Moderation of Profitability in the Interaction of Corporate Social Responsibility Disclosure, Consumer Proximity, Industry Sensitivity: Manufacturing Companies on IDX 2018-2020 Period

Abstract

Companies have an obligation to disclose Corporate Social Responsibility (CSR) so that stakeholders are considered not only concerned with profitability but also environmental and social issues. The purpose of this study is to determine the effect of consumer proximity and industrial sensitivity on CSR disclosure moderated by the profitability of manufacturing companies on the IDX for the 2018-2020 period. The population of 193 companies became 40 companies with purposive sampling. Multiple linear regression analysis and moderation analysis assisted by SPSS 26 were used to answer the hypothesis. The results showed that profitability can strengthen the influence of consumer proximity and industry sensitivity on CSR disclosure. Consumer proximity and industry sensitivity have a positive partial and simultaneous effect on CSR disclosure.