Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Research Horizon
Shifa, Dzauqy
Unknown Affiliation
Arts Humanities Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
The Impact of CSR Environmental Disclosure and Institutional Ownership on Company Value Shifa, Dzauqy; Harto, Puji
Research Horizon Vol. 4 No. 4 (2024): Research Horizon - August 2024 (Thematic Issue)
Publisher : LifeSciFi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54518/rh.4.4.2024.307

Abstract

The implementation of CSR environmental disclosure and the degree of institutional ownership by companies influences the reduction of information asymmetry and increase firm value. The implementation of good CSR environmental disclosure by following regulations and with supervision carried out by existing institutional ownership can increase information transparency which can reduce information asymmetry which ultimately increases investor confidence in a company to increase firm value. This study investigates the relationships among CSR environmental disclosure, institutional ownership levels, firm value, and information asymmetry as a mediating factor. The research utilizes a dataset of 270 observations from companies listed in the LQ45 Index spanning from 2013 to 2022. According to the findings of the PLS analysis, CSR environmental disclosure exerts a direct negative impact on firm value and indirectly affects it through information asymmetry as a mediator. Similarly, institutional ownership does not have a direct negative impact on firm value, but it significantly diminishes firm value through its influence on information asymmetry as a mediating variable.
Co-Authors Puji Harto