Environmental Performance Announcement and Shareholder Value: The Role of Environmental Disclosure
Fuad K., Munawaroh, Muhimatul Ifada L., Kartika I.
Abstract
This study aims to analyze the effect of environmental performance announcements on shareholder value and how environmental disclosures mediate this relationship. The companies studied included 81 companies listed on the Indonesia Stock Exchange (IDX) in 2017–2019. Researchers determine the sample using purposive sampling, with the criteria 1) manufacturing companies that issue financial reports. 2) manufacturing companies that follow PROPER. 3) manufacturing companies that publish environmental disclosures in Sustainability Reporting. The results showed that the first hypothesis, namely the announcement of environmental performance has a positive effect on environmental disclosure, is accepted. Furthermore, the second hypothesis is that environmental performance announcements have no effect on shareholder value, and the third hypothesis is that environmental disclosure has a positive effect on shareholder value.
Business sustainability performance and cost of equity capital
Ng A.C., Rezaee Z.
No Title
Schlenker W., Scorse J.
No Title
The relevance of environmental disclosures: Are such disclosures incrementally informative?
Clarkson P.M., Clarkson P.M., Fang X., Li Y., Richardson G.
The Economic Relevance of Environmental Disclosure and its Impact on Corporate Legitimacy: An Empirical Investigation
Cormier D., Magnan M.
Stakeholder welfare and firm value
Jiao Y., Jiao Y.
The Economic Value of Corporate Eco-Efficiency
Bauer R., Derwall J., Derwall J., Guenster N., Koedijk K.
No Title
Greenhouse gas emissions
Clarkson J., Clarkson J.
The business case for corporate social responsibility: A company-level measurement approach for CSR
Weber M.
Ifada L.M., Saleh N.M.
Management of Environmental Quality an International Journal
Jaffar R., Ifada L.M.
Sustainability Switzerland
Ifada L.M., Amilahaq F., Najihah N., Khatamy A.A.
Lecture Notes on Data Engineering and Communications Technologies
