_.jpg)
_.png)
_.png)
_.png)
PENGARUH CORPORATE SOCIAL RESPONSIBILITY (CSR) TERHADAP KINERJA DAN NILAI PERUSAHAAN
Abstract
The research was conducted to determine the relationship between corporate social responsibility (CSR) in the Indonesian banking sector, along with CSR disclosure practices and their impact on financial performance and firm value. From 2016 to 2020, relevant data were gathered from bank annual reports and sustainability reporting, financial sites, and the Indonesia Stock Exchange (IDX). Multiple regression analysis with the constant-coefficient model was used in this research (OLS). The findings indicate that commercial banks are involved in CSR activities, and appropriate disclosures have helped improve accounting-based financial performance as indicated by return of equity (ROE), return of assets (ROA), and corporate value based EPS and Tobin's Q. The research findings contribute to a better understanding of CSR practices in developing countries' financial sectors, which are making dynamic efforts to develop their financial culture and can promote rapprochement with the Indonesian financial sector.
Keywords
Full Text:
PDFReferences
Akben-Selcuk, E. (2016). Does Firm Age Affect Profitability. Evidence from turkey. International Journal of Economic Sciences, 5(3), 1-9.
Amran, A., Fauzi, H., Purwanto, Y., Darus, F., Yusoff, H., Zain, M. M., ... & Nejati, M. (2017). Social responsibility disclosure in Islamic banks: a comparative study of Indonesia and Malaysia. Journal of Financial Reporting and Accounting.
Angelia, D., & Suryaningsih, R. (2015). The Effect of Environmental Performance And Corporate Social Responsibility Disclosure Towards Financial Performance (Case Study to Manufacture, Infrastructure, And Service Companies That Listed At Indonesia Stock Exchange). Procedia - Social and Behavioral Sciences, 211(September), 348–355. https:// doi.org/10.1016/j.sbspro.2015.11.045
Atmadja, G. B. D., Irmadariyani, R., & Wulandari, N. (2019). Pengaruh Pengungkapan Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan (Studi Empiris pada Perusahaan yang Terdaftar di Indeks SRIKEHATI Bursa Efek Indonesia). e-Journal Ekonomi Bisnis dan Akuntansi, 6 (2), 127-134.
Bagh, T., Khan, M. A., Azad, T., Saddique, S., & Khan, M. A. (2017). The corporate social responsibility and firms’ financial performance: evidence from financial sector of Pakistan. International Journal of Economics and Financial Issues, 7(2), 301-308.
Batra, R., & Bahri, A. (2018). Financial PerFormance and corPorate Social reSPonSibility (cSr): emPirical evidence From bankS in india. International Journal of Business Ethics in Developing Economies, 7(2), 37.
Deegan, C. (2002). Introduction: The legitimising effect of social and environmental disclosures–a theoretical foundation. Accounting, auditing & accountability journal.
Ehsan, S., Nazir, M. S., Nurunnabi, M., Khan, Q. R., Tahir, S., & Ahmed, I. (2018). A multimethod approach to assess and measure corporate social responsibility disclosure and practices in a developing economy. Sustainability (Switzerland), 10(8). https://doi.org/10.3390/su10082955
Harahap, S.S. (2008), Critical Analysis of Financial Statements, PT. Raja Grafindo Persada, Jakarta.
Husnan, A., & Pamudji, S. (2013). Pengaruh Corporate Social Responsibility (CSR Disclosure) Terhadap Kinerja Keuangan Perusahaan. Diponegoro Journal Of Accounting, 773-780.
Jensen, M.C. and Meckling, W.H. (1976), “Theory of the firm: managerial behavior, agency costs and ownership structure”, Journal of Financial Economics, Vol. 3 No. 4, pp. 305-360.
Kim, W. S., & Oh, S. (2019). Corporate social responsibility , business groups and financial performance : a study of listed Indian firms. Economic Research-Ekonomska Istraživanja, 32(1), 1777–1793. https:// doi.org/10.1080/1331677X.2019.1637764
Lentner, C., Szegedi, K., & Tatay, T. (2015). Corporate social responsibility in the banking sector. Pénzügyi Szemle/Public Finance Quarterly, 60(1), 95-103.
Levine, R. (2005). Finance and growth: theory and evidence. Handbook of economic growth, 1, 865-934.
Mahrani, M., & Soewarno, N. (2018). The effect of good corporate governance mechanism and corporate social responsibility on financial performance with earnings management as mediating variable. Asian Journal of Accounting Research, 3(1), 41–60. https://doi.org/10.1108/AJAR-06-2018 -0008
Omur, G. A. (2012). CSR in the Service Sector : a Case Study From Turkey. 4(2), 11–20.
Platonova, E., Asutay, M., Dixon, R., & Mohammad, S. (2018). The Impact of Corporate Social Responsibility Disclosure on Financial Performance: Evidence from the GCC Islamic Banking Sector. Journal of Business Ethics, 151(2), 451–471. https://doi.org/10.1007/s10551-016-3229-0
Purnaningsih, D. (2018). Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (BEI).
Siregar, S., Andriansyah, Y., & Rangkuti, K. (2021). The Perception Of Red Chili Farmers On The Implementation Of Pt. Inalum's Csr (Coorporate Social Responbility) Program In The Village Of Lubuk Cuik Distric Of Lima Puluh, Batu Bara Regency. JASc (Journal of Agribusiness Sciences), 4(2), 43-52.
Sheehy, B., & Feaver, D. (2014). Anglo-American directors' legal duties and CSR: prohibited, permitted or prescribed. Dalhousie LJ, 37, 345.
Sung Kim, W., & Oh, S. (2019). Corporate social responsibility, business groups and financial performance: a study of listed Indian firms. Economic researchEkonomska istraživanja, 32(1), 1777-1793.
Syahnaz, Melisa. 2013. “Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan Perbankan”. Jurnal Ilmiah Mahasiswa FEB. Vol.1 No. 2.
Szegedi, K., Khan, Y., & Lentner, C. (2020). Corporate social responsibility and financial performance: Evidence from Pakistani listed banks. Sustainability (Switzerland), 12(10), 1–19. https://doi.org/10.3390/SU12104080
Yamak, S., & Süer, Ö. (2005). State as a stakeholder. Corporate Governance: The international journal of business in society
Refbacks
- There are currently no refbacks.
Jurnal Akun Nabelo : Jurnal Akuntansi Netral, Akuntabel, Objektif is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License