Disclosure Corporate Social Responsibility and Earning Response Coefficient Companies in Indonesia

Abstract

This study aims to analyze the effect of Corporate Social Responsibility (CSR disclosure) disclosure on Earning Response Coefficient (ERC) companies in Indonesia. The study method uses explanatory surveys with data collection techniques sourced from the Indonesia Stock Exchange report. The samples used were as many as 150 companies listed on the Indonesia Stock Exchange in 2018. The collected data was then analyzed using multiple regression analysis. The results of the study indicate that the disclosure of Corporate Social Responsibility does not affect the Earning Response Coefficient (ERC). This finding implies that investors have not paid attention to social information disclosed in the company's annual report as information that can influence investors in making investment decisions.