PENGARUH CORPORATE SOCIAL RESPONSIBILITY, STRUKTUR MODAL DAN KINERJA LINGKUNGAN TERHADAP EARNING RESPONSE COEFFICIENT

Abstract

This research aimed to examine Corporate Social Responsibility (CSR, Capital Structure (DER) and Enviroment performance (KL) on Earning Response Coefficient (ERC) of manufacturing companies which were listed on Indonesia Stock Exchange (IDX). The research quantitative. While, the population was manufacturing companies which were listed on Indonesia Stock Exchange during 2014-2018 Moreover, the data collection technique used purposive sampling in which the sample was based on certain criteria. This technique uses certain considerations for determining the sample and obtained as many as 37 companies for 5 years as many as 185 firm years. Eurthermore the instrument in data collection technique used observation and documentation of companies financial statement. Additionally, the data analysis technique used multiple linear regression. The research result concluded Corporate Social Responsibility (CSR) had posiyive effect on Earning Response Coefficeint (ERC). Meanwhile, capital structure had negative effect on Earning Response Coefficeint (ERC) On the other hand enviroment performance did not affect Earning Response Coefficient (ERC) of manufacturing companies
Keywords: CSR, capital structure, environment performance, ERC