EFFECT OF QUALITY OF CSR DISCLOSURE ON FINANCIAL PERFORMANCE OF MINING COMPANY LISTED IN INDONESIA STOCK EXCHANGE

Main Article Content

Budi Santoso
Yosefa Sayekti
Agung Budi Sulistiyo

Abstract

ABSTRACT

This research was conducted on mining companies listed in Indonesia Stock Exchange in 2012-2015, using qualitative measurement of CSR disclosure. This study aims to examine the effect of CSR disclosure quality on the financial performance of mining companies in BEI through web.IDX. Sampling method in this research is purposive sampling method 100 Mining company. The analyzes used include instrument test data (validity test, reliability test), multiple linear regression analysis, classical assumption test (normality test, multicolinearity test, heteroscedasticity test), and hypothesis test (F test, t test, coefficient of determination). Research Results The quality of CSR disclosure positively affects the accounting performance (ROA) of mining companies in BEI period 2012-2015.

Keywords: Quality of CSR Disclosure, ROA

Article Details

Section
Articles
Author Biography

Budi Santoso, University of Muhammadiyah Jember

FE University of Muhammadiyah Jember

References

BIBLIOGRAPHY

Akpinar, A., Jiang, Y., Gómez-Mejía, L. R., Berrone, P., & Walls, J. L. 2008.Strategic Use Of CSR As A Signal For Good Management. Available at SSRN 1134505.

Ariefianto, M. 2012. Econometrics: Essence and Application by Using Eviews. Jakarta: Erland.

Aupperle, K. E., Carroll, A. B., & Hatfield, J. D. 1985. An Empirical Examination Of The Relationship Between Corporate Social Responsibility And Profitability. Academy of Management Journal, 28 (2), 446-463.

Beretta, S. and Bozzolan, S. (2004a). A framework for the analysis of firm risk communication. The International Journal of Accounting, 39, 265-28

Beest, F. V .; Braam, G. and Boelens S., (2009). Quality of Financial Reporting: measuring qualitative characteristics. Working paper, Radboud University Nijmegen

Berman, S. L., Wicks, A. C., Kotha, S., & Jones, T. M. 1999. Does Stakeholder Orientation Matter? The Relationship Between Stakeholder Management Models and Firm Financial Performance. Academy of Management Journal, 42 (5), 488-506.

Botosan, C. (2004). Discussion of a framework for the analysis of firm risk communication. The International Journal of Accounting, 39 (3), 289-295

Carroll, A. B. 1979. A Three-Dimensional Conceptual Model Of Corporate Performance. Academy Of Management Review, 4 (4), 497-505.

Chariri, Anis and Imam Ghozali. 2012. Accounting Theory Edition 4. Semarang: Diponegoro University Publishing Agency

Chakroun, R. and Hussainey, K. (2014). Disclosure quality in Tunisian annual reports, Corporate Ownership and Control, 11 (4): 58-80

Choi, J. S., Kwak, Y. M., & Choe, C. 2010. Corporate Social Responsibility & Corporate Financial Performance: Evidence From Korea. Australian Journal of Management, 35 (3), 291-311.

Cochran, P. L., & Wood, R. A. 1984. Corporate Social Responsibility And

Financial Performance. Academy of Management Journal, 27 (1), 42-56.

Cokorda G.B.P, 2011, Influence of Corporate Social Responsibility on Price to Book Value with CG variable as Moderation variable, E-journal Economy & Business of UNUD, Vol.2 (5) 2013

Daniri, Achmad. 2008. Standardization of Corporate Social Responsibility

Destia Kusuma, 2014, Influence Analysis of Corporate Social Responsibility to Company's Financial Performance with Profit Management as Moderation variable, Diponegoro Journal of Accounting, Volume 3, Number 1.2014

.

Deegan, Craig. 2002. The Legitimizing Effect of Social And Environmental Disclosure - A Theoritical Foundation. Accounting, Auditing, and Accountability.Vol. 15 No.3

Donaldson, T., & Preston, L. E. 1995. The Stakeholder Theory Of The Corporation: Concepts, Evidence, And Implications. Academy Of Management Review, 20 (1), 65-91.

Eldon S. Hendriksen, 1998, Accounting Theory, Interaksara Publisher, Batam

Fauziah. G, 2016. The Influence of CSR Disclosure to the Company's financial performance on the LQ45 Stock Index. IPB Journal Vol.11 No.1 (52-60)

Flammer, C. 2014. Does Product Market Competition Foster Corporate Social Responsibility? Evidence From Trade Liberalization. Strategic Management Journal

Freeman, R. E. 2010. Strategic Management: A Stakeholder Approach. Cambridge University Press.

Friedman, M. 1970. The Social Responsibility Of Business Is To Its Increase Profits. New York Times Magazine, 13, 32-33

Ghozali, I. 2013. Application of Multivariate Analysis with SPSS Program Issue 7. Semarang: Diponegoro University Publishing Agency.