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All Journal Journal of Social Science Journal of Social Science
Vinenda Juane Takasanakeng
Magister Program in Accounting Faculty of Economics Maranatha Christian University Bandung, Indonesia
Religion Humanities Chemistry Education Environmental Science Immunology & microbiology Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Physics Social Sciences Other

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Relationship Between Social Responsibility and Financial Performance: Evidence from Indonesia Destiya Dwi Ambarwati; Mulianto Mulianto; Vinenda Juane Takasanakeng; Weismann Immanuel Sigalingging
Journal of Social Science Vol. 3 No. 1 (2022): Journal of Social Science
Publisher : Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jss.v3i1.280

Abstract

This empirical theoretical study investigates the two-way relationship between corporate social responsibility and financial performance in Indonesian businesses. The theoretical underpinning for the conceptual model is based on agency, stewardship, resource reliance, and stakeholder theory. The social behavior index is made up of four components: participation in global reporting initiatives, inclusion of Green Index firms, good compliance, Corporate Governance Recommendations, and signatories to the Global Compact. The study's findings reveal a positive relationship in both directions: social benefits and positive feedback that social policies increase financial resources. Increased financial success, on the other hand, boosts the social and economic benefits of enacting rules that encourage board-level components to seriously consider spending more money. As a result, this research motivates social behavior members to contribute globally to the betterment of society
Relationship Between Social Responsibility and Financial Performance: Evidence from Indonesia Destiya Dwi Ambarwati; Mulianto Mulianto; Vinenda Juane Takasanakeng; Weismann Immanuel Sigalingging
Journal of Social Science Vol. 3 No. 1 (2022): Journal of Social Science
Publisher : Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (336.677 KB) | DOI: 10.46799/jss.v3i1.280

Abstract

This empirical theoretical study investigates the two-way relationship between corporate social responsibility and financial performance in Indonesian businesses. The theoretical underpinning for the conceptual model is based on agency, stewardship, resource reliance, and stakeholder theory. The social behavior index is made up of four components: participation in global reporting initiatives, inclusion of Green Index firms, good compliance, Corporate Governance Recommendations, and signatories to the Global Compact. The study's findings reveal a positive relationship in both directions: social benefits and positive feedback that social policies increase financial resources. Increased financial success, on the other hand, boosts the social and economic benefits of enacting rules that encourage board-level components to seriously consider spending more money. As a result, this research motivates social behavior members to contribute globally to the betterment of society
Co-Authors Destiya Dwi Ambarwati Mulianto Mulianto Weismann Immanuel Sigalingging