Telaah Bisnis
Vol 14, No 1 (2013): Juli 2013

Pengaruh Pengungkapan Corporate Social Responsibility terhadap Cost Of Equity Perusahaan

Mitta Ariyani (Alumni Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana)
Yeterina Widi Nugrahanti (Fakultas Ekonomika dan Bisnis Universitas Kristen Satya Wacana)

Article Info

Publish Date
24 Jun 2016


AbstractThe purpose of this study is to investigate the effect of Corporate Social Responsibility (CSR) Disclosure on Cost of Equity Capital. CSR disclosure index is measured based on Global Reporting Initiative standards, while Cost of Equity Capital is measured by Capital Asset Pricing Model (CAPM). This study uses manufacturing companies which is listed on Indonesia Stock Exchange (IDX) in 2010. By purposive sampling, this research obtained 72 companies as a samples. The control variables used are financial leverage and firm size. Multiple regression analysis by SPSS 16 was run for testing the hypothesis. The result show that CSR disclosure and financial leverage have no effect to Cost of Equity. Then, firm size have positive effect to Cost of Equity.

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Journal Info





Economics, Econometrics & Finance


TELAAH BISNIS is a scientific journal published by Sekolah Tinggi Ilmu Manajemen (STIM) YKPN Yogyakarta, for the purpose of information media which examines issues relating to the management, accounting, business and the general ...