摘要：Socio-economic aspects of the disclosure is a form of corporate responsibility to the community around,It is a fact that must be implemented and must be reported as a form of management to the audience,so it can affect the value of the company which will affect the value of the company's stock,is designed as a research method is a survey research sourced on secondary data,such as financial data of the companies listed in the stock Exchange stock group JII.Socio-Economic Aspects of Variable Disclosure Score is calculated by Creating a checklist,and for Calculating Return Shares using event study analysis technique is to process the data obtained and discuss the time period used.Abnormal return is used for 7 days,consisting of t - 3 (Prevent,3 days before the event ),t 0 (event - date,the day of the event ),t +3 ( post - event,3 days after the event ).The results showed that the socio-economic aspects of the disclosure had no significant effect on stock returns,Major socio-economic aspects of the disclosure effect on stock returns is only 8.30 % only.
关键词：Disclosure;Stock Return;Checklist and Event Study
