IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxy2017i3ap360-369.html
   My bibliography  Save this article

Firm Size, Firm Age, and Firm Growth on Corporate Social Responsibility in Indonesia: The Case of Real Estate Companies

Author

Listed:
  • Waluyo Waluyo

Abstract

This research is aimed to identify the firm's Corporate Social Responsibility, stock index, and firm growth. The corporate social responsiveness of the company is measured by analyzing the annual report of the company. There are 30 samples of 49 population of property and real estate companies in this research. All the companies are listed in Indonesia Stock Exchange in the period 2012 - 2016. The researcher uses multiple linear regression analysis. The result shows that firm size, firm age and firm growth have simultaneous significant effects to the Corporate Social Responsibility disclosure. Partially, the firm size has significant effect towards Corporate Social Responsibility disclosure. This shows the more extensive disclosure of Corporate Social Responsibility. Because large companies have a lot of entities highlighted by the market and the public in general. By disclosing more information in the Corporate Social Responsibility disclosure the public accountability can be realized. Older companies better understand what information should be disclosed in the disclosure. The firm growth has no significant effect on Corporate Social Responsibility disclosure.

Suggested Citation

  • Waluyo Waluyo, 2017. "Firm Size, Firm Age, and Firm Growth on Corporate Social Responsibility in Indonesia: The Case of Real Estate Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 360-369.
  • Handle: RePEc:ers:journl:v:xx:y:2017:i:3a:p:360-369
    as

    Download full text from publisher

    File URL: http://ersj.eu/dmdocuments/2017-xx-4-a-25.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. I.A. Ivanova & M.V. Bikeeva, 2016. "Corporate Social Responsibility: Specificity, Formation Mechanism, Estimation of Management Efficiency," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 167-184.
    2. Dody Hapsoro & Tulus Suryanto, 2017. "Consequences of Going Concern Opinion for Financial Reports of Business Firms and Capital Markets with Auditor Reputation as a Moderation Variable - An Experimental Study," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 197-223.
    3. Irma Setyawati & Sugeng Suroso & Tulus Suryanto & Dini Siti Nurjannah, 2017. "Does Financial Performance of Islamic Banking is better? Panel Data Estimation," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 592-606.
    4. Kanellos Toudas & Athanasios Bellas, 2014. "Corporate Governance and its Effect on Firm Value and Stock Returns of Listed Companies on the Athens Stock Exchange," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 58-80.
    5. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    6. Antonios Rovolis & Konstantinos Liapis & Stella Spilioti, 2014. "A Capital Structure Financial Analysis and Unmeasured Effect of each Countries Regime: the Real Estate Companies (REITS)," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 57-71.
    7. Hani El-Chaarani, 2017. "The Mutual Impacts of Corporate Governance Dimensions and Legal Protection Systems on the Performance of European Banks: A Post-Crisis Study," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 538-567.
    8. Eleni N. Giannakopoulou & Eleftherios I. Thalassinos & Theodoros V. Stamatopoulos, 2016. "Corporate governance in shipping: an overview," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(1), pages 19-38, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chukwuebuka Victor Onovo & Prof. Uche Lucy Onyekwelu & Prof. Chike Nwoha, 2023. "Effect of Corporate Charcteristics on Triple Bottom Line Reporting of Quoted Commercial Banks in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(7), pages 150-166, July.
    2. Khoa Dang Duong & Ai Nhan Ngoc Le & Diep Van Nguyen & Hoa Thanh Phan Le, 2023. "Impact of Ownership Structure and Business Diversifications on the Risk-Taking Behaviors of Insurance Companies in Vietnam," SAGE Open, , vol. 13(3), pages 21582440231, August.
    3. Van Huong, Vu & Mai, Yong & Hau, Bui Duc & Cuong, Ly Kim & Van Dao, Le, 2023. "Do firm characteristics in their local context promote corporate ecological and social responsibility? Evidence from a multi-hierarchical analysis," International Review of Economics & Finance, Elsevier, vol. 85(C), pages 722-743.
    4. Yuyang Wang, 2020. "The Drivers of Firm Growth: Firm Size Effect," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 9(1), pages 1-2.
    5. Yongfeng Zhang & Peng Wang & Jongwook Kwon, 2021. "CSR in China: Does Being Close to the Central or Local Government Matter?," Sustainability, MDPI, vol. 13(16), pages 1-12, August.
    6. Christian Danisch, 2021. "The Relationship of CSR Performance and Voluntary CSR Disclosure Extent in the German DAX Indices," Sustainability, MDPI, vol. 13(9), pages 1-20, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Galina Alekseevna Bunich & Elina Ildarovna Abdyukova & Anna Aleksandrovna Sysoeva & Vladimir Sergeevich Akopov, 2017. "Bank Factoring: Russian and International Practice," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 334-349.
    2. Peter J. Baldacchino & Chantelle Camilleri & Simon Grima & Frank H. Bezzina, 2017. "Assessing Incentive and Monitoring Schemes in the Corporate Governance of Maltese Co-operatives," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 177-195.
    3. Wahyu Murti, 2017. "The Impact of the Global Stock Market and the Foreign Exchange Market on Domestic Financial Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 99-111.
    4. Munawarah & Muhammad Din & Fatlina Zainuddin & Harjum Muharam, 2017. "What Effects Do Privatisation Policies Have on Corporate Governance of State-Owned Enterprises?," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 124-132.
    5. S. Wahyudi & I.R.D. Pangestuti & R.D. Laksana & Hersugondo & Robiyanto, 2018. "Corporate Social Responsibility on SKI KEHATI Index Corporate Performance: A Case Study," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 93-104.
    6. repec:ers:journl:v:vi:y:2018:i:4:p:93-104 is not listed on IDEAS
    7. I.M. Podmolodina & V.P. Voronin, 2017. "Corporate Culture as a Tool of Adaptation of TNC to the Russian Economic Conditions," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 239-249.
    8. Prihatin Tiyanto Priagung Hutomo & Emiliana Sri Pudjiarti, 2018. "Corporate Governance and HRM Practice on Consumption Product Sector Listed in Indonesia Stock Exchange," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 132-142.
    9. Leo Vashkor Dewri, 2022. "A Critical Assessment of Interrelationship Among Corporate Governance, Financial Performance, Refined Economic Value Added to Measure Firm Value and Return on Stock," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2718-2759, December.
    10. Vitaliy Vasilievich Biryukov & Elena Vasilievna Romanenko, 2017. "Economic Behavior of Business Entities, Culture and Institutions: Specifics of their Interrelations in Conditions of Neo-Industrialization," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 370-385.
    11. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:480-492 is not listed on IDEAS
    12. Hadri Mulya & Herbayu Prabowo, 2018. "The Impact of Sustainability Reports toward the Firm Value," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 637-647.
    13. repec:ers:ijebaa:v:v:y:2017:i:1:p:83-99 is not listed on IDEAS
    14. La Ode, Sumail, 2018. "Corporate governance and dividend payout ratio in non-financial firms listed in Indonesian Stock Exchange," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(4), pages 851-861, August.
    15. Mehmet Levent Erdaş & Emel Bachá Sımoes, 2020. "The Relationship between Audit Mechanisms and Dividend Payout Policy within the Framework of Corporate Governance: The Case of Turkey," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 62(62), pages 255-284, December.
    16. Diana Dmitrievna Burkaltseva & Oleg Valerievich Boychenko & Olga Sergeevna Sivash & Nicholas Maksimovich Mazur & Snezhana Anatolyevna Zotova & Aleksey Valeryevich Novikov, 2017. "The Construction of the Digital Organizational, Social and Economic Production Mechanism in the Agro-industry," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 350-365.
    17. Mehmet Levent Erdaş & Emel Bachá Sımoes, 2020. "The Relationship between Audit Mechanisms and Dividend Payout Policy within the Framework of Corporate Governance: The Case of Turkey," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 62(0), pages 255-284, December.
    18. Arthur J. Lin & Hai-Yen Chang & Brian Hung, 2022. "Identifying Key Financial, Environmental, Social, Governance (ESG), Bond, and COVID-19 Factors Affecting Global Shipping Companies—A Hybrid Multiple-Criteria Decision-Making Method," Sustainability, MDPI, vol. 14(9), pages 1-29, April.
    19. E.A. Blinova & M. Gregoric & E.A. Dedusenko & M.M. Romanova, 2018. "Corporate Social Responsibility in Tourism: International Practices," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 636-647.
    20. Mochamad Soelton & Yanto Ramli & Dewi Anggraini & Danny Khosasi, 2020. "Implementing Good Corporate Governance to Engage Corporate Social Rerponsibility in Financial Performance," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 239-258.
    21. Hani El-Chaarani & Zouhour El-Abiad, 2019. "Analysis of Capital Structure and Performance of Banking Sector in Middle East Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 9(2), pages 1-11.
    22. repec:ers:journl:v:vi:y:2018:i:4:p:3-13 is not listed on IDEAS
    23. I.Khajar & H. Hersugondo & U. Udin, 2018. "Antecedents and Outcomes of Corporate Governance: Evidence from Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 480-492.
    24. Vicky Zampeta, 2015. "The Impact of Corporate Governance and the Cost of Capital in Shipping," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 8(2), pages 19-34, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xx:y:2017:i:3a:p:360-369. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.