Open AccessSUSTAINABLE DEVELOPMENT GOALS DISCLOSURES AND COMPANY VALUES
Author(s) -
Elin Erlina Sasanti,
Susi Retna Cahyaningtyas,
R. Sapto Hendri Boedi Soesatyo
Publication year - 2020
Publication title -
jurnal riset akuntansi aksioma
Language(s) - English
Resource type - Journals
eISSN - 2654-8488
pISSN - 1858-0785
DOI - 10.29303/aksioma.v19i1.85
Subject(s) - sustainable development , accounting , business , corporate governance , sustainability reporting , value (mathematics) , sustainability , sustainable value , listed company , corporate social responsibility , public relations , finance , political science , ecology , machine learning , computer science , law , biology
The existence of a global governance agenda requires companies all over the world to get involved in implementing Sustainable Development Goals (SDGs). However, previous study showed that corporate involvement in the achievement of SDGs is overall still limited and question on the company motives to disclose SDGs remains unclear. Therefore, the objective of this study is to analyze the association between SDGs disclosures and company values. This study also aimed to analyze the moderating effect of type of industry on the association between SDGs disclosures and company values. Study was conducted on companies listed in IDX, which disclosed SDGs in their Sustainability Reports. The results of this study suggest SDGs disclosures is associated to company value, which confirmed the signaling motives in the involvement of corporate SDGs. The results also showed that different types of industry could weaken the relationship between SDGs disclosure and company values, when associated with high-profile industry companies.