Title:
THE EFFECT OF THE IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY ON RETURN ON EQUITY: CASE STUDY OF STATE OWNED RAILWAY COMPANY IN INDONESIA

Authors:
Muh. Fathur Roji, Ari Kuncara Widagdo, Wahyu Widarjo, Indonesia

Abstract:

This study aims to see whether partnership funds and environmental development funds as CSR indicators can influence significantly on return on equity (ROE) on transportation service companies, namely PT. Kereta Api Indonesia (Persero), in the period of 2008-2019. Data is collected through annual reports of PT. Kereta Api Indonesia in the period of 2008–2019. The method of analysis is multiple linear regression analysis. The results of this study indicate that the partnership funds and community development funds are negative and significantly associated with ROE.