Título: Effect of Corporate Social Responsibility Information Disclosure on Financial Performance and Firm Value in Banking Industry Listed at Indonesia Stock Exchange
Autores: Bidhari, Sandhika Cipta
Salim, Ubud
Aisjah, Siti
Fecha: 2013-07-31
Publicador: European Journal of Business and Management
Fuente:
Tipo: info:eu-repo/semantics/article
Peer-reviewed Article
info:eu-repo/semantics/publishedVersion
Tema: No aplica
Descripción: This study aims to analyze and explaining effect of corporate social responsibility information disclosure on financial performance and firm value in banking industry listed at Indonesia Stock Exchange. This study uses quantitative methods with positivism approach. Research objects were 15 banking companies listed at Indonesia Stock Exchange based on population criteria with observation period 2008-2011. This study uses secondary data derived from annual reports and financial statements. Data analysis used was Path Analysis. Research results show corporate social responsibility information disclosure affects on all financial performance measurement namely Return on Assets (ROA), Return on Equity (ROE) and Return on Sales (ROS). Corporate social responsibility information disclosure affect on firm value that measured by Tobin's Q. Financial performance that measured by ROA and ROE affect on firm value that measured by Tobin's Q, but ROS did not affect on firm value that measured by Tobin's Q. Keywords: Corporate Social Responsibility/CSR, financial performance, firm value, banking
Idioma: Inglés