THE INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY (CSR) DISCLOSURE ON DISPOSITION EFFECT BEHAVIOR ON THE INDONESIA STOCK EXCHANGE MEDIATED BY FINANCIAL PERFORMANCE

Nur Diyanah, Alifia and Nurna, Aziza and Fenny, Marietza (2022) THE INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY (CSR) DISCLOSURE ON DISPOSITION EFFECT BEHAVIOR ON THE INDONESIA STOCK EXCHANGE MEDIATED BY FINANCIAL PERFORMANCE. Undergraduated thesis, Universitas Bengkulu.

Archive (Thesis) SKRIPSI ALIFIA NUR DIYANAH C1C018121_compressed.pdf - Bibliography Restricted to Repository staff only Available under License Creative Commons GNU GPL (Software). Download (3MB)

Abstract

The research aims to determine the influence of CSR Disclosure on Disposition Effect Behavior with Financial Performance as an Intervening Variable. The CSR Disclosure measurement was done using Corporate Social Responsibility Disclosure Index, based on GRI G-4 standard, the Disposition Effect measurement was done using stock return and trading volume, and the Financial Performance measurement was done using ROE, EPS, and PBV. The population in this study is LQ45 companies that are listed on the Indonesia Stock Exchange for the period 2016-2020. The sample in this study is 29 companies (145 observations). The data analysis method used in this study was done with a simple - multiple regression analysis with the help of the Eviews application. The results of the study prove that information about CSR Disclosure is not an information that can trigger investors to behave disposition effect, otherwise, information about CSR Disclosure can reduce the disposition effect behavior, and financial performance cannot mediate the relationship between CSR Disclosure and disposition effect behavior. The implication of this study is the results of this study can be a source of new knowledge about behavioral finance that non-financial information such as CSR Disclosure can reduce investor behavior bias, disposition effect, in a capital market.

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