Research Article
The Effect of Family Ownership on Corporate Social Responsibility with Cost of Capital as Moderating
@INPROCEEDINGS{10.4108/eai.2-12-2021.2320325, author={Siti Nuke Nurfatimah and Dadang Suhendar and Teti Rahmawati and Syahrul Syarifudin}, title={The Effect of Family Ownership on Corporate Social Responsibility with Cost of Capital as Moderating}, proceedings={Proceedings of the 2nd Universitas Kuningan International Conference on System, Engineering, and Technology, UNISET 2021, 2 December 2021, Kuningan, West Java, Indonesia}, publisher={EAI}, proceedings_a={UNISET}, year={2022}, month={8}, keywords={csr; capital; family ownership}, doi={10.4108/eai.2-12-2021.2320325} }- Siti Nuke Nurfatimah
Dadang Suhendar
Teti Rahmawati
Syahrul Syarifudin
Year: 2022
The Effect of Family Ownership on Corporate Social Responsibility with Cost of Capital as Moderating
UNISET
EAI
DOI: 10.4108/eai.2-12-2021.2320325
Abstract
This study examines the effect of family ownership on the disclosure of corporate social responsibility (CSR). CSR in this study was proxied using GRI G4 disclosure items as many as 91 items. Meanwhile, family ownership is measured using the percentage of family ownership. In addition, this study also adds a moderating effect of the variable cost of capital which is proxied using the cost of debt. The population of this study are mining companies listed on the Indonesian stock exchange, as many as 56 companies with the year of observation from 2016 to 2020. The selected sample is 50 companies so that the observation data is 250 data. Hypothesis testing using panel regression analysis using the interaction model. The results show that family ownership has a positive effect on the extent of CSR disclosure, but it is not proven that the cost of debt can be a moderator in the effect of family ownership and CSR disclosure.