Capital Structure, CSR Disclosure, Leverage, Firm Size and Financial Performance in Indonesia
Journal Title: International Journal of Empirical Finance - Year 2017, Vol 5, Issue 3
Abstract
The purpose of this research is to understand the influence of capital structure, corporate social responsibility (CSR), leverage, and firm size, on financial performance. In this research, researcher use ROA to measure financial performance. The object of this study were sector property and real estate listed at Indonesia Stock Exchange period 2012-2014. The study uses a quantitative approach, and used are secondary data. The methods of data analysis were multiple regression models. The result of this study indicated that capital structure variable has a negative significant and firm size variable has a positive significant on financial performance. While Corporate Social Responsibility (CSR) and leverage variable has no influence on financial performance. Investors should be able to look at and consider capital structure and the company size as a picture in viewing financial performance of a company. Further research can add variables or other factors that may affect financial performance. Variables that can be added include liquidity, growth, inflation, and intellectual capital.
Authors and Affiliations
Mutiara Muslimah, Nadia Asandimitra
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