The Influence of Corporate Social Responsibility Disclosure on Firm Value (Empirical Study on Energy Sector Companies Listed on the IDX for the Period 2021-2023)
DOI:
https://doi.org/10.38035/jafm.v6i1.1662Keywords:
Corporate Social Responsibility, Economy Disclosure, Environmental Disclosure, Firm Value, Social DisclosureAbstract
This study aims to examine the influence of Corporate Social Responsibility disclosure, economic disclosure, environmental disclosure, and social disclosure on company value. The population in this study is energy sector companies listed on the Indonesia Stock Exchange for the 2021-2023 period. The sample in this study is 119 companies that were selected using the purposive sampling technique, which is the determination of samples using certain criteria. This study uses a multiple linear regression analysis method and uses the SPSS (Software Product and Service Solution) version 24 program in data processing. The results show that CSR disclosure and economic disclosure have a positive influence on company value, while environmental disclosure and social disclosure have no effect on company value.
References
Afifah, N., Astuti, S. W. W., & Irawan, D. (2021). Pengaruh Corporate Social Responsibility (CSR) dan Reputasi Perusahaan Terhadap Nilai Perusahaan. EKUITAS (Jurnal Ekonomi Dan Keuangan), 5(3), 346–364. https://doi.org /10.24034/j25485024.y2021.v5.i3.4644
Akmal, H., & Darmawati, D. (2023). Pengaruh Pengungkapan Lingkungan Terhadap Nilai Perusahaan Dengan Environmental Management Sebagai Moderasi. Jurnal Ekonomi Trisakti, 3(2), 3499–3512. https://doi.org/10.25105/jet.v3i2.17998
Angraini, B., & Murtanto. (2023). Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Moderasi. Jurnal Ekonomi Trisakti, 3(1), 1823–1830. https://doi.org/10.25105/jet.v3i1.16424
Arfito, J., Mukhzarudfa, & Zulma, G. W. M. (2023). Pengaruh Determinan Pengungkapan Sustainability Report Terhadap Kinerja Keuangan dan Nilai Perusahaan (Studi Pada Perusahaan di Indeks Sri-Kehati Tahun 2017-2020) Mukhzarudfa 2). Jambi Accounting Review (JAR), 4(1), 21–42. https://doi.org /10.22437/jar.v4i1.27225
Astari, T. A., & Sari, N. (2023). Analisis Pengaruh Pelaporan Keberlanjutan Terhadap Kinerja dan Nilai Perusahaan. Jurnal Akuntansi Dan Keuangan (JAK), 28(2), 173–182. https://doi.org/10.23960 /jak.v28i2.1071
Atahau, A. D. R., & Kausar, M. F. (2022). Sustainability Report terhadap Nilai Perusahaan: Studi Perusahaan yang Terdaftar dalam Sustainability Report Rating. AFRE (Accounting and Financial Review), 5(2), 124–130. https://doi.org/ 10.26905/afr.v5i2.7810
Christy, E., & Sofie. (2023). Pengaruh Pengungkapan Environmental, Social, dan Governance Terhadap Nilai Perusahaan. Jurnal Ekonomi Trisakti, 3(2), 3899–3908. https://doi.org/10.25105 /jet.v3i2.18233
El Ghoul, S., Guedhami, O., Kwok, C. C. Y., & Mishra, D. R. (2011). Does Corporate Social Responsibility Affect the Cost of Capital? Journal of Banking & Finance, 35(9), 2388–2406. http://ssrn.com/abstract=1546755Electroniccopyavailableat: https://ssrn.com/abstract=1546755Electroniccopyavailableat: http://ssrn.com/abstract=1546755
Elkington, J. (1997). Cannibals With Forks the Triple Bottom Line of 21st Century Business. New Society Publishers.
Fajriyah, B. N., & Pohan, H. T. (2022). Analisis Pengaruh Kinerja Ekonomi, Pengungkapan Kinerja Sosial dan Lingkungan Terhadap Nilai Perusahaan. COMSERVA: Jurnal Penelitian Dan Pengabdian Masyarakat, 2(7), 905–914. https://doi.org/10.36418/comserva.v2i07.408
Irawan, A., Ovami, D. C., Prima, A. P., & Putri, A. P. (2023). Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan pada Perusahaan Perbankan yang Terdaftar di BEI. Jurnal Bisnis Net, 6(1), 341–348.
Kartana, I. W., Eryani, I. G. A. P., Putra, I. M. W., & Ekayani, N. N. S. (2024). Pengaruh Aktivitas Sosial Dan Lingkungan Terhadap Nilai Perusahaan Dengan Gender Deversity Sebagai Variabel Moderasi Pada Perusahaan Pertambangan. Jurnal KRISNA: Kumpulan Riset Akuntansi, 15(2), 263–278. https://doi.org/10.22225/kr.15.2. 2024.263-278
Kartika, F., Dermawan, A., & Hudaya, F. (2023). Pengungkapan Environmental, Social, Governance (ESG) dalam Meningkatkan Nilai Perusahaan Publik di Bursa Efek Indonesia. Sosiohumaniora: Jurnal Ilmiah Ilmu Sosial Dan Humaniora, 9(1), 29–39. https://doi.org/ 10.30738/sosio.v9i1.14014
Lastanti, H. S., & Salim, N. (2018). Pengaruh Pengungkapan Corporate Social Responsibility, Good Corporate Governance, dan Kinerja Keuangan Terhadap Nilai Perusahaan. Jurnal Akuntansi Trisakti, 5(1), 27–40. https://doi.org/10.25105/jat.v5i1.4841
Lestari, A. D., & Khomsiyah. (2023). Pengaruh Kinerja Lingkungan, Penerapan Green Accounting, dan Pengungkapan Sustainability Report Terhadap Nilai Perusahaan. Jurnal Ekonomi Bisnis, Manajemen Dan Akuntansi (Jebma), 3(3), 514–526. https://doi.org/doi.org/jebma. v3n3.2799
Loriyani, N. N., & Mimba, N. P. S. H. (2023). Corporate Social Responsibility, Leverage, Kepemilikan Asing, dan Nilai Perusahaan dengan Firm Size sebagai Pemoderasi. E-Jurnal Akuntansi, 33(10), 2627–2646. https://doi.org/10.24843/eja. 2023.v33.i10.p07
Monika, S. R., & Murniati. (2023). Pengaruh Pengungkapan Pengaruh Pengungkapan Sustainability Report Terhadap Nilai Perusahaan Pada Bank Konvensional Di Indonesia (Studi Pada Perbankan yang Terdaftar di BEI Tahun 2018-2022). Jurnal Akuntansi Keuangan Dan Bisnis, 1(3), 158–168. https://jurnal.ittc.web.id/ index.php/jakbs/index
Putra, M. T. S., & Putri, I. G. A. M. A. D. (2022). Pengaruh Pengungkapan Corporate Social Responsibility terhadap Nilai Perusahaan dengan Good Corporate Governance sebagai Variabel Pemoderasi. E-Jurnal Akuntansi, 32(5), 1317–1331. https://doi.org/10.24843/EJA.2022.v
Rahayu, M., & Sari, B. (2018). Faktor-faktor yang Mempengaruhi Nilai Perusahaan. IKRAITH-HUMANIORA, 2(2), 69–76.
Sadipun, M. D. (2022). Pengaruh Pengungkapan Sustainability Reporting Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022). Jurnal Ilmu Dan Riset Akuntansi, 11(9), 1–16.
Sari, S. P. (2022). Pengaruh Pengungkapan Lingkungan dan Media Exposure Terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Makanan dan Minuman yang terdaftar di Bursa Efek Indonesia).
Suchman, M. C. (1995). Managing Legitimacy: Strategic and Institutional Approaches. The Academy of Management Review, 20(3), 571–610. https://doi.org/10.2307/ 258788
Sulbahri, R. A. (2021). Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan. Akuntansi Dan Manajemen, 16(2), 215–226. https://akuntansi.pnp.ac. id/jam
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Sonia Elizabeth Remora, Hasnawati Hasnawati
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish their manuscripts in this journal agree to the following conditions:
- The copyright on each article belongs to the author(s).
- The author acknowledges that the Journal of Accounting and Finance Management (JAFM) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
- Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Journal of Accounting and Finance Management (JAFM).
