Financial Performance, Intellectual Capital and Corporate Social Responsibility Disclosure in the Manufacturing Sector

Ayu Ambang Lestari, Lilik Handajani, Eni Indriani

2018

Abstract

The objective of this study is to examine “the influence “of corporate social responsibility disclosure in “the manufacturing sector on financial performance with intellectual capital as an intervening variable. “The data used in this study “is secondary data taken “from the annual report year 2013-2015 of “manufacturing companies listed on the Indonesia Stock Exchange. This study also explored sensitivity analysis by testing lag t and t + 1. The sample in this research is 102 companies which are determined based on purposive sampling method. The results based on simple regression analysis and path analysis “showed that the disclosure “of corporate social responsibility has a significant and “positive influence on financial performance. However, “disclosure of corporate social responsibility has no influence “on “intellectual capital and intellectual capital has no influence “on the financial “performance. The result also found “that corporate social responsibility disclosure has no indirect “influence on “the financial performance through intellectual capital. Other findings also reveal that the variable control of company characteristics as reflected by company size and industry type has no influence “on financial performance. The result of this study implies “that management “is expected to focus more on corporate social responsibility activities in order to improve company performance and consider the quality and quantity of corporate social responsibility disclosure in the company prospectus so as to reduce information asymmetry. In addition, investors could use this result as a material consideration in analyzing the disclosure of non-financial companies such as disclosure of corporate social responsibility is in making investment decisions.

Paper Citation

in Harvard Style

Lestari A., Handajani L. and Indriani E. (2018). Financial Performance, Intellectual Capital and Corporate Social Responsibility Disclosure in the Manufacturing Sector.In Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB, ISBN 978-989-758-428-2, pages 237-245. DOI: 10.5220/0008783802370245

in Bibtex Style

@conference{irceb18,
author={Ayu Ambang Lestari and Lilik Handajani and Eni Indriani},
title={Financial Performance, Intellectual Capital and Corporate Social Responsibility Disclosure in the Manufacturing Sector},
booktitle={Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,},
year={2018},
pages={237-245},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008783802370245},
isbn={978-989-758-428-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Research Conference on Economics and Business - Volume 1: IRCEB,
TI - Financial Performance, Intellectual Capital and Corporate Social Responsibility Disclosure in the Manufacturing Sector
SN - 978-989-758-428-2
AU - Lestari A.
AU - Handajani L.
AU - Indriani E.
PY - 2018
SP - 237
EP - 245
DO - 10.5220/0008783802370245