PENGARUH PENGUNGKAPAN ISLAMIC SOCIAL REPORTING (ISR) TERHADAP NILAI PERUSAHAAN DENGAN KINERJA KEUANGAN SEBAGAI VARIABEL MODERATING

Iwan Setiawan, Fifi Swandari, Dian Masita Dewi

Abstract


This study aims to examine the influence of Islamic Social Reporting (ISR) disclosure on corporate value and the influence of financial performance in moderating the disclosure of Islamic Social Reporting (ISR) on corporate value through media annual report. This research is expected to increase the repertoire of science in the field of financial management, especially about the influence of Islamic social responsibility disclosure to corporate value and financial performance in moderating the influence of Islamic Social Reporting (ISR) on corporate value.

This study was conducted on the annual report of 25 sharia issuers incorporated in the Jakarta Islamic Index (JII) during the period 2013-2016. Hypothesis testing used regression techniques with moderating variable.

            The results of this study indicate that Islamic Social Reporting (ISR) affect the corporate value. Listed Sharia issuers in the Jakarta Islamic Index (JII) are able to provide information on corporate social responsibility disclosure in annual report to increase stakeholders' trust in the sharia system applied in the company in order to increase the corporate value in the eyes of stakeholders, although none of the companies disclose information completely. Financial performance may not be able to moderate the influence of Islamic Social Reporting (ISR) on corporate value. It is alleged that Islamic Social Reporting (ISR) is able to moderate the influence of financial performance on the corporate value.


Keywords


Islamic Social Reporting (ISR), Company Value, Financial performance.

Full Text:

PDF

References


Alma, Buchari dan Donni Juni Priansa. 2014. Manajemen Bisnis Syariah: Menanamkan Nilai dan Praktik Syariah dalam Bisnis Kontemporer. Bandung. Alfabeta.

Badroen, Faisal. 2007. Etika Bisnis dalam Islam. Jakarta. Kencana.

Bowman, E. dan M. Haire. 1975. A Strategic Posture toward Corporate Social Responsibility, California Management Review.

Fitria, Soraya dan Dwi Hartanti. 2010. “Islam dan Tanggung Jawab Sosial: StudiPerbandingan Pengungkapan Berdasarkan Global Reporting Iniviative Indeks dan Islamic Social Reporting Indeks”. Simposium Nasional Akuntansi XIII Purwokerto.

Hadi, Nor. 2011. Corporate Social Responsibility. Yogyakarta.

Hanafi, Mamduh M. 2015. Manajemen Keuangan. Yogyakarta. BPFE.

Handriyani, Arik Novia. 2013. Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan dengan Profitabiltas sebagai Variabel Moderating. Jurnal Ilmu dan Riset Akuntansi Volume 2 Nomor 5.

Haniffa, Ros. 2002. Social Reporting Disclosure: an Islamic Perspective. Indonesian Management and Accounting Research. Volume 1 No. 2.

Hery. 2014.Analisis Laporan Keuangan. Jakarta. Bumi Aksara.

Jogiyanto. 2010. Metodologi Penelitian Bisnis (Salah Kaprah dan Pengalaman-pengalaman). Yogyakarta. BPFE.

Peraturan Menteri BUMN No Per- 4 /MBU/ 2007

tentang Penyampaian Ikhtisar Laporan Keuangan Perusahaan Negara pada Laporan Keuangan Pemerintah Pusat.

Putri, Ayu Oktyas, 2015, Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Pengungkapan Corporate Social Responsibility (CSR) Sebagai Variabel Pemoderasi. Jurnal Ilmu dan Riset Manajemen Volume 4 Nomor 4.

Putri, Hanni Chyntia Maita dan Surya Raharja, 2013, Pengaruh Corporate Social Responsibility (CSR) Terhadap Nilai Perusahaan Dengan Kepemilikan Manajerial sebagai Variabel Moderating. Diponegoro Journal of Accounting Volume 2 Nomor 3.

Othman, Rohana and Azlan Md Thani. 2010. “Islamic Social Reporting of Listed Companies in Malaysia”. International Business & Ekonomics Research Jurnal.

Suliyanto, 2011. Ekonometrika Terapan: Teori dan Aplikasi dengan SPSS. Yogyakarta. ANDI.

Stacia, Evelyn dan Juniarti, 2015, Pengaruh Pengungkapan Corporate Social Responsibility (CSR) Terhadap Perusahaan Di Sektor Pertambangan. Business Accounting Review Volume 3 Nomor 2.

Tandelilin, Eduardus. 2010. Portofolio dan Investasi Teori dan Aplikasi. Yogyakarta. Kanisius.

Undang-Undang Nomor 40 Tahun 2007 Tentang Perseroan Terbatas.

Wibowo et. al., .2016, pengaruh Corporate Social Responsibility (CSR)disclosure dan Good Corporate Governance (GCG) terhadap nilai perusahaaan dengan kinerja keuangan sebagai variabel intervening di perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2012-2014. Prosiding Seminar Nasional Multi Disiplin Ilmu dan Call For Papers Unisbank Semarang.


Refbacks

  • There are currently no refbacks.


Creative Commons License
Jurnal Wawasan Manajemen by Magister Manajemen Fakultas Ekonomi dan Bisnis Universitas Lambung Mangkurat is licensed under a Creative Commons Attribution 4.0 International LicenseBased on a work at jwm.ulm.ac.id.