Sustainability Report dan Nilai Perusahaan di Bursa Efek Indonesia

Nur Astri Sari; Budi Artinah; H. Safriansyah

Sustainability Report dan Nilai Perusahaan di Bursa Efek Indonesia

Nur Astri Sari, Budi Artinah, H. Safriansyah

Abstract

The objective of this study is examine the effect of sustainability report disclosure, which consist of economic, environmental, and social aspect, to firm value for listing companies in Indonesia Stock Exchange for the period 2013-2015. This study is using GRI G4 sustainability report disclosure guidelines. The result show that sustainability report disclosure, which consist of economic, environmental, and social aspect, simultaneously have significant effect on firm value. Partially, only economic aspect disclosure has significant positive effect on firm value, however environmental and social aspect disclosure have no significant effect on firm value. It shows that sustainability report disclosure may reduce asymmetry information.

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