The Effect of Corporate Social Responsibility (CSR) on Financial Performance
Main Article Content
Abstract
Himbara Bank has a very significant role in driving economic growth, managing national assets, and providing sustainable financial services to the community. However, its role is not only limited to financial aspects but also holds social responsibility towards society and the environment. Therefore, it is important to understand the extent to which CSR can influence Bank Himbara's financial performance in this dynamic business environment. This research aims to find information on the effect of implementing Corporate Social Responsibility (CSR) on financial performance based on Return on Equity (ROE). In this research, the population used is banks included in the Association of State-Owned Banks (Himbara) for 2019-2022. The data analysis techniques used are descriptive statistical analysis and panel data regression analysis. Based on research results, Corporate Social Responsibility (CSR) did not have a significant effect on Return on Equity (ROE) in the Association of State-Owned Banks (Himbara) in 2019-2022.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
References
Cho, S. J., Chung, C. Y., & Young, J. (2019). Study on the Relationship between CSR and Financial Performance. Sustainability. https://www.mdpi.com/2071-1050/11/2/343
Dama, H. (2021). Corporate Social Responsibility (Csr) Disclosure Dan Kinerja Keuangan Pada Perusahaan Manufaktur Di Bursa Efek Indonesia Periode 2014-2018. Jurnal Fakultas Ekonomi Universitas Negeri …. https://garuda.kemdikbud.go.id/documents/detail/3003751
Diantara, A. H. (2019, November 7). Menerapkan CSR Berkelanjutan, BNI Raih Dua Gelar Dalam CECT Awards 2019. Sinergi46. https://article.sinergi46.com/menerapkan-csr-berkelanjutan-bni-raih-dua-gelar-dalam-cect-awards-2019
Eva, P. (2020). PENGARUH LIKUIDITAS, SOLVABILITAS, AKTIVITAS DAN PROFITABILITAS TERHADAP RETURN SAHAM SEKTOR PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA. Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta.
Fauzi, F., Dencik, A. D., & Asiati, D. I. (2019). Metode Penelitian untuk Manajemen dan Akuntansi. Salemba Empat.
Giannopoulos, G., Pilcher, N., & Salmon, I. (2024). What Is the Relationship between Corporate Social Responsibility and Financial Performance in the UK Banking Sector? Journal of Risk and Financial Management, 17(5), 187. https://doi.org/10.3390/jrfm17050187
Kementerian Badan Usaha Milik Negara. (2021). Peraturan Menteri Badan Usaha Milik Negara Nomor PER-05/MBU/04/2021 Tahun 2021 tentang Program Tanggung Jawab Sosial Dan Lingkungan Badan Usaha Milik Negara.
Krisdamayanti, D. C., & Retnani, E. D. (2020). PENGARUH CSR, UKURAN PERUSAHAAN DAN LEVERAGE TERHADAP KINERJA KEUANGAN PERUSAHAAN. Jurnal Ilmu Dan Riset Akuntansi, Vol. 9 No. 4.
Madany, N., Ruliana, & Rais, Z. (2022). Regresi Data Panel dan Aplikasinya dalam Kinerja Keuangan terhadap Pertumbuhan Laba Perusahaan Idx Lq45 Bursa Efek Indonesia. VARIANSI: Journal of Statistics and Its Application on Teaching and Research, 4(2), 79–94. https://doi.org/10.35580/variansiunm28
Maqbool, S., & Zameer, M. N. (2018). Corporate social responsibility and financial performance: An empirical analysis of Indian banks. Future Business Journal. https://www.sciencedirect.com/science/article/pii/S2314721017300543
Nofiar, D. R., & Chasanah, A. N. (2023). ANALISIS PERBANDINGAN FINANCIAL PERFORMANCE SEBELUM DAN SELAMA TERJADINYA PANDEMI PADA BANK HIMBARA. NUSANTARA: Jurnal Ilmu Pengetahuan Sosial , Vol 10 No 1. https://doi.org/10.31604/jips.v10i1.2023.29-40
Pemerintah Republik Indonesia. (2007). UNDANG-UNDANG REPUBLIK INDONESIA NOMOR 40 TAHUN 2007 TENTANG PERSEROAN TERBATAS.
Rudito, B., & Famiola, M. (2019). Corporate Social Responsibility. Rekayasa Sains.
Salsabila, S. T. (2021). ANALISIS PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY DI PERBANKAN INDONESIA (Studi Komparatif Bank Pemerintah dan Bank Swasta). Jurnal Ilmiah Mahasiswa Fakultas Ekonomi Dan Bisnis Universitas Brawijaya, Vol 10, No 1.
Setiawan, D. (2021, February 3). Kinerja di 2020 jeblok, ini kata analis soal prospek saham bank BUMN. KONTAN.CO.ID. https://keuangan.kontan.co.id/news/kinerja-di-2020-jeblok-ini-kata-analis-soal-prospek-saham-bank-bumn
Simaremare, H. R., & Gaol, R. L. (2018). Pengaruh Corporate Sosial Responsibility (CSR) terhadap kinerja keuangan pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi &Keuangan. http://ejournal.ust.ac.id/index.php/JRAK/article/view/457
Szegedi, K., Khan, Y., & Lentner, C. (2020). Corporate Social Responsibility and Financial Performance: Evidence from Pakistani Listed Banks. Sustainability, 12(10), 4080. https://doi.org/10.3390/su12104080
Tran, Q. T., Vo, T. D., & Le, X. T. (2021). Relationship Between Profitability and Corporate Social Responsibility Disclosure: Evidence from Vietnamese Listed Banks. Journal of Asian Finance, Economics and Business, 8(3), 875–883. https://doi.org/10.13106/jafeb.2021.vol8.no3.0875