PENGARUH LUAS PENGUNGKAPAN CSR TERHADAP EARNING RESPONSE COEFFICIENT PAAD INDUSTRI HIGH PROFILE YANG TERDAFTAR DI PASAR MODAL

• Main Author: RIZKY ERIANDANI, 090710074M
• Format: Theses and Dissertations NonPeerReviewed
• Language: Indonesian; Indonesian
• Published: 2009
• Subjects: HD28-70 Management. Industrial Management
• Online Access: http://repository.unair.ac.id/82488/1/ABSTRAK.pdf; http://repository.unair.ac.id/82488/2/KK%202%20KKB%20TEA%2013%2010%20ERI%20P.pdf; http://repository.unair.ac.id/82488/; http://lib.unair.ac.id
• Institution: Universitas Airlangga

The pwpose of the study is to examine of ~e information- of c'orporate social responsibili1y. diseloset in the companies' annual reports on eaming response coefficient. The study hypothesized that CSR disclosure strengthen the association between unexpected earning and abnorma1 return (ERe), since CSR disclosure provide more information to interpreting accounting earning. This study is based on a cross-sectional data. The technique for examining hypothesis is moderated regression analysis by using SPSS 14.0. The population is 343 companies, and the sample of the study consist of 109 annual report 2006 of the companies listed at the Indonesian Stock Exchange. and the company is the high profile industry. The empirical results of the study show that the level of CSR disclosures does not improve the association between unexpected earning and abnormal return. This finding raises the question of whether CSR information in annual report contain value-relevant about accounting earning or if investor are simply not capable of incorporating CSR infonnation in the firm value estimates.