ANALISIS GRANGER CAUSALITY TERHADAP KINERJA SOSIAL DAN KINERJA KEUANGAN PERUSAHAAN

ANGGRAENI, Ayu Septi and KISWARA, Endang (2011) ANALISIS GRANGER CAUSALITY TERHADAP KINERJA SOSIAL DAN KINERJA KEUANGAN PERUSAHAAN. Undergraduate thesis, Universitas Diponegoro.

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Abstract

This study aims to analyze the causal relationship between corporate social performance and financial performance, which refers to study by Makni, Francoeur, dan Bellavance (2008). In addition, this study also aims to analyze are there any significant social perormance differences between domestic companies and multinational companies operating in Indonesia, which refers to study by Fauzi (2008). This study only tests the differences of CSP between domestic companies and multinational companies simultaneously, contrary with study by Fauzi (2008) which also tested the differences of CSP partially . This study used quantitative method to financial statement of manufacturer industry that listed in Bursa Efek Indonesia period 2008-2009. Total samples in this study are 34 companies which contains of 17 domestic companies and 17 multinational companies, that selected with purposive sampling method. The examinations of hypothesis method using the difference t-test and double linear regretion. Result of this study in line with the result of study by Fauzi (2008) that indicate there is no significant differences CSP (Corporate Social Performace) between domestic companies and multinational companies operating in Indonesia, it means that the result of this study supports the social impact hypothesis by Preston and O’Bannon (1997). In addition, this study indicate that CSP causes all of the proxy of financial performance (ROA, ROE, and EPS). Although this study found any significant relationship between CSP to financial performance ROE. The result of this study is different with the study by Makni, Francoeur, and Bellavance (2008) that supported trade-off hypothesis, and in the part the negative synergy hypothesis.

Item Type:Thesis (Undergraduate)
Additional Information:multinational, corporate social performance, corporate financial performance, causality
Uncontrolled Keywords:multinational, corporate social performance, corporate financial performance, causality
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Accounting
ID Code:28816
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:01 Aug 2011 08:17
Last Modified:01 Aug 2011 08:17

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