THE EFECT OWNER STRUCTURE ON THE DISCLOSURE CORPORATE SOCIAL RESPONSIBILITY IN BANKING COMPANY LISTED INDONESIA STOCK EXCHANGE

Abstract

The Agency theory postulates the difference type ownership bring different level CSR disclosure.  Therefore, study of the effect of ownership on CSR disclosure become important. However, this kind of study is limited by using Indonesia’s data. So, there is a desired need to research.  This study aims to obtain empirical evidence of the influence of the type of ownership on corporate social responsibility disclosure. The sample of this study is financial institution that listing in Indonesia Stock Exchange. Data used is secondary data and  obtained from the company's financial statements and annual report are published in the website  www.idx.go.id. Research conducted in the period from 2009 to 2012 . In this study the variables used can be grouped into two. The first variable  is the independent which consists of managerial ownership , institutional ownership , family ownership , foreign ownership and government ownership. The second is the dependent variable, namely the disclosure of corporate social responsibility. The process of testing data were statistically using multiple linear regression. Based on the results of the hypothesis testing found that managerial ownership, institutional ownership and foreign ownership do not significantly influence the disclosure of corporate social responsibility. Thus, it also found that family ownership and government ownership have a significant effect on the disclosure of corporate social responsibility in the banking companies. this study has a practical and theoretical implication and offer the some recommendations for future researcher.

Keywords        Managerial Ownership , Institutional Ownership , Ownership Family , Foreign Ownership and Government Ownership .