Sustainability Report Disclosure Activities at Company Value

Abstract

This study examines corporate social responsibility activities listed on the IDX, both economic, social and environmental activities and corporate governance. In addition, this study aims to investigate the effect of social responsibility and governance activities on firm value. The research hypothesis is that economic, social, and social responsibility activities and corporate governance positively affect firm value. The sample of this research is 174 companies using the purposive sampling method, with the provisions of companies that compile sustainability reports during the year of observation, namely 2015 to 2020. The research data is from sustainability reports. The Multiple Linear Regression test is used to analyze the data. The results prove economic activity, society, and the environment positively and significantly affect firm value. In addition, corporate governance has a positive and significant effect on firm value. Future studies should test by differentiating the industrial sector from CSR and GCG activities to test the consistency of the research results.