The Influence of Corporate Social Responsibility (Csr) on Profitability with Company Size as a Moderating Variable in Oil and Gas Companies on the Indonesia Stock Exchange

Abstract

This study aims to examine the effect of Corporate Social Responsibility (CSR) on Return On Asset (ROA), Return On Equity (ROE), and Net Profit Margin (NPM) with Firm Size as a moderating variable in oil and gas companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023. The sampling method used in this study was purposive sampling, selecting 9 companies. The analysis was conducted using multiple linear regression and Moderated Regression Analysis (MRA) with the assistance of SPSS 27. The results indicate that CSR has a significant effect on NPM but does not affect ROA and ROE. Furthermore, Firm Size strengthens the effect of CSR on NPM but does not moderate its effect on ROA and ROE. The simultaneous test shows that CSR and Firm Size together have a significant effect only on NPM. The coefficient of determination (adjusted R²) results also suggest that CSR contributes more to NPM than to ROA and ROE, both before and after being moderated by Firm Size.