Siti Maimunah, Yahya Senawat, Srihadi Winarningsih, Zarkasyi, Ida Farida, Abdul Gafur

Judul	:	The Effects of Corporate Social Responsibility on Financial Performance on Indonesian Public Listed Tobacco Companies
Abstrak	:	This research is aimed at examining the effect of Corporate Social Responsibility (CSR) information reveal in company annual report on company financial performance. CSR is proxies in independent variable which are Economy performance (X1), Environment Performance (X2) and Social Performance (X3). On the other hands, financial performance is proxies by four dependent variable which are Current Ratio (Y1), Debt Ratio (Y2), Net Profit Margin (Y3) and Return on Assets (Y4) on tobacco listed in Indonesia Stock Exchange. Research method used is panel data analysis using EViews 9 software. Purposive sampling is chosen and three companies are used as the sample. Data used in this research is annual financial report of tobacco sub Sector Companies that have been audited in 2010-20117 period. Based on the examination report CSR can only explain one of four financial performance measurements, that is Debt Ratio around 62.6%. Meanwhile for other financial performance measurement such as Current Ratio, Net Profit Margin and Return on Assest, CSR has not been able to explain. All and all it can be concluded that CSR activity cannot quite describe company’s financial performance. It can be seen through hypothesis testing result (test-F, test-t) as well as the measurement of data panel model goodness as in determination coefficient (R-Square). The next research should add more indicators of the latest CSR, other variables beside of CSR and longer period of research. Keywords: Corporate social responsibility, current ratio, debt ratio, net profit margin, return on assets
Tahun	:	2018	Media Publikasi	:	Jurnal Internasional
Kategori	:	Jurnal	No/Vol/Tahun	:	6 / 4 / 2018
ISSN/ISBN	:	-
PTN/S	:	Universitas Padjajaran	Program Studi	:	AKUNTANSI (D3)
Bibliography	:	Branco, M. C., & Rodrigues, L. L. (2008). Factors influencing social responsibility disclosure by portuguese companies. Journal of Business Ethics, 83(4), 685-701. doi:https://doi.org/10.1007/s10551-007-9658-z Carroll, A. B., & Shabana, K. M. (2010). The business case for corporate social responsibility: A review of concepts, research and practice. International Journal of Management Reviews, 12(1), 85-105. doi:https://doi.org/10.1111/ j.1468-2370.2009.00275.x Dianita, M. (2015). Role of the internal auditor influence and good corporate governance in banking financial performance against state owned corporation. International Journal of Business and Administrative Studies, 1(4), 176- 179. doi:https://doi.org/10.20469/ijbas.10006-4 Fahmi, I. (2013). Organizational behavior theory, applications, and cases. Bandung, Indonesia: Alfabeta. Fahmi, I. (2015). Strategy and application management. Bandung, Indonesia: Alfabeta. Global Reporting Initiative. (2012). Public sector sustainability reporting. Retrieved from https://bit.ly/2Gc2wzM (accessed on 14 July, 2017) Hang, H. T. T. (2015). The effect of capital structure on corporate performance: Evidence in Vietnam. International Journal of Business and Administrative Studies, 1(2), 68-77. doi:https://doi.org/10.20469/ijbas.10004-2 Ikatan Akuntan Indonesia. (1998). Financial accounting standards. Retrieved from https://bit.ly/2rcDQQL (accessed on 14 June, 2016) Jennifer Ho, L.-C., & Taylor, M. E. (2007). An empirical analysis of triple bottom-line reporting and its determinants: Evidence from the United States and Japan. Journal of International Financial Management & Accounting, 18(2), 123-150. doi:https://doi.org/10.1111/j.1467-646x.2007.01010.x Ketsiri, K., & Pajongwong, P. (2016). Knowledge and understanding of accountants toward rules for calculating net income for corporate income tax by section 65 ter in Thailand. International Journal of Business and Economic Affairs, 1(1), 67-73. doi:https://doi.org/10.24088/ijbea-2016-11009 Kotler, P., & Lee, N. (2008). Corporate social responsibility: Doing the most good for your company and your cause. New York, NY: John Wiley & Sons. Mohamed, W. S., & Arafa, I. M. (2016). Investigating corporate social responsibility disclosure by banks from institutional theory perspective. Journal of Administrative and Business Studies, 2(6), 280-293. doi:https:// doi.org/10.20474/jabs-2.6.3 Republic Indonesia. (2007). Limited liability law no. 40. Retrieved from https://bit.ly/2MDt4LF (accessed on 14 July, 2008) Reverte, C. (2009). Determinants of corporate social responsibility disclosure ratings by Spanish listed firms. Journal of Business Ethics, 88(2), 351-366. doi:https://doi.org/10.1007/s10551-008-9968-9 Servaes, H., & Tamayo, A. (2013). The impact of corporate social responsibility on firm value: The role of customer awareness. Management Science, 59(5), 1045-1061. doi:https://doi.org/10.1287/mnsc.1120.1630 Velasques, M. (2012). Business ethics. New Jersey, NJ: Pearson. Yoo, J., Lee, M. K., & Lee, W. S. (2016). Asymmetrical corporate responses to economic information: Applying the firm size effect. Journal of Administrative and Business Studies, 2(1), 29-34. doi:https://doi.org/10.20474/jabs-2.1.4 Yusuf, E. Z., Williams, L., & Yuwono, Y. (2007). Marketing management: Indonesian case study. Lembaga Manajemen Pusat Pengembangan Manajemen (PPM): Penerbit Pusat.
URL	: