PENGARUH PENGUNGKAPAN CSR DAN KINERJA LINGKUNGAN TERHADAP KINERJA KEUANGAN DENGAN KEPEMILIKAN ASING SEBAGAI VARIABEL MODERASI
Financial performance becomes a matter of great concern to an investor but must also take into account the social and environmental responsibilities of the company. This study aims to analyze the effect of CSR disclosure and environmental performance on financial performance with moderation of foreign ownership. Respondents of this research are manufacturing companies listed on the BEI 2011 - 2015 and registered in PROPER in 2011 - 2015. The number of samples of 85 companies is taken based on Purposive Sampling technique. Data collection using documentation method. The data analysis to test the hypothesis using multiple regression is completed with SPSS program.
From the results of this study obtained the conclusion that: Disclosure of CSR has a significant positive effect on financial performance, environmental performance has no effect on financial performance. In addition, this research finds that foreign ownership moderates the effect of CSR disclosure on financial performance with negative direction and can not moderate the influence of environmental performance on financial performance