Pengaruh CSR terhadap Kinerja Keuangan Perusahaan Tekstil dan Garmen yang Terdaftar di BEI

Pandu Pangesti; Judi Budiman

doi:10.55606/jimek.v6i2.10799

Authors

Pandu Pangesti Universitas Islam Sultan Agung
Judi Budiman Universitas Islam Sultan Agung

DOI:

https://doi.org/10.55606/jimek.v6i2.10799

Keywords:

Corporate Social Responsibility, Financial Performance, ROA, ROE, Textile Industry

Abstract

Corporate Social Responsibility (CSR) has gained increasing attention due to its potential to support business sustainability and strengthen relationships with stakeholders. However, previous studies have produced inconsistent findings regarding the impact of CSR on financial performance, particularly within labor-intensive industries such as textiles and garments. These inconsistencies indicate a research gap that requires further examination. This study aims to analyze the effect of CSR disclosure on financial performance measured using Return on Assets (ROA) and Return on Equity (ROE) in textile and garment companies listed on the Indonesia Stock Exchange during the 2020–2023 period. A quantitative approach was employed using multiple linear regression analysis, with Current Asset Ratio, firm size, and leverage included as control variables. The findings reveal that CSR has no significant effect on either ROA or ROE, as indicated by significance values of 0.707 and 0.689, respectively. These results suggest that CSR disclosure in the textile and garment sector has not yet contributed directly to improving corporate profitability.

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