Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies
The purpose of this study is to examine the effect of financial performance on stock returns with corporate social responsibility disclosure as a moderating variable in mining companies listed on the Indonesia Stock Exchange (IDX) 2014-2016 period. This study used multiple linear regression to exam...
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2020-09-01
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| Series: | Jurnal Akuntansi dan Auditing Indonesia |
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| Online Access: | https://journal.uii.ac.id/JAAI/article/view/13415 |
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| author | Dody Hapsoro Crescentiano Agung Wicaksono Theodora Anindita Primaretka |
| author_facet | Dody Hapsoro Crescentiano Agung Wicaksono Theodora Anindita Primaretka |
| author_sort | Dody Hapsoro |
| collection | DOAJ |
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The purpose of this study is to examine the effect of financial performance on stock returns with corporate social responsibility disclosure as a moderating variable in mining companies listed on the Indonesia Stock Exchange (IDX) 2014-2016 period. This study used multiple linear regression to examine the corporate social responsibility disclosure in moderating the effect of financial performance on stock returns. The measurement of financial performance uses financial ratios, namely return on equity. The test results showed that partial return on equity had a positive and significant effect on stock returns. Furthermore, corporate social responsibility disclosure strengthens the effect of return on equity on stock returns. The implication of this research is for potential investors who want to invest in stocks should consider more disclosure of corporate social responsibility, because disclosure of corporate social responsibility is proven to be able to strengthen the effect of return on equity on increasing stock returns.
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| format | Article |
| id | doaj-art-a1ccc1ce728641d686754ae4084e670d |
| institution | OA Journals |
| issn | 1410-2420 2528-6528 |
| language | English |
| publishDate | 2020-09-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Jurnal Akuntansi dan Auditing Indonesia |
| spelling | doaj-art-a1ccc1ce728641d686754ae4084e670d2025-08-20T01:49:46ZengUniversitas Islam IndonesiaJurnal Akuntansi dan Auditing Indonesia1410-24202528-65282020-09-0124110.20885/jaai.vol24.iss1.art19766Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companiesDody Hapsoro0Crescentiano Agung Wicaksono1Theodora Anindita Primaretka2STIE YKPN Yogyakarta, IndonesiaAkademi Akuntansi YKPN, Yogyakarta, IndonesiaSTIE YKPN Yogyakarta, Indonesia The purpose of this study is to examine the effect of financial performance on stock returns with corporate social responsibility disclosure as a moderating variable in mining companies listed on the Indonesia Stock Exchange (IDX) 2014-2016 period. This study used multiple linear regression to examine the corporate social responsibility disclosure in moderating the effect of financial performance on stock returns. The measurement of financial performance uses financial ratios, namely return on equity. The test results showed that partial return on equity had a positive and significant effect on stock returns. Furthermore, corporate social responsibility disclosure strengthens the effect of return on equity on stock returns. The implication of this research is for potential investors who want to invest in stocks should consider more disclosure of corporate social responsibility, because disclosure of corporate social responsibility is proven to be able to strengthen the effect of return on equity on increasing stock returns. https://journal.uii.ac.id/JAAI/article/view/13415Return on equitycorporate social responsibility disclosureand stock return |
| spellingShingle | Dody Hapsoro Crescentiano Agung Wicaksono Theodora Anindita Primaretka Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies Jurnal Akuntansi dan Auditing Indonesia Return on equity corporate social responsibility disclosure and stock return |
| title | Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies |
| title_full | Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies |
| title_fullStr | Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies |
| title_full_unstemmed | Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies |
| title_short | Does CSRD moderate the effect of financial performance on stock return? Evidence of Indonesian mining companies |
| title_sort | does csrd moderate the effect of financial performance on stock return evidence of indonesian mining companies |
| topic | Return on equity corporate social responsibility disclosure and stock return |
| url | https://journal.uii.ac.id/JAAI/article/view/13415 |
| work_keys_str_mv | AT dodyhapsoro doescsrdmoderatetheeffectoffinancialperformanceonstockreturnevidenceofindonesianminingcompanies AT crescentianoagungwicaksono doescsrdmoderatetheeffectoffinancialperformanceonstockreturnevidenceofindonesianminingcompanies AT theodoraaninditaprimaretka doescsrdmoderatetheeffectoffinancialperformanceonstockreturnevidenceofindonesianminingcompanies |