THE INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE ON FINANCIAL PERFORMANCE WITH INSTITUTIONAL OWNERSHIP AS A MODERATING VARIABLE IN FOOD AND BEVERAGE SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2021-2023

Fathrisya Nur Handayani Biki; Sahmin Noholo; Mentari Rizki Sawitri Pilomonu

doi:10.62567/micjo.v2i2.744

Authors

Fathrisya Nur Handayani Biki UNIVERSITAS NEGERI GORONTALO
Sahmin Noholo UNIVERSITAS NEGERI GORONTALO
Mentari Rizki Sawitri Pilomonu UNIVERSITAS NEGERI GORONTALO

DOI:

https://doi.org/10.62567/micjo.v2i2.744

Keywords:

Corporate Social Responsibility, Institutional Ownership, Financial Performance

Abstract

This study aims to analyze the influence of Corporate Social Responsibility (CSR) disclosure on financial performance, with institutional ownership as a moderation variable. This research was conducted on companies that are members of the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX) during the 2021-2023 period using a quantitative approach. Sample selection was carried out by purposive sampling method, resulting in 39 samples of observation data for three consecutive years. The data analysis technique used is Structural Equation Modeling (SEM) which is operated through the WARP-PLS 7.0 program. The results of this study show that CSR has a positive but not significant effect on financial performance. Institutional ownership has a positive and significant effect on financial performance. Meanwhile, CSR moderated by institutional ownership has a positive and significant effect on financial performance.

Downloads

Download data is not yet available.

References

Agustine, Y. S., & Ratmono, D. (2024). Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan Dengan Kepemilikan Institusional dan Kompensasi Eksekutif Sebagai Variabel Moderating. 13, 1–14.

Akhbar, T., & Yuniarti, N. (2023). Pengaruh Good Corporate Governance dan Pengungkapan Corporate Social Responsibility Terhadap Kinerja Keuangan. Jurnal Manajemen Dinamis, 1(1), 1–8. https://doi.org/10.59330/jmd.v1i1.6

Aning Fitriana, S.E., M. A. (2024). Buku ajar analisis laporan keuangan (M. S. Reza Rahmadi Hasibuan, S.TP. (ed.)). CV. Malik Rizki Amanah.

Dewi, A. L., & Imam Ghozali. (2023). Manajemen Laba, Kepemilikan Institusional, dan Kinerja Keuangan: CSR Variabel Moderasi. 12(1), 1–23.

Ghozali. (2021). Metode Penelitian Kuantitatif, Kualitatif, dan R&D.

Ilham Dermawan Rusmiati, Dirvi Surya Abbas, Hamdani Hamdani, D. R. (2022). Pengaruh Debt Maturity, Dewan Komisaris, Kepemilikan Institusional, Efesiensi Investasi Terhadap Kinerja Keuangan.

Kasmir. (2019). Analisis laporan keuangan (12th ed.). Rajawali Pers.

Khamainy, A. H., & Laras Asih, D. N. (2019). Pengungkapan Corporate Social Responsibility (CSR) dan Kinerja Keuangan Perusahaan dengan Pengungkapan Anti Korupsi sebagai Variabel Moderasi. Akmenika: Jurnal Akuntansi Dan Manajemen, 13(2), 271–282. https://doi.org/10.31316/akmenika.v16i2.393

Novta Indra Haryani, C. S. (2023). The effect of board of commissioners size, board of directors size, company size, institutional ownership, and independent commissioners on financial performance. 6.

Rega Ariansyah, Rinny Meidiyustiani, I. R. L. (2023). Pengaruh Ukuran Perusahaan, Kepemilikan Institusional dan Likuiditas Terhadap Kinerja Keuangan Dengan Struktur Modal Sebagai Variabel Moderasi. 1(2), 247–263.

Rychy Tri Kusumardana, Kartika Hendra Titisari, D. I. N. R. (2022). Pengaruh kepemilikan manajerial, kepemilikan institusional, dan ukuran perusahaan terhadap kinerja keuangan.

Safitri, I., & Rahman, T. (2022). Faktor Determinan Pengungkapan Corporate Social Responsibility dengan Kinerja Keuangan sebagai Variabel Mediasi. Jae (Jurnal Akuntansi Dan Ekonomi), 7(2), 63–77. https://doi.org/10.29407/jae.v7i2.17902

Siswantaya, I. G. (2019). Pengaruh Pengungkapan Corporate Social Responsibility Terhadap Kualitas Laba. 34(2), 115–130.

Siti Khodijah, & Syamsul Huda. (2024). Pengaruh CSR Terhadap Kinerja Keuangan Perusahaan Dengan Ukuran Perusahaan Sebagai Variabel Moderating. Edunomic Jurnal Pendidikan Ekonomi, 11(2), 138–147. https://doi.org/10.33603/ejpe.v11i2.21

Sugiyono. (2022). Metode Penelitian Kuantitatif, Kualitatif, dan R&D (cet. 3). Alphabet.

Suwisma, Putri Rais, M. Haykal, R. (2023). Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial dan Pengungkapan Corporate Social Responsibility Terhadap Nilai Perusahaan (Studi Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia 2019-2021). Jurnal Akuntansi Malikussaleh, 2(2), 252–270.

Yusuf Amiyanto Eko Sutrisno, A. R. (2022). Pengaruh Ukuran Perusahaan, Umur Perusahaan, Kepemilikan Institusional, dan Kepemilikan Manajerial Terhadap Kinerja Keuangan Perusahaan.