CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE

ABSTRACT This research purpose is to analyze the effect of Corporate Social Responsibility Disclosure on the value of environmentally risky companies, as those in agricultural, primary industry and chemicals, mining, property, real estate, and building construction sectors, listed on the IDX from 2...

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Autores principales:	Dien Ajeng Fauziah, Eko Ganis Sukoharsono, Erwin Saraswati
Formato:	article
Lenguaje:	EN ID
Publicado:	Universitas PGRI Madiun 2021
Materias:	csrd investment efficiency innovation firm value efisiensi investasi inovasi nilai perusahaan Education L Education (General) L7-991 Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/829574063d4b4664912423e4a5f383e2
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spelling	oai:doaj.org-article:829574063d4b4664912423e4a5f383e22021-12-02T14:36:09ZCORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE2302-62512477-499510.25273/jap.v10i1.6259https://doaj.org/article/829574063d4b4664912423e4a5f383e22021-04-01T00:00:00Zhttp://e-journal.unipma.ac.id/index.php/assets/article/view/6259https://doaj.org/toc/2302-6251https://doaj.org/toc/2477-4995ABSTRACT This research purpose is to analyze the effect of Corporate Social Responsibility Disclosure on the value of environmentally risky companies, as those in agricultural, primary industry and chemicals, mining, property, real estate, and building construction sectors, listed on the IDX from 2015 to 2018 through investment efficiency and innovation. The results of the PLS analysis indicate that such disclosure positively and insignificantly affects firm value through investment efficiency. Better exposure and efficiency tend to increase substantial value, although the improvement is insignificant in the underinvestment scenario. Furthermore, the disclosure positively and significantly enhances firm value through innovations with research and development activities. ABSTRAK Penelitian bertujuan untuk menguji dan menganalisis pengaruh CSRD terhadap nilai perusahaan melalui efisiensi investasi dan inovasi pada perusahaan berisiko dalam hal dampak lingkungan seperti sektor Agriculture, Basic Industry dan Chemicals, Mining, Property, Real Estate dan Building Construction terdaftar di BEI tahun 2015-2018. Penelitian ini menggunakan metode PLS sebagai analisis data. Hasil penelitian menunjukkan bahwa CSRD berpengaruh positif dan tidak signifikan terhadap nilai perusahaan melalui efisiensi investasi, artinya semakin baik CSRD dan efisiensi investasi maka cenderung dapat meningkatkan nilai perusahaan, meskipun peningkatannya tidak signifikan pada skenario underinvestment dan CSRD berpengaruh positif dan signifikan terhadap nilai perusahaan melalui inovasi dengan aktivitas RnD.Dien Ajeng FauziahEko Ganis SukoharsonoErwin SaraswatiUniversitas PGRI Madiunarticlecsrdinvestment efficiencyinnovationfirm valuecsrdefisiensi investasiinovasinilai perusahaanEducationLEducation (General)L7-991Accounting. BookkeepingHF5601-5689ENIDAssets: Jurnal Akuntansi dan Pendidikan, Vol 10, Iss 1, Pp 11-22 (2021)
institution	DOAJ
collection	DOAJ
language	EN ID
topic	csrd investment efficiency innovation firm value csrd efisiensi investasi inovasi nilai perusahaan Education L Education (General) L7-991 Accounting. Bookkeeping HF5601-5689
spellingShingle	csrd investment efficiency innovation firm value csrd efisiensi investasi inovasi nilai perusahaan Education L Education (General) L7-991 Accounting. Bookkeeping HF5601-5689 Dien Ajeng Fauziah Eko Ganis Sukoharsono Erwin Saraswati CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE
description	ABSTRACT This research purpose is to analyze the effect of Corporate Social Responsibility Disclosure on the value of environmentally risky companies, as those in agricultural, primary industry and chemicals, mining, property, real estate, and building construction sectors, listed on the IDX from 2015 to 2018 through investment efficiency and innovation. The results of the PLS analysis indicate that such disclosure positively and insignificantly affects firm value through investment efficiency. Better exposure and efficiency tend to increase substantial value, although the improvement is insignificant in the underinvestment scenario. Furthermore, the disclosure positively and significantly enhances firm value through innovations with research and development activities. ABSTRAK Penelitian bertujuan untuk menguji dan menganalisis pengaruh CSRD terhadap nilai perusahaan melalui efisiensi investasi dan inovasi pada perusahaan berisiko dalam hal dampak lingkungan seperti sektor Agriculture, Basic Industry dan Chemicals, Mining, Property, Real Estate dan Building Construction terdaftar di BEI tahun 2015-2018. Penelitian ini menggunakan metode PLS sebagai analisis data. Hasil penelitian menunjukkan bahwa CSRD berpengaruh positif dan tidak signifikan terhadap nilai perusahaan melalui efisiensi investasi, artinya semakin baik CSRD dan efisiensi investasi maka cenderung dapat meningkatkan nilai perusahaan, meskipun peningkatannya tidak signifikan pada skenario underinvestment dan CSRD berpengaruh positif dan signifikan terhadap nilai perusahaan melalui inovasi dengan aktivitas RnD.
format	article
author	Dien Ajeng Fauziah Eko Ganis Sukoharsono Erwin Saraswati
author_facet	Dien Ajeng Fauziah Eko Ganis Sukoharsono Erwin Saraswati
author_sort	Dien Ajeng Fauziah
title	CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE
title_short	CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE
title_full	CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE
title_fullStr	CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE
title_full_unstemmed	CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE
title_sort	corporate social responsibility disclosure, investment efficiency, innovation, and firm value
publisher	Universitas PGRI Madiun
publishDate	2021
url	https://doaj.org/article/829574063d4b4664912423e4a5f383e2
work_keys_str_mv	AT dienajengfauziah corporatesocialresponsibilitydisclosureinvestmentefficiencyinnovationandfirmvalue AT ekoganissukoharsono corporatesocialresponsibilitydisclosureinvestmentefficiencyinnovationandfirmvalue AT erwinsaraswati corporatesocialresponsibilitydisclosureinvestmentefficiencyinnovationandfirmvalue
_version_	1718391016435744768

CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE, INVESTMENT EFFICIENCY, INNOVATION, AND FIRM VALUE

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