PENGARUH MODAL KERJA, PROFITABILITAS, DAN PERTUMBUHAN PENJUALAN TERHADAP PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY (CSR)

Abstract

This research aimed to examine the effect of work capital, profitability, and sales growth on Corporate Social Responsibility (CSR) disclosure. Work capital was measured by current assets divided by current liabilities, profitability was measured by Return On Equity (ROE), and sales growth was measured by sales growth ratio at present with the previous. Meanwhile, CSR was measured by each company’s exposure divided by total items of disclosure. The research was quantitative. Moreover, the population was Food and Beverage companies listed on the Indonesia Stock Exchange (IDX). The data collection technique used purposive sampling with 17 companies as the sample. Furthermore, the data were taken during 2019-2020. The data analysis technique used multiple linear regression with SPSS 27. The result showed that capital work, profitability, and sales growth did not affect CSR. Additionally, the three independent variables namely work capital, profitability, and sales growth did not directly affect CSR disclosure as those had different focuses within companies. In other words, the companies would still expose their social responsibility, environment, and economy; as it was important to build the reputation, of their image, and also gain customers’ trust in the longterm sustainability.