董事会特征是否调节了综合报告披露与公司价值之间的关系？

Q3 Business, Management and Accounting

Contaduria y Administracion Pub Date : 2023-05-11 DOI:10.22201/fca.24488410e.2023.4604

Z. Machmuddah, Abdul Rohman, A. Juliarto, Sri Handayani

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引用次数: 0

摘要

本研究旨在从代理和信号理论的角度考察董事会特征在综合报告披露（IRD）与公司价值关系中的调节作用。该分析使用WarpPLS 7.0版，包含150个在印度尼西亚证券交易所上市的制造公司样本，并提供IRD。结果表明，IRD影响公司价值，同时，以董事会规模、董事会独立性和董事会性别多样性为代表的董事会特征增强了IRD对公司价值的影响。然而，董事会的活动并不能调节IRD和公司价值。这些发现暗示了董事会特征在加强IRD方面的作用的重要性，IRD可以作为一个信号，让公司减少信息不对称，从而影响投资者决策和降低代理成本，从而提高公司价值。这项研究促使公司认识到IRD在提高公司价值方面的重要性，并促使监管机构制定与印尼IRD相关的政策。

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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Do board characteristics moderate the relationship between integrated reporting disclosure and company value?

This study aims to examine the moderating role of board characteristics in the relationship between integrated reporting disclosure (IRD) and company value from the perspectives of agency and signaling theories. The analysis uses WarpPLS version 7.0 with 150 samples of manufacturing companies that are listed on the Indonesia Stock Exchange and provide IRD. Results indicate that IRD influences company value, meanwhile, board characteristics, which are proxied by board size, board independence, and board gender diversity, enhance the IRD influence on company value. However, board activity does not moderate IRD and company value. These findings imply the importance of the roles of board characteristics in strengthening IRD which can be used as a signal for companies to reduce information asymmetry by companies in influencing investor decision making and reducing agency costs, which, in turn, can increase company value. This research prompts companies about the importance of IRD in increasing company value and regulators regarding the development of policies related to IRD in Indonesia.

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来源期刊

Contaduria y Administracion Business, Management and Accounting-Business, Management and Accounting (all)

CiteScore

0.90

自引率

0.00%

发文量

审稿时长

14 weeks

期刊介绍： Contaduría y Administración (Accounting and Management)is a quarterly journal aimed to the academic community. Being peer-reviewed by double blind process,seeks to contribute to the advancement of scientific and technical knowledge in the financial and administrative disciplines. This journal publishes original theoretical or applied research (No case studies, descriptive and exploratory) in Spanish and English on the following subjects: • Organization Management • Production Management and Operations • Human Resources Management • Management of Information Technology • Accounting and Auditing • Management and Leadership • Business Economics • Entrepreneurship • Business Environment • Finance • Operations Research • Innovation and Technological Change in Organizations • Marketing • Micro, Small and Medium Enterprises • Planning and Business Strategies • Management Theory • Financial Theory • Business Decisions Contaduría y Administración (Accounting and Management) also receives research papers on related areas to the above mentioned.