PENGARUH CORPORATE SOCIAL RESPONISBILITY, ENTERPRISE RISK MANAGEMENT DAN KARAKTERISTIK DEWAN DIREKSI TERHADAP RELEVANSI NILAI

Carla Josephine, Hasnawati Zainal
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Abstract

This study aims to determine the effect of corporate social responsibility, enterprise risk management, and the characteristics of the board of directors on value relevance. The characteristics of the board of directors are broken down into two more variables, namely the proportion of female directors and the education level of the CEO. The value relevance proxy are measured by combining the ratio of price book value and earnings per share. The sample was selected using a purposive sampling method, which resulted in 40 companies in the consumer goods industry included in the Indonesia Stock Exchange for the period 2017-2020. This study uses multiple linear regression analysis which is processed using SPSS 23. The results of the analysis show that the corporate social responsibility variable, the proportion of female director and the CEO's education level have a positive influence on value relevance while the enterprise risk management variable has no effect on value relevance.
本研究旨在确定企业社会责任、企业风险管理和董事会特征对价值相关性的影响。董事会的特征被分解成两个变量,即女性董事的比例和CEO的受教育程度。价值相关性代理是通过结合价格、账面价值和每股收益的比率来衡量的。使用有目的的抽样方法选择样本,导致消费品行业的40家公司在2017-2020年期间被纳入印度尼西亚证券交易所。本研究采用多元线性回归分析,使用SPSS 23进行处理。分析结果表明,企业社会责任变量、女性董事比例和CEO受教育程度对价值相关性有正向影响,而企业风险管理变量对价值相关性没有影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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