Is Investment Policy Value-Enhancing through CSR Disclosure?
<p>This study aims to analysis the effect of funding policy, dividend, and investment oncorporate value and the influence of corporate social responsibility (CSR) disclosure as amoderating variable in the relationship between investment policy and firm value. Byusing purposive sampling methods...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitas Merdeka Malang
2017-11-01
|
| Series: | Jurnal Keuangan dan Perbankan |
| Subjects: | |
| Online Access: | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1724 |
| _version_ | 1811288417417297920 |
|---|---|
| author | Jaja Suteja Annisa Nur Mayasari |
| author_facet | Jaja Suteja Annisa Nur Mayasari |
| author_sort | Jaja Suteja |
| collection | DOAJ |
| description | <p>This study aims to analysis the effect of funding policy, dividend, and investment oncorporate value and the influence of corporate social responsibility (CSR) disclosure as amoderating variable in the relationship between investment policy and firm value. Byusing purposive sampling methods, selected sample of this research are 6 property, realestate and construction companies listed on IDX within the period of 2012-2016. Dataanalysis using moderated regression analysis. From this study, it has been found thatfunding policy has no significant effect on firm value, dividend policy has significanteffect to firm value, and investment policy has significant effect to firm value. The resultalso signifficantly showed CSR disclosure proved to be a moderating variable of therelationship between investment policy to firm value. Disclosure of CSR should be consideredas a result of the implementation of the decision. Property, real estate and constructioncompanies should be more aware of the importance of implementing corporatesocial responsibility to increase corporate value. Disclosure of CSR should be consideredas a result of the implementation of the decision.</p> |
| first_indexed | 2024-04-13T03:36:44Z |
| format | Article |
| id | doaj.art-469f597615f44ceebf991e2dd2232ac1 |
| institution | Directory Open Access Journal |
| issn | 1410-8089 2443-2687 |
| language | English |
| last_indexed | 2024-04-13T03:36:44Z |
| publishDate | 2017-11-01 |
| publisher | Universitas Merdeka Malang |
| record_format | Article |
| series | Jurnal Keuangan dan Perbankan |
| spelling | doaj.art-469f597615f44ceebf991e2dd2232ac12022-12-22T03:04:19ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872017-11-012145875961124Is Investment Policy Value-Enhancing through CSR Disclosure?Jaja Suteja0Annisa Nur Mayasari1Department of Management, Faculty of Economics and Business, Universitas PasundanDepartment of Management, Faculty of Economics and Business, Universitas Pasundan<p>This study aims to analysis the effect of funding policy, dividend, and investment oncorporate value and the influence of corporate social responsibility (CSR) disclosure as amoderating variable in the relationship between investment policy and firm value. Byusing purposive sampling methods, selected sample of this research are 6 property, realestate and construction companies listed on IDX within the period of 2012-2016. Dataanalysis using moderated regression analysis. From this study, it has been found thatfunding policy has no significant effect on firm value, dividend policy has significanteffect to firm value, and investment policy has significant effect to firm value. The resultalso signifficantly showed CSR disclosure proved to be a moderating variable of therelationship between investment policy to firm value. Disclosure of CSR should be consideredas a result of the implementation of the decision. Property, real estate and constructioncompanies should be more aware of the importance of implementing corporatesocial responsibility to increase corporate value. Disclosure of CSR should be consideredas a result of the implementation of the decision.</p>http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1724CSR disclosurefirm valuedividend policyfunding policy, investment policy |
| spellingShingle | Jaja Suteja Annisa Nur Mayasari Is Investment Policy Value-Enhancing through CSR Disclosure? Jurnal Keuangan dan Perbankan CSR disclosure firm value dividend policy funding policy, investment policy |
| title | Is Investment Policy Value-Enhancing through CSR Disclosure? |
| title_full | Is Investment Policy Value-Enhancing through CSR Disclosure? |
| title_fullStr | Is Investment Policy Value-Enhancing through CSR Disclosure? |
| title_full_unstemmed | Is Investment Policy Value-Enhancing through CSR Disclosure? |
| title_short | Is Investment Policy Value-Enhancing through CSR Disclosure? |
| title_sort | is investment policy value enhancing through csr disclosure |
| topic | CSR disclosure firm value dividend policy funding policy, investment policy |
| url | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1724 |
| work_keys_str_mv | AT jajasuteja isinvestmentpolicyvalueenhancingthroughcsrdisclosure AT annisanurmayasari isinvestmentpolicyvalueenhancingthroughcsrdisclosure |