Pengaruh Corporate Social Responsibility terhadap Kinerja Keuangan Perusahaan dan Earning Management sebagai Variabel Moderasi

Jessica Ang; Werner Ria Murhadi; Endang Ernawati

doi:10.24123/jerb.v1i1.2820

Jessica Ang Management Department, Universitas Surabaya, Indonesia
Werner Ria Murhadi Management Department, Universitas Surabaya, Indonesia http://orcid.org/0000-0002-7297-861X
Endang Ernawati Management Department, Universitas Surabaya, Indonesia

DOI: https://doi.org/10.24123/jerb.v1i1.2820

Abstract Views: 3379 times

PDF Downloads: 3225 times

Keywords: corporate social responsibility, financial performance, earning management

Abstract

This study aims to analyze the effect of corporate social responsibility on a company’s financial performance with earning management as a moderating variable. The variables used in this study are corporate social responsibility, firm age, firm size, leverage, and earning management as moderation variables. This research uses a quantitative approach using multiple linear regression analysis. The target population in this study are all non-financial sector companies listed on the Indonesia Stock Exchange (IDX) in 2014-2018, which amounted to 875 observations. The results showed that corporate social responsibility variable has no significant influence on financial performance. The analysis with moderating variables show that earning management can strengthen the relationship between corporate social responsibility and financial performance.

Keywords: corporate social responsibility, financial performance, earning management

Downloads

Download data is not yet available.

References

Atmadja. (2019). Pengaruh Pengungkapan Corporate Social Responsibility terhadap Kinerja Keuangan: Studi Empiris pada Perusahaan yang Terdaftar di Indeks Sri-Kehati Bursa Efek Indonesia. E-Jurnal Ekonomi Bisnis dan Akuntansi, 6(1), 127-134. DOI:10.19184/ejeba.v6i2.11156.

Crisostomo et al. 2011. Corporate Social Responsibility, Firm Value and Financial Performance in Brazil. Social Responsibility Journal, 7, 295-309. DOI:10.1108/17471111111141549

Dewi, k. & Monalisa. (2016). Effect of Corporate Social Responsibility Disclosure on Financial Performance with Audit Quality as a Moderating Variable. Binus Business Review, 7(2), 149-155.

Fauzi et al. 2007. Institutional Ownership and Corporate Social Performance: Empirical Evidence from Indonesian Companies. Issues in Social and Environmental Accounting. 1(2), 334-347. Available from http://ssrn.com/abstract=1489310

Fombrun et al. 2000. Opportunity Platforms and Safety Nets: Corporate Citizenship and Reputational Risk. Business and Society Review, 105(7), 85-106.

Isbanah Y. 2015. Pengaruh Esop, Leverage, dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan di Bursa Efek Indonesia. Jurnal Riset Ekonomi dan Manajemen, 15(1), 28-41. DOI: 10.17970/jrem.15.150103

Kabir R, HM Thai. 2017. Does Corporate Governance Shape The Relationship between Corporate Social Responsibility and Financial Performance?. Pacific Accounting Review. 29, 227-258. DOI:10.1008/PAR-10-2016-0091

Kumar N, Kaur K. 2016. Firm Size and Profitability in Indian Automobile Industry: An Analysis. Pacific Business Review International. 8(7): 69-78.

Lin YR, XM Fu. 2017. Does Institutional Ownership Influence Firm Performance? Evidence from China. International Review of Economics and Finance. 49, 17-57.

Mahrani M, Soewarno N. 2018. The Effect of Good Corporate Governance Mechanism and Corporate Social Responsibility on Financial Performance with Earning Management as Mediating Variabel. Asian Journal of Accounting Research. 3(1), 41-60. DOI:10.1108/AJAR-06-2018-0008

Margaretha F, Chandra GW. 2018. CSR, Nilai Perusahaan dan Kinerja Keuangan Perusahaan pada Industri Pertambangan dan Manufaktur di Indonesia. Media Riset Akuntansi, Auditing dan Informasi. 14(1). DOI:10.25105/mraai.v14i1.1754

Matthew. 2017. Pengaruh Good Corporate Governance Terhadap Firm Performance Pada Seluruh Sektor Non-Keuangan BEI Periode 2013-2016 [Skripsi]. Surabaya: Universitas Surabaya.

Nyeadi et al. 2018. Corporate Social Responsibility and Financial Performance Nexus: Empirical Evidence From South African Listed Firm. Journal of Global Responsibility. DOI:10.1108/JGR-01-2018-0004

Prior et al. 2008. Are Socially Responsible Managers Really Ethical? Eksploring The Relationship between Earnings Management and Corporate Social Responsibility. Journal Compilation. 16(3).

Rodrigs et al. 2017. Impact of Board Structure on Firm Performance: Evidence from an Emerging Economy. Journal of Asia Business Studies. 11(2), 210-228. DOI:10.1108/JABS-06-2015-0067

Sabatini K, Sudana IP. 2019. Pengaruh Pengungkapan CSR terhadap Nilai Perusahaan dengan Manajerial Laba sebagai Variabel Moderasi. Asia-Pacific Jurnal Ilmiah Akuntansi dan Bisnis. 14(1), 56-69.

Sial et al. 2018. Corporate Social Responsibility, Firm Performance and The Moderating Effect of Earning Management in Chinese Firms. Asia-Pacific Journal of Business. DOI:10.1108/APJBA-03-2018-0051

Wijaya E, Sherly. 2017. Analyze the Effect of CSR on Corporate Financial Performance with Earning Management as Moderating Variable. Bilancia. 1(4), 2549-5704.