PENGARUH LEVERAGE, LIKUIDITAS DAN RISK MINIMIZATION TERHADAP PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY

Abstract

This research aimed to determine the effect of leverage, liquidity, and risk minimization on corporate social responsibility disclosure at manufacturing companies in the Indonesia Stock Exchange. Furthermore, the sample collection technique of this research used a purposive sampling method to have samples by the research variable criteria. Furthermore, the research population used manufacturing companies listed on Indonesia Stock Exchange (IDX) from 2017 until 2019. Moreover, based on the criteria, it obtained 180 observations at 60 companies during three years. Meanwhile, this research used causal-comparative research with a quantitative approach. The analysis method of this research used multiple linear regression analysis. Moreover, the result of this research showed that Leverage was proxy with Debt to Equity Ratio (DER) did not affect on the disclosure of Corporate Social Responsibility, Liquidity was proxy with Current Ratio (CR) had a positive effect on the disclosure of Corporate Social Responsibility, Risk Minimization (RM), which was proxied by the presence or absence of the company's risk management committee, affected corporate social responsibility disclosure.
Keywords: leverage, liquidity, risk minimization, disclosure of corporate social responsibility