Pengaruh Pengungkapan Corporate Social Responsibilityterhadap Kinerja Keuangan (Studi Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia)
DOI:
https://doi.org/10.71417/j-sime.v3i2.2224Keywords:
Corporate Social Responsibility, CSR Disclosure, Kinerja Keuangan, Return on Assets, Perusahaan ManufakturAbstract
Pengungkapan Corporate Social Responsibility (CSR) semakin menjadi bagian penting dalam pengelolaan perusahaan karena aktivitas manufaktur tidak hanya berorientasi pada pencapaian laba, tetapi juga memiliki konsekuensi terhadap lingkungan dan masyarakat. Pada perusahaan manufaktur subsektor kimia, kebutuhan pengungkapan CSR menjadi semakin relevan karena karakteristik operasionalnya memiliki risiko lingkungan dan sosial yang relatif tinggi. Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh pengungkapan Corporate Social Responsibility terhadap kinerja keuangan perusahaan manufaktur subsektor kimia yang terdaftar di Bursa Efek Indonesia periode 2022–2024. Penelitian menggunakan pendekatan kuantitatif dengan data sekunder yang diperoleh dari laporan tahunan dan laporan keberlanjutan perusahaan. Sampel penelitian terdiri atas 30 perusahaan yang dipilih dengan teknik purposive sampling, sehingga diperoleh 90 observasi. Pengungkapan CSR diukur menggunakan Corporate Social Responsibility Disclosure Index berdasarkan GRI Standards 2021, sedangkan kinerja keuangan diukur menggunakan Return on Assets (ROA). Analisis data dilakukan menggunakan regresi data panel dengan bantuan EViews 12 dan menghasilkan Random Effect Model sebagai model estimasi. Hasil penelitian menunjukkan bahwa pengungkapan CSR berpengaruh signifikan dengan arah negatif terhadap ROA, dengan nilai t-statistic sebesar -2,172920 dan probabilitas 0,0320. Temuan ini menunjukkan bahwa peningkatan pengungkapan CSR dalam jangka pendek dapat meningkatkan beban dan biaya perusahaan sehingga menekan laba relatif terhadap total aset. Penelitian ini mengimplikasikan bahwa perusahaan perlu menempatkan CSR sebagai investasi strategis jangka panjang dan memastikan pengelolaan biaya CSR tetap efisien agar manfaat sosial, lingkungan, reputasi, dan ekonomi dapat tercapai secara berkelanjutan.
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