Corporate Social Responsibility (CSR) Disclosure, Earnings Response Coefficient (ERC), and the Chance to Grow

Abstract

The purpose of this research is to find empirical evidence that disclosure of Corporate Social Responsibility (CSR) has a positive effect on the Earnings Response Coefficient (ERC). This study uses a sample of companies included in the SRI-Kehati Index for the period 2014-2018. This study was analyzed using Moderated Regression Analysis (MRA) with the SPSS version 20 application. The results of this study indicate that CSR disclosure has a positive effect on ERC, while growth opportunities cannot moderate the relationship between CSR disclosures on ERC. This study contributes empirically to the development of theories on corporate social responsibility.