Title: THE INFLUENCE OF FAMILY OWNERSHIP ON THE DISCLOSURE OF CORPORATE SOCIAL RESPONSIBILITY (CSR) WITH MODERATION OF GOVERNANCE MECHANISM: EMPIRICAL EVIDENCE IN INDONESIA
Author: RAHMAN ANSHARI
Affiliations: Master of Accounting Study Program, Faculty of Economics and Business, Universitas Airlangga Surabaya
Publisher: Universitas Airlangga
Abstract
The aim of this research is to empirically test whether family members as board of directors and independent commissioners moderate the influence of family ownership on Corporate Social Responsibility (CSR) disclosure. This research is quantitative research. Data obtained from annual reports of manufacturing companies listed on the Indonesia Stock Exchange for 2015-2018. The sample was obtained using a purposive sampling technique using certain criteria with a sample size of 135 company years. CSR disclosure is measured using content analysis from GRI-G4. Family ownership is measured using the proportion of shares owned by the family. Family members who serve on the board of directors are measured using the proportion of family members who are on the board of directors. Independent Commissioners are measured using the proportion of independent commissioners on the board of commissioners. Company size is measured using the natural logarithm of total assets. Company age is measured using the length of time the company was founded until the year of research. Data analysis in this study used multiple regression tests and Moderated Regression Analysis (MRA) using the IBM SPSS ver. 23. The research results show that family ownership has a negative effect on CSR disclosure. The variable family members as independent directors and commissioners does not strengthen or weaken the influence of family ownership on CSR disclosure.
Keywords: CSR, Family Firm, Family as Board of Directors, Independent Commissioners
Sources: http://repository.unair.ac.id/90320/
