Pengungkapan tanggung jawab sosial perusahaan, likuiditas, dan keterbandingan laporan keuangan terhadap kinerja keuangan

Main Article Content

Ernita Hasibuan
Barlia Annis Syahzuni

Abstract

This study aims to analyze the effect of corporate social responsibility, liquidity, and comparability of financial statements on financial performance partially. This research is quantitative research. The object of this research is food and beverage sector companies listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling with the number of samples used as many as 14 companies with the observation period 2018-2021. This study uses multiple linear regression analysis methods, which are processed using SPSS statistical data processing software. it is concluded that the GRI index social responsibility does not have a significant impact on the financial performance of the food and beverage sector. Liquidity proxied by the current ratio is a variable that has a significant positive effect on the financial performance of the food and beverage sector. While the comparability of financial statements proxied by stock returns partially has no significant impact on financial performance in the food and beverage sector.

Article Details

How to Cite
Hasibuan, E., & Syahzuni, B. A. (2023). Pengungkapan tanggung jawab sosial perusahaan, likuiditas, dan keterbandingan laporan keuangan terhadap kinerja keuangan. Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 5(11). Retrieved from https://journal.ikopin.ac.id/index.php/fairvalue/article/view/3200
Section
Articles

References

Alim, W., Ali, A., & Metla, M. R. (2021). The Effect of Liquidity Risk Management on Financial Performance of Commercial Banks in Pakistan. Journal of Applied Economics, 112482, 1–24.

Anwuli, K. (2022). Liquidity And Financial Performance Of Listed Non- Financial Companies In Nigeria. 10(4), 111–122.

Bertuah, E., & Sakti, I. (2019). The Financial Performance and Macroeconomic Factors in Forming Stock Return. Jurnal Riset Manajemen Dan Bisnis (JRMB), 4(1), 511–522.

Bhunia, A., Somnath Mukhuti, S., & Gautam Roy, S. (2018). Financial Performance Analysis-A Case Study. Current Research Journal of Social Sciences, 3(3), 7 Halaman.

Chen, C.-W., Coillins, D. W., Kravet, T., & Mergenthaler, R. D. (2018). Financial Statement Comparability and the Efficiency of Acquisition Decisions. Original Article Financial, 35(1), 164–202. https://doi.org/https://doi.org/10.1111/1911-3846.12380

Eka, N. R., & Endri Endri. (2020). Analysis of Financial Performance of Plantation Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2014-2019 Period. International Journal of Innovative Science and Research Technology, 5(4), 530–537.

Hermuningsih, S., & Rahmawati, A. D. (2022). Integrating Bank Size, Liquidity, And Financial Performance Into Moderating Financial Technology: A Case Study Of Sharia Commercial Banks In Indonesia. 200, 937–948.

Iqbal, N., Ahmad, N., Nadeem, M., & Sciences, H. (2018). Impact of Corporate Social Responsibility on Financial Performance of Corporations : Evidence from Pakistan. International Journal of Learning & Development, 2(November). https://doi.org/10.5296/ijld.v2i6.2717

Juhandi, N., Fahlevi, M., Abdi, M. N., & Noviantoro, R. (2019). Liquidity, Firm Size and Dividend Policy to the Value of the Firm (Study in Manufacturing Sector Companies Listed on Indonesia Stock Exchange). Advances in Economic, Business and Management Research, 100(Icoi), 313–317. https://doi.org/10.2991/icoi-19.2019.53

Lee, D. (2018). Corporate Social Responsibility and Management Forecast Accuracy. Journal of Business Ethics, 140(2), 353–367. https://doi.org/10.1007/s10551-015-2713-2

Mahrani, M., & Soewarno, N. (2018). The effect of good corporate governance mechanism and corporate social responsibility on financial performance with earnings management as mediating variable. Asian Journal of Accounting Research, 3(1), 41–60. https://doi.org/10.1108/AJAR-06-2018-0008

Matar, A., & Eneizan, B. (2018). Determinants of Financial Performance in the Industrial Firms: Evidence from Jordan. Asian Journal of Agricultural Extension, Economics & Sociology, 22(1), 1–10. https://doi.org/10.9734/ajaees/2018/37476

Mehrabanpour, M., Faraji, O., Sajadpour, R., & Alipour, M. (2020). Financial statement comparability and cash holdings: the mediating role of disclosure quality and financing constraints. Journal of Financial Reporting and Accounting, 18(3), 615–637. https://doi.org/10.1108/JFRA-12-2019-0167

Prasetyo, I., Aliyyah, N., Rusdiyanto, Nartasari, D. R., Nugroho, S., Rahmawati, Y., Groda, S. P., Setiawan, S., Triangga, B., Mailansa, E., Prayogi, G. D., Etruly, N., Jazuli, M., Wahyuningsih, N. D., Kusumawati, N. D., Kurniawan, S., Ratri, I. N., Atmojo, W., Sugiarno, Y., … Rochman, A. S. ur. (2021). Impact Financial Performance to Stock Prices: Evidence From Indonesia. Journal of Legal, Ethical and Regulatory Issues, 24(May), 1–11. https://doi.org/10.20944/preprints202104.0795.v2

Putri, A., & Disemadi, H. S. (2022). Legal Strategy To Protect Children’S Educational Rights Through Csr: Why Is It Needed and How Is It Implemented? Legal Spirit, 6(1), 87–99. https://doi.org/10.31328/ls.v6i1.3642

Ragimun, & Widodo, S. (2019). Strategy of Strengthening Food and Beverage Industry in Indonesia. Journa; of Economics and Behavioral Studies, 11(4), 102–110.

Ramzan, M., Amin, M., & Abbas, M. (2021). How does corporate social responsibility affect financial performance, financial stability, and financial inclusion in the banking sector? Evidence from Pakistan. Research in International Business and Finance, 55(August 2020), 101314. https://doi.org/10.1016/j.ribaf.2020.101314

Saefullah, E., Listiawati, L., & Abay, P. M. (2018). Analisis Kinerja Keuangan Menggunakan Rasio Profitabilitas Pada PT Xl Axiata, Tbk Dan PT Indosat Ooredoo, Tbk Periode 2011—2016 Yang Terdaftar Di Bursa Efek Indonesia. Banque Syar’i: Jurnal Llmiah Perbankan Syariah, 4(1), 15–32.

Sameer, I. (2021). Impact of corporate social responsibility on organization’s financial performance: evidence from Maldives public limited companies. Future Business Journal, 7(1), 1–21. https://doi.org/10.1186/s43093-021-00075-8

Sondakh, R. (2019). The effect of dividend policy, liquidity, profitability and firm size on firm value in financial service sector industries listed in Indonesia stock exchange 2015-2018 period. Accountability, 8(2), 91–101. https://doi.org/https://doi.org/10.32400/ja.24760.8.2.2019.91-101

Stallings, M. A. (2018). Financial Statement Comparability and Investor Responsiveness to Earnings News. Journal of Accounting & Finance (2158-3625), 17(4), 73–97.

Steinhofel, E., Galeitzke, M., Kohl, H., & Orth, R. (2019). Sustainability reporting in German manufacturing SMEs. Procedia Manufacturing, 33, 610–617. https://doi.org/10.1016/j.promfg.2019.04.076

Suhardi, R. F., & Fadli, J. A. (2021). The Effect of Good Corporate Governance and Financial Performance on Company Value. Jurnal Ekonomi Manajemen Akuntansi Dan Keuangan, 2, 566–582.

Syahzuni, B. A., & Florencia, S. (2022). Dampak Pengungkapan Tanggung Jawab Sosial Terhadap Profitabilitas Perusahaan. Jurnal Ilmiah Akuntansi Dan Kuangan, 4(3), 133–141. https://doi.org/10.1002/9781119200932.ch9

Thuy, C. T. M., Khuong, N. V., Canh, N. T., & Liem, N. T. (2021). Corporate social responsibility disclosure and financial performance: the mediating role of financial statement comparability. Sustainability (Switzerland), 13(18). https://doi.org/10.3390/su131810077

Wang, F., Zhang, Z., & Xu, L. (2020). Corporate social responsibility and financial statement comparability: Evidence from China. Corporate Social Responsibility and Environmental Management, 27(3), 1375–1394. https://doi.org/10.1002/csr.1890

Widiatmoko, J., Badjuri, A., Irsad, M., & Adhipratama, A. A. (2021). Ownership Structure on Dividend Policy and Its Impact on Firm Value. Advances in Economic, Business and Management Research, 169(Icobame 2020), 405–408. https://doi.org/10.2991/aebmr.k.210311.081

Widyastuti, M. (2019). Analysis Of Liquidity, Activity, Leverage, Financial Performance And Company Value In Food And Beverage Companies Listed On The Indonesia Stock Exchange. International Journal of Economics and Management Studies, 6(5), 52–58. https://doi.org/10.14445/23939125/ijems-v6i5p109

Wijayanti, I., Mawardi, R., & Baso Halim, A. (2020). The Effect of Corporate Social Responsibility Disclosure, Leverage, Firm Size, and Profitability Toward Earnings Response Coefficient. International Journal of Innovation, Creativity and Change. Www.Ijicc.Net, 13(3), 1202–1216.

Yameen, M., Farhan, N. H. S., & Tabash, M. I. (2019). The impact of liquidity on firms’ performance: Empirical investigation from Indian pharmaceutical companies. Academic Journal of Interdisciplinary Studies, 8(3), 212–220. https://doi.org/10.36941/ajis-2019-0019