The Influence of Company Size, Profitability, and Leverage on CSR Disclosure in Mining Companies

Abstract

This study aims to examine the effect of firm size, profitability, and leverage on Corporate Social Responsibility (CSR) disclosure in mining companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The independent variables consist of firm size, profitability, and leverage, while CSR disclosure serves as the dependent variable. The research population includes mining companies listed on the Indonesia Stock Exchange, with 18 companies selected based on predetermined criteria. Mining companies were chosen because their operational activities are closely related to natural resource exploitation and have the potential to generate significant social and environmental impacts. CSR disclosure is measured using the Global Reporting Initiative (GRI) version 3.0 indicators based on information presented in the companies’ annual reports. This study applies a quantitative approach, and the data are analyzed using multiple linear regression with SPSS version 25. The regression model obtained is Y = 0.577 + 1.350X1 + 0.124X2 - 0.014X3 + e. The results indicate that firm size has a significant effect on CSR disclosure. Meanwhile, profitability and leverage do not significantly affect CSR disclosure. These findings suggest that larger companies tend to disclose more CSR information, while financial performance and capital structure do not necessarily determine the extent of CSR disclosure in mining companies.