The Importance of Corporate Social Responsibility and Financial Performance for the Value of Banking Companies in Indonesia

Dwi Ermayanti Susilo, Grahita Chandrarin and Boge Triatmanto

International Journal of Economics & Business Administration (IJEBA), 2019, vol. VII, issue 2, 231-238

Abstract: Purpose: This study aims to determine the influence of the importance of corporate social responsibility and financial performance to the value of banking companies in Indonesia. Design/Methodology/Approach: This research was conducted on 30 companies engaged in Banking in Indonesia listing on JSE 2010-2016. Findings: The results show that corporate social responsibility and financial performance have influenced the value firm of banking companies in Indonesia. Practical Implications: Indonesian banks must strengthen their capital structure and improve efficiency in order to compete with foreign banks. The company's goal is to increase the company's value or the growth of the company. Originality/Value: The results highlighted that the higher the value of corporate social responsibility issued by the company the better the performance of the company, the better the value of firm generated by Indonesian Banking companies.

Keywords: Corporate social responsibility; financial performance; corporate value. (search for similar items in EconPapers)
JEL-codes: M48 M49 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:ijebaa:v:vii:y:2019:i:2:p:231-238

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