PENGARUH SUSTAINABILITY REPORT TERHADAP NILAI PERUSAHAAN DAN INVESTMENT OPPORTUNITY SET SEBAGAI VARIABEL MODERATING (Studi Empiris Perusahaan yang Terdaftar di  Bursa Efek Indonesia Tahun 2017-2018)

Steven Iberahim; Budi Artinah

PENGARUH SUSTAINABILITY REPORT TERHADAP NILAI PERUSAHAAN DAN INVESTMENT OPPORTUNITY SET SEBAGAI VARIABEL MODERATING (Studi Empiris Perusahaan yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2018)

Steven Iberahim, Budi Artinah

Abstract

This study aims to gain empirical evidence on the effect of Sustainability Report on the firm value and Investment Opportunity Set as moderating variable. The sustainability report disclosure index used as the sustainability report guideline disclosed in this study is Global Reporting Disclosure GRI-Standards. The samples used in this research were companies listed in Indonesia Stock Exchange in 2017-2018 and which issued Sustainability Reports. This study uses a purposive sampling method with several specific criteria and as many as 30 companies with a total of 60 samples used as research data. Data analysis uses regression analysis and conceded the classical assumption test then hypothesis testing using multiple linear regression methods. The results shows that simultaneous Sustainability Report, Investment Opportunity Set and moderation Investment Opportunity Set have significant effect on the firm value. While partially, it showed that Sus-tainability Report has no significant positive influence on the firm value. While the moderation Sustainability Report by Investment Opportunity Set has no effect on the firm value.

Keywords

Sustainability Report, Investment Opportunity Set, Firm Value

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