PENGARUH PENGUNGKAPAN TANGGUNG JAWAB SOSIAL (CSR disclosure) PERUSAHAAN TERHADAP KEPEMILIKAN INSTITUSIONAL

Abstract

This study aimed to examine the effect the effect of Corporate Social Responsibility Disclosure (CSRD) to institutional ownership. CSRD measured by summing the scores of the four dimensions CSRD by Golden Hope Plantation Berhad (GHPB). Institutional ownership is measured on the composition of the shareholders of the company. The population in this study consisted of all manufacturing companies listed in Indonesia Stock Exchange in 2012 - 2015. The sampling method in this research is purposive sampling. Criteria for the company is a manufacturing company must have the required data in the study on annual reports, publish the financial statements and annual reports complete during the study period. The number of samples in this study were 60 companies and analysis techniques used were multiple linear regression with SPSS software version 21. The results of the study can be summarized as follows: (1) CSRD have a positive influence and significant impact to institutional ownership, (2) The dimensions of the relationship employees have no significant effect on institutional ownership, (3) The dimensions of the relationship in the community did not have a significant effect to institutional ownership, (4) The dimensions of the product does not have a significant effect on institutional ownership (5) The environmental dimension has a positive and significant impact on institutional ownership.