PENGUNGKAPAN TANGGUNG JAWAB PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA MASA PANDEMI COVID-19
DOI:
https://doi.org/10.32332/finansia.v6i1.6885Keywords:
Pengungkapan Sosial dan Lingkungan Perusahaan, Profitabilitas, NIlai Perusahaan, COVID-19Abstract
COVID-19 has brought human activities to a halt which has an impact on business continuity, most companies have stopped their operational activities, making companies experience losses. This study aims to examine the effect of CSED and profitability on the company value of pharmaceutical companies listed on the Indonesia Stock Exchange for the period 2015-2019 and the period 2020 to determine the impact of COVID-19. The population of this study was 10 pharmaceutical companies, purposeful sampling technique was applied to select seven companies as samples. Data is obtained from reports of information or material facts about the impact of the COVID-19 pandemic on pharmaceutical companies from www.idx.co.id website. The results showed that CSED had a positive and significant effect on company value, while profitability had a positive but not significant effect on company value.
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References
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Craig, C. Samuel., Dan Douglas, Susan P. “Configural Advantage In Global Markets.” Journal Of International Marketing, Vol. 8, No. 1, 2000.
Dang, Hung Ngoc., Vu, Van Thi Thuy., Ngo, Xuan Thanh., Dan Hoang, Ha Thi Viet. “Study The Impact Of Growth, Firm Size, Capital Structure, And Profitability On Enterprise Value: Evidence Of Enterprises In Vietnam.” Journal Of Corporate Accounting & Finance, Vol. 30, No. 1, 2019.
Deswanto, Refandi Budi., Dan Siregar, Sylvia Veronica. “The Associations Between Environmental Disclosures With Financial Performance, Environmental Performance, And Firm Value.” Social Responsibility Journal, Vol. 14, No. 1, 2018.
Djajadikerta, Hadrian Gery., Dan Trireksani, Terri. “Corporate Social And Environmental Disclosure By Indonesian Listed Companies On Their Corporate Web Sites.” Journal Of Applied Accounting Research Vol. 13, No. 1, 2012.
Elkington, John. “Partnerships From Cannibals With Forks: The Triple Bottom Line Of 21st‐Century Business.” Environmental Quality Management Vol. 8, No. 1, 1998.
Fouad, K. Alnajjar., Dan Ahmed, Riahi-Belkaoui. “Multinationality, Profitability And Firm Value.” Managerial Finance, Vol. 25, No. 12, 1999.
Freeman, R. Edward., Dan S. Ramakrishna Velamuri. A New Approach To CSR: Company Stakeholder Responsibility. United Kingdom: Palgrave Macmillan, 2006.
Ghozali, Imam. Aplikasi Analisis Multivariate Dengan Program IBM SPSS 25. Semarang: Badan Penerbit Universitas Diponegoro, 2018.
Gray, Rob., Owen, Dave., Dan Adams, Carol. Accounting & Accountability: Changes And Challenges In Corporate Social And Environmental Reporting. New York: Prentice Hall, 1996.
Hassan, Omaima AG. “The Impact Of Voluntary Environmental Disclosure On Firm Value: Does Organizational Visibility Play A Mediation Role?” Business Strategy And The Environment, Vol. 27, No. 8, 2018.
Jo, Hoje., Kim, Hakkon., Dan Park, Kwangwoo. “Environmental Costs And Firm Value.” Asia‐Pacific Journal Of Financial Studies, Vol. 45, No. 6, 2016.
Khurana, Inder K., Dan Lippincott, Barbara. “Restructuring And Firm Value: The Effects Of Profitability And Restructuring Purpose.” Journal Of Business Finance & Accounting, Vol. 27, No. 1, 2000.
Kolsi, Mohamed Chakib., Dan Attayah, Osama F. “Environmental Policy Disclosures And Sustainable Development: Determinants, Measure And Impact On Firm Value For ADX Listed Companies.” Corporate Social Responsibility And Environmental Management, Vol. 25, No. 5, 2018.
Li, Zhenghui., Liao, Gaoke., Dan Albitar, Khaldoon. “Does Corporate Environmental Responsibility Engagement Affect Firm Value? The Mediating Role Of Corporate Innovation.” Business Strategy And The Environment, Vol. 29, No. 3, 2020.
Lubis, Ade Fatma., Dan Putra, Adi Syah. Manajemen Keuangan Sebagai Alat Untuk Pengambilan Keputusan. Medan: USU Press, 2012.
Naceur, Samy Ben., Dan Goaied, Mohamed. “The Relationship Between Dividend Policy, Financial Structure, Profitability, And Firm Value.” Applied Financial Economics, Vol. 12, No. 12, 2002.
Osazuwa, Nosakhare Peter., Dan Ahmad, Ayoib Che. “The Moderating Effect Of Profitability And Leverage On The Relationship Between Eco-Efficiency And Firm Value In Publicly Traded Malaysian Firms.” Social Responsibility Journal, Vol. 12, No. 2, 2016.
Pflieger, Julia., Fischer, Matthias., Kupfer, Thilo., Dan Eyerer, Peter. “The Contribution Of Life Cycle Assessment To Global Sustainability Reporting Of Organizations.” Management Of Environmental Quality: An International Journal, Vol. 16, No. 2, 2005.
Salvatore, Dominick. Ekonomi Manajerial Dalam Perekonomian Global. Jakarta: Salemba Empat, 2012.
Spence, A. Michael. “Time And Communication In Economic And Social Interaction.” The Quarterly Journal Of Economics Vol. 87, No. 4, 1973.
Strong, Norman. “Discussion Restructuring And Firm Value: The Effects Of Profitability And Restructuring Purpose.” Journal Of Business Finance & Accounting, Vol. 27, No. 1, 2000
Varaiya, Nikhil., Kerin, Roger A., Dan Weeks, David. “The Relationship Between Growth, Profitability, And Firm Value.” Strategic Management Journal, Vol. 8, No. 5, 1987.
Warusawitharana, Missaka. “Research And Development, Profits, And Firm Value: A Structural Estimation.” Quantitative Economics Vol. 6, No. 2, 2015.
Yadav, Prayag Lal., Han, Seung Hun, Dan Rho, Jae Jeung. “Impact Of Environmental Performance On Firm Value For Sustainable Investment: Evidence From Large US Firms.” Business Strategy And The Environment Vol. 25, No. 6, 2016.
Yu, Ellen Pei‐Yi., Guo, Christine Qian, Luu, Dan Bac Van. “Environmental, Social And Governance Transparency And Firm Value.” Business Strategy And The Environment Vol. 27, No. 7, 2018.
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2023-06-26
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How to Cite
PENGUNGKAPAN TANGGUNG JAWAB PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA MASA PANDEMI COVID-19. (2023). FINANSIA : Jurnal Akuntansi Dan Perbankan Syariah, 6(1), 49-62. https://doi.org/10.32332/finansia.v6i1.6885
