Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation
This study aimed to determine the effect of Corporate Social Responsibility (CSR) on the financial performance of companies in the mining sector listed on the Indonesia Stock Exchange (IDX) in 2018-2021. It also aims to explore the role of corporate innovation as a mediating factor in the link betwe...
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| Format: | Article |
| Language: | English |
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IJBLE Scientific Publications Community Inc.
2023-09-01
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| Series: | International Journal of Business, Law, and Education |
| Subjects: | |
| Online Access: | https://ijble.com/index.php/journal/article/view/243 |
| _version_ | 1797689385374711808 |
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| author | Ibrahim Ibrahim Makaryanawati Makaryanawati Dodik Juliardi |
| author_facet | Ibrahim Ibrahim Makaryanawati Makaryanawati Dodik Juliardi |
| author_sort | Ibrahim Ibrahim |
| collection | DOAJ |
| description | This study aimed to determine the effect of Corporate Social Responsibility (CSR) on the financial performance of companies in the mining sector listed on the Indonesia Stock Exchange (IDX) in 2018-2021. It also aims to explore the role of corporate innovation as a mediating factor in the link between CSR and financial performance. The sampling technique in this study was purposive sampling. Path analysis is used as a data analysis technique in this study. The results of the study show that CSR has a positive effect on financial performance and firm innovation. In addition, firm innovation has a positive effect on financial performance. The results also support the partial mediating effect of firm innovation on the relationship between CSR and corporate financial performance. The findings of this study can increase stakeholder awareness of the importance of CSR. This is because CSR is proven to be one of the important drivers for companies to be more innovative and gain competitive advantage |
| first_indexed | 2024-03-12T01:44:57Z |
| format | Article |
| id | doaj.art-f56ca6ef755a497299c5059e049e2738 |
| institution | Directory Open Access Journal |
| issn | 2747-139X |
| language | English |
| last_indexed | 2024-03-12T01:44:57Z |
| publishDate | 2023-09-01 |
| publisher | IJBLE Scientific Publications Community Inc. |
| record_format | Article |
| series | International Journal of Business, Law, and Education |
| spelling | doaj.art-f56ca6ef755a497299c5059e049e27382023-09-09T12:27:15ZengIJBLE Scientific Publications Community Inc.International Journal of Business, Law, and Education2747-139X2023-09-014276678110.56442/ijble.v4i2.243261Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm InnovationIbrahim Ibrahim0Makaryanawati Makaryanawati1Dodik Juliardi2Faculty of Economics and Business, Universitas Negeri Malang, IndonesiaFaculty of Economics and Business, Universitas Negeri Malang,IndonesiaFaculty of Economics and Business, Universitas Negeri Malang,IndonesiaThis study aimed to determine the effect of Corporate Social Responsibility (CSR) on the financial performance of companies in the mining sector listed on the Indonesia Stock Exchange (IDX) in 2018-2021. It also aims to explore the role of corporate innovation as a mediating factor in the link between CSR and financial performance. The sampling technique in this study was purposive sampling. Path analysis is used as a data analysis technique in this study. The results of the study show that CSR has a positive effect on financial performance and firm innovation. In addition, firm innovation has a positive effect on financial performance. The results also support the partial mediating effect of firm innovation on the relationship between CSR and corporate financial performance. The findings of this study can increase stakeholder awareness of the importance of CSR. This is because CSR is proven to be one of the important drivers for companies to be more innovative and gain competitive advantagehttps://ijble.com/index.php/journal/article/view/243corporate social responsibility, financial performance, firm innovation, stakeholder theory |
| spellingShingle | Ibrahim Ibrahim Makaryanawati Makaryanawati Dodik Juliardi Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation International Journal of Business, Law, and Education corporate social responsibility, financial performance, firm innovation, stakeholder theory |
| title | Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation |
| title_full | Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation |
| title_fullStr | Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation |
| title_full_unstemmed | Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation |
| title_short | Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Firm Innovation |
| title_sort | corporate social responsibility and firm financial performance the mediating role of firm innovation |
| topic | corporate social responsibility, financial performance, firm innovation, stakeholder theory |
| url | https://ijble.com/index.php/journal/article/view/243 |
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