Integrating Corporate Social Responsibility Disclosure and Environmental Performance for Firm Value: An Indonesia Study

Chariri A., Indriastuti M.

Abstract

The firm value is the basis for achieving short, medium, and long-term goals. It empowers the company to compete so that it maximizes its value. This study aims to investigate which variables can increase the firm value. The samples were 165 annual reports of manufacturing companies in 2015–2019. It is analyzed using a structural equation model. The research results proved that corporate social responsibility disclosure affects financial performance. On the other hand, environmental performance did not affect financial performance. The variables of corporate social responsibility disclosure and environmental performance affected firm value. Meanwhile, financial performance did not affect firm value. It means that firm value can only be influenced by the corporate social responsibility disclosure and environmental performance so that it can influence investors’ perceptions of manufacturing companies.

Journal
Lecture Notes in Networks and Systems
Page Range
435-445
Publication date
2021
Total citations
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2024 International Conference on Decision Aid Sciences and Applications Dasa 2024

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