Pelaksanaan Corporate Social Responsibility (CSR) dan Kinerja Perusahaan Manufaktur di Indonesia

Abstrak Tujuan – Penelitian ini bertujuan untuk menguji praktek tanggung jawab sosial di Indonesia dan hubungannya dengan kinerja perusahaan. Desain/Metodologi/Pendekatan – Kumpulan data panel dikumpulkan dari Bursa Efek Indonesia selama periode 2010-2014 untuk mengukur GRI sebagai proksi variabel CSR dan kinerja keuangan (ROA, ROE dan EVA). Regresi data panel berganda digunakan untuk menganalisis pengaruh CSR terhadap kinerja perusahaan.Hasil – Penelitian ini menemukan bahwa praktik CSR hanyalah pemenuhan kewajiban dan tidak berpengaruh pada kinerjaKeterbaruan/Nilai - Penelitian ini tidak hanya mengukur kinerja keuangan berdasarkan akuntansi (ROA dan ROE) tetapi juga kinerja berbasis pasar (EVA) Abstract Proposed – This paper aims to examine the corporate social responsibility practices in Indonesia and it’s relation to firm performance Design/Methodology/Approach – A panel data set gathered from Indonesian Stock Exchange during the 2010-2014 period to measured GRI as a proxy of CSR and financial performance variables (ROA, ROE and EVA). Multiple panel data regression was used to analyze the effect off CSR to firm performance.Result – This result found that CSR practice was only an obligation fulfillment and had no effect on performanceNovelty/Value - This study not only measured financial performance by accounting-based (ROA and ROE) but also market-based performance (EVA)

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Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan

Equity ◽

10.34209/equ.v22i1.897 ◽

2019 ◽

Vol 22 (1) ◽

pp. 1

Author(s):

Nanik Lestari ◽

Novi Lelyta

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Stock Exchange ◽

Global Reporting Initiative ◽

Corporate Financial Performance ◽

Growth Data ◽

Panel Data Regression ◽

Analysis Technique ◽

Corporate Social

This research aims to obtain empirical evidence on the influence of Corporate Social Responsibility impact on Corporate Financial Performance. Data used are non-financial companies in Indonesia Stock Exchange (IDX) period 2010-2015 as many as 419 samples. Corporate Financial Performance dependent variable is measured by Return on Asset (ROA) and Retunr on Invesment Capital (ROIC).The Independent variables of corporate Social Responsibility is adopted from the Global Reporting Initiative (GRI) G3.1 Guidelines with 6 indicators and 81 items. The control variables is Sales Growth. Data analysis technique used is panel data regression analysis. The results of this study are, the first Corporate Social Responsibility has positive on Corporate Financial Performance proxicated by ROA. The second, Corporate Social Responsibility has positive on Corporate Financial Performance proxicated by ROIC.

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Investing In Corporate Social Responsibility, Banking Disclosure And Finance In Uzbekistan

The American Journal of Management and Economics Innovations ◽

10.37547/tajmei/volume03issue05-14 ◽

2021 ◽

Vol 3 (05) ◽

pp. 86-94

Author(s):

Odilov Akmal Odilovich ◽

◽

Jo’rayev Behzod Nuraliyevich ◽

Keyword(s):

Corporate Social Responsibility ◽

Panel Data ◽

Social Responsibility ◽

Financial Performance ◽

Developing Country ◽

Fixed Effects ◽

Corporate Financial Performance ◽

Data Set ◽

Strategic Csr ◽

Corporate Social

Using panel data set from banks in Uzbekistan, a developing country, this paper examines the eﬀects of corporate social responsibility (CSR) investment and disclosure on corporate ﬁnancial performance. The results from the Wallace and Hussain estimator of component variances (a two- way random and ﬁxed eﬀects panel) suggest that CSR investment without due disclosure would have little or no contribution to corporate ﬁnancial performance. This paper supports the argument that ﬁrms could beneﬁt both ﬁnancially and non-ﬁnancially from a strategic CSR agenda.

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Pengaruh Kinerja Keuangan Dan Corporate Social Responsibility (CSR) Terhadap Nilai Perusahaan Perbankan Di Bursa Efek Indonesia

Kajian Bisnis STIE Widya Wiwaha ◽

10.32477/jkb.v26i1.267 ◽

2018 ◽

Vol 26 (1) ◽

pp. 95-111

Author(s):

Sulastiningsih Sulastiningsih ◽

Rizka Imanita Sholihati

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Firm Value ◽

Research Method ◽

Quantitative Research ◽

Annual Report ◽

Stock Exchange ◽

Secondary Data ◽

Corporate Social

This study aims to determine whether the financial performance measured by using CAR, ROA, LDR, BOPO, and CSR can affect the value of banking companies as measured by using PBV. This study uses secondary data taken from the annual report of banking companies during the year 2012-2016 listed on the Indonesia Stock Exchange. The number of samples of this study as many as 25 banking companies with a total of 125 data. This research method is quantitative research. The results of this study indicate the effect of CAR, ROA, LDR, BOPO, and CSR variables on firm value measured by using PBV in a banking company listed on the Indonesia Stock Exchange. Keywords: CAR, ROA, LDR, BOPO, CSR, PBV

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(CSR) TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN SEKTOR PERTAMBANGAN YANG LISTING DI BURSA EFEK INDONESIA PERIODE 2012 - 2014

JMM UNRAM - MASTER OF MANAGEMENT JOURNAL ◽

10.29303/jmm.v5i3.91 ◽

2016 ◽

Vol 5 (3) ◽

Author(s):

Siti Ramlah

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Sampling Method ◽

Stock Exchange ◽

Return On Assets ◽

Mining Company ◽

Equity Ratio ◽

Independent Variable ◽

Corporate Social

This study aimed to analyze the influence of Corporate Social Responsibility disclosure of financial performance in the mining company listed on the Indonesia Stock Exchange. The mining company listed on the Indonesia Stock Exchange in 2012 as many as 34 companies. However, by using purposive sampling method then selected 10 companies that serve as the research sample. Financial performance as the dependent variable that is measured by Debt to Equity Ratio (DER) Return on Assets (ROA), and Earning per Share (EPS). With this type of associative research, seen the effect of CSR on DER, ROA and EPS. Disclosure of Corporate Social Responsibility (CSR) is an independent variable, measured by the index of CSR in all aspects of CSR. Testing is done with descriptive statistics, classical assumption test and simple linear regression. The results of this study illustrate that the disclosure of Corporate Social Responsibility does not show positive and significant impact on Debt to Equity Ratio (DER), Return On Assets (ROA), and the but positive and significant effect on the Earning per Share (EPS), the mining company listed on the Stock Securities Indonesia Year 2012-2014.Keywords: DER, EPS,CSR disclosures, ROA.

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Effect of Corporate Governance and Corporate Social Responsibility on Financial Performance

Journal of Auditing Finance and Forensic Accounting ◽

10.21107/jaffa.v8i2.7449 ◽

2020 ◽

Vol 8 (2) ◽

Author(s):

Indah Maha Sari ◽

Rita Anugrah ◽

Azwir Nasir

Keyword(s):

Corporate Governance ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Audit Committee ◽

Sampling Method ◽

Stock Exchange ◽

Purposive Sampling ◽

Market Capitalization ◽

Corporate Social

This research was conducted to find out effect of independent commissioner, audit committee, and corporate social responsibility on financial performance at Index Kompas 100 in in Indonesia Stock Exchange period 2016-2018. Index Kompas 100 company has high market capitalization value, so it is suitable for use as a population. Samples were determined using the purposive sampling method. Research using multiple linear analyses. This research prove that independent commissioner, audit committee, corporate social responsibility have a influence on financial performance.

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Effects of Corporate Social Responsibility on Firm Performance: Does Customer Satisfaction Matter?

Sustainability ◽

10.3390/su12187545 ◽

2020 ◽

Vol 12 (18) ◽

pp. 7545 ◽

Cited By ~ 1

Author(s):

An-Pin Wei ◽

Chi-Lu Peng ◽

Hao-Chen Huang ◽

Shang-Pao Yeh

Keyword(s):

Corporate Social Responsibility ◽

Firm Performance ◽

Customer Satisfaction ◽

Social Responsibility ◽

Financial Performance ◽

Interactive Effect ◽

The United States ◽

Negative Effect ◽

Corporate Social Irresponsibility ◽

Corporate Social

Academic research has shed light on the empirical relationships among a firm’s corporate social responsibility (CSR), corporate social irresponsibility (CSiR) and firm performance and on the firm’s customer satisfaction–firm performance relationship in different markets. However, little notice has been taken of whether the coexistence of corporate social responsibility, corporate social irresponsibility and customer satisfaction has an interactive effect on firm performance. This study aims to examine the effects of their interaction on firm performance from an investment perspective. Using unbalanced panel regression to test a sample of publicly traded firms from the United States, this study finds that, in general, firms with higher customer satisfaction earn positive changes in abnormal stock returns. For firms that engage in CSR, CSR positively affects corporate performance, whereas firms’ social irresponsibility activities reduce firms’ financial performance. All else equal, a positive interactive effect of CSiR and customer satisfaction on stock return was observed. The results reveal that high customer satisfaction can alleviate the negative effect of corporate social irresponsibility on firms’ financial performance. Our findings will help management executives and investors to understand that the negative effect of a firm’s unforeseen events on firm performance can be weakened by increasing customer satisfaction.

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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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Corporate social responsibility, innovation capability and firm performance: evidence from SME

Social Responsibility Journal ◽

10.1108/srj-12-2019-0401 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Dawit Bahta ◽

Jiang Yun ◽

Md Rashidul Islam ◽

Muhammad Ashfaq

Keyword(s):

Corporate Social Responsibility ◽

Firm Performance ◽

Social Responsibility ◽

Financial Performance ◽

Developing Country ◽

Equation Modeling ◽

Innovation Capability ◽

Content Type ◽

Corporate Social

Purpose The purpose of this paper is to examine corporate social responsibility (CSR) and its effect on small and medium enterprises’ (SMEs) innovation capability and financial performance from the perspective of a developing country. It also aims to explore the role of innovation capability as a mediating factor in the linkage between CSR and SMEs’ financial performance. Design/methodology/approach A questionnaire was distributed among managers/owners of the sampled companies. Using a data set of 402 Eritrean firms and partial least squares structural equation modeling, direct and mediating effects were tested. Findings The result reveals that CSR has a positive and significant effect on the financial performance and innovation capability of SEMs. Besides, innovation capability has a positive and significant effect on the business performance of SMEs. The result also supports a partial mediation effect of innovation capability on the association between CSR and firm performance. Practical implications The findings from this research could enhance the awareness of the entrepreneurs, researchers and policymakers on CSR-SMEs’ relationship and help understand the importance of CSR as a crucial driver mechanism for companies to become more innovative and competitive. Originality/value By empirically examining the relationship between CSR, innovation capability and performance in SMEs, this study contributes to the ongoing scholarly discussion on the linkage between CSR and financial performance. Also, to the best of the authors’ knowledge, no other study investigated the mediating role of innovation capability on the link between CSR activities and firms’ financial performance in SMEs from a developing country perspective, making substantial contributions to research in terms of theory, practice and policy.

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Impact of corporate social responsibility on corporate financial performance: Evidence from the Maldives stock exchange

Human Systems Management ◽

10.3233/hsm-200899 ◽

2020 ◽

pp. 1-13

Author(s):

Anitha Moosa ◽

Feng He ◽

Tsitaire Jean Arrive

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Stock Exchange ◽

Corporate Financial Performance ◽

Corporate Social

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Corporate social responsibility and Latin American firm performance

Corporate Governance ◽

10.1108/cg-03-2016-0060 ◽

2017 ◽

Vol 17 (3) ◽

pp. 403-445 ◽

Cited By ~ 15

Author(s):

Chiara Amini ◽

Silvia Dal Bianco

Keyword(s):

Corporate Social Responsibility ◽

Firm Performance ◽

Social Responsibility ◽

Latin American ◽

Data Set ◽

Content Type ◽

Business Operations ◽

Corporate Social ◽

The Impact ◽

Matching Techniques

Purpose The purpose of this paper is to analyse the impact of corporate social responsibility (CSR) on firm performance in six Latin American economies. Firm performance includes five distinct dimensions, namely, firm turnover, labour productivity, innovativeness, product differentiation and technological transfer. The countries under scrutiny are Argentina, Bolivia, Chile, Colombia, Ecuador and Mexico. Design/methodology/approach Propensity score matching techniques are used to identify the causal effect of CSR on firm performance. To this end, World Bank Enterprise Survey (2006 wave) is used. This data set collects relevant firm-level data. Findings CSR has a positive impact on the outcome variables analysed, suggesting that corporate goals are compatible with conscious business operations. The results also vary across countries. Research limitations/implications The pattern that emerges from the analysis seems to suggest that the positive effects of CSR depend on countries’ stage of industrialisation. In particular, the least developed the economy, the wider the scope of CSR. Nonetheless, the relationship between conscious business operations, firm performance and countries’ level of development is not directly tested in the present work. Practical implications The main practical implication of the study is that Latin American firms should adopt CSR. This is because corporate responsible practices either improve firm performance or they are not shown to have a detrimental effect. Social implications The major policy implication is that emerging countries’ governments as well as international organisation should provide meaningful incentives towards CSR adoption. Originality/value The paper provides three major original contributions. First, it brings new descriptive evidence on CSR practices in Latin America. Second, it uses a broader and novel definition of firm performance, which is aimed at capturing developing countries’ business dynamics as well as at overcoming data limitations. Finally, it reassesses and extends the empirical evidence on the impact of CSR on firm performance.

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