Shafa Fadia Zainavy
Universitas Muhammadiyah Purwokerto

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The Contribution of Environmental, Social, and Governance (ESG) Disclosure to Reduce Investor Asymmetry Information Nurunnisa Ayung Prinika Sugianto; Carissa Nariswari Riandy; Shafa Fadia Zainavy; Annisa Ilma Hartikasari
Proceedings Series on Social Sciences & Humanities Vol. 7 (2022): Proceedings of the 3rd International Conference of Business, Accounting & Economics (
Publisher : UM Purwokerto Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30595/pssh.v7i.472

Abstract

The aim of this study is to determine whether environmental, social, and governance (ESG) disclosures have an effect on reducing information asymmetry between managers and stock market participants. This study tries to provide a comprehensive analysis of the company's ESG disclosure strategy. The data used in this study were collected from companies listed on the ESG Sector Leaders BEI KEHATI (ESGSKEHATI) and ESG Quality 45 IDX KEHATI (ESGQKEHATI). The findings show that ESG disclosure reduces stock market asymmetry. From these results, ESG disclosure strengthens the informativeness of environmental disclosures for the stock market. Stakeholders must assess and maintain an increased flow of information, a more efficient disclosure strategy becomes essential if companies are to convey a true picture of their ESG performance. The concept of company development in increasing ESG can be done through maintaining the surrounding environment, sustainable development, and establishing governance. The role of the company is also important, for example by maintaining good relations with employees, suppliers, consumers, shareholders, and various organizations or individuals who interact with the company.
The Role of The Gender of Directors, Proportion of Independent Board of Commissioners, and Public Ownership on Corporate Social Responsibility Disclosure of Banks In Indonesia Nadania Yuniar; Shafa Fadia Zainavy; Tiara Meilan Putri; Ainunnisa Al Rumra
Journal of Economics, Social, and Humanities Vol. 1 No. 1 (2023): JESH: Journal of Social, Economics, and Humanities
Publisher : Universitas Muhammadiyah Purwokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30595/jesh.v1i1.75

Abstract

This purpose of this study was to determine the effect of Gender of Directors, Proportion of Independent Commissioners, and Public Ownership on the Disclosure of Corporate Social Responsibility. The population used in this study are banking companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2020 period. The sampling technique used was purposive sampling and 119 samples were obtained that met the criteria. The analytical method used is multiple regression. The results of this study showed that the Gender of Directors has a positive effect on CSR, while the Proportion of Independent Commissioners and Public Ownership has no effect on CSR disclosure.