectation of society regarding the role of the companies in the community but also a spiritual perspective. This study examines the influences of Islamic social reporting, profitability (which representated by return on assets), and liquidity (which representated by current ratio) to firm value. To measure the extent of Islamic social reporting, the researcher used a checklist that had been specified by AAOIFI (Accounting and Auditing Organization For Islamic Financial Institution) and developed by previous researchers. This study used purposive sampling method from companies listed in Jakarta Islamic Index (JII) during 2016-2019. There are 16 companies which fulfill the criteria as the research samples. The samples data in this study analyzed using multiple linear regression method. The result indicated that Islamic social reporting, profitability (which representated by return on assets), and liquidity (which representated by current ratio) have positif and siginificant effect simultaneously to firm value. While partially, Islamic social reporting has positive but not significant effect to firm value, profitability (which representated by return on assets) has positive and significant effect to firm value, and liquidity (which representated by current ratio) has positive and significant effect to firm value, these are because the good level of corporate profitability and liquidity reflect good financial performance, so that investor perceptions will increase and ultimately will also increase the firm value.

Determinants of Islamic social reporting disclosure and its effect on firm’s value

“…Moreover, the signaling theory explains that a company with high profitability is foreseen as one with a good future. This statement supports the previous findings by Agustina (2020) and Sutapa and Laksito (2018). Therefore, profitability is predicted to have a positive impact on firm's value by proposing H5 as follows:…”

Pengaruh Pengungkapan Islamic Social Reporting, Karakteristik dan Kebijakan Perusahaan terhadap Nilai Perusahaan yang Terdaftar di Jakarta Islamic Index 70

“…40 Tahun 2007 tentang perseroan terbatas yang mewajibkan perusahaan melakukan dan mengungkapkan tanggung jawab sosial perusahaan. Pengungkapan ISR pada sampel perusahaan yang terdaftar di BEI jika dilihat aspek-aspek syariahnya tergolong masih rendah, hal tersebut dikarenakan sebagian besar pengungkapan ISR masih pada tahap teoritis dan belum tersedianya kriteria yang bisa diangkat oleh perusahaan-perusahaan terkait penerapan tanggung jawab sosial berdasarkan ISR, bukan hanya itu kesadaran perusahaan sampel masih rendah jika mereka sudah masuk dalam DES (Daftar Efek Syariah) serta banyak pandangan dari para penanam modal muslim yang akan menjadi harapan sebagai penambah aspek-aspek syariah dalam laporan tahunannya (Agustina, 2020).…”

Pengaruh Pengungkapan Sukarela Berkaitan Dengan Corporate Social Responsibility Dan Corporate Governance Terhadap Nilai Perusahaan

“…Nilai perusahaan adalah persepsi investor terhadap tingkat keberhasilan perusahaan yang sering Jurnal Akuntansi, Bisnis dan Ekonomi Indonesia Jurnal website: https://akuntansi.pnp.ac.id/jabei dikaitkan dengan harga saham (Dewi & Nugrahanti, 2017). Harga saham yang tinggi bisa membuat nilai perusahaan juga tinggi sehingga meningkatkan kepercayaan pasar kinerja perusahaan dan juga prospek perusahaan dimasa mendatang (Agustina, 2013).…”