Araştırma Makalesi
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Düzenleyici Değişken Olarak Yönetim Kurulu Çeşitliliği ile Kurumsal Sosyal Sorumluluk Açıklamasının Değer Uygunluk Analizi

Yıl 2022, Cilt: 4 Sayı: 1, 26 - 44, 30.06.2022
https://doi.org/10.54821/uiecd.1092420

Öz



Değer uygunluk düzeyi, kullanıcıların kararlarını hızlı bir şekilde verebilmelerini sağlamak için bilginin raporlara yardımcı olma yeteneğidir. Bilgi, kullanıcılarının ekonomik kararlarını etkileyebiliyorsa, kurumsal açıklama ile ilgili olduğu söylenir. Kurumsal açıklamalardan biri de şirketlerin sosyal sorumluluklarına ilişkindir. Bu çalışma, KSS açıklamalarının değerini ve uygunluğunu görmeyi amaçlamaktadır. Araştırmanın ana unsuru, 317 gözlem şirketinin yıllık raporunu yayınlayan 2018 – 2020 yıllarında IDX'te listelenen tüm şirketlerdir. Kullanılan veriler şirketlerin faaliyet raporlarından alınmıştır. Araştırma, CSR açıklamalarının yönetim değişkeni olarak yönetim kurulu çeşitliliği (cinsiyet, yaş ve eğitim) ve kontrol değişkeni olarak ROA ile değer ilişkisini incelemektedir. Tanımlayıcı istatistiki testler ve regresyon analizleri, KSS açıklamalarının ilgililik değerini etkilemediğini yani yatırımcı tepkilerini ve değerlendirmelerini etkilemediğini göstermektedir. Düzenleyici değişkenin KSS açıklamaları ve değer ilgisi üzerinde bir etkisi olmasa da araştırma modelini etkilemektedir. Bunun yanında, ROA'nın ERC üzerinde önemli bir etkisi bulunmakta, bu da ROA'nın ilgi değeri üzerinde olumlu ve güçlü bir etkisi olduğu anlamına gelmektedir. Bu durum, yatırımcıların halen finansal performans göstermeyen şirketlere kıyasla diğer şirketlerin finansal performansına odaklanmış değerlendirmelerinden kaynaklanmaktadır.

Kaynakça

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Value Relevance Analysis of Corporate Social Responsibility Disclosure with Board of Director Diversity as The Moderating Variable

Yıl 2022, Cilt: 4 Sayı: 1, 26 - 44, 30.06.2022
https://doi.org/10.54821/uiecd.1092420

Öz

Value relevance is the ability of information to assist report in making users being able to easily make decision. A corporate disclosure is said to be relevant if the information can influence the economic decisions of its users. One of the corporate disclosures is about the companies’ social responsibility. This study aims to see the value relevance on CSR Disclosure. The object of this research is all companies listed on the IDX in 2018 – 2020 which publish annual report with a total of 317 observation companies. The data used is taken from the company's annual report. This study examines the effect of CSR Disclosure on value relevance with board diversity (gender, age, and education) as the moderating variable and also ROA as the controlling variable. By using statistical descriptive tests and regression analysis, it is ensured that CSR Disclosure has no effect on the value of relevance, meaning that it does not affect the reactions and considerations of investors' decisions. The moderating variable, has also not been able to provide a significant influence on CSR Disclosure and its effect to the value relevance even though all the moderating variables give impacts in the relationship between research model. On the other hand, ROA has a significant impact in ERC which means ROA has a positive and very strong impact on the value of relevance. This is due to investors considerations that are still focused on the company’s financial performance compared to the company’s non-financial performance companies.

Kaynakça

  • Agustina, L., & Baroroh, N. (2016). The relationship between Enterprise Risk Management (ERM) and firm value mediated through the financial performance. Review of Integrative Business and Economics Research, 5(1), 128.
  • Al Fadli, A., Sands, J., Jones, G., Beattie, C., & Pensiero, D. (2019). Board gender diversity and CSR reporting: Evidence from Jordan. Australasian Accounting, Business and Finance Journal, 13(3), 29-52.
  • Alamsyah, S. (2017). Pengaruh Profitabilitas Terhadap Nilai Perusahaan, Relevansi Nilai Informasi Akuntansi, Keputusan Investasi, Kebijakan Dividen Sebagai Variabel Intervening (Studi Empiris Pada Perusahaan Indeks Kompas 100 Periode 2010-2013). Competitive Jurnal Akuntansi Dan Keuangan, 1(1), 136-161.
  • Alim, C.A., & Rizki, A. (2019). Environmental disclosure, earnings response coefficient, and dominant owner in manufacturing company in Indonesia. International Journal of Civil Engineering and Technology (IJCIET), 10(5), 362–372.
  • Alotaibi, K. and Hussainey, K.(2016). Quantity versus quality: The value relevance of CSR disclosure of Saudi companies. Corporate Ownership and Control, 13(2), 167-179.
  • Anas, A., Rashid, H. M. A., & Annuar, H. A. (2015). The effect of award on CSR disclosures in annual reports of Malaysian PLCs. Social Responsibility Journal, 11(4), 831-852.
  • Anazonwu, H. O., Egbunike, F. C., & Gunardi, A. (2018). Corporate board diversity and sustainability reporting: A study of selected listed manufacturing firms in Nigeria. Indonesian Journal of Sustainability Accounting and Management, 2(1), 65-78.
  • Anjani, F. T. (2018). Pengaruh Diversitas Dewan Direksi Dan Overconfidence Terhadap Tax Avoidance (Survei Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013–2016) (Doctoral dissertation, Universitas Brawijaya).
  • Arista, D., & Astohar, A. (2012). Analisis Faktor–Faktor Yang Mempengaruhi Return Saham. Jurnal Ilmu Manajemen dan Akuntansi Terapan (JIMAT), 3(1).
  • Asmeri, R., Alvionita, T., & Gunardi, A. (2017). CSR disclosures in the mining industry: Empirical evidence from listed mining firms in Indonesia. indonesian Journal of sustainability accounting and Management, 1(1), 16-22.
  • Aureli, S., Gigli, S., Medei, R., & Supino, E. (2020). The value relevance of environmental, social, and governance disclosure: Evidence from Dow Jones Sustainability World Index listed companies. Corporate Social Responsibility and Environmental Management, 27(1), 43-52.
  • Awuy, V. P., Sayekti, Y., & Purnamawati, I. (2017). Pengaruh Pengungkapan Corporate Social Responsibility (CSR) Terhadap Earnings Response Coefficient (ERC)(Suatu Studi Empiris Pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Pada Tahun 2010-2013).
  • Azizah, S., Agustina, L., & Jati, K. W. (2021, February). Role of Independent Commissioner in Moderating Factors That Affect Earnings Response Coefficient. In International Conference on Strategic Issues of Economics, Business and, Education (ICoSIEBE 2020) (pp. 1-6). Atlantis Press.
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  • Paramita, R. W. D., & Hidayanti, E. (2013). Pengaruh Earnings Response Coeffisient (ERC) Terhadap Harga Saham: Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Wiga: Jurnal Penelitian Ilmu Ekonomi, 3(1), 12-20.
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  • Raharjo, E. (2007). Agency theory vs stewardship theory in the accounting perspective. Fokus Ekonomi, 2(1), 37-46.
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  • Widianingsih, D. (2018). Kepemilikan manajerial, kepemilikan institusional, komisaris independen, serta komite audit pada nilai perusahaan dengan pengungkapan csr sebagai variabel moderating dan firm size sebagai variabel kontrol. Jurnal akuntansi dan Pajak, 19(01), 38-52.
  • Wijaya, P. C., & Suprasto, B. (2015). Pengaruh persebaran dewan two tier (dewan gabungan) pada nilai perusahaan sektor keuangan. E-Jurnal Akuntansi, 12(3), 722-734.
  • Wijayanto, E., & Putri, A. N. (2018). Analisis Pengaruh Rasio Likuiditas, Rasio Leverage, Rasio Profitabilitas Dan Kepemilikan Manajerial Terhadap Kebijakan Dividen. Jurnal Aktual Akuntansi Keuangan Bisnis Terapan (AKUNBISNIS), 1(2), 105-118.
  • Wulandari, K. T., & Wirajaya, I. G. A. (2014). Pengaruh Pengungkapan Corporate Social Responsibility terhadap Earnings Response Coefficient. E-Jurnal Akuntansi, 6(3), 355-369.
  • Wulandari, T. R., & Adiwati, A. K. (2016). Perubahan Relevansi Nilai Informasi Akuntansi Setelah Adopsi IFRS. Jurnal Akuntansi Multiparadigma, 6(3), 412-420.
  • Wulolo, C. F., & Rahmawati, I. P. (2017). Analisis pengungkapan corporate social responsibility berdasarkan global reporting initiative G4. Jurnal Organisasi dan Manajemen, 13(1), 53-60.
Toplam 87 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Finans
Bölüm Araştırma Makaleleri
Yazarlar

Diajeng Fitri Wulan

Lindrianasari Lindrianasari 0000-0001-9643-6682

Yunia Amelia 0000-0002-2479-8710

Rindu Rika Gamayuni 0000-0001-5779-6132

Yayımlanma Tarihi 30 Haziran 2022
Yayımlandığı Sayı Yıl 2022 Cilt: 4 Sayı: 1

Kaynak Göster

APA Wulan, D. F., Lindrianasari, L., Amelia, Y., Gamayuni, R. R. (2022). Value Relevance Analysis of Corporate Social Responsibility Disclosure with Board of Director Diversity as The Moderating Variable. International Journal of Business and Economic Studies, 4(1), 26-44. https://doi.org/10.54821/uiecd.1092420

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