CSR, intellectual capital and corporate value for Indonesian SOEs

Mutamimah M., Sueztianingrum R.Y.

Abstract

Companies implement CSR to increase corporate value. However, corporate value for Indonesian SOEs that implement CSR fluctuated and the results of previous research between CSR on corporate value show inconsistent results. Intellectual capital is expected to strengthen CSR to increase corporate value. This study aims to analyse intellectual capital in moderating CSR on corporate value in Indonesian SOEs. The population in this study used 115 Indonesian SOEs. The sampling method used purposive sampling and the type of data is panel data. Statistical analysis used descriptive analysis and multiple regression analysis. The results showed that CSR_ECO, CSR_ENV and CSR_SOC were no effect on corporate value. Intellectual capital is not able to moderate the effect of CSR_ECO on corporate value. Intellectual capital is only able to strengthen the influence of CSR_ENV on corporate value, but intellectual capital weakens the effect of CSR_SOC on corporate value.

Journal
International Journal of Learning and Intellectual Capital
Page Range
548-561
Publication date
2022
Total citations
Local religious norms, corporate social responsibility, and firm value

Chen Y., O'Sullivan D., Zolotoy L.

Do SOEs outperform private enterprises in CSR? Evidence from China

Zhang Y., Zheng H.

The role of CSR on shareholders wealth through intellectual capital

Sueztianingrum R.Y., Sumiati S.

Impact of corporate social responsibility dimensions on firm value: some evidence from Hong Kong and China

Lam J.Y., Sethuraman K., Singh P.J.

Empirical study towards corporate social responsibility practices and company financial performance. Evidence for companies listed on the Bucharest stock exchange

Dumitrescu D., Simionescu L.N.

Corporate social responsibility, product market competition, and firm value

Sheikh S.

Intellectual capital, growth opportunities, and financial performance in European firms: Dynamic panel data analysis

Sardo F., Serrasqueiro Z.

Disclosure of CSR performance and firm value: New evidence from South Africa on the basis of the GRI guidelines for sustainability disclosure

Boahene K.O., Boahene K.O., Sampong F., Song N., Wadie K.A.

No Title

The effect of social ties between outside and inside directors on the association between corporate social responsibility and firm value

Lee H.-Y., Park H.-Y., Park J.H.

Access to Document