The Influence of Corporate Social Responsibility and Stakeholder Commitment to Company Performance with Slack Resources as Moderation

Abstract

This study aims to examine The Influence of CSR and Stakeholder Commitment on Firm performance with Slack Resources as Moderation. This research's contribution is that companies carry out philanthropy to communities affected by Covid19, and companies with excess resources can help people affected by Covid19. This study offers analysis method using PLS. We find that companies make every effort to make stakeholders believe that the company pays attention to social and environmental aspects. The slack resource has a direct effect to firm performance. Stakeholder commitment increases the disclosure of the company's financial performance. In CSR programs, companies can set aside profits to do philanthropy to empower communities, improve environmental damage, and carry out philanthropy to communities affected by the Covid-19 pandemic. The availability of company resources can improve the relationship between stakeholder commitment and company financial performance. The company uses resources to deal with unexpected conditions both internally and externally. Companies with excess resources can do philanthropy to help people affected by Covid19.