THE EFFECT OF SUSTAINABILITY REPORT DISCLOSURE ON COMPANY VALUE WITH FINANCIAL PERFORMANCE AS A MODERATION VARIABLE

Title: THE EFFECT OF SUSTAINABILITY REPORT DISCLOSURE ON COMPANY VALUE WITH FINANCIAL PERFORMANCE AS A MODERATION VARIABLE

Author: DIAN ANGGRAENI SAFITRI

Affiliations : Masters Program in Accounting, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia

Publisher: Universitas Airlangga

Abstract

This research focuses on finding out the effect of sustainability report disclosure on company value, as well as knowing the effect of financial performance as a moderating variable. The research objects used were companies that published sustainability reports that joined the BEI in 2014-2016. The sampling technique used the purposive sampling method. The dependent variable uses Tobin's Q, sustainability report disclosure as the independent variable, and financial performance as a moderating variable with ROE & DER proxies. Researchers used descriptive statistics, classical assumption tests, and to test moderating variables using multiple linear regression analysis (MRA). The results of this research show that disclosure of sustainability reports does not have an influence on company value. The second finding shows that financial performance as a moderating variable in the ROE proxy can significantly influence sustainability report disclosure and company value. In the third finding, the DER moderating variable shows the same results, namely it has a significant effect, which means that financial performance as a DER proxy can moderate the influence between sustainability report disclosure and company value.

Keywords: Sustainability Report, Company Value, Performance

Sources: http://repository.unair.ac.id/86236/