Kinerja Perusahaan dan Corporate Social Responsibility: Peran Moderasi dari Perusahaan Keluarga
DOI:
https://doi.org/10.37253/gfa.v6i1.6544Keywords:
CSR, Firm Performance, Family Firm, ModeratingAbstract
Purpose - Corporate Social Responsibility (CSR) can be defined as a commitment and form of action taken by a company regarding social responsibility and the surrounding environment with the aim of improving the welfare of people's lives and strengthening relationships between stakeholders. The purpose of this study is to examine the relationship between firm performance and CSR moderated by family firm variables and firm size, leverage, and equity ownership concentration as control variables.
Research Method - The sample used in this research is quantitative data with a purposive sampling technique. Based on the criteria, the number of samples collected is 240 samples from 48 companies in the period 2016-2020. The sample data is tested using panel data regression.
Findings - The result of this study indicates that there is a significant negative relationship between the firm performance variable on CSR. The moderating variable, family firm, strengthens the relationship between firm performance and CSR.
Implication - The findings of this study imply that the higher the firm performance and profits obtained from stakeholders, the company must also be more serious in paying attention to CSR issues, implement and disclose them following the demands of stakeholders instead of exploiting them more. Stakeholders must pay more attention, especially to family companies. Policymakers to evaluate existing regulations of CSR. They should encourage the implementation and disclosure of CSR in Indonesia, which will be beneficial for stakeholders and the company itself.
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References
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Purnamasari, L., & Masyithoh, S. (2016). Pengaruh size , profitabilitas , dan leverage terhadap Corporate Social Responsibility (CSR) disclosure. Jurna Ilmu Akuntansi, 1(1), 77–90.
Rahayu, P. dan I. A. (2015). Pengaruh kepemilikan saham publik, profitabilitas dan media terhadap pengungkapan tanggung jawab sosial. Accounting Analysis Journal, 4(3), 1–9. https://doi.org/10.15294/aaj.v4i3.8300
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Retnaningsih, H. (2015). Permasalahan corporate social responsibillity (CSR) dalam rangka pemberdayaan masyarakat. Aspirasi, 6(2), 177–188.
Rindawati, M., & Asyik, N. (2013). Pengaruh profitabilitas, ukuran perusahaan, leverage, dan kepemilikan publik terhadap pengungkapan corporate social responsibility (CSR). Jurnal Ilmu & Riset Akuntansi, 4(6), 2–5.
Rosdwianti, M. K., Dzulkirom, M. A., & Z.A, Z. (2016). Pengaruh corporate social responsibility (CSR) disclosure terhadap profitabilitas perusahaan. Jurnal Ekonomi Akuntansi Dan Manajemen, 19(1), 1. https://doi.org/10.19184/jeam.v19i1.15436
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Yoon, B., & Chung, Y. (2018). The effects of corporate social responsibility on firm performance: A stakeholder approach. Journal of Hospitality and Tourism Management, 37(October), 89–96. https://doi.org/10.1016/j.jhtm.2018.10.005
Zeng, T. (2020). Corporate social responsibility (CSR) in Canadian family firms. Social Responsibility Journal, 17(5), 703–718. https://doi.org/10.1108/SRJ-12-2019-0410
Agustin, I. T., & Taswan. (2017). Pengaruh konsentrasi kepemilikan, struktur modal, likuiditas, dan profitabilitas terhadap return saham. Jurnal Bisnis Dan Ekonomi, 24(2), 136–149. http://www.unisbank.ac.id/ojs/index.php/fe7/article/view/3963
Ang, J., Murhadi, W. R., & Ernawati, E. (2020). Pengaruh corporate social responsibility terhadap kinerja keuangan perusahaan dan earning management sebagai variabel moderasi. Journal of Entrepreneurship & Business, 1(1), 11–20. https://doi.org/10.24123/jerb.v1i1.2820
Arjanggie, A. R. (2015). Pengaruh profitabilitas dan umur perusahaan terhadap pengungkapan tanggung awab sosial perusahaan studi empiris pada perusahaan industri dasar dan kimia yang terdaftar di bursa efek indonesia. Diponegoro Journal of Accounting, 4(3), 496–506.
Atmadja, G. B. D., Irmadariyani, R., & Wulandari, N. (2019). Pengaruh pengungkapan corporate social tesponsibility terhadap Kinerja keuangan perusahaan (studi empiris pada perusahaan yang terdaftar di indeks SRI-KEHATI bursa efek indonesia). E-Journal Ekonomi Bisnis Dan Akuntansi, 6(2), 127. https://doi.org/10.19184/ejeba.v6i2.11156
Barnas, A. N., Hapsari, D. W., & Yudowati, S. P. (2016). Pengaruh profitabilitas dan ukuran perusahaan terhadap pengungkapan corporate social responsibility (studi empiris pada perusahaan subsektor makanan dan minuman yang terdaftar di bursa efek indonesia tahun 2011-2014). E-Proceeding Of Management, 3(2), 1566–1571.
Campopiano, G., & Massis, A. (2015). Corporate social responsibility reporting: A content analysis in family and non-family firms. Journal of Business Ethics, 129(3), 511–534. https://doi.org/10.1007/s10551-014-2174-z
Detik.com. (2022). DPRD sulsel minta kontrak PT Vale tak lanjut: 50 tahun hanya sisakan masalah! https://www.detik.com/sulsel/berita/d-5981892/dprd-sulsel-minta-kontrak-pt-vale-tak-lanjut-50-tahun-hanya-sisakan-masalah
Dewi, P. A. C., & Sedana, I. B. P. (2019). Pengaruh profitabilitas, ukuran perusahaan, dan leverage terhadap pengungkapan corporate social responsibility. E-Jurnal Manajemen Universitas Udayana, 8(11), 6618. https://doi.org/10.24843/ejmunud.2019.v08.i11.p12
Fiedler, F. E. (2015). Effectiveness. American Behavioral Scientist, 24(5), 619–632. https://doi.org/https://doi.org/10.1177/000276428102400503
Indraswari, G. A. D., & Astika, I. B. P. (2017). Pengaruh profitabilitas, ukuran perusahaan, dan kepemilikan saham publik terhadap pengungkapan CSR. E-Jurnal Akuntansi Universitas Udayana, 1, 450.3-451. https://doi.org/10.1136/annrheumdis-2017-eular.3008
Janra, D. M. (2015). Pengaruh kepemilikan manajerial, leverage, profitabilitas, dan ukuran perusahaan terhadap pengungkapan informasi pertanggungjawaban sosial perusahaan (studi empiris pada perusahaan manufaktur yang terdaftar di BEI Tahun 2010-2013). E-Jurnal Akuntansi Universitas Negeri Padang, 3(1), 15. http://ejournal.unp.ac.id/students/index.php/akt/article/view/1611
Madden, L., McMillan, A., & Harris, O. (2020). Drivers of selectivity in family firms: Understanding the impact of age and ownership on CSR. Journal of Family Business Strategy, 11(2), 100335. https://doi.org/10.1016/j.jfbs.2019.100335
Nekhili, M., Nagati, H., Chtioui, T., & Rebolledo, C. (2017). Corporate social responsibility disclosure and market value: Family versus nonfamily firms. Journal of Business Research, 77(July 2016), 41–52. https://doi.org/10.1016/j.jbusres.2017.04.001
Novaridha, I. A., Indrawati, N., & L, A.-A. (2017). Pengaruh kepemilikan institusional, ukuran perusahaan dan profitabilitas terhadap elemen-elemen integrated reporting. Jurnal Online Mahasiswa Fakultas Ekonomi, 4(1), 1–13.
Oh, W. Y., Chang, Y. K., & Jung, R. (2019). Board characteristics and corporate social responsibility: Does family involvement in management matter? Journal of Business Research, 103(May), 23–33. https://doi.org/10.1016/j.jbusres.2019.05.028
Pramiana, O., & Anisah, N. (2018). Implementasi corporate social responsibility (CSR) dalam prespektif shariah enterprise theory. Eksis, 13(2), 1–14. https://ejournal.stiedewantara.ac.id/index.php/001/issue/view
Purnamasari, L., & Masyithoh, S. (2016). Pengaruh size , profitabilitas , dan leverage terhadap Corporate Social Responsibility (CSR) disclosure. Jurna Ilmu Akuntansi, 1(1), 77–90.
Rahayu, P. dan I. A. (2015). Pengaruh kepemilikan saham publik, profitabilitas dan media terhadap pengungkapan tanggung jawab sosial. Accounting Analysis Journal, 4(3), 1–9. https://doi.org/10.15294/aaj.v4i3.8300
Respati, R. D., & Hadiprajitno, P. B. (2015). Perusahaan , tipe industri , dan pengungkapan media terhadap pengungkapan corporate social responsibility. Diponegoro Journal of Accounting, 4, 1–11.
Retnaningsih, H. (2015). Permasalahan corporate social responsibillity (CSR) dalam rangka pemberdayaan masyarakat. Aspirasi, 6(2), 177–188.
Rindawati, M., & Asyik, N. (2013). Pengaruh profitabilitas, ukuran perusahaan, leverage, dan kepemilikan publik terhadap pengungkapan corporate social responsibility (CSR). Jurnal Ilmu & Riset Akuntansi, 4(6), 2–5.
Rosdwianti, M. K., Dzulkirom, M. A., & Z.A, Z. (2016). Pengaruh corporate social responsibility (CSR) disclosure terhadap profitabilitas perusahaan. Jurnal Ekonomi Akuntansi Dan Manajemen, 19(1), 1. https://doi.org/10.19184/jeam.v19i1.15436
Rudangga, I. G. N. G., & Sudiarta, G. M. (2016). Pengaruh ukuran perusahaan, leverage, dan profitabilitas terhadap modal intelektual perusahaan. E-Jurnal Manajemen Universitas Udayana, 5(7), 4394–4422.
Tang, S., & Fiorentina, F. (2021). PENGARUH KARAKTERISTIK PERUSAHAAN, KINERJA PERUSAHAAN, DAN MANAGEMENT ENTRENCHMENT TERHADAP MANAJEMEN LABA. Jurnal Ekonomi Bisnis Dan Kewirausahaan, 10(2), 121. https://doi.org/10.26418/jebik.v10i2.47461
Wati, E., & Malik, A. Q. (n.d.). Corporate Social Responsibility and Earnings Management: The Moderating Role of Corporate Governance. In Journal of Accounting Research (Vol. 4, Issue 3). www/http/jurnal.unsyiah.ac.id/JAROE
Widiawan, I. G. A. R., Purnamawati, I. G. A., & Julianto, I. puto. (2017). Pengaruh consumer proximity, media exposure, dan profitability terhadap corporate social responsibiity (Csr) disclosure perusahaan di Indonesia. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi UNDIKSHA), 8(2), 1–12. https://ejournal.undiksha.ac.id/index.php/S1ak/article/view/12168
Wijaya, R. (2019). Analisis perkembangan return on assets (ROA) dan return on equity (ROE) untuk mengukur kinerja keuangan. Jurnal Ilmu Manajemen, 9(1), 40. https://doi.org/10.32502/jimn.v9i1.2115
Wu, X., Dluhošová, D., & Zmeškal, Z. (2021). Corporate social responsibility and profitability: The moderating role of firm type in Chinese appliance listed companies. Energies, 14(1). https://doi.org/10.3390/en14010227
Yoon, B., & Chung, Y. (2018). The effects of corporate social responsibility on firm performance: A stakeholder approach. Journal of Hospitality and Tourism Management, 37(October), 89–96. https://doi.org/10.1016/j.jhtm.2018.10.005
Zeng, T. (2020). Corporate social responsibility (CSR) in Canadian family firms. Social Responsibility Journal, 17(5), 703–718. https://doi.org/10.1108/SRJ-12-2019-0410
