Corporate Social Responsibility and Financial Performance: Does Ownership Type Matter?

PRAMESTI, DIAH (2018) Corporate Social Responsibility and Financial Performance: Does Ownership Type Matter? Masters thesis, Universitas Sebelas Maret.

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    Abstract

    Despite many studies about CSR and Financial Performance, this study will bring different perspective about ownership influence. The ownership type as moderating variable differentiated as three major: Private Family Firms (PFF), Private Non-family Firms (PFF) and State-owned Enterprises (SOEs). Family firms criteria is at least dominate 20% shares. Besides, criteria for SOEs based from State-Owned Enterprises Law: the capital of which is in part or in whole owned by the state. CSR is measured as dummy variabel from GRI Index. While financial performance is measured by Return on Assets (ROA) and Return on Equity (ROE). The analysis in this study is also considering the type (low or high profile) and size (LN total assets) as control variable. Sample selection in this research based from purpossive sampling method and the result involved 99 companies listed in Indonesia Stock Exchange (IDX). Data source is companies annual report or sustainability report start from 2008 until 2015. The annual report downloaded from company’s official site and IDX’s website. The method of analysis in this study is using Least Squares method. Several results can be concluded from the data analysis: First, CSR positively affects ROA but not affect to ROE. Second, there are no influence between three type of ownership (PFF, PNF and SOEs) and CSR

    Item Type: Thesis (Masters)
    Subjects: H Social Sciences > HG Finance
    Divisions: Pascasarjana > Magister
    Pascasarjana > Magister > Magister Manajemen
    Depositing User: Noviana Eka
    Date Deposited: 20 Jan 2018 06:57
    Last Modified: 20 Jan 2018 06:57
    URI: https://eprints.uns.ac.id/id/eprint/39295

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