Determinants of Corporate Social Responsibility in Listed Companies
DOI:
https://doi.org/10.22236/alurban%20_vol2/is1pp43-60Keywords:
Accounting, Corporate Social Responsibility, Legitimacy Theory, Empirical Study, Eviews 8Abstract
The obligation of corporate social responsibility disclosure is growing up from Indonesian ordinance UU No. 40 Year 2007 as required for listed companies for philantrophy and as part of legitimacy act. Based on the requirements, this research conducted to determines empirically the hypothesis of factors that affect disclosure for companies listed in Stock Exchange in 2014 and 2015 using framework GRI G4 as disclosure measurement. The quantitative findings, using regression analysis test and data compliance in model classic assumption test for 22 listed company member of sustainability reporting, showed current ratio, debt to equity, size, institutional ownership and age have significant effects.
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References
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Utomo, M. M. (2000). Social Disclosure Practices on the Company's Annual Report on Indonesia (Comparative Study Between High Profile Companies and Low Profile). Simposium Nasional Akuntansi III. 102.
Waller, D. S., & Lanis, R. (2009). Corporate Social Responsibility (CSR) Disclosure of Advertising Agencies: An Exploratory Analysis of Six Holding Companies' Annual Reports. Journal of Advertising, 38, p109-122.
Aris (2000). Turning Capitalists into a Socialist. Media Accounting No. 7. p23 .
Anggraini, R. R. (2006). Pengungkapan Informasi Sosial dan Faktor-faktor yang Mempengaruhi Pengungkapan Informasi Sosial dalam Laporan Keuangan Tahunan (Disclosure of Social Information and Factors Affecting the Disclosure of Social Information in Annual Financial Reports). Simposium Nasional Akuntansi IX, Padang.
Bayoud, Kavanagh dan Slaughther (2012). Factors Influencing Levels of Corporate Social Responsibility Disclosure by Libyan Firms: A Mixed Study. International Journal of Economics and Finance. University of Southern Queensland (USQ). Australia
Baridwan, Z. (2010). Intermediete Accounting 8th Edition. Yogyakarta: BPFE Yogyakarta.
Belkaoui, A. R. (2006). Accunting Theory 5th Edition. London Thomson Learning.
Bowen FE (2000) Environmental Visibility: A Trigger of Green Organizational Response?. Business Strategy and the Environment 9: p92-107.
Berkovics, D. (2010) Alternative Management Observatory. Majeure Alternative Management. HEC. Paris. p4
Cooper, D. R. & Schindler P. S. (2008). Business Research Methods 10th Edition. New York: McGraw Hill.
Coffey, B. S. & Fryxell, G.E. (1991). Institutional ownership of stock and dimensions of corporate social performance: An empirical examination. Journal of Business Ethics 10. Sternberg. Germany.
Cox, P., Brammer, S. & Millington, A. (2004). An Empirical Examination Of Institutional Investor Preferences For Corporate Social Performance. Journal of Business Ethics No. 52 Vol 1: p27-43. Sternberg. Germany.
Darwin, A. (2006). Akuntabilitas Kebutuhan, Pelaporan dan Pengungkapan CSR bagi Perusahaan di Indonesia (Accountability, Needs, Reporting and Disclosure of CSR for Companies in Indonesia). Economic Business Accounting Review FEUI 3rd Edition. p83-95.
Elkington, J. (1997). Cannibals with Forks : The Tripple Botton Line of 21st Century Business. Oxford. UK. Capstone. p2.
Fauzi, H., Mahoney, L. & Rahman, A. (2007). Institutional Ownership and Corporate Social Performance: Empirical Evidence from Indonesian Companies. Issues in Social and Environmental Accounting Vol 1 No. 2: University of St Andrews. Scotland. p334-347.
Freeman (1984). Corporate Strategy and The Search for Ethic, Prentice Hall Publishing Company. New Jersey, United States. p82.
Field, A. P. (2009). Discovering statistics using SPSS. London: SAGE publications Ltd. p235.
Fitriani (2001). Significant Difference of Completed and Compulsory Disclosure Levels on the Company's Publicly Listed Financial Statements at the Jakarta Stock Exchange. Simposium Nasional Akuntansi IV.
Foster, G. (1986). Financial Statement Analysis, Prentice Hall International Editions, Englewood Cliffs, New Jersey. p334.
Gakenia, N.J. (2011) Factors Influencing Corproate Social Responsibility Programmes Among The Commercial Banks in Kenya. Kenyatta University Journals. Kenyatta University Institutional Repository.
Ghozali, I. (2011). Application of Multivariate Analysis with SPSS Program. Semarang: Badan Penerbit Universitas Diponegoro. p171.
Gitman, L. J. (2009). Principles of Managerial Finance 13th Edition. Boston: Pearson Education Inc. p54.
Graves, S.B. & Waddock, S. A (1994). Institutional Owners And CorpoRate Social Performance. Academy Of Management Journal Vol 37 No. 4: Birmingham. University. England. p1034-1046.
Gujarati & Damodar N. (2003), Basic of Econometrics 5th Edition. New York: Irwin Mcgraw Hill. p220.
Gunawan, Y. (2003). Information Disclosure Analysis Annual Report On Companies Listed In Jakarta Stock Exchange. Simposium Nasional Akuntansi VI. Surabaya.
Global Reporting Initiative (2006). A Common Framework for Sustainability Reporting, CSR Conference. source:http://www.globalreporting.org/ReportingFramework. Accessed July 6, (2009).
Hackston, D. & Milne M. J. (1996). Some Determinants of Social & Environmental Disclosures in New Zealand Companies. Accounting, Auditing & Accountability Journal. Vol. 9 No. 1.
Hartanti, D. (2007), The Effect of Environmental Performance and Environmental Management on Corporate Financial Performance. Working Paper FEUI. Departemen Akuntansi Fakultas Ekonomi Universitas Indonesia.
Hendriksen, Eldon S. & Breda M. F. (2000). Accounting Theory Book 2 5th Edition. Jakarta: Interaksara.
Henny & Murtanto. (2001). Social Disclosure Analysis In Annual Report. Media Riset Akuntansi, Auditing, dan Informasi. AugustVol. 2: p21-47.
Keiso, D. E.; Weygant J. J. & Warfield T. D. (2011). Intermediate Accounting IFRS Edition. New Jersey. John Willey & Sons Inc. p22-58.
Jeurissen R. (2000). Cannibal with Forks: The Triple Bottom Line of 21st Century Business. Journal Business Ethics. Jan 2000;23,2 p229.
Kumalasari, C. D. (2008). Faktor-faktor yang Mempengaruhi Pengungkapan Corporate Social Responsibility (CSR) pada Perusahaan Manufaktur untuk Tahun 2006 (Factors Affecting the Disclosure of Corporate Social Responsibility (CSR) to Manufacturing Companies for 2006). Jakarta. (Unpublished thesis). Institut Bisnis & Informatika Indonesia.
Maksum, A. & Kholis, A. (2003). Analysis of the Importance of Corporate Responsibility and Social Accounting: An Empirical Study in Medan City. Simposium Nasional Akuntansi VI. p938.
Meckling J. (1976). Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Jurnal of Financial Economics. Harvard Business School.
Roitto, A. (2013). Factors Effecting Corporate Social Responsibiity Disclosure Ratings: An Empirical Study of Finnish Listed Companies. Economic Journals. Oulu Business School. Finland.
Saleh, M., Zulkifli, N. & Muhamad, R. (2010). Corporate Social Responsibility Disclosure And Its Relation On Institutional Ownership: Evidence From Public Listed Companies In Malaysia. Managerial Auditing Journal No. 25 Vol 6: p591-613.
Sembiring, E. R. (2005). Financial Performance, Political Visibility, Dependence on Debt and Disclosure of Corporate Social Responsibility. Simposium Nasional Akuntansi VI.
Siagian, D.& Sugiarto (2000). Statistics Methods 1st Edition. Jakarta: PT Gramedia Pustaka Utama. p78.
Sugiyono (2008). Business Research Methods 11th Edition. Bandung. CV Alfabeta. p33.
Thomas, E. G. (2003). Accounting Theory: Contemporary Accounting Issues. Australia: South Western. p64.
Tuanakotta, T. M. (2000). Accounting Theory: Book Two. Lembaga Penerbit Fakultas Ekonomi UI. p16-36.
Utomo, M. M. (2000). Social Disclosure Practices on the Company's Annual Report on Indonesia (Comparative Study Between High Profile Companies and Low Profile). Simposium Nasional Akuntansi III. 102.
Waller, D. S., & Lanis, R. (2009). Corporate Social Responsibility (CSR) Disclosure of Advertising Agencies: An Exploratory Analysis of Six Holding Companies' Annual Reports. Journal of Advertising, 38, p109-122.
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Published
2018-06-30
How to Cite
Gunawan, M. (2018). Determinants of Corporate Social Responsibility in Listed Companies. Al-Urban: Jurnal Ekonomi Syariah Dan Filantropi Islam, 2(1), 43–60. https://doi.org/10.22236/alurban _vol2/is1pp43-60
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