The Impact of Sustainability Reports toward the Firm Value

Abstract

The main aim of this study is to identify the impact of sustainability report of the economy (EKO), labor (KET), and human rights (HAM), toward the firm value (NP). The first hypothesis proposed was that economic context had a positive effect to firm value; the second hypothesis is that labor had a positive effect to firm value, and the last hypothesis is that human rights have a positive effect to firm value. The target group of this study has included listed companies in the Indonesia Stock Exchange in the period 2014-2015 and data sources from the financial statements and annual reports in the same period. The sample method used is a purposive sampling method based on the data completeness provided while 74 independent samples are obtained. The hypotheses are tested using multiple regression methodology. The result shows that simultaneously, the economy, labor, and human rights give a significant impact toward the firm value, labor and human rights categories don't give a significant impact toward the firm value.

Assessing the Linkage Between Sustainability Reporting and Indonesia’s Firm Value: The Role of Firm Size and Leverage

“…For instance, research involving 74 publicly traded companies on the IDX between 2014 and 2015, determined that the economic aspect of sustainability reporting significantly influences a firm's value. However, this study had a relatively short timeframe [33]. Another study, spanning the years 2010 to 2016 and encompassing 84 Indonesian and Malaysian listed companies, discovered a significant positive relationship between external assurance of sustainability reports and a firm's value.…”

Pengaruh Sustainability Reporting Terhadap Nilai Perusahaan dengan Leverage sebagai Variabel Moderating

“…Apabila laba perusahaan meningkat maka akan semakin menarik minat calon investor untuk berinvestasi sehingga nilai perusahaan akan naik. Penelitian secara empiris membuktikan bahwa kinerja ekonomi berpengaruh terhadap nilai perusahaan yang diproksikan dengan Tobin's Q (Mulya & Prabowo, 2018). Penelitian yang meneliti 42 perusahaan pemenang kategori NCSR menyimpulkan bahwa kinerja ekonomi, memiliki pengaruh terhadap nilai perusahaan (Anna, 2019).…”

Problems Of Open Data Sources Analysis For Socio-Economic And Medical Research

“…An extremely important aspect is the possibility of access to an information resource that allows us to receive information about socio-economic activity. The directions of using social reporting are very diverse, social reporting is used for (Alekseeva et al, 2019): analysis of firm resilience (Koç & Durmaz, 2015), identifying and analyzing the most significant stakeholders (Şener et al, 2016), confirming the relationship between social reporting costs and improving financial performance of companies (Lys et al, 2015), confirming the impact of reporting corporate social responsibility on the financial performance of firms (Abukil, 2016), analysis of the impact of labor indicators and human rights on firm value (Mulya, 2018), and even the study of the relationship between the gender of the head of the organization and the level of disclosure (Mohd-Said, 2018).…”