ANALISIS PENGARUH CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PERUSAHAAN DENGAN MANAJEMEN LABA SEBAGAI VARIABEL PEMODERASI
Abstract: The aim of this
research is to find empirical proof about the effect CSR on corporate financial
performance and the effect CSR on corporate financial performance in the future
that moderated by earning management. CSR disclosure by GRI G3 is used as the proxy
of CSR activity, ROE is used as the proxy of financial performance and
discretionary accruals by The Modified Jones model is used as the proxy of
earning management practices.
Sample used in this research were 27 companies participated on Indonesia
Sustainability Reporting Award (ISRA) during 2009-2011 and listed on Indonesia
Stock Exchange (IDX) over 2008-2010. The analysis methods of this research use
simple regression analysis for hypothesis 1 and multiple regression analysis
with the Absolute Residual Method for hypothesis 2.
The results of this research show that CSR has no significant influence
on corporate financial performance. The analysis with the moderating variable
Absolute Residual Method shows that earning management moderate in relation between
CSR and corporate financial performance and it shows negative significant
influence.
Keywords: Corporate Social
Responsibility, earnings management, corporate financial performance
Penulis: Destia Kusuma,
Muchamad Syafruddin
Kode Jurnal: jpakuntansidd141176
