ARTICLE
TITLE

IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL PERFORMANCE OF MANUFACTURING COMPANIES IN INDONESIA

SUMMARY

This study is aimed to analyze the influence of Corporate Social Responsibility of financial performance at manufacturing companies listed on the Indonesia Stock Exchange. The sampling period studied was 2014 to 2018. The independent variable in this study was Corporate Social Responsibility which was assessed based on GRI indicators, namely Environmental Disclosure. The dependent variable of this study is financial performance measured by ROA, ROE, Revenues, and Tobin's Q, and the control variables used are Size and Age. The data used in this study were obtained from the company's 2014-2018 financial statements. Determination of the sample using purposive sampling technique in order to obtain a sample of 97 companies. Data analysis methods used are regression and partial t test. The results of this study are that Corporate Social Responsibility effected on financial performance measured by Revenues and Tobin’s Q while Corporate Social Responsibility does not affected on financial performance measured by ROA and ROE.

PAGES
pp. 194 - 199

 Articles related

Stefanía Yapor, Patricia Correa    

Corporate Volunteering (CV) has grown in recent years, looming largely on the agenda of many companies and Civil Society Organizations (CSOs) both internationally and in Uruguay. The objective of this article is to identify the organizational factors tha... see more


Shita Tiara, Debbi Chyntia Ovami    

The operation of a Sharia Bank is inseparable from the demands of the implementation of Good Corporate Governance and based on Sharia principles which are referred to as Islamic Corporate Governance. This study aims to implement Islamic Corporate Governa... see more


Ichwan Lazuardi Natapermana,Winwin Yadiati,Euis Nurhayati    

State-Owned Enterprise (SOE) is one of the agents of economic activity in the national economy of Indonesia that has an important role in managing the national economy to realize the welfare of society. At present, SOEs have often received critical atten... see more


Ahmad Ahmadian, Shahrzad Khosrowpour    

Recently, scholars and managers have devoted greater attention to corporate social responsibility (CSR) and its strategic implications. With more awareness surrounding the topic it would be expected for there to be a consensus on a definition, but as of ... see more


Carlos Eduardo de Oliveira,Tarcísio Luiz Cândido,Bruno Araújo Lima    

In a scenario of economic crisis it is common for companies to reduce the volume of social activities and innovation. Companies in the electricity sector are the basis for a country’s industries, making this sector one of the most important. Therefore, i... see more