PENGARUH FAKTOR FUNDAMENTAL DAN MEKANISME CORPORATE GOVERNANCE TERHADAP PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY

Abstract

When a company has implemented corporate social responsibility, it means there is attention from the company for its surrounding environment, employees and society wealth. There are many factors which affect CSR. Therefore, the research aimed to examine the effect of fundamental factors, namely profitability (ROA), leverage (DER), firm size (SIZE), liquidity (CR), and corporate governance mechanism which consisted of board of council frequency (FRD), independent commissioner board (DKI), audit committee (KMT) and managerial ownership (KM) on the implementation of corporate social responsibility. The population was Property and Real Estate companies which were listed on Indonesia Stock Exchange 2013-2017. While, the data collection technique used purposive sampling. In line with, there were 29 Property and Real Estate companies which were listed on Indonesia Stock Exchange. The research result concluded profitability, leverage, liquidity, independent board commissioner and managerial ownership did not affect the CSR. On the other hand, firm size, board of council frequency and audit committee had affected the CSR.
Keywords: fundamental factor, corporate governance mechanism, corporate social responsibility