PENGARUH CORPORATE SOCIAL RESPONSIBILITY (CSR), LEVERAGE, DAN UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN

Abstract

This research aimed to examine the effect of Corporate Social Responsibility (CSR), leverage, and firm size on financial performance. Moreover, the research was quantitative. The population was the telecommunication service companies that were listed on Indonesia Stock Exchange (IDX) during 2017-2021. Furthermore, the data collection technique used purposive sampling. In line with that, there were 9 companies as the sample. In total, there were 40 data observations of companies’ financial statements. Additionally, the data analysis technique used multiple linear regression. The research results concluded that (a) Corporate Social Responsibility (CSR) had a positive effect on financial performance since CSR had higher activities. Therefore, there was a contribution in improving companies’ profitability; (b) Leverage did not affect financial performance as the number of liabilities was higher than equity. While the profit took did not increase higher than its liabilities; (c) firm size did not affect financial performance because the companies fewer optimized their assets. As the result, the return was not maximum.