The role of control system in increasing corporate social performance: The use of levers of control

One important instrument to be used in the control system design is strategic behaviors that can lead to the expected organization performance.Referring to the extended definition of strategic behavior using stakeholder-based strategic behavior, corporate social performance is kind of strategic behavior to be influenced by using control system. This paper discusses how control system, using Simons’ levers of control can play important role in increasing the corporate social performance. The interaction between control system, including belief system, boundary system, diagnostic control system, and interactive control system, as well as the corporate financial performance (CFP) can affect the corporate social performance (CSP) due to fact that increase in CFP resulting from the appropriate use of control system components enables the company has more chance to do the CSP. The levers of control are deemed to form an integral part of employee socialization and support the development of an organization’s culture, the system of shared beliefs, values, norms, and mores of organizational members which are deemed to be a primary determinant of the direction of employee behavior

“Triple Bottom Line” as “Sustainable Corporate Performance”: A Proposition for the Future

Based upon a review of corporate performance, corporate financial performance and corporate social performance, we propose that the concept of ―triple bottom line‖ (TBL) as ―sustainable corporate performance‖ (SCP) should consist of three measurement elements, namely: (i) financial, (ii) social and (iii) environmental. TBL as SCP is proposed to be derived from the interface between them. We also propose that the content of each of these measurement elements may vary across contexts and over time. Furthermore, TBL as SCR should be interpreted to be a relative concept that is dynamic and iterative. Continuous monitoring needs to be performed, adapting the content of the measurement elements to changes that evolve across contexts and over time in the marketplace and society. TBL as SCP may be seen as a function of time and context. Keywords: triple bottom line; sustainable corporate performance; corporate social performance; financial performanc

Institutional Ownership and Corporate Social Performance: Empirical Evidence from Indonesian Companies

Prior research on the relationships of institutional ownership and corporate social responsibility has focused on North American (U.S. and Canada) and European companies. With the passage of Indonesian Law No. 40 in 2007, Indonesian companies are now obligated to conduct CSP. As these companies objected to the passage of this law, awareness of how CSP may benefit Indonesian companies in terms of its positive impact on institutional investors needs to be in- vestigated. Thus, this paper examines the relationships of IO and CSP for Indonesian compa- nies. Unfortunately, contrary to the results for North American and European companies, we found no relationships between institutional ownership and corporate social responsibility for Indonesian companies. This finding suggests that most institutional investors do not include CSP as part of their investment decisions. Keywords: Institutional ownership, Corporate social performance (CSP), corporate social responsibility (CSR), Indonesian companie

Corporate Social Performance of Indonesian State-Owned and Private Companies

The objectives of this study are to analyze the difference of corporate social performance between State-owned and private companies in Indonesia, and also to analyze the correlation between the corporate social performance (CSP) and the corporate financial performance by using company size, and institutional ownership as control variables. The population of this study is Indonesian state owned and private companies in the year of 2001-2004. Purposive sampling was used in this study, and final samples are 461 companies. The CSP or CSR (Corporate social responsibility) score is measured by content analysis of corporate annual report using seven item developed by Michael Research Jantzi Research Associate, Inc. The data is tested by independent t-test to determine the mean difference and by using partial correlation test to know the correlation between the corporate social performance and financial performance. The results of this study are that there is no significant difference mean of corporate social performance between state-owned and private owned companies in Indonesia. In addition, the correlation test indicates that there is no association between corporation social performance and financial performance both in SOCs and POCs

The Role of Control System in Increasing Corporate social Performance: The Use of Levers of Control

One important instrument to be used in the control system design is strategic behaviors that canlead to the expected organization performance. Referring to the extended definition of strategicbehavior using stakeholder-based strategic behavior, corporate social performance is kind ofstrategic behavior to be influenced by using control system. This paper discusses how controlsystem, using Simons’ levers of control can play important role in increasing the corporate socialperformance. The interaction between control system, including belief system, boundarysystem, diagnostic control system, and interactive control system, as well as the corporate financialperformance (CFP) can affect the corporate social performance (CSP) due to fact thatincrease in CFP resulting from the appropriate use of control system components enables thecompany has more chance to do the CSP. The levers of control are deemed to form an integralpart of employee socialization and support the development of an organization’s culture, thesystem of shared beliefs, values, norms, and mores of organizational members which aredeemed to be a primary determinant of the direction of employee behavior. Copyright © www.iiste.or

Conceptual framework for IFRS adoption, audit quality and earnings management : the case of Bangladesh

This study propose to explore the moderating role of audit quality on the relationship between IFRS adoption and earnings management as well as the effect of IFRS adoption on earnings management in the context of Bangladesh, as developing economy. Earlier literature document that the relationship among IFRS adoption, audit quality and earnings management are not conclusive. In case of IFRS adoption, it is incoherent which may be the result of difference in culture, practices and legal strength of the country. This study considers discretionary accruals as proxy of earnings management which is measured by the extended modified Jones model. Moreover, the influence of audit quality on the association between IFRS adoption and earnings management is also proposed to investigate. This study expects to explore the effect of IFRS adoption on earnings management in the context of developing country, like Bangladesh. It may be informative for the reader to understand the outcome of IFRS adoption, audit quality on earnings management in developing economy.peer-reviewe

Pengaruh Leader Member Exchange Kepuasan Kerja Dan Karakteristik Individu Terhadap Kinerja Pegawai Pada Puskesmas Banda Sakti Lhokseumawe

This study examined the effect of leader-member exchange, job satisfaction, and individual characteristics on employee performance at Banda Sakti Lhokseumawe Health Center. This study uses primary data obtained by distributing questionnaires to 63 respondents who were selected using the Proportional stratified random sampling technique. The data analysis method used is multiple linear regression analysis methods using SPSS 16.00 software. The results partially showed that the Leader-member exchange had a positive and significant effect on the performance of the Banda Sakti Lhokseumawe Health Center employees, Job satisfaction had a positive and significant effect on employee performance at Banda Sakti Lhokseumawe Health Center, Individual characteristics had a positive and significant effect on employee performance at the Banda Sakti Lhokseumawe Health Center. Simultaneously, Leader-Member Exchange, Job Satisfaction, and Individual Characteristics have a positive and significant effect on employee performance

Aspek Budaya Dalam Buku Ajar Bahasa Prancis Version Originale 1

Tujuan penelitian ini adalah untuk mengetahui kandungan aspek budaya yang terdapat dalam buku ajar Version Originale 1 sebagai buku ajar dalam pembelajaran bahasa Prancis dengan pendekatan aksional. Selain itu, penelitian ini juga bertujuan untuk mengetahui bagaimana cara pemaparan dan fungsi dari aspek kebudayaan tersebut yang sangat penting dalam pencapaian tujuan pembelajaran bahasa Prancis. Penelitian ini adalah suatu penelitian kualitatif yang menggunakan metode deskriptif dan pendekatan analisis isi. Objek penelitian ini adalah buku ajar Version Originale 1 yang ditujukan kepada pembelajar bahasa Prancis usia remaja pada tingkat awal. Data dalam penelititan ini berupa materi ajar dalam bentuk foto, teks, dan gambar ilustrasi yang terdapat dalam 4 Unité pertama dalam buku ajar Version Originale 1. Teknik pengumpulan data dalam penelitian ini adalah dokumentasi. Dalam penelitian ini, yang menjadi instrumen penelitian adalah peneliti sendiri dan dibantu dengan tabel data yang dibuat berdasarkan teori pemaparan aspek budaya dalam buku ajar. Sebelum proses analisis dilakukan, data terlebih dahulu direduksi dengan mengambil 4 unité pertama dari 8 unité, dan menyeleksi dokumen berupa teks, foto, dan ilustrasi yang mengandung aspek budaya. Data tersebut kemudian disajikan dalam tabel analisis data yang diklasifikasikan berdasarkan bagian-bagian pada tiap Unité (Premier Contact, Textes et contexts, À la découverte de la langue, Outils, Outils en action et… Taches, dan Regard sur). Setelah itu, data dikelompokkan sesuai kandungan aspek budaya yang dipaparkan. Hasil penelitian menunjukan bahwa aspek budaya dalam buku ajar Version Originale 1 sangat beragam. Di samping itu, aspek budaya yang dipaparkan cenderung terdapat pada bagian Premier contact dan Regard sur. Aspek budaya yang bertujuan sebagai kompetensi savoir antara lain tentang keadaan masyarakat Prancis yang heterogen karena keberadaan imigran. Selain itu juga institusi seperti Université de Lyon, dan gaya hidup masyarakat Prancis seperti berpergian, bekerja, serta memaparkan gaya hidup di beberapa wilayah tempat tinggal yang berbeda, seperti di pedesaan, di pusat kota, dan di pinggir kota. Di samping itu, terdapat aspek budaya yang ditujukan untuk kompetensi savoir-vivre yaitu mengenai perilaku sosial dari masyarakat Prancis di perkotaan, pedesaan, dan pinggir kota. Aspek budaya sebagai savoir-faire yaitu mengenai praktek kebahasaan formal dan informal dalam bahasa Prancis, serta tata cara penulisan nama, alamat, dan nomor telepon dalam bahasa Prancis. Penelitian ini diharapkan mampu membantu pemerolehan kompetensi kultural yang terkandung dalam buku ajar sehingga berguna untuk mencapai tujuan pembelajaran

Institutional Ownership and Corporate Social Performance: Empirical Evidence from Indonesian Companies

Prior research on the relationships of institutional ownership and corporate social responsibilityhas focused on North American (U.S. and Canada) and European companies. With the passageof Indonesian Law No. 40 in 2007, Indonesian companies are now obligated to conduct CSP.As these companies objected to the passage of this law, awareness of how CSP may benefitIndonesian companies in terms of its positive impact on institutional investors needs to be investigated.Thus, this paper examines the relationships of IO and CSP for Indonesian companies.Unfortunately, contrary to the results for North American and European companies, wefound no relationships between institutional ownership and corporate social responsibility forIndonesian companies. This finding suggests that most institutional investors do not includeCSP as part of their investment decisions. Copyright © www.iiste.or

The Link between Corporate Social Performance and Financial Performance: Evidence from Indonesian Companies

This study examines the relationship of corporate social performance (CSP) to corporate financialperformance (CFP) to determine if CSP is related to firm performance. Additionally, itexamines whether firm size or industry affects the relationships between CSR and CSP. Thisstudy advances the literature as it examines this relationship for companies in a developingcountry, Indonesia, along with examining the impact of moderating variables on this relationship.Two models were developed: the first model was derived using slack resource theory andthe second model was developed using the good management theory. Through the examinationof 383 firms, the result of the study failed to find a significant relationship between CSP andCFP in either model. Further analysis, using the slack resource theory, did find that companysize had a significant positive moderating effect on the relationship between CSP and CFP.  Copyright © www.iiste.or