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
