文章基本信息

标题：Financial Performance and the Quality of Sustainability Disclosure Based on Global Reporting Initiative: Value Relevances Study in Indonesia Stock Exchange
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作者：Wiwik Utami
期刊名称：Mediterranean Journal of Social Sciences
电子版ISSN：2039-2117
出版年度：2015
卷号：6
期号：5 S5
页码：243-248
DOI：10.5901/mjss.2015.v6n5s5p243
出版社：Mediterranean Center of Social and Educational Research (MCSER)
摘要：The purpose of this study is to examine the influence of leverage, profitability, and the quality of sustainability disclosures on firm value with revenues growth as moderating variable. The quality of sustainability was measured based on disclosure index and the firm’s value was measured using Tobin’s Q. It examines firms companies in manufacturing industries listed in Indonesian Stock Exchange. Selected firm must have sustainability report in its financial reports of 2011-2013. A total of 143 firm years were examined using multiple regression. The results showed that leverage and profitability have positive significant influence on firm value. In addition, the study found that revenues growth was a moderating variable of the relationship between the quality of corporate sustainability disclosure and firm value.
关键词：firm value;sustainability disclosure;leverage;profitability;revenues growth