Keterkaitan antara tanggungjawab sosial dengan kinerja dan nilai perusahaan

SUSLIYANTI, Eni Dwi, Dr. Ainun Na'im, MBA

2005 | Tesis | S2 Akuntansi

Penelitian ini bertujuan untuk mengetahui dan membuktikan keterkaitan antara tanggung jawab social dengan kinerja dan nilai perusahaan. Hipotesis yang diajukan adalah: (1) rating tanggung jawab social perusahaan berhubungan secara positif dengan profitabilitas; (2) Ada hubungan positif antara rating tanggung jawab social perusahaan dengan ukuran perusahaan; (3) Ada hubungan negative rating tanggung jawab social dengan resiko; (4) Ada hubungan positif antara rating tanggung jawab social perusahaan dengan rasio price/earning; (5) Ada hubungan positif antara rating tanggung jawab social dengan nilai perusahaan. Sampel penelitian adalah perusahaan yang terdaftar pada pengumuman PROPER KLH 2002-2003 dan listed di Bursa Efek Jakarta (BEJ) periode 1999-2003. Jumlah semua sampel yaitu 22 perusahaan yang terdiri dari 3 jenis industry: pertama, manufaktur, prasarana dan jasa; kedua, pertambangan, energy dan migas; ketiga, pertanian dan kehitanan. Metode statistic yang digunakan adalah analisis uji t dan analisis korelasi Spearman (Spearman’s Rank Correlation). Hasil penelitian menunjukkan bahwa ada hubungan positif yang signifikan antara rating tanggung jawab social perusahaan dengan profitabilitas khususnya pada net profit margin (NPM) (tingkat sig0,04<0,05). Ada hubungan positif antara rating tanggung jawab social perusahaan dengan ukuran perusahaan meskipun tidak signifikan (tingkat sig 0,9>0,05). Ada hubungan negatif antara rating tanggung jawab social perusahaan dengan resiko perusahaan meskipun tidak signifikan (tingkat sig 0,4>0,05). Ada hubungan positif antara rating tanggung jawab social perusahaan dengan rasio price/earing meskipun tidak signifikan (tingkat sig 0,25>0,05). Ada hubungan positif antara rating tanggung jawab social perusahaan dengan nilai perusahaan meskipun tidak signifikan (tingkat sig 0,7>0,05).

This research aims to evidence association between Corporate Social Responsibility and Economic Performance. There are 5 hypothesis suggested in this research. All of hypotheses are asses association between Corporate Social Responsibility and Economic Performance. The research samples are corporate in announcement PROPER of Environment Department period 2003-2004 which are listed on Jakarta Stock Exchange on 1999-2003. They consist of 3 industries; they are first manufacturing, properties and public service. Second is mining, energy, petroleum and gas. Third is agriculture and forestry. Total samples in this research 22 number corporate. PROPER Rating of Environment Department as proxy of Corporate Social Responsibility. Profitability, size, risk, price/earning ratio, and market value as proxy of Economic Performance. Statistics methods used are t test and Spearman’s Rank Correlation. The result show that rating of Corporate Social Responsibility had positive association with profitability especially on net profit margin (NPM) as shown on rate of significance at 0.04 (α 5 %). Rating of Corporate Social Responsibility had positive association with asset as proxy of size, and had negative association with Deviation Standard as proxy of risk, and had positive association with price/earning ratio, and also had positive association with market value but not significance at α 5 %. The result of examination based on 3 industries had same direction with the hypothesis. But examination based on one industry of manufacture, properties and public service industry had different result from examination based on 3 industries which used Spearman’s Rank Correlation and 13 number samples. Rating of Corporate Social Responsibility had positive association with net profit margin (NPM) and return on equity (ROE) as a proxy of profitability, they had rate of significance at α 5 %. Rating of Corporate Social Responsibility had positive association too with price/earning ratio and significance at α 5 % but had negative association with market value (different hypothesis direction). It had same result when used t-test examination.

Kata Kunci : Kinerja Keuangan, Tanggungjawab Sosial, Rating Corporate Social Responsibility, Economic Performance, Spearman’s Rank Correlation.