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Yıl 2019, Cilt: 2 Sayı: 2, 237 - 244, 03.04.2020

Öz

Kaynakça

  • Barth, M. E., Beaver, W. H., Landsman, W. R. (2001). The relevance of the value relevance literature for financial accounting standard setting. Another view. Journal of Accounting and Economics,31, 77-104.
  • Cardamone P., Carnevale C., Giunta F. 2012. The value relevance of social reporting: evidence from listed Italian companies. Journal of Applied Accounting, 13(2), 255-269.
  • Clarkson, P. M., Li, Y., Richardson, G. D. 2004. The Market Valuation of Environmental Capital Expenditures by Pulp and Paper Companies. The Accounting Review, 79(2), 329-353.
  • Gumanti, Tatang A. (2009). Teori Sinyal Manajemen Keuangan. Usahawan No.06.Edition 38.page.4.
  • Hartono, Jogiyanto. 2014.” Metode Penelitian Bisnis”. 6 edition. Yogyakarta. Gadjah Mada University.
  • Nuryana, Mu’man. 2005. Corporate Social Responsibility dan Kontribusibagi Pembangunan Berkelanjutan. Makalah yang disampaikan pada Diklat Pekerjaan Sosial Industri, Balai Besar Pendidikan dan Pelatihan Kesejahteraan Sosial (BBPPKS). Bandung.
  • Ohlson, J. A. (1995). Earning, book values and dividends in equity valuation.
  • Sarumpaet, Susi. 2012. Earnings Management by firms with poor environmental performance ratings: An empirical investigation in Indonesia. Simposium Nasional Akuntansi XV. Banjarmasin.Sarumpaet S., Nelwan M. L., Dewi D. N. 2017. The Value Relevance of environmental performance: evidence from Indonesia. Social Responsibility Journal, DOI: 10.1108/srj
  • Schadewitz H., Niskala M. 2010. Communication via responsibility reporting and its effect on firm value in Finland. Corporate Social Responsibility and Environmental Management, 17, 96-106.

The value relevance of the environmental performance and reporting

Yıl 2019, Cilt: 2 Sayı: 2, 237 - 244, 03.04.2020

Öz

Abstract



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.

Kaynakça

  • Barth, M. E., Beaver, W. H., Landsman, W. R. (2001). The relevance of the value relevance literature for financial accounting standard setting. Another view. Journal of Accounting and Economics,31, 77-104.
  • Cardamone P., Carnevale C., Giunta F. 2012. The value relevance of social reporting: evidence from listed Italian companies. Journal of Applied Accounting, 13(2), 255-269.
  • Clarkson, P. M., Li, Y., Richardson, G. D. 2004. The Market Valuation of Environmental Capital Expenditures by Pulp and Paper Companies. The Accounting Review, 79(2), 329-353.
  • Gumanti, Tatang A. (2009). Teori Sinyal Manajemen Keuangan. Usahawan No.06.Edition 38.page.4.
  • Hartono, Jogiyanto. 2014.” Metode Penelitian Bisnis”. 6 edition. Yogyakarta. Gadjah Mada University.
  • Nuryana, Mu’man. 2005. Corporate Social Responsibility dan Kontribusibagi Pembangunan Berkelanjutan. Makalah yang disampaikan pada Diklat Pekerjaan Sosial Industri, Balai Besar Pendidikan dan Pelatihan Kesejahteraan Sosial (BBPPKS). Bandung.
  • Ohlson, J. A. (1995). Earning, book values and dividends in equity valuation.
  • Sarumpaet, Susi. 2012. Earnings Management by firms with poor environmental performance ratings: An empirical investigation in Indonesia. Simposium Nasional Akuntansi XV. Banjarmasin.Sarumpaet S., Nelwan M. L., Dewi D. N. 2017. The Value Relevance of environmental performance: evidence from Indonesia. Social Responsibility Journal, DOI: 10.1108/srj
  • Schadewitz H., Niskala M. 2010. Communication via responsibility reporting and its effect on firm value in Finland. Corporate Social Responsibility and Environmental Management, 17, 96-106.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Makaleler
Yazarlar

Ayu Dwiny OCTARY

Yayımlanma Tarihi 3 Nisan 2020
Gönderilme Tarihi 24 Eylül 2019
Kabul Tarihi 25 Şubat 2020
Yayımlandığı Sayı Yıl 2019 Cilt: 2 Sayı: 2

Kaynak Göster

APA OCTARY, A. D. (2020). The value relevance of the environmental performance and reporting. InTraders International Trade Academic Journal, 2(2), 237-244.