The Influence of Financial Performance and Institutional Ownership on Disclosure of Corporate Social Responsibility: Empirical Study of The Companies Listed on Indonesia Stock Exchange in 2012
Abstract: This research aims
to determine whether the financial performance as measured by Debt to Equity Ratio,
Current Ration and
Return on Assets
and institutional ownership
have a significant effect on the
disclosure of Corporate Social Responsibility. This research used corporate
social disclosure index (CSDI) as an indicator of Corporate Social
Responsibility disclosure by using the
Global Reporting Initaatives (GRI).
Research method used
is descriptive and
verification method. Population
in this research was
categorized as high-profile
companies that were
listed on the
Indonesia Stock Exchange in
2012 totaling 189
companies. The sampling
technique used was
random sampling technique with
iteration. The result
was a company
that became the
research sample as many
as 46 companies.
The data used
in this study
was a secondary
data obtained through the
study of the
documentation to get
a company's annual
report data form samples,
idx statistics and
Indonesian Capital Market
Directory (ICMD) in
2012. Data analysis used
multiple regressions. Classical
assumption test used
before regression of that
includes normality test,
heteroscedasticity,
multicollinearity and
autocorrelation. It also examined the hypothesis with
the t-test and
F-test to examine
the influence of independent variables to the dependent
variable. The result of
data anlaysis indicated
that Debt to
Equity Ratio and
Current Assets were partially no significant effect on the
disclosure of Corporate Social Responsibility. Return on Assets
and Institutional Ownership
partially significant effect
on the disclosure
of Corporate Social Responsibility (CSR). And Debt to Equity Ratio,
Current Assets, Return On Assset and
Institutional Ownership simultaneously significant
effected on the disclosure of Corporate Social
Responsibility (CSR).
Author: Dwi Puryati
Journal Code: jpmanajemengg130086
