Ismiyanti, Fitri and Mahadwartha, Putu Anom (2008) Corporate Social Responsibility and Firm Specific Factors. Jurnal Riset Ekonomi dan Manajemen, 8 (3). pp. 215-222. ISSN 1412-1824
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Abstract
The research examines the relationship of corporate social responsibility to several firm specific factors such as profitability (ROA and ROE), firm risk (standard deviation of return), and market value (PE ratio and Q). This research tests three hypotheses which are the positive relationship of CSR to profitability, the negative relationship of CSR to firm risk, and the positive relationship of CSR to market value. The research uses data from PROPER (environmental ministry) and 1994 to 2004 period of analysis with cross-sectional data analysis. The result showed mix result. CSR have statistically insignificant positive relationship between CSR and profitability. CSR have statistically significant negative relationship between CSR and firm risk (support the hypothesis). The result partially support for hypothesis of CSR to market value. CSR have statistically significant positive relationship with PE ratio (support the hypothesis) and statistically insignificant relationship with Q
Item Type: | Article |
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Uncontrolled Keywords: | corporate social responsibility, profitability, risk, market value |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Business and Economic > Department of Management |
Depositing User: | Adpesdam Ubaya |
Date Deposited: | 21 Mar 2012 04:23 |
Last Modified: | 12 Apr 2021 06:25 |
URI: | http://repository.ubaya.ac.id/id/eprint/237 |
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