Pengaruh tanggung jawab sosial terhadap kinerja keuangan: Struktur kepemilikan sebagai variabel moderasi

This research was conducted to prove empirically the influence of social responsibility on financial performance moderated by the ownership structure of companies listed on the Indonesia Stock Exchange. The variables contained in this study were ownership concentration, the proportion of tradeable shares, leverage, long-term debt, and company size. The proportion of tradeable shares and ownership concentration were moderating variables. Companies listed on the Indonesia Stock Exchange with a total sample of 384 companies were selected based on predetermined criteria. Eviews were programs used to test panel data taken from annual company reports published for 5 years. The results of the study after the data test stated that social responsibility has a significant positive effect while the proportion of tradeable shares and ownership concentration do not have a significant effect on performance. The moderating variables contained in this study positively influence corporate social responsibility toward financial performance.

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STRUKTUR KEPEMILIKAN PADA PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA

Jurnal Analisis Bisnis Ekonomi ◽

10.31603/bisnisekonomi.v16i2.2614 ◽

2018 ◽

Vol 16 (2) ◽

pp. 49-74

Author(s):

I Dewa Made Endiana

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Ownership Structure ◽

Stock Exchange ◽

Sample Technique ◽

Corporate Social ◽

Relationship Of ◽

The Relationship ◽

Positive Effect

The performance achieved by the company is very important to assess because itrelates to the prospects and sustainability of the company in the future. Achievingmaximum performance is strongly influenced by several factors, one of which isCorporate Social Responsibility (CSR). This study aims to determine the effect ofownership structure on corporate social responsibility on financial performance of miningcompanies in the Indonesia Stock Exchange for the period 2013-2017. Population is amining company on the Indonesia Stock Exchange. The sample technique was selectedusing purposive sampling, namely the method of determining the sample with certaincriteria so that the number of samples obtained was 11 companies, so the number ofobservations with a study period of 5 years was 55 observations. The results obtained inthis study that corporate social responsibility have a positive effect on performance whilethe ownership structure is not able to strengthen or weaken the relationship of corporatesocial responsibility to the financial performance (ROA) of mining companies listed onthe Indonesia Stock Exchange.

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Pengaruh Corporate Social Responsibility dan Intellectual Capital Pada Kinerja Keuangan

E-Jurnal Akuntansi ◽

10.24843/eja.2019.v27.i02.p20 ◽

2019 ◽

pp. 1365

Author(s):

Made Cahyani Prastuti ◽

I G.A.N. Budiasih

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Intellectual Capital ◽

Stock Exchange ◽

Participant Observation ◽

Sampling Technique ◽

Corporate Social ◽

Positive Effect ◽

Descriptive Statistical Analysis

The aim of this research is to know the influence of corporate social responsibility and intellectual capital on financial performance. Theories used are stakeholder, legitimacy, and resource-based theory. This research conducted on trading companies listed on the Indonesia Stock Exchange in 2015-2017. The samples taken were 26 companies, by non-probability sampling method with purposive sampling technique. Data collected through non-participant observation. The analysis techniques used are descriptive statistical analysis, classical assumptions, and multiple linear analysis. Based on the analysis found that corporate social responsibility has no effect on financial performance. This indicates that the high and low disclosure of CSR will not affect the financial performance of the trade sector. The second hypothesis states that intellectual capital has a positive effect on financial performance. This indicates that the higher the intellectual capital, the higher the financial performance of the company. Combination of intellectual capital can enhance competitive advantage for companies. Keywords: Financial performance, corporate social responsibility, intellectual capital

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DETERMINAN CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE (CSRD) PADA PERUSAHAAN PERTAMBANGAN PERIODE 2014-2018

JURNAL AKUNTANSI ◽

10.37932/ja.v10i1.274 ◽

2021 ◽

Vol 10 (1) ◽

pp. 116-131

Author(s):

Maria Suryaningsih ◽

Mulia Ningsih

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Ownership Structure ◽

Stock Exchange ◽

Institutional Ownership ◽

Significant Positive Effect ◽

Ownership Structures ◽

Mining Companies ◽

Corporate Social ◽

Positive Effect

This research has a problem where the company implements corporate social responsibility with the existence of a law, not from awareness. Companies are also not yet aware of the benefits of implementing corporate social responsibility and there are still different previous researchers.This study aims to examine the effect of profitability, leverage, and ownership structure on corporate social responsibility. This study uses data from 15 mining companies listed on the Stock Exchange Index (IDX) during the period 2014 to 2018 using SPSS 24 software. The results showed that profitability had no effect on corporate social responsibility . Leverage has no effect on corporate social responsibility . Ownership Structure has a significant positive effect on corporate social responsibility . That is, high institutional ownership can increase the existence of corporate social responsibility actions and Simultaneously Profitability, Leverage and ownership structures simultaneously have a significant positive effect on corporate social responsibility .

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ENHANCING FINANCIAL PERFORMANCE THROUGH ENVIRONMENT PERFORMANCE AND CORPORATE SOCIAL RESPONSIBILITY

TRIKONOMIKA ◽

10.23969/trikonomika.v19i2.2221 ◽

2020 ◽

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Environmental Performance ◽

Stock Exchange ◽

Manufacturing Companies ◽

Corporate Social ◽

Environment Performance ◽

Positive Effect

This study examined the effect of environmental performance on financial performance with corporate social responsibility as a mediating variable for 234 manufacturing companies listed on the Indonesia Stock Exchange in 2013-2018. Multiple linier regression was used to examine for the effect of environmental performance on financial performance. Sobel test was used to examine for the role of corporate social responsibility as a mediating variable. Results indicate that that environmental performance and corporate social responsibility have a positive effect on financial performance. In addition, corporate social responsibility is able to mediate the effect of environmental performance on financial performance.

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Ownership Structure, Corporate Governance, and Corporate Social Responsibility with Financial Performance as Intervening

Wiga Jurnal Penelitian Ilmu Ekonomi ◽

10.30741/wiga.v10i2.565 ◽

2020 ◽

Vol 10 (2) ◽

pp. 118-131

Author(s):

Anang Ariful Habib ◽

Muhammad Miqdad ◽

Yosefa Sayekti

Keyword(s):

Corporate Governance ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Ownership Structure ◽

Audit Committee ◽

Managerial Ownership ◽

Good Corporate Governance ◽

Corporate Social ◽

Positive Effect

Corporate Social Responsibility (CSR) programs are carried out by entities in the hope of getting legitimacy and positive values from the community. So, companies can survive and develop, and it can increase profitability in the future. CSR has a relationship with Good Corporate Governance (GCG), Ownership Structure, and Financial Performance. This research aims to analyze the effect of the ownership structure and good corporate governance on corporate social responsibility disclosure through finance performance. The interpretation technique of the sample that is used in this research is purposive sampling. That is the manufacturing company listed on the IDX period 2017 – 2019. The data analysis method that is used is the path analysis. The resulting research is the managerial ownership influence at finance performance significantly. Institutional ownership is not influenced by finance performance. The foreign ownership influence at finance performance significantly. The measure of commissioner council influence at finance performance significantly. The Audit Committee has a positive effect on financial performance. Managerial ownership has a positive effect on CSR. Institutional ownership is no significant effect on CSR. Foreign ownership has a significant effect on CSR. The measure of Commissioners council has a significant effect on CSR. The Audit Committee has a significant effect on CSR. Financial performance has a significant effect on CSR.

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Corporate Social Responsibility Disclosure and Financial Performance: A State Owned Enterprises Case Study

Sosial Budaya ◽

10.24014/sb.v15i1.5735 ◽

2018 ◽

Vol 15 (1) ◽

pp. 11

Author(s):

Susnaningsih Muat ◽

Agung Prayogo

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Stock Exchange ◽

Research Area ◽

Business Environment ◽

Significant Positive Effect ◽

Csr Disclosure ◽

Corporate Social ◽

Positive Effect

In today’s business environment, the maximization of shareholders wealth is not the only objective of a company. By engaging in the Corporate Social Responsibility (CSR) program, companies are also responsible for the interest of stakeholders and society at large. CSR disclosure is believed to improve financial performance. In State Owned Enterprises (SOE), however, the validity of this relationship has been called into question. In this paper, the main objective is to investigate the influence of CSR disclosure on financial performance in SOE. In relation to the measurement of financial performance, this study takes into account three indicators: Return on Equity (ROE), Earning Per Share (EPS), and Net Profit Margin (NPM). In this study, data from state owned enterprises, which were listed on the Indonesian Stock Exchange from the period of 2011 to 2015, were analyzed using simple regression method. The data used in this study took the form of financial and sustainability report issued by state owned enterprises. The results show that the disclosure of CSR has a significant positive effect on ROE. The CSR disclosure also has a significant positive effect on EPS. In contrast, the disclosure of CSR has no effect on NPM. In the context of State Owned Enterprises, the research demonstrates that there is positive relationship between CSR disclosure and financial performance. This paper contributes to our understanding of state owned enterprises in Indonesia; a research area which has to date been neglected by scholars.

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PENGARUH KINERJA KEUANGAN DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN (STUDI EMPIRIS PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2012-2014

Jurnal STEI Ekonomi ◽

10.36406/jemi.v25i2.94 ◽

2017 ◽

Vol 25 (2) ◽

pp. 137-158

Author(s):

Nelli Novyarni

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Sampling Method ◽

Stock Exchange ◽

Secondary Data ◽

Total Observation ◽

Data Collection Technique ◽

Corporate Social ◽

Positive Effect

Abstract- Factors known value of the company as follows. Factor financial performance and Corporate Social Responsibility one that affects the value of the company. This study aimed to test whether the effect of Financial Performance and Corporate Social Responsibility (CSR) to Corporate Value on banking company listed on the Indonesia Stock Exchange (BEI). This research uses descriptive quantitative approach, which is measured using multiple linear regression based SPSS 21.0. the population of this study is the banking companies listed in Indonesia Stock Exchange (BEI) in 2012 through 2014. The sample was determined by purposive sampling method, with a sample of 17 banking companies, bringing the total observation in this study were 51 observations. The data used in this research is secondary data. The data collection technique using the method of documentation via the official website IDX: www.idx.co.id. Hypothesis testing using t test. The research proves that (1) Financial Performance affect the Company's value in the banking companies listed on the Stock Exchange 2012-2014, (2) Corporate Social Responsibility positive effect is not significant to the Company's value in banking companies listed on the Stock Exchange 2012-2014, (3) financial performance and Corporate Social Responsibility collectively together have an influence on the value of companies in bannking companies listed on the stock exchange 2012-2014.

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Pengaruh Corporate Social Responsibility terhadap Kinerja Keuangan Perusahaan dan Earning Management sebagai Variabel Moderasi

Journal of Entrepreneurship & Business ◽

10.24123/jerb.v1i1.2820 ◽

2020 ◽

Vol 1 (1) ◽

pp. 11-20

Author(s):

Jessica Ang ◽

Werner Ria Murhadi ◽

Endang Ernawati

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Target Population ◽

Multiple Linear Regression Analysis ◽

Earning Management ◽

Moderating Variables ◽

Corporate Social

This study aims to analyze the effect of corporate social responsibility on a company’s financial performance with earning management as a moderating variable. The variables used in this study are corporate social responsibility, firm age, firm size, leverage, and earning management as moderation variables. This research uses a quantitative approach using multiple linear regression analysis. The target population in this study are all non-financial sector companies listed on the Indonesia Stock Exchange (IDX) in 2014-2018, which amounted to 875 observations. The results showed that corporate social responsibility variable has no significant influence on financial performance. The analysis with moderating variables show that earning management can strengthen the relationship between corporate social responsibility and financial performance. Keywords: corporate social responsibility, financial performance, earning management

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CORPORATE SOCIAL RESPONSIBILITY (CSR): PROFIT SEEKING OR SOCIAL ACTIVITY?

Jurnal Akuntansi Bisnis ◽

10.30813/jab.v13i2.2144 ◽

2020 ◽

Vol 13 (2) ◽

Author(s):

Nia Hariana ◽

Arthik Davianti

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Stock Exchange ◽

Social Activity ◽

Secondary Data ◽

Return On Equity ◽

Moderating Variables ◽

Corporate Social ◽

A Company

<h1>ABSTRACT: A company is required to do the Corporate Social Responsibility (CSR) as a form of responsibility to the stakeholders. In general, CSR activities give several impacts on companies and also the surrounding environment or residents. Companies tend to spend a high CSR expenditure with a possibility to influence their profit but some argue that CSR expenditure is related to companies’ social objectives. The research was conducted with the aim to analyze the effect of CSR on future financial performance and corporate social activity. The data of the research uses secondary data through the annual report and financial report of consumer goods manufacturing industries that registered in the Indonesia Stock Exchange. The result of the research showed that CSR expenditure has no significant effect on future financial performance. However, the company will still report their CSR expenditure as a signal to the users of financial statements. Further, the result of this study shows that CSR expenditure has a significant effect on social activities. This research can be used by shareholders, investors, and other companies in choosing a company with a good image seen from their CSR to work with. Afterward, further research is expected to use other moderating variables such as Return on Equity (ROE) or Earning per Share (EPS) in measuring the relationship of CSR and financial performance.</h1> Keywords: Corporate social responsibility, future financial performance, corporate social activity. ABSTRAK: Sebuah perusahaan wajib melakukan Tanggung Jawab Sosial Perusahaan sebagai bentuk tanggung jawab kepada para pemangku kepentingan. Secara umum, kegiatan Tanggung Jawab Sosial Perusahaan memberikan beberapa dampak bagi perusahaan dan juga lingkungan atau atau masyarakat sekitar. Perusahaan cenderung mengeluarkan pengeluaran atas Tanggung Jawab Sosial Perusahaan dengan cukup tinggi dengan harapan dapat mempengaruhi keuntungan perusahaan. Akan tetapi, beberapa berpendapat bahwa pengeluaran dari Tanggung Jawab Sosial Perusahaan berhubungan dengan tujuan sosial perusahaan. Penelitian ini dilakukan dengan tujuan untuk menganalisis pengaruh Tanggung Jawab Sosial Perusahaan terhadap kinerja keuangan masa depan dan aktivitas sosial perusahaan. Data penelitian menggunakan data sekunder melalui laporan tahunan dan laporan keuangan industri manufaktur barang konsumsi yang terdaftar di Bursa Efek Indonesia (BEI). Hasil penelitian menunjukkan bahwa pengeluaran atas Tanggung Jawab Sosial Perusahaan tidak berpengaruh signifikan terhadap kinerja keuangan masa depan perusahaan. Meski demikian, perusahaan tetap akan melaporkan pengeluaran atas Tanggung Jawab Sosial Perusahaan sebagai sinyal bagi pengguna laporan keuangan. Lebih lanjut, hasil penelitian ini menunjukkan bahwa pengeluaran atas Tanggung Jawab Sosial Perusahaan berpengaruh signifikan terhadap kegiatan sosial perusahaan. Penelitian ini dapat digunakan oleh pemegang saham, investor, dan perusahaan lain dalam memilih perusahaan dengan citra yang baik dilihat dari Tanggung Jawab Sosial Perusahaan untuk kepentingan menjalin kerjasama. Selanjutnya penelitian berikutnya diharapkan dapat menggunakan variabel moderasi lain seperti laba atas ekuitas atau penghasilan per saham dalam mengukur hubungan Tanggung Jawab Sosial Perusahaan dan kinerja keuangan perusahaan. Kata kunci: Tanggung jawab sosial perusahaan, kinerja keuangan masa depan, aktivitas sosial perusahaan.

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Pengaruh Tanggung Jawab Sosial dan Modal Intelektual terhadap Kinerja Keuangan Perusahaan (Studi pada BUMN yang Terdaftar di Bursa Efek Indonesia)

Jurnal Akun Nabelo: Jurnal Akuntansi Netral, Akuntabel, Objektif ◽

10.22487/j26223090.2018.v1.i1.10487 ◽

2018 ◽

Vol 1 (1) ◽

Author(s):

Rahmatiah Rahmatiah ◽

Noor Riefma Hidayah

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Intellectual Capital ◽

Stock Exchange ◽

Secondary Data ◽

Total Sample ◽

State Owned Enterprise ◽

Corporate Social ◽

Research Period

This research aims to know and analyze the effect of social responsibility and intellectual capital both simultaneously and partially to company’s financial performance at state-owned enterprise (BUMN) listed on the Indonesia Stock Exchange. The type of research is quantitative and with the using secondary data. The total sample is nine companies which the research period is 2011-2015. Results show that simultaneously corporate social responsibility and intellectual capital influence the finance performance. Corporate social responsibility do not have effect while intellectual capital influence the financial performance partially.

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