Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
The purpose of this research is to determine if financial fraud can lessen the direct impact of Corporate Social Responsibility (CSR) on firm value. Proxies of the CSR are fourth-generation of the Initiative Global Reporting, religiosity, Philanthropy, Voluntary Environmental Disclosure Index, and I...
| Main Authors: | , , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-12-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844022031954 |
| _version_ | 1797960947227164672 |
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| author | Tarjo Tarjo Alexander Anggono Rita Yuliana Prasetyono Prasetyono Muh Syarif Muhammad Alkirom Wildan Muhammad Syam Kusufi |
| author_facet | Tarjo Tarjo Alexander Anggono Rita Yuliana Prasetyono Prasetyono Muh Syarif Muhammad Alkirom Wildan Muhammad Syam Kusufi |
| author_sort | Tarjo Tarjo |
| collection | DOAJ |
| description | The purpose of this research is to determine if financial fraud can lessen the direct impact of Corporate Social Responsibility (CSR) on firm value. Proxies of the CSR are fourth-generation of the Initiative Global Reporting, religiosity, Philanthropy, Voluntary Environmental Disclosure Index, and ISO 26000. The company's value proxy is Price Book Value and Profit Margin. At the same time, the proxy of financial fraud is the F-Score model. This researcher researches mining companies engaged in Indonesia and Malaysia's oil and gas sectors. This study uses a fixed effect model based on the Hausman diagnostic test statistics. This research reveals evidence that financial fraud can reduce the impact of CSR on a firm's value. |
| first_indexed | 2024-04-11T00:51:55Z |
| format | Article |
| id | doaj.art-20205f23c6914ec58bff1617ecd46ee1 |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-04-11T00:51:55Z |
| publishDate | 2022-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-20205f23c6914ec58bff1617ecd46ee12023-01-05T08:37:22ZengElsevierHeliyon2405-84402022-12-01812e11907Corporate social responsibility, financial fraud, and firm's value in Indonesia and MalaysiaTarjo Tarjo0Alexander Anggono1Rita Yuliana2Prasetyono Prasetyono3Muh Syarif4Muhammad Alkirom Wildan5Muhammad Syam Kusufi6Corresponding author.; Faculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaFaculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaFaculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaFaculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaFaculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaFaculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaFaculty of Economics and Business, Universitas Trunojoyo Madura, IndonesiaThe purpose of this research is to determine if financial fraud can lessen the direct impact of Corporate Social Responsibility (CSR) on firm value. Proxies of the CSR are fourth-generation of the Initiative Global Reporting, religiosity, Philanthropy, Voluntary Environmental Disclosure Index, and ISO 26000. The company's value proxy is Price Book Value and Profit Margin. At the same time, the proxy of financial fraud is the F-Score model. This researcher researches mining companies engaged in Indonesia and Malaysia's oil and gas sectors. This study uses a fixed effect model based on the Hausman diagnostic test statistics. This research reveals evidence that financial fraud can reduce the impact of CSR on a firm's value.http://www.sciencedirect.com/science/article/pii/S2405844022031954Corporate social responsibilityFinancial fraudFirm valueIndonesiaMalaysia |
| spellingShingle | Tarjo Tarjo Alexander Anggono Rita Yuliana Prasetyono Prasetyono Muh Syarif Muhammad Alkirom Wildan Muhammad Syam Kusufi Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia Heliyon Corporate social responsibility Financial fraud Firm value Indonesia Malaysia |
| title | Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia |
| title_full | Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia |
| title_fullStr | Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia |
| title_full_unstemmed | Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia |
| title_short | Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia |
| title_sort | corporate social responsibility financial fraud and firm s value in indonesia and malaysia |
| topic | Corporate social responsibility Financial fraud Firm value Indonesia Malaysia |
| url | http://www.sciencedirect.com/science/article/pii/S2405844022031954 |
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