Year 2017, Volume 7 , Issue 2, Pages 500 - 506 2017-06-01

Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia

Nila Tristiarini [1] , Yulita Setiawanta [2] , Ririh Dian Pratiwi [3]


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.
Corporate Social Responsibility, Financial Distress Reduction, Financial Performance, Financial Risk Management
Other ID JA55HU39AP
Journal Section Research Article
Authors

Author: Nila Tristiarini

Author: Yulita Setiawanta

Author: Ririh Dian Pratiwi

Dates

Publication Date : June 1, 2017

Bibtex @ { ijefi354517, journal = {International Journal of Economics and Financial Issues}, issn = {}, eissn = {2146-4138}, address = {ijefi@econjournals.com}, publisher = {İlhan ÖZTÜRK}, year = {2017}, volume = {7}, pages = {500 - 506}, doi = {}, title = {Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia}, key = {cite}, author = {Tristiarini, Nila and Setiawanta, Yulita and Pratiwi, Ririh Dian} }
APA Tristiarini, N , Setiawanta, Y , Pratiwi, R . (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 . Retrieved from https://dergipark.org.tr/en/pub/ijefi/issue/32035/354517
MLA Tristiarini, N , Setiawanta, Y , Pratiwi, R . "Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia". International Journal of Economics and Financial Issues 7 (2017 ): 500-506 <https://dergipark.org.tr/en/pub/ijefi/issue/32035/354517>
Chicago Tristiarini, N , Setiawanta, Y , Pratiwi, R . "Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia". International Journal of Economics and Financial Issues 7 (2017 ): 500-506
RIS TY - JOUR T1 - Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia AU - Nila Tristiarini , Yulita Setiawanta , Ririh Dian Pratiwi Y1 - 2017 PY - 2017 N1 - DO - T2 - International Journal of Economics and Financial Issues JF - Journal JO - JOR SP - 500 EP - 506 VL - 7 IS - 2 SN - -2146-4138 M3 - UR - Y2 - 2019 ER -
EndNote %0 International Journal of Economics and Financial Issues Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia %A Nila Tristiarini , Yulita Setiawanta , Ririh Dian Pratiwi %T Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia %D 2017 %J International Journal of Economics and Financial Issues %P -2146-4138 %V 7 %N 2 %R %U
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 2017): 500-506 .
AMA Tristiarini N , Setiawanta Y , Pratiwi R . Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. IJEFI. 2017; 7(2): 500-506.
Vancouver Tristiarini N , Setiawanta Y , Pratiwi R . Optimization of Monetary Corporate Social Responsibility Value Added in Reducing Financial Distress in Indonesia. International Journal of Economics and Financial Issues. 2017; 7(2): 506-500.