PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia tahun 2008-2010)

Abstract

The issue about corporate social responsibility (CSR) has develop rapidly since the issuance of government’s regulation about the obligation of CSR disclosure. One factor that influenced the CSR disclosure is good corporate governance (GCG) mechanism. This research examines the effect of good corporate mechanism GCG to corporate social responsibility (CSR) disclosure. GCG indicator that used in this research are managerial ownership, institutional ownership, the proportion of independent boards of commissioner, and the amount of audit committee. CSR variable was measured based on the Global Reporting Initiatives (GRI) measurement standard which use 78 disclosure item on each company’s annual report. This research was held to 34 public manufacture companies in Indonesia that listed on Bursa Efek Indonesia (BEI) and disclosed the annual report during 2008-2010 consistently. This research finding showed that some of GCG mechanism indicators were not influence the CSR disclosure of the company. Managerial ownership, institutional ownership and the proportion of independent board of commissioner had no effect to CSR disclosure. In spite of it, the amount of audit committee had a positive effect to CSR disclosure and it indicates that audit committee had an important role to assure the strategy and implementation of companies’ CSR disclosure.