PENGUNGKAPAN CORPORATE SOCIAL RESPONSBILITY TERHADAP HARGA SAHAM PERUSAHAAN
Abstract Views:
312 times
PDF Downloads:
328 times
Abstract
Abstract – This research was conducted to know the effect of corporate social responsibility disclosure on company share price. The research gap is the main interest that underlie this research. Company from manufacturing sector that listed at Indonesia Stock Exchange (BEI) from 2016 until 2018 is the sample of this research. The result of this research is CSR doesn’t effect the company share price. That result is possible to happen, because CSR information is more about social information that don’t represent the financial information. Investor has more interest on company financial information.
Keywords: CSR, corporate, financial
Abstrak – Penelitian ini dilakukan dalam rangka mengetahui bagaimana pengaruh pengungkapan corporate social responsibility (CSR) pada harga saham perusahaan. Kesenjangan antar penelitian merupakan hal yang mendasari dilakukanya penelitian ini. Penelitian ini menggunakan perusahaan sektor manufaktur yang terdaftar di BEI periode 2016 sampai 2018 sebagai sampel. Penelitian yang dilakukan memberikan hasil bahwa CSR tidak berpengaruh terhadap harga saham. Hal ini mungkin saja terjadi mengingat informasi CSR merupakan informasi sosial, dan investor lebih tertarik untuk mengetahui informasi tentang kinerja keuangan perusahaan.
Kata kunci: CSR, perusahaan, keuangan
Downloads
References
De Klerk, M., de Villiers, C., & van Staden, C. (2015). The influence of corporate social responsibility disclosure on share prices: Evidence from the United Kingdom. Pacific Accounting Review, 27(2), 208–228
Hassel, L., Nilsson, H., & Nyquist, S. (2005). The value relevance of environmental performance. European Accounting Review, 14(1), 41–61.
Murray, A., Sinclair, D., Power, D., & Gray, R. (2006). Do financial markets care about social and environmental disclosure?: Further evidence and exploration from the UK. Accounting, Auditing and Accountability Journal (Vol. 19).
Choi, B. B., Lee, D., Psaros, J., Choi, B. B., Lee, D., & Psaros, J. (2014). “An analysis of Australian company carbon emission disclosures”.
Undang Undang Republik Indonesia Nomor 40 tahun 2007 tentang Perseroan Terbatas Healy, P. M., & Palepu, K. G. (2001). “Healy and Palepu information asymmetry corporate disclosure and teh capital markets”. Journal of Accountancy and Research, 31(1–3),
Wibisono, Yusuf, 2007. Membedah Konsep dan Aplikasi CSR. Fasco Publishing Gresik. Tryfino. (2009). Cara Cerdas Berinvestasi Saham, Edisi 1, Transmedia Pustaka, Jakarta. Munggaran, A., & Sarah, S. (2018). Pengaruh Earning Per Share ( EPS ) Terhadap Harga Saham. (August 2017), 0–12.
Putri, G. A. (2013) “Pengaruh pengungkapan corporate social responsibility terhadap harga saham pada perusahaan pertambangan yang terdaftar di BEI”.
Aletheari, Ida Ayu Made dan Jati, I Ketut, (2016). Pengaruh Earning Per Share, Price Earning Ratio, Dan Book Value Per Share Pada Harga Saham, E-Jurnal Akuntansi Universitas Udayana Vol.17.2. November (2016): 1254-1282 ISSN: 2302-8556
Nainggolan, Susan, 2008. ―Pengaruh Variabel Fundamental Terhadap Harga Saham Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia”, Tesis. Universitas Sumatera Utara, Medan
Elkington, John. 1997. Cannibals with forks, the triple bottom line of twentieth century business, CSR. Sebuah Keharusan dalam Investasi Sosial. Jakarta: Pusat Penyuluhan Sosial (PUSENSOS) Departemen Sosial RI. La Tofi Enterprise.
Responsibility, C. S., & Schadewitz, H. J. (2017). Communication via Responsibility Reporting and its Effect on Firm Value in Finland. (November)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
- Articles published in CALYPTRA are licensed under a Creative Commons Attribution-ShareAlike 4.0 International license. You are free to copy, transform, or redistribute articles for any lawful purpose in any medium, provided you give appropriate credit to the original author(s) and the journal, link to the license, indicate if changes were made, and redistribute any derivative work under the same license.
- Copyright on articles is retained by the respective author(s), without restrictions. A non-exclusive license is granted to CALYPTRA to publish the article and identify itself as its original publisher, along with the commercial right to include the article in a hardcopy issue for sale to libraries and individuals.
- By publishing in CALYPTRA, authors grant any third party the right to use their article to the extent provided by the Creative Commons Attribution-ShareAlike 4.0 International license.
