Pancawati, Hardiningsih and Indira, Januarti and Ceacilia, Sri Mindarti and Udin, Udin THE EFFECT OF SUSTAINABILITY INFORMATION DISCLOSURE ON FINANCIAL AND MARKET PERFORMANCE: EMPIRICAL EVIDENCE FROM INDONESIA AND MALAYSIA. International Journal of Energy Economics and Policy.
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Abstract
This study aims to analyze the effect of sustainability information disclosure on financial and market performance. Using purposive sampling, this study obtains 21 mining sector companies in Indonesia and 18 companies in Malaysia. Regression analysis with WarpPLS is used to test the proposed hypotheses. The results show that environmental and social disclosure has a significant effect on return on assets, return on equity, price-earnings ratio, and Tobin’Q in Indonesia and Malaysia. Overall, there is no significant difference in financial and market performance between Indonesia and Malaysia. Good sustainability information disclosure further improves financial performance and trust among stakeholders and regulators in decision making, which in turn, increases corporate value.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
| Faculty / Institution: | Fakultas Ekonomika dan Bisnis > Program Studi Akuntansi |
| Depositing User: | Jati Sasongko Wibowo |
| Date Deposited: | 23 Mar 2020 21:33 |
| Last Modified: | 23 Mar 2020 21:33 |
| URI: | https://eprints.unisbank.ac.id/id/eprint/6402 |
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