ABSTRACT: CSR implementation
and impact on social and financial performance have been long debated. This
study used 108 samples of textile and its products companies in Central Java
Province employing Stratified Random Sampling method based ISO certification
ownership. Data analysis used Structural Equation Modelling (SEM), utilized
AMOS 16.0. Prior to hypothesis examination, data validity and reliability as
well as model appropriateness were examined. This study suggested the
hypothesis to examine the relationship among corporate stakeholder strategy,
social capital, CSR implementation, corporate social performance, and corporate
financial performance as research variables. The result of the study showed
that: corporate stakeholder strategy intensity may improve social capital
building; social capital as an unique characteristics of firms may stimulate
CSR implementation better and may achieve corporate social performance better;
commitment and consistency of CSR implementation are likely to make corporate
financial performance better; and there is no relationship between corporate
social performance and corporate financial performance.
Keywords: social capital, CSR,
stakeholder theory, corporate social performance and corporate financial
performance
Penulis: Edy Rahardja,
Djumilah Zain, Ubud Salim, Mintarti Rahayu
Kode Jurnal: jpmanajemendd110099
Atau download gratis di bawah ini:
Artikel Terkait :
