An information will be useful for decision making if
the information is relevant and reliable. Investors not only consider the financial
performance but also consider the company's relation with their environment and
society because the sustainability of the company is not considered by their
financial performance alone. The company’s environmental performance information
will enable investors or other related parties to assess the efficiency and
sustainability of the company. The
purpose of this study is to determine (1) whether
environmental performance is value relevant and (2) whether sustainability
report is value relevant.
Environmental performance showed by rating PROPER Kementerian Lingkungan Hidup
award. To minimize the asymmetric information about
environmental performance in this study use environmental reporting in the
sustainability report. The
sample research obtained based on purposive sampling method in which the
sampling is based on certain criteria.
Criteria of the sample is based on
(1) company that registered on Indonesia stock exchange (BEI), (2)
company that publishes financial statements during 2014-2018, (3) manufacturing
company that publishes sustainability report in 2014-2017, (4) manufacturing
company that registered in PROPER Kementerian Lingkungan Hidup in 2015-2018.
The analysis method in this study is using multiple regressions. The result of
the research shows that environmental performance is value
relevant. The result
of the research shows that the sustainability report is value
relevant. The result
of the research indicates that simultaneously shows that environmental
performance and sustainability report is value relevant.
|3 Nisan 2020
|24 Eylül 2019
|25 Şubat 2020
|Yıl 2019 Cilt: 2 Sayı: 2
InTraders Uluslararası Ticaret Akademik Dergisi
Prof. Dr. Adriana BURLEA-SCHIOPOIU, University of Craiova, Romania
Prof. Dr. Tulus Suryanto, Universitas Islam Negeri Raden Intan Lampung, Indonesia
Assoc. Prof. Dr., Liza ALILI SULEJMANI, International Balkan University, Macedonia
PhD Faculty Member, Ali YILDIZ, Muğla Sıtkı Koçman University, Türkiye
Dr. Instructor Sobia HASSAN, Lahore College For Women University, Pakistan
InTraders International Trade Academic Journal isimli yazarın InTraders International Trade Academic Journal başlıklı eseri bu Creative Commons Atıf-GayriTicari 4.0 Uluslararası Lisansı ile lisanslanmıştır.