PENGARUH PENGUNGKAPAN CSR DAN KINERJA LINGKUNGAN TERHADAP KINERJA KEUANGAN DENGAN KEPEMILIKAN ASING SEBAGAI VARIABEL MODERASI
Abstract: Financial
performance becomes a matter of great concern to an investor but must also take
into account the social and environmental responsibilities of the company. This
study aims to analyze the effect of CSR disclosure and environmental
performance on financial performance with moderation of foreign ownership.
Respondents of this research are manufacturing companies listed on the BEI 2011
- 2015 and registered in PROPER in 2011 - 2015. The number of samples of 85
companies is taken based on Purposive Sampling technique. Data collection using
documentation method. The data analysis to test the hypothesis using multiple
regression is completed with SPSS program.
From the results of this study obtained the conclusion that: Disclosure
of CSR has a significant positive effect on financial performance,
environmental performance has no effect on financial performance. In addition,
this research finds that foreign ownership moderates the effect of CSR
disclosure on financial performance with negative direction and can not
moderate the influence of environmental performance on financial performance
Keywords: CSR disclosure,
environmental performance, foreign ownership, financial performance, agency
theory, stakeholder theory
Penulis: Sri Kawuri, Riana
Sitawati, Sam’ani
Kode Jurnal: jpmanajemendd180010
