PERAN INTELLECTUAL CAPITAL DALAM MEMPREDIKSI PENGUNGKAPAN TANGGUNGJAWAB SOSIAL PERUSAHAAN
ABSTRACT: Not many researches
have been undertaken in regard to find a correlation between Intellectual
Capital (IC) and Corporate Social Responsibility (CSR) disclosure, so this
study investigates those association. This study uses Pulic model (VAICTM) of a
measure of IC component is that proxies with physical capital (VACA), human
capital (VAHU), and the structural capital (STVA). Data are drawn from 37 of
listed companies on Indonesian Stock Exchange included in the Kompas 100 list
for the fiscal year of 2012. It is an empirical study using PLS for the data
analysis. The result showsthat VAICTMinfluences negatively to CSR disclosure.
This finding is contrary with the hypothesisFrom the three indicator that make
up the VAICTM, VAHU and VACA can explain the construct of the VAICTMsignificantly,
but STVA is not proved significantly. The hypothesis expressing the financial
performance (ROA, ATO, and MB) and the size of companies (F SIZE) is a
moderating variabel for the association between VAICTMand CSR disclosure is not
proven by its truth. Whereas one of
interaction construct from
the one of
company’s financial performance dimension that is ROA*VAICTMproved have
positive impact to the association between VAICMwith CSR disclosure.
Keywords: VAICTM, intellectual
capital, CSR disclosure, physical capital, human capital, structural capital
Penulis: Ratnaningrum dan
Muhammad Nasron
Kode Jurnal: jpmanajemendd140522
