Perceptions on corporate social responsibility: A study in capturing public confidence

✍ Scribed by Elvia Shauki

• Publisher: John Wiley and Sons
• Year: 2011
• Tongue: English
• Weight: 85 KB
• Volume: 18
• Category: Article
• ISSN: 1535-3958
• DOI: 10.1002/csr.267

✦ Synopsis

This study examines the perceptions and expectations of the stakeholders of corporate social responsibility (CSR) disclosure practices in Indonesia based on CSR-related items. Using survey data on CSR disclosures in Indonesia, this study applies factor analysis to identify relationships among nine CSR characteristics. The statistical results indicate that the relationship between CSR contents, incentives, format, public confi dence, and impact on investment decisions is positively and directly related. Furthermore, incentives also infl uence investment decisions via CSR contents, formats, and changes in public confidence. However, there is no signifi cant relationship between expectations, importance of CSR reporting, CSR reputation, and level of public confi dence in both direct and mediating models. The results also show that there is signifi cant difference in stakeholders' perceptions of CSR disclosures among gender, age, job category, and work tenure. These fi ndings provide better insight for reports and regulators on the appropriateness of CSR and policy implications related to impact on investment decisions.