Pengungkapan Sustainability Report dan Nilai Perusahan: Studi Empiris di Indonesia dan Singapura
Abstract
The categories of sustainability report disclosure consist of economic, environment, and social. This research aims to examine the influence of each categories of sustainability report disclosure on firm value. This research use secondary data from all companies that listed on Indonesia Stock Exchange and Singapore Stock Exchange in 2014-2016. There are 116 samples that obtained from purposive sampling method. The results of this research show that only economic category of sustainability report has positive influence on firm value in Indonesia and Singapore. The environment category of sustainability report has negative influence on firm value, while the social category doesn’t have influence on firm value. The result of this research indicate that sustainability report disclosure which reported appropriately with choosen standard, especially in economic category will be useful to increase firm value in the point of view of investors.
Keywords: sustainability report, GRI-G4, firm value
References
Ali, M. R., Mahmud, M. S., dan Lima, R. P. (2016). Analyzing Tobin’s Q Ratio of Banking Industry of Bangladesh: A Comprehensive Guideline for Investors. Asian Business Review, 6(2), 85–90.
Astuti, A. D., dan Juwenah. (2017). Pengaruh Pengungkapan Sustainability Report terhadap Nilai Perusahaan yang Tergabung dalam LQ 45 tahun 2012-2013. Accounthink - Journal of Accounting and Finance, 2(1), 301–313.
Cahyandito, M. F. (2010). Pembangunan Berkelanjutan, Ekonomi dan Ekologi, Sustainability Communication dan Sustainability Reporting. Jurnal LMFE, (22), 1–12.
Chariri, A., dan Ghozali, I. (2007). Teori Akuntansi. Semarang: Badan Penerbit UNDIP.
Chariri, A., dan Nugroho, F. A. (2009). Retorika dalam Pelaporan Corporate Social Responsibility: Analisis Semiotik Atas Sustainability Reporting PT Aneka Tambang Tbk. Simposiun Nasional Akuntansi, XII(5), 0–23.
CSR Asia, dan GRI. (2016). Sustainability Disclosure in ASEAN: The ASEAN Extractive Sector.
Database GRI. http://database.globalreporting.org/. Diakses pada Juli dan November 2017.
Dess, G. G., dan Picken, J. C. (2000). Changing Roles: Leadership in the 21st Century. Organizational Dynamics, 28(3), 18–34. https://doi.org/10.1016/S0090-2616(00)88447-8
Donaldson, T., dan Preston, L. E. (1995). The Stakeholder Theory of The Corporation: Concepts, Evidence, Corporations and its Implications. Management, 20(1), 65–91. https://doi.org/10.2307/258887
Fatchan, I. N., dan Trisnawati, R. (2016). Pengaruh Good Governance Pada Hubungan Antara Sustainability Report dan Nilai Perusahaan (Studi Empiris Perusahaan Go Public Di Indonesia Periode 2014-2015). Riset Akuntansi Dan Keuangan Indonesia, 1(1), 25–34.
Global Reporting Initiative (GRI). https://www.globalreporting.org/. Diakses pada Juli dan November 2017.
Gunawan, Y., dan Mayangsari, S. (2015). Pengaruh Sustainability Reporting terhadap Nilai Perusahaan dengan Investment Opportunity Set sebagai Variabel Moderating. e-Journal Akuntansi Trisakti, (February), 1–12.
Indonesia. Undang-Undang tentang Perseroan Terbatas, UU No. 40 Tahun 2007.
Natalia, R., dan Tarigan, J. (2014). Pengaruh Sustainability Reporting Terhadap Kinerja Keuangan Perusahaan Publik Dari Sisi Profitability Ratio. Jurnal ekonomi, volume 22, 111–120. https://doi.org/10.1017/CBO9781107415324.004
Nurdin, E., dan Cahyandito, M. F. (2006). Pengungkapan Tema-Tema Sosial dan Lingkungan dalam Laporan Tahunan Perusahaan terhadap Reaksi Investor. Jurnal KLH, (401), 1–17.
Ramadhani, I. A. (2016). Pengaruh Pengungkapan Sustainability Report terhadap Nilai Perusahaan dengan Profitabilitas sebagai Moderasi. Jurnal Ilmiah Mahasiswa FEB, 4(2).
Simbolon, J., dan Sueb, M. (2016). Pengaruh Pengungkapan Sustainability Report terhadap Kinerja Keuangan Perusahaan (Studi Empiris pada Perusahaan yang Terdaftar dalam Bursa Efek Indonesia). Simposium Nasional Akuntansi XIX, Lampung, 1–30.
Suchman, M. C. (1995). Managing Legitimacy: Strategic and Institutional Approaches. Academy of Management Review, 20(3), 571–610. https://doi.org/10.5465/AMR.1995.9508080331
Sudiyatno, B., dan Puspitasari, E. (2010). Tobin’s Q dan Altman Z-Score sebagai Indikator Pengukuran Kinerja Perusahaan. Kajian Akuntansi, ISSN: 1979-4886, 2(1), 9–21.
Sustainability Reporting Award (SRA). http://sra.ncsr-id.org/. Diakses pada Juli dan November 2017.
Tarigan, J., dan Semuel, H. (2015). Pengungkapan Sustainability Report dan Kinerja Keuangan. Jurnal Akuntansi dan Keuangan, 16(2), 88–101. https://doi.org/10.9744/jak.16.2.88-101
Tilling, M. V. (2004). Refinements to Legitimacy Theory in Social and Environmental Accounting. Commerce Research Paper Series, 6(4), 1–11.
WCED. (1987). Our Common Future: Report of the World Commission on Environment and Development. Medicine, Conflict and Survival, 4(1), 300. https://doi.org/10.1080/07488008808408783
Webb, K. A., Cahan, S., dan Sun, J. (2008). The Effect of Globalization and Legal Environment on Voluntary Disclosure, 43, 219–245.
Weber, O., Koellner, T., Habegger, D., Steffensen, H., dan Ohnemus, P. (2008). The Relation between the GRI Indicators and the Financial Performance of Firms. Progress in Industrial Ecology - An International Journal, 5(3), 236–254. https://doi.org/10.1504/PIE.2008.019127
DOI: 10.30595/kompartemen.v16i1.2100
Copyright (c) 2018 KOMPARTEMEN: Jurnal Ilmiah Akuntansi
This work is licensed under a Creative Commons Attribution 4.0 International License.
ISSN: 2579-8928
|
Statcounter
|
 |
 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
