Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance
This study addresses a research gap by examining the impact of the voluntary adoption of integrated reporting on company value (TOBINSQ) for companies listed on the Indonesian Stock Exchange. A purposive sampling method was used to select the sample, which included companies with available ESG scor...
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Format: | Article |
Language: | Indonesian |
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Petra Christian University
2025-01-01
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Series: | Jurnal Akuntansi dan Keuangan |
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Online Access: | https://jurnalakuntansi.petra.ac.id/index.php/aku/article/view/29797 |
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author | Juniarti Juniarti Aurelia Cindy Santoso Cynthia Felita Hermawan Alan Darmasaputra James Wright |
author_facet | Juniarti Juniarti Aurelia Cindy Santoso Cynthia Felita Hermawan Alan Darmasaputra James Wright |
author_sort | Juniarti Juniarti |
collection | DOAJ |
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This study addresses a research gap by examining the impact of the voluntary adoption of integrated reporting on company value (TOBINSQ) for companies listed on the Indonesian Stock Exchange. A purposive sampling method was used to select the sample, which included companies with available ESG scores from 2018 to 2022 and accessible annual reports for the same period. The final sample consists of 83 companies, totalling 299 observations. Multiple regression analysis was employed to assess the direct effects of integrated reporting and the moderating role of ESG performance (ESGSCORE) on company value. Our findings reveal that integrated reporting positively influences company value and that ESG performance significantly moderates this relationship, enhancing the benefits of integrated reporting. The results underscore the importance for companies to adopt integrated reporting and enhance ESG performance to improve market valuation. The study also suggests that promoting integrated reporting and ESG disclosures can enhance market transparency and accountability. Future research should focus on longitudinal studies, sector-specific analyses, geographical variations, and the role of digital technologies in integrated reporting and ESG performance to provide deeper insights and practical recommendations.
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format | Article |
id | doaj-art-57da901724ad4df3930fb94b64ff8d09 |
institution | Kabale University |
issn | 1411-0288 2338-8137 |
language | Indonesian |
publishDate | 2025-01-01 |
publisher | Petra Christian University |
record_format | Article |
series | Jurnal Akuntansi dan Keuangan |
spelling | doaj-art-57da901724ad4df3930fb94b64ff8d092025-01-23T03:13:40ZindPetra Christian UniversityJurnal Akuntansi dan Keuangan1411-02882338-81372025-01-0126210.9744/jak.26.2.131-141Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG PerformanceJuniarti Juniarti0Aurelia Cindy Santoso1Cynthia Felita Hermawan2Alan Darmasaputra3James Wright4Petra Christian UniversityPetra Christian UniversityPetra Christian UniversityPetra Christian UniversityUniversity of Chichester This study addresses a research gap by examining the impact of the voluntary adoption of integrated reporting on company value (TOBINSQ) for companies listed on the Indonesian Stock Exchange. A purposive sampling method was used to select the sample, which included companies with available ESG scores from 2018 to 2022 and accessible annual reports for the same period. The final sample consists of 83 companies, totalling 299 observations. Multiple regression analysis was employed to assess the direct effects of integrated reporting and the moderating role of ESG performance (ESGSCORE) on company value. Our findings reveal that integrated reporting positively influences company value and that ESG performance significantly moderates this relationship, enhancing the benefits of integrated reporting. The results underscore the importance for companies to adopt integrated reporting and enhance ESG performance to improve market valuation. The study also suggests that promoting integrated reporting and ESG disclosures can enhance market transparency and accountability. Future research should focus on longitudinal studies, sector-specific analyses, geographical variations, and the role of digital technologies in integrated reporting and ESG performance to provide deeper insights and practical recommendations. https://jurnalakuntansi.petra.ac.id/index.php/aku/article/view/29797Integrated reportingvoluntary adoptionESG performancefirm valuation |
spellingShingle | Juniarti Juniarti Aurelia Cindy Santoso Cynthia Felita Hermawan Alan Darmasaputra James Wright Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance Jurnal Akuntansi dan Keuangan Integrated reporting voluntary adoption ESG performance firm valuation |
title | Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance |
title_full | Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance |
title_fullStr | Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance |
title_full_unstemmed | Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance |
title_short | Voluntary Adoption of Integrated Reporting and Firm Valuation: The Moderating Effect of ESG Performance |
title_sort | voluntary adoption of integrated reporting and firm valuation the moderating effect of esg performance |
topic | Integrated reporting voluntary adoption ESG performance firm valuation |
url | https://jurnalakuntansi.petra.ac.id/index.php/aku/article/view/29797 |
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