The Impact of Each Element of Corporate Social Responsibility Disclosure on Firm Value

DOI

10.2991/iac-17.2018.25How to use a DOI?

Keywords

Corporate Social Responsibility Disclosure (CSRD), Elements of CSRD, Firm Value, Tobin’s Q

Abstract

The research examines the impact of each element of corporate social responsibility on firm value. The research uses 148 samples that are taken from 74 manufacturing companies that are listed on the Indonesia Stock Exchange (IDX) from 2012-2013. Firm value is measured using Tobin’s Q and each element of Corporate Social Responsibility Disclosure (CSRD) is measured using the GRI G3.1 index and checklist. The result of the research is that the human rights element of CSRD positively impacts firm value, while the economic, environmental, labor, society, and product responsibility themes of CSRD do not impact firm value. This suggests that companies who disclose the human rights theme of CSRD will have higher firm value, thus attracting more investors.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Claudia Maharani Kristyanto
AU  - I Putu Sugiartha Sanjaya
PY  - 2017/08
DA  - 2017/08
TI  - The Impact of Each Element of Corporate Social Responsibility Disclosure on Firm Value
BT  - Proceedings of the 6th International Accounting Conference (IAC 2017)
PB  - Atlantis Press
SP  - 142
EP  - 145
SN  - 2352-5428
UR  - https://doi.org/10.2991/iac-17.2018.25
DO  - 10.2991/iac-17.2018.25
ID  - Kristyanto2017/08
ER  -