Pelaksanaan Corporate Social Responsibility (CSR) dan Kinerja Perusahaan Manufaktur di Indonesia
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Abstract
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 kinerja
Keterbaruan/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 performance
Novelty/Value - This study not only measured financial performance by accounting-based (ROA and ROE) but also market-based performance (EVA)
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