Cahyaningtyas, Susi Retna and Muhsyaf, Saipul Arni and Ramadhani, Rahmi Sri and Isnaini, Zuhrotul (2023) THE VALUE RELEVANCE OF THE SUSTAINABILITY REPORTING (SR): EMPIRICAL EVIDENCE ON INDONESIAN. Jurnal Ilmiah Tata Sejuta STIA Mataram, 9 (1). pp. 200-208. ISSN 2442-9023
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Abstract
This study empirically examines the value relevance of sustainability reporting (SR) in explaining the market value of the firm. The sample of this study is all non-bank companies and financial institutions that go public on the Indonesia Stock Exchange which disclose sustainability reporting for the period 2010 - 2020. Based on these conditions, 590 observations were obtained. Hypothesis testing using SPSS. If the SR*EPS (Earning Per Share) interaction and the SR*BVPS (Book Value Per Share) interaction are significantly positive on the market value, then SR has a value relevance in explaining the company's market value. The results show that SR reduces value relevance. This result indirectly proves that the company's financial information can still be used as a basis for decision-making by investors.
| Item Type: | Article |
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| Additional Information: | Number: 1 |
| Keywords (Kata Kunci): | Book Value, Earning, Market Value, Relevansi Nilai, Sustainability Reporting |
| Subjects: | H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Fakultas Ekonomi |
| Depositing User: | Saipul Arni Muhsyaf, SE., MM., Ph.D |
| Date Deposited: | 10 Jun 2023 03:37 |
| Last Modified: | 10 Jun 2023 03:37 |
| URI: | http://eprints.unram.ac.id/id/eprint/39351 |
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