PENGARUH PENGUNGKAPAN TANGGUNG JAWAB SOSIAL PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN MEDIA ATTENTION SEBAGAI VARIABEL MEDIASI

Authors

  • Fiddyana Lasimpala Universitas Kristen Maranatha
  • Maria Natalia Universitas Kristen Maranatha

DOI:

https://doi.org/10.32493/jiaup.v8i1.4654

Keywords:

Corporate Social Responsibility, media attention, firm value, GRI

Abstract

The objective of this research is to determine the impact of Corporate Social Responsibility Disclosure to firm value with media attention as mediating variable. In this research media attention is proxied with a website, while firm value is measured using the Tobin’s q ratio. The population in this research are manufacturing companies that listed on the Indonesia Stock Exchange in 2016. This research refers to Li et al. (2016) & Putra et al. (2017) research  which shows that the performance of Corporate Social Responsibility is positively related to firm value. The difference between this research and previous research is the use of 144 manufacturing companies listed on the Indonesian Stock Exchange in 2016 as a research sample. Corporate Social Responsibility Disclosure measured using performance indicators from the Global Reporting Initiative (GRI) 4.1.Sampling was conducted using a purposive sampling method with criteria the companies that publish information related to Corporate Social Responsibility in the year of 2016 at annual report and at the company's official website. The sample of research that meets the criteria are 87 samples. Type of data used in this research is secondary data that obtained through official www.idx.co.ic. The data were analyzed by using path analysis with the SPSS 20 application. The results showed that the Corporate Social Responsibility Disclosure had an effect on the firm value. Meanwhile, media attention is not able to mediate the influence of Corporate Social Responsibility Disclosure on firm value

References

Alfianika, Ninit. (2016). Metode Penelitian Pengarajaran Bahasa Indonesia. Yogyakarta : Deepublish.

Amaladoss, M.X., Manohar, H.L. (2013). Communicating corporate social responsibility–a case of CSR communication in emerging economies. Corp. Soc. Responsib. Environ. Manag.20(2), 65–80 (2013).

Ananda, Candra Fajri. (2017 : 147). Manajemen Riset dengan Pendekatan Komputasi Statistika. Malang :UB Press.

Budihardjo, Andreas et al. (2011). Pijar-pijar Manajemen Bisnis Indonesia. Jakarta : Prasetiya Mulya.

Branco, Manuel Castelo and Rodrigues Lucia Lima. 2008. Factors Influencing Social Responsibility Disclosure by Portuguese Companies. Journal of Business Ethies, 83.

CNN.(2018). Anies Sebut Limbah di BKT Marunda karena Deterjen Warga. Diperoleh dari https://www.cnnindonesia.com/nasional/20180324145149-20-285626/anies-sebut-limbah-di-bkt-marunda-karena-deterjen-warga. Diakses tanggal 12 September 2018.

Craven, B.M., Marston, C.L. (1997). Investor relations and corporate governance in large UK companies.Corp. Gov. 5(3).

Dewi, Ayu Sri Mahatma & Wirajaya, Ary.(2013). Pengaruh Struktur Modal, Profitabiolitas dan Ukuran Perusahaan pada Nilai Perusahaan.E-Journal Akuntansi. Vol. 4, No. 2.

Grafstro¨m, M., Windell, K. (2011). The role of infomediaries: CSR in the business press during 2000–2009. J. Bus. Ethics 103(2).

Kartini, Dwi. (2009). Corporate social responsibility: Transformasi konsep sustainability management dan implementasi di Indonesia. Bandung : PT. Refika Aditama.

Li et al. (2016). Corporate Social Responsibility, Media Attention and Firm Value: Empirical Research on Chinese Manufacturing firms.

Mardiyanto, Handono. (2009). Inti Sari Manajemen Keuangan. Jakarta : Grasindo.

Maretno, Hoje Jo & Harjoto, A. (2011). Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility. Journal of Business Ethics. Volume 103, No. 3.

Margaretha, Farah. (2005). Teori dan Aplikasi Manajemen Keuangan: Investasi dan Sumber Dana Jangka Pendek. Jakarta : PT. Grasindo.

Marnelly, T. Romy. (2012). Corporate Social Responsibility (CSR): Tinjauan Teori dan Praktek di Indonesia. Jurnal Aplikasi Bisnis. Vol, 2 No. 2.

Permana, Virgiawan Aditya. (2012). Pengaruh Kinerja Lingkungan dan Karakteristik Perusahaan terhadap Corporate Social Responsibility (CSR) Disclosure (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI). Diponegoro Journal of Accpunting. Vol. 1, No. 1.

Putra, A., Kristiani, F., & Yudowati, S. (2017). Pengaruh Corporate Social Responsibility terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Moderating (Studi Empiris pada Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2012-2015).e-Proceeding of Management : Vol.4, No.3 Desember 2017.

Rosiana, Gusti A. M., Juliarsa, Gede.,& Maria, M. Ratna. (2013). Pengaruh Pengungkapan CSR Terhadap Nilai Perusahaan dengan Profitabiitas Sebagai Variabel Pemoderasi.

Said, Ahmad Lamo.(2015). Corporate Social Responsibility dalam Perspektif Bisnis. Sleman : Grup Penerbitan CV Budi Utama.

Sari, D.V & Haryanto, A.M. (2013). Pengaruh Profitabilitas, Pertumbuhan Aset, Ukuran Perusahaan, Struktur Aktiva dan Likuiditas terhadap Struktur Modal pada Perusahaan Manufaktur di Bursa Efek Indonesia Tahun 2008-2010. Diponegoro University. Volume 2, Nomor 3, Tahun 2013.

Sattar.(2017). Pengantar Bisnis. Jogjakarta : Deepublish.

Sudana, I Made. (2009). Manajemen Keuangan : Teori dan Praktek. Jakarta : Erlangga.

Sugiyono. (2014). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif, dan R&D. Bandung : Alfabeta.

Downloads

Published

2020-03-17

Issue

Vol. 8 No. 1 (2020): Jurnal Ilmiah Akuntansi Universitas Pamulang

Section

Articles

License

Authors who publish with this journal agree to the following terms:

    1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
    2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
    3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).

JIAUP: Jurnal Ilmiah Akuntansi Universitas Pamulang have CC-BY-SA or an equivalent license as the optimal license for the publication, distribution, use, and reuse of scholarly work.

In developing strategy and setting priorities, JIAUP: Jurnal Ilmiah Akuntansi Universitas Pamulang recognize that free access is better than priced access, libre access is better than free access, and libre under CC-BY-SA or the equivalent is better than libre under more restrictive open licenses. We should achieve what we can when we can. We should not delay achieving free in order to achieve libre, and we should not stop with free when we can achieve libre.