The Role of Corporate Social Responsibilities (CSR) in Maximizing the Firm’s Profitability for Sustainable Competitive Advantage

Samidi, Sudarmawan; Hakim, Lukman; Nurfadilah, Dety

doi:10.9756/iajbm/v6i1/1910027

Cited by 1 publication

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“…Businesses have a responsibility to society in return for the benefits and profits they receive. The purpose of CSR is not only to focus on maximizing profits, but also to expand the company's responsibilities to various related parties, including investors, consumers, communities, employees, and the environment (Samidi et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

The Effect of Cash Flow and CSR Moderated by Corporate Governance

Wardana,

Mutyarawati,

Purwidyasari

et al. 2023

J. Keuang. dan Perbank.

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This study analyzes and examines the effect that cash flow has on financial distress and corporate social responsibility through moderation by the role of corporate governance. The sample of companies applied is manufacturing companies in Indonesia and listed on the Indonesia Stock Exchange with the period 2019-2021. The samples that fit the criteria were found to be 44 companies. The data obtained through purposive sampling and using secondary data from the annual report published by each company. The results of this study indicate that financial distress t-1 has a positive effect on financial distress significantly. corporate social responsibility does not affect financial distress. Corporate governance has a positive effect on financial distress significantly. Cash flow has a negative and significant effect on financial distress. Leverage has a negative and significant effect on financial distress. Asset tangibility does not affect financial distress. Corporate governance moderates the effect of corporate social responsibility on financial distress.DOI: 10.26905/jkdp.v27i4.10685

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Section: Introductionmentioning

confidence: 99%