Economac: Jurnal Ilmiah Ilmu Ekonomi
Vol 3 No 2 (2019): Economac: Jurnal Ilmiah Ilmu Ekonomi Volume 3 Nomor 2 Bulan Oktober 2019

Corporate Social Responsibility And Company Performance

Erni Masdupi (Unknown)
Erni Putri Ayu (Unknown)
Abel Tasman (Unknown)



Article Info

Publish Date
01 Dec 2019

Abstract

The purpose of this research is to analyze the influence of corporate social responsibility and capital structure on financial performance of high-profile company. Population in this study is all high-profile companies listed in Indonesia Stock Exchange (IDX) in the period of 2010-2015. The sample was selected by purposive sampling, hence 225 samples were obtained. This research uses secondary data from Indonesian Capital Market Directory (ICMD) and IDX companies. Structural equation modeling (SEM) is used as statistical tool. The hypothesis measurement model showed better fit as indicated by the goodness of fit indices, and also could fullfill convergent validity which reflected by the significant factor loadings. The structural model of financial perfromance also could reach better fit and it found that corporate social responsibility has a positive and significant effect on financial performance; and the capital structure has a negative and significant influnce on financial performance in high-profile companies listed on the IDX.

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Journal Info

Abbrev

economac

Publisher

Subject

Economics, Econometrics & Finance

Description

ECONOMAC Journal provide opportunities for researchers and practitioners to publish the work in the form of research articles and ideas in the fields of Economics, Management and ...