Analysis of the Influence of Good Corporate Governance, Profitability, Price Earning Ratio, Operating Expenses and Operating Income on Corporate Social Responsibility in Manufacturing Companies Listed on the Indonesia Stock Exchange in 2017-2021

ABSTRACT


INTRODUCTION
Companies in Indonesia, especially in the economic field, have opened up many opportunities to increase welfare and prosperity. This can be achieved through various knowledge through information, as well as fluency in accessing sophisticated technology. Basically, increasingly modern business development requires companies to compete in maintaining their business (1) (2).
Corporate social responsibility is one of the important aspects of a company to carry out its responsibilities to the environment and society which makes the company no longer faced with and focuses on a single bottom line or corporate value but the company is also responsible for focusing on the triple bottom line, namely the Conducting business in a noble, honest, fair and responsible manner is an obligation to maintain the company's existence so that it is well received in its business chain. However, currently this is not enough for companies, companies are increasingly realizing that corporate social responsibility is also needed as a form of concern for the interests of stakeholders (4)(5) (6). Corporate social responsibility is not just a volunteer, but has become a requirement for companies to survive and develop (7). The influence of corporate social responsibility in constructive development with stakeholders also determines the success of the company in the long term (7)(8)(9).

RESEARCH METHODS
This study uses secondary data sources, namely data collected from the financial reports of companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2021 period which were obtained from the website www.idx.co.id. factors are constant. Simultaneous test results (F) can be described as follows: H0: β1, β2, β3, β4, = 0: t count < t table; then H0 is accepted and Ha is rejected. This means that Good corporate governance, portability, price earnings ratio, operating expenses and operating income simultaneously have no positive and significant effect on corporate social responsibility.

DISCUSSION
Based on simultaneous hypothesis testing (F test) shows that the results of statistical analysis of good corporate governance, profitability, price earnings ratio, operating expenses and operating income have a calculated F value of 6.894 > F table of 2.42 with a significance level of 0.000 <0.05 meaning good corporate governance, profitability, price earnings ratio, operating expenses and operating income simultaneously have a positive and significant impact on corporate social responsibility thus Ha is accepted and H0 is rejected.
The results of this study have a significant effect simultaneously because the higher the disclosure index is carried out by the company so that the results obtained are better and more significant. Disclosure of corporate social responsibility is not only concerned with only one aspect but from an economic, environmental and social development perspective, it is a social responsibility carried out by the company for the welfare of society.

CONCLUSION
This study concludes that good corporate governance partially has a positive and significant effect on corporate social responsibility. Profitability partially has a negative and significant effect on corporate social responsibility. Price earning ratio partially has a negative and significant effect on corporate social responsibility. Operating Expenses and Operating Income partially have no effect on corporate social responsibility. And good corporate governance, profitability, price earning ratio, operating expenses and operating income simultaneously affect corporate social responsibility.

SUGGESTION
Future research is expected to be able to expand the corporate sector while using a longer period of time and be able to use variables such as company size and environmental performance in corporate social responsibility disclosure.