Analysis of relationship disclosure Coporate Social Responsibility (CSR) financial performance and the company stock price LQ45

Abstract

This research is alms to analyze the relationship between the disclosure of Coporate Social Responsibility (CSR) and financial performance stock price in the LQ45 company. The writer use the annual reports of LQ45 company in period Feb – Jul 2012 for the data. The variable are based on the standard CSR disclosure Global Reporting Initiatives (GRI), the financial performance reflected by the current ratio, return on assets (ROA), return on equity (ROE), debt to equity/CAR, as well as stock prices fre flected by the return stock. The results are indicate Coporate Social Responsibility (CSR) disclosure in annual reports related significant to financial performance, it means that expanding Coporate Social Responsibility (CSR) disclosure in annual report is better financial performance. Coporate Social Responsibility (CSR) disclosure in in the annual report related significant to the stock price, it means that expanding Coporate Social Responsibility (CSR) disclosure in annual reports is higer for that stock price. And the result for this research is the finansial performance related significant to stock price of a company, it means that the better to financial performance of a company than will increase the stock price in the company.