Sustainability Report: The Role towards Stock Return of Banking Sector
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 02
Abstract
The purpose of this study is to gather empirical evidence on the effect of sustainability report disclosure on stock returns in banking sector companies listed in the category of BUKU 3 and BUKU 4 on the IDX for the 2019–2020 period. In this study, 23 banks were sampled, including local and foreign banks listed in the category of BUKU 3 and BUKU 4. The quantitative research method was used, with a pre-test and post-test hypothesis testing approach using the SPSS 26 program. The findings show a significant difference in stock returns before and after the bank discloses the sustainability report in accordance with Financial Services Authority Regulation (POJK) Number 51 of 2017.
Authors and Affiliations
Susilawat
Keywords
Related Articles
- EP ID EP706922
- DOI 10.47191/jefms/v5-i2-20
- Views 123
- Downloads 0
Determinants of Competitive Advantage of A and Excelled Accreditation Study Programs at Private Universities: A Concept Analysis with Mediation of Performance
The purpose of this study is to examine the link between the determinants of competitive advantage and competitive advantage itself at private institutions by mediating the performance of A and Excelled accredited study...
The Importance of Marketing Research Practices on the Performance of Tanzanian Manufacturing SMEs.
Despite increased competition across the globe, Small and Medium Enterprises (SMEs) are generally said to be behindhand in the execution of formal marketing research. This study, investigated the importance of marketing...
The Effect of Auditor Independence and Ethics on Audit Quality with Audit Fee as a Moderating Variable in Public Accounting Firms in Medan
This study discusses the effect of auditor independence and ethics on audit quality with audit fees as a moderating variable. This analysis used two independent variables: independence and auditor ethics. Audit quality w...
Growth Opportunities and Default Risk among Nonfinancial Firm Listed in Kenya
This paper analyses the impact of growth opportunities on default risk of nonfinancial listed firms in Kenya. The study employ panel data analysis to study the 31 nonfinancial listed firms between 2011 and 2020. Default...
Impact of Excise Tax on Reducing Tobacco Consumption – The Case of Vietnam
With rising tobacco consumption around the world, particularly in Vietnam. The essay examined and evaluated the excise duty on cigarettes in Vietnam. Moreover, the author developed a research model based on elements infl...