Green economy: Islamic social reporting for companies

Tri Wahyudi*    -  Universitas Sultan Ageng Tirtayasa, Banten, Indonesia
Nur Sabrina  -  Universiti Teknologi Mara, Malaysia
Camka Ayu Pratiwi  -  Universitas Sultan Ageng Tirtayasa, Banten, Indonesia

(*) Corresponding Author
DOI: 10.21580/jiafr.2023.5.1.14525

Purpose - The purpose of this study is to examine the impact of Islamic social reporting on firm value.

Method - This research uses quantitative methods. The sample in this study is 13 sharia companies registered in the Jakarta Islamic Index for 2016-2020. Data analysis using multiple linear regression. Islamic social reporting as an independent variable, while the firm value is measured using Tobin's Q as the dependent variable, and firm size as a control variable.

Result - The empirical results in this study found that Islamic social reporting has a positive and significant effect on firm value.

Implication - Sharia companies listed in the Jakarta Islamic Index are expected to focus on Islamic principles in carrying out activities including in social aspects to increase company value as part of the company's strategy.

Originality - This study combines the ISR disclosure index from several previous researchers to measure ISR disclosure in Islamic companies.

Keywords: Islamic social reporting; firm value; firm size; performance

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Journal of Islamic Accounting and Finance Research
Published by Department of Sharia Accounting, Faculty of Islamic Economics and Business, Universitas Islam Negeri Walisongo Semarang, Indonesia
Jl Prof. Dr. Hamka Kampus III Ngaliyan Semarang 50185
Phone: +62 852-2589-5726
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Email: jiafr@walisongo.ac.id

ISSN: 2715-0429 (Print)
ISSN: 2714-8122 (Online)

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