Pengaruh Pengungkapan Corporate Social Responsibility (CSR) Terhadap Nilai Perusahaan

Abstract

The purpose of this research is to analyze the impact of CSR reporting and every single indicator in the CSR (based on GRI indicator) on firm value (used ToHiミ’s Qぶ aミd ┘hich indicators are the most important concern for firm. Method that used in this research is quantitative method with panel data regression analysis. The research was conducted for mining sector and basic chemical industry sector in Indonesia Stock Exchange 2009-2013. The result of this study found that 6 indicators from CSR economy, environment, employee, HAM, sociality, and product responsibility not have an effect to firm value so it is with CSR reporting. This result showed that corporate social responsibility disclosure froマ firマ doesミ’t affect the firマ ┗alue iミ stockholder perceptioミ. The liマitatioミs of this research is firマ didミ’t puHlish aミミual report oミ 2009, less iミterest froマ firs to do CSR disclosure activity, and only used 2 sector industry for sample.This eマpirical results iミdicate that the stockholders didミ’t put マuch coミcerミ iミto CSRD activity because it is something that firm basiclly to do. Suggest for firm that recoママeミded to iミcrease CSRD acti┗ity as firマ’s coミcerミ to eミ┗iroミマeミt not only follow the rules and for next similiar research should use more sample data.