Open AccessDOES ISLAMIC CORPORATE SOCIAL RESPONSIBILITY IMPROVE FINANCIAL PERFORMANCE?
Author(s) -
Khairiyani Khairiyani,
Novi Mubyarto
Publication year - 2019
Publication title -
maqdis
Language(s) - English
Resource type - Journals
eISSN - 2528-5661
pISSN - 2528-5645
DOI - 10.15548/maqdis.v4i2.259
Subject(s) - nonprobability sampling , business , sample (material) , accounting , structural equation modeling , islam , corporate governance , corporate social responsibility , investment (military) , index (typography) , finance , statistics , public relations , computer science , mathematics , medicine , political science , law , population , philosophy , chemistry , environmental health , theology , chromatography , politics , world wide web
This research aimed to examine the effect of Islamic Corporate Social Responsibility (ICSR) on financial performance. ICSR was measured by finance and investment, product and service, employees, society, environment and corporate governance. Then, financial performance was measured by ROA and ROE. This study used 17 firms as a sample is consistently listed in Jakarta Islamic Index (JII) during 2014-2017. The sample was determined by using purposive sampling. Analysis of data in this study used Structural Equation Modeling-Partial Least Square (SEM-PLS) with SmartPLS 3rd version. The result showed that ICSR had able to improve financial performance