The Effect of Corporate Social Responsibility Disclosure and Financial Leverage on Processed Food Industry Companies’ Profitability That Listed at BEI

St. Chairun Annisa Yusran; Haedar Akib; Aris Baharuddin; Andi Aslinda

doi:10.26858/pbar.v4i2.44345

The Effect of Corporate Social Responsibility Disclosure and Financial Leverage on Processed Food Industry Companies’ Profitability That Listed at BEI

St. Chairun Annisa Yusran^(1*), Haedar Akib⁽²⁾, Aris Baharuddin⁽³⁾, Andi Aslinda⁽⁴⁾,

(1) Business Administration Major, Faculty of Social Science and Law, Universitas Negeri Makassar
(2) Business Administration Major, Faculty of Social Science and Law, Universitas Negeri Makassar
(3) Business Administration Major, Faculty of Social Science and Law, Universitas Negeri Makassar
(4) Business Administration Major, Faculty of Social Science and Law, Universitas Negeri Makassar
(*) Corresponding Author

DOI: https://doi.org/10.26858/pbar.v4i2.44345

Abstract

This study aim to determine how Corporate Social Responsibility Disclosure and Financial Leverage which is proxied by Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER) influence company’s Profitability which is proxied by Return on Equity (ROE) either Partially or Simultaneously where Processed Food Companies that registered at IDX 2017-2020 year period become the object of this research. The type of this research is quantitative research. The technique of data collection uses secondary data documentation in the form of annual report. The sample used is the sample that selected using purposive sampling technique which is 4 companies so the annual report that becomes the object is as many as 16 annual reports. The data obtained from the research results were processed using the SPSS version 25 software program which consisted of the Classical Assumption Test, Multiple Linear Regression Analysis, Hypothesis Testing, Correlation Coefficients, and Determination Coefficients.The result of the research showed that the indicators used for each variable indicated that CSR disclosure variable has a significant effect on ROE, DAR and DER doesn’t have significant effect on ROE of processed food companies listed on the Indonesia Stock Exchange period 2017-2020 year period. This is evidenced by the Correlation Test, T Test and F Test, as well as the Coefficient of Determination Test on the data that has been obtained.

Keywords

CSR Disclosure; Financial Leverage, Profitability; Indonesia Stock Exchange

Full Text:

PDF

References

Ashari, M. F. (2017). Pengaruh Leverage Keuangan Terhadap Profitabilitas pada Perusahaan Pariwisata yang Terdaftar di Bursa Efek Indonesia Periode 2011-2015. Universitas Diponegoro.

Aulia, M. S. (2013). Pengaruh Financial Leverage Terhadap Eps Dan Roe Pada Perusahaan Sub Sektor Telekomunikasi yang Terdaftar di Bursa Efek Indonesia. Jurnal Ilmu Administrasi Bisnis, 1(4), 374– 383.

Damaianti, I. (2020). Pengaruh Good Corporate Governance (GCG), Profitabilitas, dan Leverage Terhadap Nilai Perusahaan. Ekonam: Jurnal Ekonomi, Akuntansi & Manajemen, 1(2), 113–123. https://doi.org/10.37577/ekonam.v1i2.216

Global Reporting Initiative. (2012). Sustainability Reporting Guidelines G3. https://www.globalreporting.org/

Harahap, H. P. (2019). Pengaruh Leverage Keuangan terhadap Profitabilitas pada Perusahaan Sektor Makanan dan Minuman yang Sahamnya Tercatat di BEI. Universitas Medan Area.

J.C.V, Horne., & J.M., Machowicz. (2005). Prinsip-Prinsip Manajemen Keuangan Fundamentals of Financial Management (Edisi Ke D). Salemba Empat.

Kasmir. (2009). Pengantar Manajemen Keuangan. Prenada Media Group. Kasmir. (2012). Analisis Laporan Keuangan. Raja Grafindo Persada.

Lako, A. (2011). Dekonstruksi CSR dan Reformasi Paradigma Bisnis dan Akuntasi. Erlangga. Mahapsari, N. R., & Taman, A. (2013). Pengaruh Profitabilitas, Struktur Aktiva, dan Pertumbuhan

Penjualan Terhadap Harga Saham dengan Struktur Modal Sebagai Variabel Intervening pada Perusahaan Manufaktur di Bursa Efek Indonesia. Jurnal Nominal, II(I), 137–158.

Nurmansyah, A. (2006). Corporate Social Responsibility: Isu dan Implementasinya. Kajian Bisnis, 14(1), 86–98.

Prasetyo, A., & Meiranto, W. (2017). Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia periode 2008-2014. Jurnal Dinamika Akuntansi Dan Bisnis, 3(2), 19–32. https://doi.org/10.24815/jdab.v3i2.5384

Priyanka, F. (2013). Pengaruh Pengungkapan Corporater Social Responsibility (CSR) Terhadap Profitabilitas Pada Perusahaan High Profile yang Terdaftar di BEI Periode 2009-2011. Universitas Negeri Yogyakarta.

Putra, A. S. (2015). Pengaruh Corporate Social Responsibility Terhadap Profitabilitas Perusahaan (Studi Empiris pada Bursa Efek Indonesia Tahun 2010-2013). Jurnal Nominal, IV(2), 88–110.

Sugiyono, P. D. (2017). Metode Penelitian Bisnis Pendekatan Kuantitatif, Kualitatif, Kombinasi, dan R&D (Ke-3). Alfabeta.