PENGARUH KINERJA LINGKUNGAN DAN PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA FINANSIAL

Abstract

This research aims to examine the effect of environmental performance and disclosure of corporate social responsibility on the financial performance. While, environmental performance was measured by proper evaluation which published by the Ministry of Environment, disclosure of corporate social responsibility was measured based on the global reporting initiative (gri) that had been suitable with bapepam regulation no. VIII g.2 regarding annual reports and item suitability to be applied in Indonesia, meanwhile financial performance was measured by market value added (mva). The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 90 sample from 18 manufacturing companies which were listed on the Indonesia Stock Exchange 2013-2017. Futhermore, the data analysis technique used multiple linear regression with SPSS version 22 program. The research result concluded environmental performance had negative effect on financial performance, and disclosure of corporate social responsibility has a positive effect on financial performance. Keywords: environmental performance, corporate social responsibility disclosure, financial performance