Fundamental Effect of Implementation of Corporate Social Responsibility and Value Based Management on the Equity Value of Hotels in Bali

Gede Adi Yuniarta ()
Additional contact information
Gede Adi Yuniarta: Universitas Pendidikan Ganesha, Indonesia Author-2-Name: I Gusti Ayu Purnamawati Author-2-Workplace-Name: Universitas Pendidikan Ganesha, Indonesia

GATR Journals from Global Academy of Training and Research (GATR) Enterprise

Abstract: "Objective � The purpose of this study was to examine the implementation of the fundamental effects of Corporate Social Responsibility and Value Based Management on the Equity Value of hotels in Bali. Methodology/Technique � The data collecting used purposive sampling method. The effects of moderating variables were tested using Moderated Regression Analysis (MRA). Findings � The research proves that there is a significant fundamental effect of the implementation of Corporate Social Responsibility and Value Based Management on the Equity Value of hotels in Bali. The fundamental effects prove that although the implementation of Corporate Social Responsibility cause the release of funds that is quite significant but it gives positive effects on companies that has fundamentally led to increased equity value in the eyes of investors. Novelty � The study proves that the expenditure on Corporate Social Responsibility can positively affect the stock price of a firm."

Keywords: Hotel; Value Based Management; Corporate Social Responsibility; Equity Value of The Company. (search for similar items in EconPapers)
JEL-codes: M14 M41 (search for similar items in EconPapers)
Pages: 7
Date: 2017-04-14
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Accounting and Finance Review, Volume 2, Issue 2

Downloads: (external link)
http://gatrenterprise.com/GATRJournals/pdf_files/A ... (2)-CIMSSR-00225.pdf (application/pdf)
http://gatrenterprise.com/GATRJournals/online_submission.html

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gtr:gatrjs:afr133

Access Statistics for this paper

More papers in GATR Journals from Global Academy of Training and Research (GATR) Enterprise
Bibliographic data for series maintained by Prof. Dr. Abd Rahim Mohamad ().