Investment efficiency of a company become a
strategic issue due to this condition can bring to a serious
problem. Several study has been conducted by previous
researches. However, study in Indonesia is still limited.
Therefore, there is a desire need to forthere investigate this
phenomena. This study want to analyzed and examine the
influences of financial reporting quality and CSR
disclosure on investment efficiency. The population in this
study are all of companies listed in Indonesia Stock
Exchange for the year 2015-2017, except the financial
sector. Final sample in this study are 468 companies which
obtained by using purposive sampling method. The data is
analyzed by using panel data regression. The results of
analyzed in this study showed that financial reporting
quality has a positive effect on investment efficiency.
Meanwhile, Corporate Social Responsibility (CSR)
disclosure has no effect on investment efficiency.
Keywords : Investment Efficiency, Financial Reporting Quality, CSR Disclosure.