The Environmental Aspect of Companies as a Determinant of Stock Prices

This study aims to determine the effect of disclosure of Corporate Social Responsibility which is composed of economic, environmental and social to the stock price on the companies listed on the Indonesia Stock Exchange. The analysis technique uses multiple regression. The results of this study indi...

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Autores principales: Ida Nurcahyanti, Purweni Widhianningrum
Formato: article
Lenguaje:EN
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Publicado: Universitas PGRI Madiun 2018
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Acceso en línea:https://doaj.org/article/09e0f1874a274e6ab986b6cf1e47c952
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spelling oai:doaj.org-article:09e0f1874a274e6ab986b6cf1e47c9522021-12-02T04:39:53ZThe Environmental Aspect of Companies as a Determinant of Stock Prices2302-62512477-499510.25273/jap.v7i2.2302https://doaj.org/article/09e0f1874a274e6ab986b6cf1e47c9522018-10-01T00:00:00Zhttp://e-journal.unipma.ac.id/index.php/assets/article/view/2302https://doaj.org/toc/2302-6251https://doaj.org/toc/2477-4995This study aims to determine the effect of disclosure of Corporate Social Responsibility which is composed of economic, environmental and social to the stock price on the companies listed on the Indonesia Stock Exchange. The analysis technique uses multiple regression. The results of this study indicate that the economic and social aspects of Corporate Social Responsibility disclosure does not affect the stock price, while the environmental aspects affect the stock price. These results prove that companies that have environmental concerns as an effort to reduce the effects of global warming, can also increase the positive response of stakeholders through an increase in stock prices.Ida NurcahyantiPurweni WidhianningrumUniversitas PGRI MadiunarticleCSREconomicEnviromentSocialCompany valueEducationLEducation (General)L7-991Accounting. BookkeepingHF5601-5689ENIDAssets: Jurnal Akuntansi dan Pendidikan, Vol 7, Iss 2, Pp 105-110 (2018)
institution DOAJ
collection DOAJ
language EN
ID
topic CSR
Economic
Enviroment
Social
Company value
Education
L
Education (General)
L7-991
Accounting. Bookkeeping
HF5601-5689
spellingShingle CSR
Economic
Enviroment
Social
Company value
Education
L
Education (General)
L7-991
Accounting. Bookkeeping
HF5601-5689
Ida Nurcahyanti
Purweni Widhianningrum
The Environmental Aspect of Companies as a Determinant of Stock Prices
description This study aims to determine the effect of disclosure of Corporate Social Responsibility which is composed of economic, environmental and social to the stock price on the companies listed on the Indonesia Stock Exchange. The analysis technique uses multiple regression. The results of this study indicate that the economic and social aspects of Corporate Social Responsibility disclosure does not affect the stock price, while the environmental aspects affect the stock price. These results prove that companies that have environmental concerns as an effort to reduce the effects of global warming, can also increase the positive response of stakeholders through an increase in stock prices.
format article
author Ida Nurcahyanti
Purweni Widhianningrum
author_facet Ida Nurcahyanti
Purweni Widhianningrum
author_sort Ida Nurcahyanti
title The Environmental Aspect of Companies as a Determinant of Stock Prices
title_short The Environmental Aspect of Companies as a Determinant of Stock Prices
title_full The Environmental Aspect of Companies as a Determinant of Stock Prices
title_fullStr The Environmental Aspect of Companies as a Determinant of Stock Prices
title_full_unstemmed The Environmental Aspect of Companies as a Determinant of Stock Prices
title_sort environmental aspect of companies as a determinant of stock prices
publisher Universitas PGRI Madiun
publishDate 2018
url https://doaj.org/article/09e0f1874a274e6ab986b6cf1e47c952
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