Corporate social responsibility, normative pressure and firm value: evidence from companies listed on indonesia stock exchange

Ghozali I., Faisal, Ifada L.M.

Abstract

This research aimed to analyze the effect of corporate social responsibility (CSR) on firm value and how the normative pressure moderates this relationship. The companies studied included 105 companies listed on the Indonesia Stock Exchange (IDX) in 2016–2018. Researchers determined these samples using purposive sampling. The results of the study showed that CSR has positive impact on firm value. Meanwhile, normative pressure significantly impacts the relationship between CSR and firm value. The implication of this research is the importance of companies paying attention to CSR in increasing firm value and the importance of pressure from independent board in strengthening the effect of CSR on firm value.

Journal
Advances in Intelligent Systems and Computing
Page Range
390-397
Publication date
2021
Total citations
Attitudes towards corporate social responsibility and perceived importance of social responsibility information characteristics in a decision context

Shiu G.Y., Teoh H.Y.

Institutional owners and corporate social performance

Graves S.B., Waddock S.A.

Corporate social responsibility and firm financial performance

McGuire J.B., Schneeweis T., Sundgren A.

Is doing good good for you? How corporate charitable contributions enhance revenue growth

Lev B., Petrovits C., Radhakrishnan S.

On the corporate social responsibility perceptions of equity analysts

Fieseler C.

Does corporate social responsibility (CSR) impact on firm performance? A literature evidence

Iwu-Egwuonwu D.R.C.

The corporate social performance-financial performance link

Graves S.B., Waddock S.A., Graves S.B., Waddock S.A.

Corporate social responsibility and corporate financial performance: Evidence from Korea

Choe C., Choi J.-S., Kwak Y.-M.

The active board of directors

Macavoy P.W., Millstein I.M.

Investigating the relationship between board characteristics and board information

Buchholtz A.K., Rutherford M.A.

Stakeholder engagement, Csr development and Sdgs compliance: A systematic review from 2015 to 2021

Gil-Lacruz A.I., Saz-Gil I., Lopez-Concepcion A.

Corporate Social Responsibility and Environmental Management

Conceptual Paper of Environmental Disclosure and Financial Performance: The Role of Environmental Performance

Ifada L.M., Amilahaq F., Najihah N., Khatamy A.A.

Lecture Notes on Data Engineering and Communications Technologies

The role of board composition and board attendance in enhancing esg performance

Suhendi C., Ifada L.M., Ihbal A., Winarsih W.

Studies in Systems Decision and Control

Access to Document