FAKTOR-FAKTOR FUNDAMENTAL, MEKANISME COORPORATE GOVERNANCE, PENGUNGKAPAN COORPORATE SOCIAL RESPONSIBILITY (CSR) PERUSAHAAN MANUFAKTUR DAN SUMBER DAYA ALAM DI INDONESIA

Abstract

The issue of corporate social responsibility disclosure or CSRD grows widely. The researches on CSRD find different results. This study is aimed to explain the relationship of fundamental factors (likuidity, profitability, leverage, share publik, and size) and coorporate governance mechanism(commisioner board, independent commissioner board, Institutional ownership, managerial ownership, and Audit Committee) to CSR disclosure in Indonesia. The sample in this study is Indonesian manufactur and SDA companies listed in 2009 whose annual reports disclose CSR activities and can be accessed at Indonesian Stock Exchange website. There are 77 samples applying purposive sampling technique. This study use analysis method regresion linear and t – test. The results show that there is no significant relationship between leverage, likuiditas, share publik, commissioner board, institutional ownership, management ownership, audit committe and CSRD. In contrast, positive significant relationship between independent commissioner board, profitability, size and CSRD are found. This study have restictiveness that is interpretation sample only yearlong so to furthermore study can add to research year.

Key words ; Fundamental factors, Coorporate governance mechanism, CSR