Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia

The purpose of this research is to determine if financial fraud can lessen the direct impact of Corporate Social Responsibility (CSR) on firm value. Proxies of the CSR are fourth-generation of the Initiative Global Reporting, religiosity, Philanthropy, Voluntary Environmental Disclosure Index, and I...

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Autores principales: Tarjo, Tarjo, Anggono, Alexander, Yuliana, Rita, Prasetyono, Prasetyono, Syarif, Muh, Alkirom Wildan, Muhammad, Syam Kusufi, Muhammad
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2022
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9718973/
https://www.ncbi.nlm.nih.gov/pubmed/36471844
http://dx.doi.org/10.1016/j.heliyon.2022.e11907
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author Tarjo, Tarjo
Anggono, Alexander
Yuliana, Rita
Prasetyono, Prasetyono
Syarif, Muh
Alkirom Wildan, Muhammad
Syam Kusufi, Muhammad
author_facet Tarjo, Tarjo
Anggono, Alexander
Yuliana, Rita
Prasetyono, Prasetyono
Syarif, Muh
Alkirom Wildan, Muhammad
Syam Kusufi, Muhammad
author_sort Tarjo, Tarjo
collection PubMed
description The purpose of this research is to determine if financial fraud can lessen the direct impact of Corporate Social Responsibility (CSR) on firm value. Proxies of the CSR are fourth-generation of the Initiative Global Reporting, religiosity, Philanthropy, Voluntary Environmental Disclosure Index, and ISO 26000. The company's value proxy is Price Book Value and Profit Margin. At the same time, the proxy of financial fraud is the F-Score model. This researcher researches mining companies engaged in Indonesia and Malaysia's oil and gas sectors. This study uses a fixed effect model based on the Hausman diagnostic test statistics. This research reveals evidence that financial fraud can reduce the impact of CSR on a firm's value.
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spelling pubmed-97189732022-12-04 Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia Tarjo, Tarjo Anggono, Alexander Yuliana, Rita Prasetyono, Prasetyono Syarif, Muh Alkirom Wildan, Muhammad Syam Kusufi, Muhammad Heliyon Research Article The purpose of this research is to determine if financial fraud can lessen the direct impact of Corporate Social Responsibility (CSR) on firm value. Proxies of the CSR are fourth-generation of the Initiative Global Reporting, religiosity, Philanthropy, Voluntary Environmental Disclosure Index, and ISO 26000. The company's value proxy is Price Book Value and Profit Margin. At the same time, the proxy of financial fraud is the F-Score model. This researcher researches mining companies engaged in Indonesia and Malaysia's oil and gas sectors. This study uses a fixed effect model based on the Hausman diagnostic test statistics. This research reveals evidence that financial fraud can reduce the impact of CSR on a firm's value. Elsevier 2022-11-25 /pmc/articles/PMC9718973/ /pubmed/36471844 http://dx.doi.org/10.1016/j.heliyon.2022.e11907 Text en © 2022 The Author(s) https://creativecommons.org/licenses/by/4.0/This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Research Article
Tarjo, Tarjo
Anggono, Alexander
Yuliana, Rita
Prasetyono, Prasetyono
Syarif, Muh
Alkirom Wildan, Muhammad
Syam Kusufi, Muhammad
Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
title Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
title_full Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
title_fullStr Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
title_full_unstemmed Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
title_short Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
title_sort corporate social responsibility, financial fraud, and firm's value in indonesia and malaysia
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9718973/
https://www.ncbi.nlm.nih.gov/pubmed/36471844
http://dx.doi.org/10.1016/j.heliyon.2022.e11907
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