COMPANY VALUE IN JAKARTA ISLAMIC INDEX THROUGHT PROFITABILITY, ENVIRONMENTAL PERFORMANCE AND ISLAMIC CORPORATE SOCIAL RESPONSIBILITY

Authors

  • Nur Anisa Febrianti STIEM Bongaya
  • Rahman Pura STIEM Bongaya
  • Asbi Amin STIEM Bongaya

Abstract

This research aims to examine the influence of profitability, environmental performance and Islamic corporate social responsibility on the company value of the Jakarta Islamic Index. The population in this research are companies listed on the Jakarta Islamic Index (JII) 30 in the vulnerable years 2021-2022, totaling 30 companies. The sample collection technique used was purposive sampling. So the total sample for this research is 48 financial report data and sustainability reports from 24 companies who are listed in the Jakarta Islamic Index (JII) 30 in the vulnerable years 2021-2022. The data uses time series analysis and is analyzed through multiple linear regression analysis. The research results show that profitability has a significant effect on company value; environmental performance has no significant effect on company value and Islamic Corporate Social Responsibility has no significant effect on company value.

References

Aida Meiyana and Ak. Mimin Nur Aisyah, MS (2019). The Influence of Environmental Performance, Environmental Costs, and Company Size on Financial Performance with Corporate Social Responsibility as an Intervening Variable (Empirical Study of Manufacturing Companies Listed on the Indonesian Stock Exchange in 2014, Nominal Journal, VIII.1, 1–18.

Hafidz, SA, & Deviyanti, DR (2022). Volumes . 19 Issue 2 (2022) Pages 366-374ACCOUNTABLE: Journal of Accounting and Finance ISSN: 0216-7743 (Print) 2528-1135 (Online) The effect of environmental performance on company value with CSR disclosure as an intervening variable The effect of e. 2(2), 366–374. https://doi.org/10.29264/jakt.v19i2.11123

Hapsoro, Dody, and RIA (2018). "Does Environmental Information Disclosure Moderate the Effect of Environmental Performance and Environmental Costs on Firm Value?" Journal of Accounting and Finance Research, 8.1, 41–52.

Hiyun Puspita Sari, SW, Layli, M., Marsuking, M., Wibisono, D., Wibowo, A., Maula, DI, Harahap, RS, Firmansyah, F., & Hasbi, MZN (2023). The Influence of Profitability, Liquidity, Leverage, Dividend Policy and Company Size on company value in companies listed on the Jakarta Islamic Index (JII) for the 2019-2021 period. JESI (Indonesian Sharia Economic Journal), 12(2), 123. https://doi .org/10.21927/10.21927/jesi.2022.12(2).142-149

Husnan, S and E. Pudjiastuti. (2015). Basics of Financial Management. Seventh Edition. YKPN, Yogyakarta.

Munawaroh, A. (2014). The Effect of Profitability on Company Value with Corporate Social Responsibility as a Moderating Variable. Indonesian College of Science and Economics (STIESIA) Surabaya. Journal of Accounting Science & Research, Vol. 3 No.

Nurwani, N. (2019). The Influence of Profitability and Company Size on Company Value in Companies Listed on the Jakarta Islamic Index (JII). Journal of Accounting and Business Research, 19(2), 221–228. https://doi.org/10.30596/jrab.v19i2.4769

Sulfati, A. (2022). The Influence of Islamic Corporate Social Responsibility on Company Value: Empirical Study on the Jakarta Islamic Index -70. Insan Cita Bongaya Research Journal, 1(3), 249–266.

Utami, R., & Yusniar, MW (2020). Disclosure of Islamic Corporate Social Responsibility (ICSR) and Good Corporate Governance (GCG) on Company Value with Financial Performance as an Intervening Variable). EL Muhasaba Accounting Journal, 11(2), 162–176. https://doi.org/10.18860/em.v11i2.8922

Wiagustini, N.L. (2014). Basics of Financial Management. Udayana University Press.

Downloads

Published

2024-02-20

Issue

Vol. 9 No. 1 (2024)

Section

Artikel

License

Copyright (c) 2024 Jurnal Penelitian Ekonomi Dan Akuntansi

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.