Title: Concentrated ownership and corporate social responsibility disclosure: the role of moderation of political connection

Authors: Miranda Dewina Hutapea; Yeterina Widi Nugrahanti; Jean Stevany Matitaputty; Supatmi Supatmi

Addresses: Economics and Business Faculty, Satya Wacana Christian University, Salatiga, Indonesia ' Economics and Business Faculty, Satya Wacana Christian University, Salatiga, Indonesia ' Economics and Business Faculty, Satya Wacana Christian University, Salatiga, Indonesia ' Economics and Business Faculty, Satya Wacana Christian University, Salatiga, Indonesia

Abstract: This study aims to test empirically the effect of concentrated ownership on the disclosure of corporate social responsibility by adding the variable of moderation of political connection to manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2018-2020. This study uses a quantitative approach. A total of 149 companies are studied. Non-probability sampling and purposive sampling methods are used for sampling techniques for 447 samples in this study. Data in this study is processed with the regression analysis technique for panel data which is processed using Eviews 10. The results of the study show that concentrated ownership has a positive effect on CSR disclosure while political connection weakens the effect of concentrated ownership on CSR disclosure.

Keywords: concentrated ownership; CSR disclosure; political connection.

DOI: 10.1504/AAJFA.2024.142120

Afro-Asian Journal of Finance and Accounting, 2024 Vol.14 No.6, pp.776 - 791

Received: 30 Dec 2022
Accepted: 31 Aug 2023
Published online: 08 Oct 2024 *

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