Indonesian Journal of Business Analytics (IJBA)
Vol. 3 No. 5 (2023): October 2023

Corporate Social Responsibility Practise in Indonesia: The Role of Board Diversity and Corporate Governance

Muhammad Arfani Zaidan (Universitas Muhammadiyah Purwokerto)
Maulida Nurul Innayah (Universitas Muhammadiyah Purwokerto)
Naelati Tubastuvi (Universitas Muhammadiyah Purwokerto)
Arini Hidayah (Universitas Muhammadiyah Purwokerto)



Article Info

Publish Date
23 Oct 2023

Abstract

This study aims to determine the effect of board diversity and corporate governance on corporate social responsibility in consumer non-cyclical companies listed on the Indonesia Stock Exchange. This study uses a purposive sampling method in the consumer non-cyclical companies listed on the Indonesia Stock Exchange, which generated 80 companies or 259 company-year observations during 2019-2021. Testing the research hypothesis in this study using panel data regression model analysis. The analysis techniques carried out in this study are descriptive statistical tests (heteroscedasticity test and autocorrelation test) and hypothesis testing. Based on the results of the three preliminary tests in determining the panel data regression model, this study uses a fixed effect regression model to test the relationship between variables in the regression model. The analysis results prove that gender diversity of directors and audit committees has a positive effect on corporate social responsibility. Meanwhile, the educational background of directors and independent commissioners has no effect on corporate social responsibility. In addition, the nationality diversity of directors has a negative effect on corporate social responsibility.

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Journal Info

Abbrev

ijba

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Indonesian Journal of Business Analytics (IJBA) is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Business Analytics and related fields. IJBA provides an outlet for the increasing flow of interdisciplinary research ...