Financial Performance as an Intervening Variable on the Relationship of Corporate Social Responsibility Disclosure and Firm Value: Evidence From Indonesia
- 10.2991/ahsr.k.200723.012How to use a DOI?
- CSR, financial, performance, firm, value
This study aims to analyze and explain the effect of Corporate Social Responsibility (CSR) on firm value, CSR on financial performance, and financial performance as a mediator of the effect of CSR on firm value. Data collection method used in this study is documentation of annual report and Indonesia Capital Market Directory (ICMD) issued by the company. The sampling method using purposive sampling method obtained 23 companies as the final sample. The data analysis used was path analysis. The population of this study is all mining companies listed in Indonesia Stock Exchange over the period 2013–2016. The results show that CSR does not affect on financial performance that measured by return on asset (ROA), CSR affects the financial performance that measured by Return on Sales (ROS), CSR has an effect on firm value that measured by Tobin’s Q, financial performance that measured by ROA as a mediator of the effect of CSR on firm value, ROS does not mediate the effect of CSR on firm value.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - St. Dwiarso Utomo AU - Indri Fatmawati AU - Zaky Machmuddah PY - 2020 DA - 2020/07/24 TI - Financial Performance as an Intervening Variable on the Relationship of Corporate Social Responsibility Disclosure and Firm Value: Evidence From Indonesia BT - Proceedings of the 1st International Conference on Science, Health, Economics, Education and Technology (ICoSHEET 2019) PB - Atlantis Press SP - 53 EP - 56 SN - 2468-5739 UR - https://doi.org/10.2991/ahsr.k.200723.012 DO - 10.2991/ahsr.k.200723.012 ID - Utomo2020 ER -