Stock Return Movement in Indonesia Mining Companies

DOI

10.2991/aebmr.k.200127.011How to use a DOI?

Keywords

stock return, environmental performance, environmental disclosure

Abstract

This research empirically analyzes and examines the influence of environmental performance and environmental disclosure on stock return. The environmental performance variable was measured based on PROPER (government ranks), and the environmental disclosure was assessed using index. The stock return variable was reflected by cumulative abnormal return. The samples used in this research were 41 companies with the observing year of 2015–2017; thus, the total samples were 123. The data was analyzed using Statistical Package for Social Science with multiple linear regression analysis methods. The results showed that the environmental performance variable had a positive impact on stock return. The environmental disclosure variable had a positive impact on the stock return, which means the higher environmental disclosure items by the company, the higher investor’s positive responds reflected through the stock return.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - M. Indriastuti
AU  - N. Najihah
PY  - 2020
DA  - 2020/01/31
TI  - Stock Return Movement in Indonesia Mining Companies
BT  - Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
PB  - Atlantis Press
SP  - 54
EP  - 57
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200127.011
DO  - 10.2991/aebmr.k.200127.011
ID  - Indriastuti2020
ER  -