PENGARUH CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE TERHADAP RETURN SAHAM PADA PERUSAHAAN HIGH PROFILE YANG LISTED DI BURSA EFEK INDONESIA

Abstract

The aim of this study was examine the effect of stock return practice among listed high profile companies at Indonesia Stock Exchange. The factors being examined was Corporate Social Responbility disclosure. CAR is used to determine stock return. The study using 177 high profile companies listed in Indonesia Stock Exchange, with period between 2008-2010. The hypothesis was tested using linier regression. Both F-test dan t-test have also been used to test the significance of the study hypothesis. Linier regression showed that both partially and simultaneosly, Corporate Social Responsibility disclosure didn’t prove to have a significant influence on stock return.