The Effect Of Corporate Social Responsibility (CSR) And Sustainability Reporting Assurance (SRA) On Investors' Valuation (Empirical Study on Public Go Companies Participating in the Asia Sustainability Reporting Rating (ASRRAT) Listed on the Indonesia Stock Exchange for the 2018-2020 Period)

Adriany, Ryke and Arum, Enggar Diah Puspa and Wiralestari, Wiralestari (2022) The Effect Of Corporate Social Responsibility (CSR) And Sustainability Reporting Assurance (SRA) On Investors' Valuation (Empirical Study on Public Go Companies Participating in the Asia Sustainability Reporting Rating (ASRRAT) Listed on the Indonesia Stock Exchange for the 2018-2020 Period). IOSR Journal of Economics and Finance (IOSR-JEF).

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Abstract

This study aims to analyze the effect of Corporate Social Responsibility and Sustainability Reporting Assurance on investors' valuation. The population of this study was publicly traded companies that were participants in the Asia Sustainability Reporting Rating (ASRRAT) listed on the Indonesia Stock Exchange for the period 2018 – 2020. The research sample was selected through a purposive sampling technique. The number of samples in this study were 22 companies. The Corporate Social Responsibility variable was measured using the GRI Standard. The variable of Sustainability Reporting Assurance was measured by dummy. The investors' valuation variable was measured using cumulative abnormal returns for the H-5 and H+5 periods since the publication date of the financial statements. This study also utilized control variables in the form of firm size, leverage, and profitability. The data were analysedby regression analysis with SPSS 25 software. The results show that Corporate Social Responsibility has an effect on investors' valuation, while Sustainability Reporting Assurance has no effect on investors' valuation. The results also found that the control variables of firm size, leverage, and profitability have no effect on investors' valuation

Type: Other
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Pascasarjana > Ilmu Akutansi
Depositing User: Wiralestari
Date Deposited: 13 Apr 2023 01:23
Last Modified: 13 Apr 2023 01:23
URI: https://repository.unja.ac.id/id/eprint/46741

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