Abstract:

Market participants determine the stock price based on demand and supply, with the closing price frequently representing the stock price. The company's disclosures can have an impact on the interests of investors. Consequently, the purpose of this study is to examine the effect of CSR disclosure and corporate characteristics on the stock prices of Indonesia Stock Exchange-listed mining companies between 2016 and 2020. The sample for this research was comprised of twelve mining companies selected using the technique of purposive sampling. In this research, multiple linear regression analysis was used for the analysis. According to this study, combining CSR disclosure with economic transparency and company scale has little effect on stock prices. The impact of CSR disclosure, environmental disclosure, and return on assets on stock prices is substantial and positive. Stock prices are influenced simultaneously by the outcomes, disclosure of Corporate Social Responsibility (CSR), and corporate characteristics.

Keywords:

Stock Prices, CSR Economic, CSR Social, CSR Environment, ROA, Firm Size.

JEL Classification:

M14, O16.

How to Cite:

Heliani and Meutia Riany. The Effect of Corporate Social Responsibility (CSR) Disclosure and Company Characteristics on Stock Prices. [ref]: vol.21.2023. available at: https://refpress.org/ref-vol21-a213/