Dividend Policy and Compliance of Corporate Social Responsibility in Strengthening Financial Performance of Consumer Goods Industry Companies in Indonesia

DOI

10.2991/icoi-19.2019.3How to use a DOI?

Keywords

financial performance, corporate social responsibility, dividend, stock price

Abstract

The study aimed to analyze the financial performance of companies in the consumer goods industry sector in Indonesia which might affect the stock price using Return on Assets (ROA) variable and moderated by compliance with Corporate Social Responsibility (CSR) activities and dividend policy. The sample of this research was sixty financial reports of companies using a quantitative research approach. The data analysis method was performed by path analysis using SmartPLS. The study results showed that current ratio and debt to equity ratio had significant effect on ROA. While ROA had a positive and significant effect on the stock price, CSR had a negative and significant effect on the stock price. Moreover, ROA moderated by CSR and DPR had no significant effect on the stock price

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Widya Sari
AU  - Namira Ufrida Rahmi
AU  - Dwita Sakuntala
PY  - 2019/10
DA  - 2019/10
TI  - Dividend Policy and Compliance of Corporate Social Responsibility in Strengthening Financial Performance of Consumer Goods Industry Companies in Indonesia
BT  - Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019)
PB  - Atlantis Press
SP  - 10
EP  - 14
SN  - 2352-5428
UR  - https://doi.org/10.2991/icoi-19.2019.3
DO  - 10.2991/icoi-19.2019.3
ID  - Sari2019/10
ER  -