EN
Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia
Abstract
This study tried to investigate about a form of solution model and new empirical evidence which is not only related to how the effect of the application of Corporate Social Responsibility (CSR) to improve financial performance but also the measurement of benefits and costs of CSR activities as corporate strategy that allows to reduce financial distress so as to improve the financial performance of the company. The study sample was the whole companies which are included in the SRI-KEHATI index in 2009 to 2015, a total sample of 175 companies. This study used analysis tools SEM with a 3.00 version WarpPLS program to test the hypothesis. Outcomes of this research is that company can determine the optimization of CSR in terms of benefits and costs so that it can be used as a strategy for policy making in implementing CSR activities that can have positive implications on the sustainability of the company.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
June 1, 2017
Submission Date
June 1, 2017
Acceptance Date
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Published in Issue
Year 2017 Volume: 7 Number: 2
APA
Tristiarini, N., Setiawanta, Y., & Pratiwi, R. D. (2017). Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. International Journal of Economics and Financial Issues, 7(2), 500-506. https://izlik.org/JA45JG79YY
AMA
1.Tristiarini N, Setiawanta Y, Pratiwi RD. Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. IJEFI. 2017;7(2):500-506. https://izlik.org/JA45JG79YY
Chicago
Tristiarini, Nila, Yulita Setiawanta, and Ririh Dian Pratiwi. 2017. “Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia”. International Journal of Economics and Financial Issues 7 (2): 500-506. https://izlik.org/JA45JG79YY.
EndNote
Tristiarini N, Setiawanta Y, Pratiwi RD (June 1, 2017) Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. International Journal of Economics and Financial Issues 7 2 500–506.
IEEE
[1]N. Tristiarini, Y. Setiawanta, and R. D. Pratiwi, “Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia”, IJEFI, vol. 7, no. 2, pp. 500–506, June 2017, [Online]. Available: https://izlik.org/JA45JG79YY
ISNAD
Tristiarini, Nila - Setiawanta, Yulita - Pratiwi, Ririh Dian. “Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia”. International Journal of Economics and Financial Issues 7/2 (June 1, 2017): 500-506. https://izlik.org/JA45JG79YY.
JAMA
1.Tristiarini N, Setiawanta Y, Pratiwi RD. Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. IJEFI. 2017;7:500–506.
MLA
Tristiarini, Nila, et al. “Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia”. International Journal of Economics and Financial Issues, vol. 7, no. 2, June 2017, pp. 500-6, https://izlik.org/JA45JG79YY.
Vancouver
1.Nila Tristiarini, Yulita Setiawanta, Ririh Dian Pratiwi. Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. IJEFI [Internet]. 2017 Jun. 1;7(2):500-6. Available from: https://izlik.org/JA45JG79YY