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Implementation of Corporate Social Responsibility Based on Triple Bottom Line Concepts on the Company s Financial Performance: Empirical Studies in Manufacturing and Mining Companies

Author

Listed:
  • Hilmi Hilmi

    (Departement of Accounting, Faculty of Economics and Business, University of Malikussaleh Lhokseumawe-Aceh, Indonesia,)

  • Wahyudin Zarkasyi

    (Departement of Accounting, Faculty of Economics and Business, Universitas of Padjadjaran, Indonesia.)

  • Memed Sueb

    (Departement of Accounting, Faculty of Economics and Business, Universitas of Padjadjaran, Indonesia.)

  • Nanny Dewi Tanzil

    (Departement of Accounting, Faculty of Economics and Business, Universitas of Padjadjaran, Indonesia.)

Abstract

The purpose of this study is to examine how the influence of corporate social responsibility performance on corporate financial performance which is measured by the concept of 3P (Profit, People, Planet) seen from the company's sustainability report while the company's financial performance is measured by using ratio finance (current ratio, debt to equity ratio, total assets turnover, and return on equity). The population used in this research is manufacturing and mining company in BEI Year 2013-2018, the sample taken is companies that publish financial statements, annual reports, sustainability reports or corporate social responsibility reports that can be accessed through the company website or on the website of BEI (www.idx.co.id). Research findings indicate that the performance of corporate social responsibility affects the financial performance of the manufacturing and mining companies.

Suggested Citation

  • Hilmi Hilmi & Wahyudin Zarkasyi & Memed Sueb & Nanny Dewi Tanzil, 2021. "Implementation of Corporate Social Responsibility Based on Triple Bottom Line Concepts on the Company s Financial Performance: Empirical Studies in Manufacturing and Mining Companies," International Journal of Economics and Financial Issues, Econjournals, vol. 11(2), pages 12-18.
    • Handle: RePEc:eco:journ1:2021-02-2
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    References listed on IDEAS

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    Cited by:

    1. Ali Shakir Zaidan & Khai Wah Khaw & Chew XinYing & Alhamzah Alnoor & Yuvaraj Ganesan & Abdullah Mohammed Sadaa, 2023. "Influence of Organizational Contingencies on Financial Performance: Mediating Role of Crisis Management," Central European Business Review, Prague University of Economics and Business, vol. 2023(2), pages 37-59.

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    More about this item

    Keywords

    Triple Bottom Line; mining companies; manufacturing companies; Financial Performance.;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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