文章基本信息

标题：The Influence of Sustainability Disclosure on Firm Value’s with Board Involvement as A Moderating Variable: Evidence from Indonesia
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作者：Januarti Tiurmaida ; Yvonne Augustine S.
期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2019
卷号：10
期号：10
页码：190-198
DOI：10.7176/JESD/10-10-21
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The objective of this research was to find out the effects of the disclosure of Sustainability Reporting including the economic performance disclosure, environmental performance disclosure and social performance disclosure, and also the board involvement on the firm value. Sustainability disclosure is the company's effort to make the company accountable for all stakeholders, for the company’s performance goals towards sustainable development. The population of the research was the companies listed in the Indonesia Stock Exchange for the period of 2015-2017. This research uses the content analysis method, namely the quantitative research, to find out the relationship between one independent variable (sustainability disclosure, covers economic, environmental and social performance disclosure) and the dependent variable (company performance) with the board involvement as the moderating variable. The results of the research indicated that the board involvement moderated the disclosures of economic, environmental and social performance towards the value of the company. Further research indicated that the disclosure of Sustainability Reporting that included the economic, environmental, and social performance disclosure, had significant effect to the company value, but it is negative. The negative value shows that the cost spent for the disclosure of the Sustainability Reporting is still greater than its effect towards of the firm value.
关键词：Sustainability Disclosure; Economic Performance; Environmental Performance; Social Performance; Board Involvement; Company Performance; and Content Analysis.