The Effect of Leverage, Corporate Social Responsibility (CSR), Capital Structure, and Intellectual Capital on Financial Performance of Companies

Ninggih Annisa Daniswara, Indra Kusumawardhani, Windyastuti Windyastuti

Abstract


The main purpose of the entity is to increase the value of the entity itself. The increase in the value of the entity is of course also directly proportional to the increase in the performance of an entity. One of the values of a company can be seen from its financial performance. The goal of this research is to find out the effect of leverage, corporate social responsibility (CSR), capital structure, and intellectual capital on financial performance of companies. The sample consisted of 67 respondents which are listed in the Kompas 100 Index for the period 2017 - 2019. In this research, purposive sampling was used to select the sample. To analyze the data, researchers were using multiple linear regression analysis. The results show that intellectual capital and leverage both affect company’s financial performance. On the other hand, capital structure and CSR have no effect on company’s financial performance.


Full Text:

PDF

References


Azis, A., & Hartono, U. (2017). Pengaruh Good Corporate Governance, Struktur Modal, Dan Leverage Terhadap Kinerja Keuangan Perusahaan Pada Sektor Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2015. Jurnal lmu Manajemen, 5(3), 1–13.

Barlian, R. S. (2003). Manajemen Keuangan (Edisi 5). Yogyakarta: Literata Lintas Media.

Bontis, W.C.C. Keow, S. Richardson. (2000). “Intellectual capital and business performance in Malaysian industriesâ€. Journal of Intellectual Capital. Vol. 1 No. 1. pp. 85-100.

Brigham, Eugene, F., & Houston. (2006). Fundamental of Financial Management (Buku 2, Ed). Salemba Empat.

Gantino, R. (2016). Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia periode 2008-2014. Jurnal Dinamika Akuntansi dan Bisnis, 3(2), 19–32. https://doi.org/10.24815/jdab.v3i2.5384

Ghozali, I. (2016). Aplikasi Analisis Multivariete IBM SPSS 23 (Edisi 8). Semarang: Badan Penerbit Universitas Diponegoro.

Isbanah, Y. (2015). Pengaruh Esop, Leverage, and Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan Di Bursa Efek Indonesia. Jurnal Riset Ekonomi dan Manajemen, 15(1), 28. https://doi.org/10.17970/jrem.15.150103.id

Putri, A., & Dewi, A. (2017). Pengaruh Good Corporate Governance, Ukuran Perusahaan, dan Leverage terhadap Kinerja Keuangan Pernankan yang Terdaftar di BEI 2012-2016. Journal of the Chemical Society, Faraday Transactions, 86(1), 11–16.

Romadhoni, & Sunaryo, H. (2017). Pengaruh Struktur Modal Terhadap Kinerja Keuangan Perusahaan Manufaktur Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2016. Jurnal Reset Manajemen, 06.

Sari, Maya., & Wardani, TUK. (2021). The Effect of Good Corporate Governance on Corporate Social Responsibility in Real Estate Companies Listed on The Indonesia Stock Exchange. Journal of International Conference Proceedings, 9(1), 23-31.

Sembiring, E. R. (2005). Karakteristik Perusahaan dan Pengungkapan Tanggung Jawab Sosial: Studi Empiris pada Perusahaan yang Tercatat di Bursa Efek Indonesia. Universitas Katolik St. Thomas.

Soelistyoningrum, J. N., & Prastiwi, A. (2011). Pengaruh Pengungkapan Sustainability report terhadap Kinerja Keuangan: Studi Empiris pada Perusahaan yang Terdaftar dalam Bursa Efek Indonesia. Jurnal Akuntansi Universitas Diponegoro Semarang.

Sudarmadji, A. M. dan Lana Sularto, (2007). “Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, dan Tipe Kepemilikan Perusahaan Terhadap Luas Voluntary Disclosure Laporan keuangan Tahunan â€, Jurnal PESAT (Psikologi, Ekonomi, Sastra, Arsitek & Sipil), Volume 2, Universitas Gunadarma, Jakarta.

Sugiarto. (2009). Struktur Modal, Struktur Kepemilikan Perusahaan, Permasalahan Keagenan dan Informasi Asimetri. Yogyakarta: Graha Ilmu.

Wibowo, I., & Faradiza, S. A. (2014). Dampak Pengungkapan Sustainability Report terhadap Kinerja Keuangan dan Pasar Perusahaan (SNA 17). Mataram Lombok.

Wijayani, D. R. (2017). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan Publik Di Indonesia (Studi Empiris Pada Perusahaan Manufaktur di BEI 2012-2014). Jurnal Riset Akuntansi Dan Bisnis Airlangga, 2(1), 97–116. https://doi.org/10.31093/jraba.v2i1.23

Yaparto, M., Frisko, D., & Eriandani, R. (2013). Corporate Social Responsibility. Jurnal Ilmiah Mahasiswa Universitas Surabaya, 2(1), 29–47. https://doi.org/10.1111/j.1467-8608.1992.tb00173.x




DOI: https://doi.org/10.32535/jicp.v4i3.1352

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Ninggih Annisa Daniswara, Indra Kusumawardhani, Windyastuti Windyastuti

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Flag Counter

Published by:

AIBPM Publisher

Editorial Office:

JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:+62 341 366222
Email: journal.jicp@gmail.com
Website:http://ejournal.aibpmjournals.com/index.php/JICP

Supported by: Association of International Business & Professional Management

If you are interested to get the journal subscription you can contact us at admin@aibpm.org.

ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)

DOI:Prefix 10.32535 by CrossREF

Journal of International Conference Proceedings (JICP) INDEXED:

 

In Process


This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.