ANALISIS PENGARUH CORPORATE SOCIAL RESPONSIBILITY PADA KINERJA KEUANGAN DENGAN MANAJEMEN LABA SEBAGAI VARIABEL PEMODERASI

Abstract

This study aims to obtain empirical evidence on the effect of earnings management on Corporate Social Responsibility activities and the impact of earnings management and Corporate Social Responsibility on the financial performance of manufacturing companies. This study used 40 companies listed on the Indonesia Stock Exchange during the period 2011-2015. Sampling technique using purposive sampling. This research uses multiple linear regression. The results of the first hypothesis show that Corporate Social Responsibility does not affect financial performance. The result of the second hypothesis shows that both real and discretionary earnings management do not affect Corporate Social Responsibility. The result of the third hypothesis indicates that the Corporate Social Responsibility associated with practical earnings management affects the financial performance. Still, the Corporate Social Responsibility related to earnings discretionary accruals management does not affect financial performance.