Pengaruh Corporate Social Responsibility (CSR) terhadap Kinerja Keuangan Perusahaan

Abstract

This study aimed to examine the effect of Corporate Social Responsibility on financial performance with variable control SIZE and IND. Corporate Social Responsibility is measured using global reporting initiative (GRI) 4. Financial performance is measured using return on asset and return on equity. Moreover this study used sample public listed companies in indonesian stock exchange (IDX) in period 2011-2015. Furthermore, this study used data analysis techniques using panel data regression analysis and sampling method used purposive sampling. The result of this study has shown that Corporate Social Responsibility has no positive effect on financial performance. In conclusion Corporate Social Responsibility no positive effect on financial performance, so the future study has to add financial performance which are have to measured NPM (Net Profit Margin) and EPS (Earning Per Share). The contribution of CSR to the company to make corporate social responsibility as a business strategy so that it can be a competitive advantage of companies that can provide positive implications on the company.