Financial Performance as an Intervening Variable on the Relationship of Corporate Social Responsibility Disclosure and Firm Value: Evidence From Indonesia

DOI

10.2991/ahsr.k.200723.012How to use a DOI?

Keywords

CSR, financial, performance, firm, value

Abstract

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.

Copyright

© 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/).

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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  -