VALUE RELEVANCE OF CORPORATE SOCIAL RESPONSIBILITY REPORTING: EMPIRICAL STUDY…
This study aims to investigate the association between share price and CorporateSocial Responsibility (CSR) disclosure of Indonesian environmentally sensitive companies for the year 2013-2016the data consist of 60 firm-year observations. The data is gathered from CSR indicators suggested by IFAC (2012). Data derived from stand-alone sustainability report published by the company. Using Ohlson (1995) valuation model, the results suggests a positive association between share price and CSR discl…
