Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index

The purpose of this study is to examine and analyze the intervening effect of Islamic Social Responsibility and capital structure on the relationship between profitability and firm value. This research is an explanatory research with a quantitative descriptive approach. The data used were obtained f...

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Autores principales:	M. Jihadi, Elok Vilantika, Bambang Widagdo, Fatmawati Sholichah, Yanuar Bachtiar
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2021
Materias:	capital structure islamic social reporting profitability sharia stock value of the firm Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/a3397c32ac9446719cb3409cbd2747cd
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spelling	oai:doaj.org-article:a3397c32ac9446719cb3409cbd2747cd2021-12-02T15:33:16ZIslamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index2331-197510.1080/23311975.2021.1920116https://doaj.org/article/a3397c32ac9446719cb3409cbd2747cd2021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2021.1920116https://doaj.org/toc/2331-1975The purpose of this study is to examine and analyze the intervening effect of Islamic Social Responsibility and capital structure on the relationship between profitability and firm value. This research is an explanatory research with a quantitative descriptive approach. The data used were obtained from annual reports of sampled firm as published on the Indonesia Stock Exchange (IDX) for the 2013–2018 period. 39 companies classified as basic and chemical industries and listed in the Indonesia Sharia Stock Index (ISSI) were sampled using the purposive sampling technique. The data were analyzed using Structural Equation Model (SEM) and Sobel test to analyze the indirect effect. The results show that profitability, ISR and capital structure have a positive significant effect on firm value. Profitability was found to have positive affect on ISR and negative affected the capital structure. A mediation test showed that ISR and capital structure does not mediate the effect of profitability on firm value.M. JihadiElok VilantikaBambang WidagdoFatmawati SholichahYanuar BachtiarTaylor & Francis Grouparticlecapital structureislamic social reportingprofitabilitysharia stockvalue of the firmBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 8, Iss 1 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	capital structure islamic social reporting profitability sharia stock value of the firm Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	capital structure islamic social reporting profitability sharia stock value of the firm Business HF5001-6182 Management. Industrial management HD28-70 M. Jihadi Elok Vilantika Bambang Widagdo Fatmawati Sholichah Yanuar Bachtiar Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index
description	The purpose of this study is to examine and analyze the intervening effect of Islamic Social Responsibility and capital structure on the relationship between profitability and firm value. This research is an explanatory research with a quantitative descriptive approach. The data used were obtained from annual reports of sampled firm as published on the Indonesia Stock Exchange (IDX) for the 2013–2018 period. 39 companies classified as basic and chemical industries and listed in the Indonesia Sharia Stock Index (ISSI) were sampled using the purposive sampling technique. The data were analyzed using Structural Equation Model (SEM) and Sobel test to analyze the indirect effect. The results show that profitability, ISR and capital structure have a positive significant effect on firm value. Profitability was found to have positive affect on ISR and negative affected the capital structure. A mediation test showed that ISR and capital structure does not mediate the effect of profitability on firm value.
format	article
author	M. Jihadi Elok Vilantika Bambang Widagdo Fatmawati Sholichah Yanuar Bachtiar
author_facet	M. Jihadi Elok Vilantika Bambang Widagdo Fatmawati Sholichah Yanuar Bachtiar
author_sort	M. Jihadi
title	Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index
title_short	Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index
title_full	Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index
title_fullStr	Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index
title_full_unstemmed	Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index
title_sort	islamic social reporting on value of the firm: evidence from indonesia sharia stock index
publisher	Taylor & Francis Group
publishDate	2021
url	https://doaj.org/article/a3397c32ac9446719cb3409cbd2747cd
work_keys_str_mv	AT mjihadi islamicsocialreportingonvalueofthefirmevidencefromindonesiashariastockindex AT elokvilantika islamicsocialreportingonvalueofthefirmevidencefromindonesiashariastockindex AT bambangwidagdo islamicsocialreportingonvalueofthefirmevidencefromindonesiashariastockindex AT fatmawatisholichah islamicsocialreportingonvalueofthefirmevidencefromindonesiashariastockindex AT yanuarbachtiar islamicsocialreportingonvalueofthefirmevidencefromindonesiashariastockindex
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Islamic social reporting on value of the firm: Evidence from Indonesia Sharia Stock Index

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