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Financial Conditions and CSR on the Financial Performance of Financial Firms

Authors: Randy Sanjaya; Arif Budi Satrio;

Financial Conditions and CSR on the Financial Performance of Financial Firms

Abstract

Firm financial performance is an essential topic in current research. This study aims to analyze the financial performance of financial firms in Indonesia from two perspectives: corporate social responsibility and financial condition. The analysis used a regression model on 95 firms for the 2019-2023 period. The results indicate that a firm's financial condition, specifically capital structure, negatively impacts profitability, while CSR has a positive effect. Conversely, liquidity has no proven role. Overall, the results of this study emphasize the importance of implementing CSR in supporting improved corporate financial performance and encourage further research to understand the complex relationship between liquidity and corporate profitability.

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Powered by OpenAIRE graph
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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