PENGARUH CORPORATE GOVERNANCE TERHADAP PELAPORAN CSR PADA PERBANKAN PUBLIK DI INDONESIA

Abstract

The objective of this research was to investigate the CSR reporting information of Indonesian listed commercial banks in their annual report and explores the potential effect of corporate governance elements on their CSR reporting. The design was used the annual reports of 25 public banks in the Indonesian Stock Exchange for the year 2007-2010. It was also used three elements of corporate governance, independent commissioners, representation of women and foreign in the board. Three control variables are also used, which are size, profitability, and debt ratio. Data analysis used in this research was content analysis. It was used to measure the CSR Index. Descriptive statistic was then used to measure the variation of independent variables. Multiple regression analysis was used to test the relationship between the various independent variables and overall CSR reporting. The result of this research conclude that there was no significant relationship between independent commissioners and women representation in the board and CSR reporting. Conversely, foreign nationalities have been found to have significant impact on CSR reporting. Only one of the control variable, which was size, that had significant impact to CSR reporting. The implication of the research was that researchers can use the result to analyze the transfer of knowledge from foreign directors to improve CSR reporting in Indonesian context. Government could also use the result to set suitable standard policy guidelines and give the incentives for banks that use the standard