DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL
This research investigated the influence of informativeness of accounting on the relation of Corporate SocialResponsibility disclosure and the cost of equity capital of public companies listed in the Indonesian StockExchange in the period of 2008-2012. Purposive sampling method was used to determine...
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| Format: | Article |
| Language: | English |
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Universitas Merdeka Malang
2017-03-01
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| Series: | Jurnal Keuangan dan Perbankan |
| Subjects: | |
| Online Access: | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/774 |
| _version_ | 1818984775525859328 |
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| author | Gede Adi Yuniarta Yuli Agustini |
| author_facet | Gede Adi Yuniarta Yuli Agustini |
| author_sort | Gede Adi Yuniarta |
| collection | DOAJ |
| description | This research investigated the influence of informativeness of accounting on the relation of Corporate SocialResponsibility disclosure and the cost of equity capital of public companies listed in the Indonesian StockExchange in the period of 2008-2012. Purposive sampling method was used to determine samples and 154observations were obtained. Hypothesis testing was conducted using moderated regression analysis (MRA).This study found that the informativeness of accounting influenced the relation of Corporate Social Responsibilitydisclosure and the cost of equity capital. It weakened the positive impact of corporate social responsibilityon the cost of equity capital. The greater level of Corporate Social Responsibility disclosure accompanied by agood informativeness of accounting by companies, the lower the cost of equity capital was. Corporate SocialResponsibility disclosure with good informativeness accounting would give potential benefits like the growingnumber of investors, reducing estimated risks and asymmetry of information each of which indicated areduction in the cost of equity capital of firms. |
| first_indexed | 2024-12-20T18:24:22Z |
| format | Article |
| id | doaj.art-b7ec659f08c2436aaa1ac815d0259325 |
| institution | Directory Open Access Journal |
| issn | 1410-8089 2443-2687 |
| language | English |
| last_indexed | 2024-12-20T18:24:22Z |
| publishDate | 2017-03-01 |
| publisher | Universitas Merdeka Malang |
| record_format | Article |
| series | Jurnal Keuangan dan Perbankan |
| spelling | doaj.art-b7ec659f08c2436aaa1ac815d02593252022-12-21T19:30:12ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872017-03-011817279507DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITALGede Adi Yuniarta0Yuli Agustini1Jurusan Akuntansi Fakultas Ekonomi dan Bisnis Universitas Pendidikan Ganesha Jl. Udayana Singaraja, Bali, 81116.Indonesia Australia Language Fondation Jl. Raya Sesetan No.190 Denpasar, Bali.This research investigated the influence of informativeness of accounting on the relation of Corporate SocialResponsibility disclosure and the cost of equity capital of public companies listed in the Indonesian StockExchange in the period of 2008-2012. Purposive sampling method was used to determine samples and 154observations were obtained. Hypothesis testing was conducted using moderated regression analysis (MRA).This study found that the informativeness of accounting influenced the relation of Corporate Social Responsibilitydisclosure and the cost of equity capital. It weakened the positive impact of corporate social responsibilityon the cost of equity capital. The greater level of Corporate Social Responsibility disclosure accompanied by agood informativeness of accounting by companies, the lower the cost of equity capital was. Corporate SocialResponsibility disclosure with good informativeness accounting would give potential benefits like the growingnumber of investors, reducing estimated risks and asymmetry of information each of which indicated areduction in the cost of equity capital of firms.http://jurnal.unmer.ac.id/index.php/jkdp/article/view/774Corporate Social Responsibilty, cost of equity capital, informativeness of accounting |
| spellingShingle | Gede Adi Yuniarta Yuli Agustini DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL Jurnal Keuangan dan Perbankan Corporate Social Responsibilty, cost of equity capital, informativeness of accounting |
| title | DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL |
| title_full | DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL |
| title_fullStr | DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL |
| title_full_unstemmed | DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL |
| title_short | DAYA INFORMASI AKUNTANSI MEMODERASI PENGARUH POSITIF CORPORATE SOCIAL RESPONSIBILTY TERHADAP COST OF EQUITY CAPITAL |
| title_sort | daya informasi akuntansi memoderasi pengaruh positif corporate social responsibilty terhadap cost of equity capital |
| topic | Corporate Social Responsibilty, cost of equity capital, informativeness of accounting |
| url | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/774 |
| work_keys_str_mv | AT gedeadiyuniarta dayainformasiakuntansimemoderasipengaruhpositifcorporatesocialresponsibiltyterhadapcostofequitycapital AT yuliagustini dayainformasiakuntansimemoderasipengaruhpositifcorporatesocialresponsibiltyterhadapcostofequitycapital |