THE IMPACTS OF ENVIRONMENTAL PERFORMANCE AND ENVIRONMENTAL COST AND ALSO FOREIGN OWNERSHIP ON CORPORATE FINANCIAL PERFORMANCE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AS INTERVENING VARIABLES (Empirical Study On Manufacturing Companies Registered at Indonesia Stock Exchange for period 2013-2017)
Abstract
This research is intended to analyse the factors which have impacts towards Corporate Financial Performance and Corporate Social Responsibility Disclosure as intervening variables on manufacturing companies registered at Indonesia Stock Exchange for period 2013-2017. The result of the research shows that environmental performance and environmental cost have negative and significant impact, however they have positive and significant impact on corporate social responsibility disclosure, foreign ownership has positive and significant impact on corporate financial performance and corporate social responsibility disclosure. Corporate social responsibility disclosure can be an intervening variable as a result of environmental performance and environmental cost but it can’t be an intervening variable as an impact of foreign ownership on corporate financial performance.
Keywords : environmental performance, environmental cost, foreign ownership, corporate financial performance, corporate social responsibility disclosur
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