Business, Management and Accounting
2 years ago

Corporate Social Responsibility Boosts Financial Performance of Palm Oil Companies

MEDIA AKUNTANSI DAN PERPAJAKAN INDONESIA
PENGARUH CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PERUSAHAAN KELAPA SAWIT DI BURSA EFEK INDONESIA
Michael Khoesuma

Paper Summary

The study looked at how Corporate Social Responsibility (CSR) affects the financial performance of palm oil companies in Indonesia. They analyzed data from 13 companies listed on the Indonesia Stock Exchange from 2013 to 2017. The results showed that CSR positively influences Return On Assets (ROA), Return On Equity (ROE), and Net Profit Margin (NPM). This suggests that companies can improve their financial performance by focusing on CSR activities.

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