Forward-Looking Disclosure and Corporate Reputation in the Middle of Pandemic as Mechanisms to Reduce Stock Return Volatility

DOI

10.2991/aebmr.k.211124.046How to use a DOI?

Keywords

Corporate reputation; Disclosure; Forward-looking; Stock return volatility

Abstract

The main purpose of this paper is to examine whether financial forward-looking information and corporate reputation can reduce stock return volatility. The population of this study is manufacturing companies listed in the Indonesia stock exchange (IDX), as it is one of the most negatively affected sectors due to the pandemic, with 134 companies as the sample. This research uses a multiple regression model. The findings of this research validate previous research on how financial forward-looking disclosure can reduce information asymmetry, which is proxied by stock return volatility. On the other hand, corporate reputation did not show any significance in reducing stock return volatility.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Arja Sadjiarto
AU  - Gabriella Ivana Gunawan
AU  - Georgina Kelly Wibisono
PY  - 2021
DA  - 2021/11/25
TI  - Forward-Looking Disclosure and Corporate Reputation in the Middle of Pandemic as Mechanisms to Reduce Stock Return Volatility
BT  - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021)
PB  - Atlantis Press
SP  - 322
EP  - 327
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211124.046
DO  - 10.2991/aebmr.k.211124.046
ID  - Sadjiarto2021
ER  -