Main Article Content
Abstract
disclosure on institutional ownership in the company. The company's institutional ownership is seen from the institutional ownership of shares in each company. The sample in this study is a company listed on the Stock Exchange Indonesia (IDX) in 2014-2015. Pursuant to sample purposive sampling method in this research is 94 company with observation 188 company. The results of this study indicate that CSR disclosure of community category has positive and insignificant effect on institutional ownership. On the other hand, CSR category disclosure of the Employment category and product category CSR have a negative and significant effect. Only CSR disclosure of environmental categories has a positive and significant influence on institutional ownership.
Keywords : Disclosure of Corporate Social Responsibility (CSR), institutional ownership.
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References
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References
Achda, B. tamam (2006), Seminar Nasional: A Promise of Gold Rating: Sustainble CSR.
Jakarta: Hotel Hilton, 23 agustus 2006.
Aditya, Dwi Yodha. (2016). Pengaruh Manajemen Laba, Profitabilitas, dan Ukuran Perusahaan Terhadap CSR (Studi empiris pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia tahun 2011-2014).
Al-Tuwajri, S.A., Christensen, T.E. and Hughes, K.E. II (2004). The relations among environmental disclosure, environmental performance, dan economic performance: a simultaneous equations approach. Accounting, Organizations and Society, Vol. 29, pp. 447-71.
Anggraini, Fr. Reni Retno (2006). Pengungkapan Informasi Sosial dan Faktor- Faktor yang Mempengaruhi Pengungkapan Informasi Sosial dalam Laporan Keuangan Tahunan (Studi Empiris pada Perusahaan-Perusahaan yang terdaftar di Bursa Efek Jakarta). Simposium Nasional Akuntansi 9. Padang.
Ajija, Shochrul R dkk. 2011. Cara Cerdas Menguasai Eviews. Salemba Empat,. Jakarta. Arthana, R. 2011. Pengaruh Karakteristik Perusahaan Terhadap Pengungkapan
Tanggungjawab Sosial Perusahaan (CSR) pada Perusahaan yang Terdaftar di Indeks
LQ45 Bursa Saham Indonesia. Diakses: http://jimfeb.ub.ac.id/
Benston, M.L. (2007). Stakeholder influence capacity and the variability of financial returns to corporate social responsibility. Acadeny of management Review, Vol. 32 No.3, pp.794-816.
Branco, M.C. and Rodrigues,L.L. (2008). Factors influecing social responsibility disclosure by portuguese companies. Jounal Of Business Ethics, Vol. 83,
pp. 685-701
Budimanta, A, Prasetijo, A., Rudito, B. (2004). Corporate Sosial Responsibility, Jawaban bagi Model Pembangunan Indonesia Masa Kini. Jakarta; ICSD
Bursa Malaysia (2007).Corporate Social Responsibility In Malaysia PLCs, an executive summary. available at: http://klse.com.my/website/bm/about us/the organization
/csr/downloaded/csr_booklet.pdf/ (Accessed July 12, 2008)
Chapple, W. and Moon,J. (2005). Corporate social responsibility (CSR) in asia: a
seven-country study of CSR website reporting. business and society, Vol. 44 No. 4, pp. 415-41.
Cox, P., Brammer, S. and Millington, A. (2004). An empirical examination of intitutional investor preferences for corporate social performance. Journal of Business Ethics,Vol.52 No. 1, pp. 27-42.
Damayanti, Melisa Ika dan Dul Muid (2011). Hubungan pengungkapan tanggung jawab sosial (CSR Disclosure) dengan Kepemilikan Institusiona.
Epstein, M.J. dan Freedmen, M. (1994). Social disclosure dan the individual investor.
Accounting, Auditing & Accountability Journal, Vol.7 No. 4, pp. 94-109.
Faizal. (2004). Analisis Agency Costs, Struktur Kepemilikan dan Mekanisme Corporate
Governance. Simposium Nasional Akuntansi VII. Denpasar, Bali, 2-3 Desember. Ghosh, S.R. (2006). East Asian Finance: The Road to Robust Markets, World Bank,
Washington, DC, available at: http:// web. worldbank. org/ WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/EXTEAPREGTOPF INFINSECDEV/0, contentMDK : 20968028, page PK :34004173 , piPK: 34003707 , theSitePK: 589810,00.html
Ghozali, Imam. (2016). Aplikasi Analisis Multivariate Dengan Program IBM SPSS. Edisi
Delapan. Semarang : Badan Penerbit Universitas Diponogoro.
Ghozali, Imam dan A. Chairi. 2007. Teori Akuntansi. Semarang: Badan Penerbit Universitas
Diponogoro.
Gray, R., Kouhy, R. dan Lavers, S. (1995). Corporate social and environmental reporting: a review of the literatur and a longitudinal study of UK disclosure. Accounting, Auditing & Accountability Journal, Vol.8 No.2,pp.47-77.
GRI 2016, Sustainability Reporting GuidelinessG4, Global Reporting Initiatives. www.
globalreporting.org
Gujarati, Damodar. 2006. Dasar-Dasar Ekonometrika.Jakarta: Erlangga.
Guthrie, J and Parker, L.D (1990). Corporate social disclosure practice : a comparative international analysis, Advance in Publik Interest Accounting, Vol. 3, pp. 159-75.
Hadi, Nor. (2011). Corporate Social Resposibility. Yogyakarta: Graha Ilmu.
Harahap, Muchtar. (2014). Teori-teori tentang CSR (Corporate Sosial Responsibility.Tersediahttp//muchtareffendiharahap.blogspot.co.id/2014/2teori-teori- tentang-csr-coorporate.html. [28 Oktober 2015].
Hayashi, A.M. (2003). Effect of institutional ownership. MITSLOAN Management Review, Vol. 45 No.1, pp. 6-7.
Hughes, S.B., Anderson, A. dan Golden, S. (2001). Corporate invironmental disclosure: are they useful in determining environmental performance?. Journal of Accounting dan public policy, Vol. 20, pp. 217-40
Kanter, R. (1999). Change is everyone’s job: managing the extended enterprise in a globally
connected world. Organization Dynamic, Vol. 28, pp. 6-24.
Kok, P., Weile, T.V.D., McKenna, R. dan Brown, A. (2001).A corporate social responsibility audit within a quality management framework. Journal of Business Ethics, Vol.31 No. 4, pp. 285-97
Lanis, R., dan Richardson, G. 2013. Is Corporate Social Responsibility Performance
Associated with Tax Avoidance?. Journal Business Ethics. Vol. 127.
Machmud, Novita dan Chaerul D. Djakman. (2008). Pengaruh Struktur Kepemilikan terhadap Luas Pengungkapan Tanggung Jawab Sosial (CSR Disclosure) pada Laporan Tahunan Perusahaan: Studi Empiris Pada Perusahaan Publik Yang Tercatat Di Bursa Efek Indonesia Tahun 2006. Simposium Nasional Akuntansi XI.Pontianak, 23 – 24
Juli.
Mahoney, L dan RW Roberts (2007). Corporate social performance, dan financial performance and institusional ownership in canadian firms. Accounting Forum, Vol.
pp.233-53
Mutia, Evi, Zuraida, dan Devi Andriani. 2011. Pengaruh Ukuran Perusahaan, Profitabilitas Dan Ukuran Dewan Komisaris Terhadap Pengungkapan Corporate Social Responsibility Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia.Jurnal Telaah & Riset Akuntansi Vol. 4 No. 2 Hal. 187-201
Nurlela, Rika dan Ishlahuddin. (2008). Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan dengan Prosentase Kepemilikan manajemen sebagai Variabel Moderating. Simposium Nasional Akuntansi XI. Pontianak, 23-24 Juli.
Pozen, Robert C (1994). Institutional Investor. The Reluctant activists. Harvard Business review.boston:Jan/Feb 1994. Vol. 72.Iss 1: pp 140
Putri, Rafika Anggraini dan Yulius Jogi Christiawan. 2014. Pengaruh Profatibilitas, Likuiditas, dan Leverage terhadap Pengungkapan Corporate Social Responsibility (Studi pada Perusahaan-Perusahaan yang Mendapat Penghargaan ISRA dan Listed (Go-Public) di Bursa Efek Indonesia (Bei) 2010-2012). Jurnal Business Accounting Review. Vol. 2, No. 1.
Republik Indonesia. 2007. Undang-Undang Republik Indonesia Nomor 40 Tahun 2007 tentang Perseron Terbatas. Lembaran Negara Republik Indonesia Tahun 2007 Nomor
Sekretariat Negara. Jakarta.
Republik Indonesia. 2007. Undang-Undang Republik Indonesia Nomor 25 Tahun 2007 tentang Penanaman Modal. Jakarta
Rinaldy, Yoshua dan Shiddiq Nur Raharjo (2014). Pengaruh Pengungkapan Corporate
Social Responsibility Terhadap Kepemilikan Institusional pada Perusahaan Berkategori High Profile yang Listing diBEI. Skripsi S1 FE Universitas Diponegoro
(dipublikasikan)
Rustiarini, Nie Wayan. (2010). Pengaruh Struktur Kepemilikan Saham Pada Pengungkapan Corporate Social Responsibility. Jurusan Akuntansi Fakultas Ekonomi, Universitas Mahasaraswati Denpasar
Saleh, Mustaruddin, Norhayah Zulkifli dan Rusnah Muhamad. (2010). Corporate Social Responsibility Disclosure dan its Relation on Instititionsl Ownership. Manajerial Auditing Journal Vol. 25 No. 6, 2010 pp.591-613.
Saur, D.A. (1997). The impact of social-responsibility screens on investment performance: evidance from Domini 400 social index and Domini equty mutual fund, Review of Financial Ekonomics, Vol. 6 No. 1, pp. 137-49.
Sayekti, Yosefa dan Ludovicus Sensei Wandabio (2007). Pengaruh CSR Disclosure terhadap Earning Response Coefficient (suatu Studi Empiris pada Perusahaan yang Terdaftar di Bursa Efek Jakarta). Makalah disampaikan pada Simposium Nasional Akuntansi IX, Makasar, 26-28 Mei 2011.
Schwab, K.J. dan Thomas, R.S. (1998). Realigning corporate governance: shareholder activism by labour unions. Michigan Law Review, Vol.96, pp. 1018-94.
Suharto, Edi PhD. 2008. Corporate Social Responsibility: What is and Benefit for Corporate.
CSR2008/Suharto@policy.hu