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• W1572229623 abstract "This research investigates the corporate social responsibility (CSR) and firm financial performance. The CSR and firm financial performance are gathered and calculated from the annual reports and managerial reports of publicly-listed firms in the LQ45 of the Indonesian Stock Exchange. This collections of firms in LQ45 represent the most liquid firms across industries. The sampling process began with searching for the accurate information on total numbers of publicly-listed firms in LQ45 during the period of 2004-2011. In order to investigate how the CSR affects stock prices, 13 firms were selected due to their consistency in performance, which make them constantly appear in LQ45 from 20042011. Based on the available data, regression analysis is utilized in this study. The results indicated that CSR employee, CSR community, size, profitability, and leverage have significant effect on stock price. It prescribed that firms may want to pay more attention onto CSR initiatives, particularly toward employee and community. The other significant variables toward stock price, which were profitability, size, and leverage, prescribed that firms may want to notice their selected financial indicators. Hence, it is safe to conclude that there were sufficient evidences, which indicated that CSR influenced the level of firm’s performance." @default.
• W1572229623 created "2016-06-24" @default.
• W1572229623 creator A5050724679 @default.
• W1572229623 date "2013-04-01" @default.
• W1572229623 modified "2023-09-23" @default.
• W1572229623 title "CSR & Performance: Any Evidence from Indonesian LQ45?" @default.
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