Pengaruh CSR Disclosure, Kesempatan Bertumbuh Dan Risiko Kegagalan Perusahaan Terhadap Earnings Response Coefficient

Abstract

The aims of this research are to know the influence of CSR disclosure, growth opportunities and default risk to earnings response coefficient in the manufacturing company of pharmaceutical sub sector listed on the Indonesia Stock Exchange period 2010-2015. This research belongs to quantitative research. Sample collection technique used purposive sampling. Using purposive sampling technique, 6 companies is used as research sample. The analysis method of this research used multiple linear regression analysis. The results showed that: (1) CSR disclosure has positive and significant influence to earnings response coefficient (sig t 0.0002 < 0.05), (2) Growth opportunities has positive and significant influence to earnings response coefficient (sig t 0.0169 < 0.05), (3) Default risk has negative and significant influence to earnings response coefficient (sig t 0.0045 < 0.05). Simultaneously, CSR disclosure, growth opportunities, and default risk has significant influence to earnings response coefficient (sig f 0.000000 < 0.05).

The Effect Of Corporate Social Responsibility (CSR), Growth Opportunity, And Company Characteristics On Earning Response Coefficient (Case Study On The Conventional Banking Sector Listed On The Indonesia Stock Exchange-IDX 2018-2022)

“…Based on the results of research conducted by Sayekti (2015) and Aprilia & Rahayu (2023) which reveals that CSR has a positive effect on the earnings response coefficient. The indicators of growth opportunities that affect the earning response coefficient positively (Awawdeh et al, 2020;Indriaty & Tania, 2018). Then the managerial ability of the company in the characteristics of the company has a positive effect on earning response coefficient (Kim et al, 2023;Nasser, 2008).…”

“…Corporate social responsibility (CSR) is a manifestation of the company's awareness to not only prioritize the interests of shareholders in the implementation of its business activities, but also the interests of parties. Research conducted by (Indriaty & Tania, 2018) states that investors tend to consider the long-term social and environmental responsibility of companies because they believe that achieving a stable return on investment over time is better than taking high risks for potentially inconsistent large returns in the future. This statement is in line with research conducted by (Istianingsih et al, 2020;Wijayanti et al, 2020) states that corporate social responsibility has a positive effect on earning response coeeficient, this is because the sustainability report is one of the information references used by investors to assess an investment.…”

The Effect of Leverage, Systematic Risk, Firm Size, Growth Opportunity and Roa on Earning Response Coefficient in Pharmaceutical Companies on the Indonesia Stock Exchange

“…Earnings response coefficient is a coefficient that can be used to measure investor response to accounting earnings issued by the company. The low earnings response coefficient indicates that earnings are less informative for investors to make economic decisions (Fitri, 2013).…”

Meta Analisis: Pengaruh Persistensi Laba, Ukuran Perusahaan, Dan Leverage Terhadap Earning Responses Coefficient

“…Informasi tentang laba adalah bagian dari laporan laba rugi yang paling penting. Ketika membuat keputusan, pengguna laporan akan memperhatikan keuntungan ini (Fitri, 2013). Angka laba perusahaan yang dicantumkan dalam laporan keuangan usaha dan memberikan nilai bagi pemegang saham merupakan salah satu informasi penting yang dibutuhkan investor untuk berinvestasi (Peralta-argomeda et al, 2016) menyatakan, "Keuntungan yang tinggi lebih disukai oleh investor karena korelasinya yang erat dengan profitabilitas perusahaan."…”