Net Income and CSR Disclosure as Predictors Shares Price and Return per Share

The purpose of this study was to determine the factors that influence shares price and return per share of 63 manufacturing companies period 2012-2016. The research method is multiple linear regression analysis, which done by the classical assumption test. The results of the research in the first mo...

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Main Authors: Wahyuni Rusliyana Sari, Anita Roosmalina Matusin
Format: Article
Language:English
Published: Universitas Negeri Semarang 2019-03-01
Series:Jurnal Dinamika Manajemen
Subjects:
Online Access:https://journal.unnes.ac.id/nju/index.php/jdm/article/view/18946
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author Wahyuni Rusliyana Sari
Anita Roosmalina Matusin
author_facet Wahyuni Rusliyana Sari
Anita Roosmalina Matusin
author_sort Wahyuni Rusliyana Sari
collection DOAJ
description The purpose of this study was to determine the factors that influence shares price and return per share of 63 manufacturing companies period 2012-2016. The research method is multiple linear regression analysis, which done by the classical assumption test. The results of the research in the first model show that there is a positive influence between book value per share, net income, CSR social, and CSR report on shares price. While in the second model using the enter method shows delta net income and delta CSR total had a positive effect on return per shares, and delta CSR environment has a negative effect on return per share, while those using stepwise method delta CSR social and delta CSR net income had a positive impact on return per share. The contribution of this study is to provide information to stakeholders that CSR environment does not have an important role in shares prices, prioritizing the interests of shareholders, which means that the CSR environmental measurement instruments focus on disclosure, and ignore fundamental aspects, namely environmental liabilities. The implication is that the regulator, investor, and profession needs to more pay attention to CSR environmental.
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publishDate 2019-03-01
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spelling doaj-art-49dbe7c5a866493bbfb0c64c6a66915a2025-08-20T01:56:29ZengUniversitas Negeri SemarangJurnal Dinamika Manajemen2086-06682337-54342019-03-01101819110.15294/jdm.v10i1.189469108Net Income and CSR Disclosure as Predictors Shares Price and Return per ShareWahyuni Rusliyana Sari0Anita Roosmalina Matusin1Fakultas Ekonomi dan Bisnis, Universitas TrisaktiFakultas Ekonomi dan Bisnis, Universitas TrisaktiThe purpose of this study was to determine the factors that influence shares price and return per share of 63 manufacturing companies period 2012-2016. The research method is multiple linear regression analysis, which done by the classical assumption test. The results of the research in the first model show that there is a positive influence between book value per share, net income, CSR social, and CSR report on shares price. While in the second model using the enter method shows delta net income and delta CSR total had a positive effect on return per shares, and delta CSR environment has a negative effect on return per share, while those using stepwise method delta CSR social and delta CSR net income had a positive impact on return per share. The contribution of this study is to provide information to stakeholders that CSR environment does not have an important role in shares prices, prioritizing the interests of shareholders, which means that the CSR environmental measurement instruments focus on disclosure, and ignore fundamental aspects, namely environmental liabilities. The implication is that the regulator, investor, and profession needs to more pay attention to CSR environmental.https://journal.unnes.ac.id/nju/index.php/jdm/article/view/18946book value per sharenet incomecsr environmentcsr socialcsr reportcsr totalshare pricesreturn per share.
spellingShingle Wahyuni Rusliyana Sari
Anita Roosmalina Matusin
Net Income and CSR Disclosure as Predictors Shares Price and Return per Share
Jurnal Dinamika Manajemen
book value per share
net income
csr environment
csr social
csr report
csr total
share prices
return per share.
title Net Income and CSR Disclosure as Predictors Shares Price and Return per Share
title_full Net Income and CSR Disclosure as Predictors Shares Price and Return per Share
title_fullStr Net Income and CSR Disclosure as Predictors Shares Price and Return per Share
title_full_unstemmed Net Income and CSR Disclosure as Predictors Shares Price and Return per Share
title_short Net Income and CSR Disclosure as Predictors Shares Price and Return per Share
title_sort net income and csr disclosure as predictors shares price and return per share
topic book value per share
net income
csr environment
csr social
csr report
csr total
share prices
return per share.
url https://journal.unnes.ac.id/nju/index.php/jdm/article/view/18946
work_keys_str_mv AT wahyunirusliyanasari netincomeandcsrdisclosureaspredictorssharespriceandreturnpershare
AT anitaroosmalinamatusin netincomeandcsrdisclosureaspredictorssharespriceandreturnpershare