Factors that Influence Corporate Social Responsibility Disclosure

Abstract

Corporate Social Responsibility (CSR) is a factor that influences the development and survival of a company. This study aims to analyze several factors that influence disclosure of corporate social responsibility (CSR) by managerial ownership testing, institutional ownership, and public share ownership. The population used is a company registered in the IDX30 index of the Indonesia Stock Exchange during the period 2015-2017, which amounted to 40 companies. The sampling technique uses a purposive sampling technique. The samples taken are 39 samples that meet the criteria of purposive sampling. Data is obtained from annual reports and sustainability reports (if any). This study uses a quantitative approach with multiple linear regression analysis. The results of this study indicate that: first, managerial ownership affects the disclosure of corporate social responsibility; second, institutional ownership does not affect the disclosure of corporate social responsibility; and third, public share ownership affects the disclosure of corporate social responsibility. These results implicate that the internal (management) and the external (public) ownership gave pressure to the company to disclose its CSR