FOOD AND BEVERAGE COMPANIES LISTED ON ASEAN COUNTRIESRN 2020-2023 Cahya Afria Melani Primary Author mixed material bibliography Banda Aceh Fakultas Ekonomi dan Bisnis 2025

Skripsi

ABSTRACT This study examines the relationship between Corporate Social Responsibility (CSR) and the Effective Tax Rate (ETR) effect the financial performance of food and beverage firms in ASEAN countries. The study employs a quantitative method, utilizing data from 110 observations collected from 35 companies over the period from 2020 to 2023. Data processing and analysis were conducted using multiple regression techniques by SPSS Statistics 26. The study utilizes three separate regression analyses: Before COVID-19 (2020-2021), After COVID-19 (20222023), and Overall period (2020-2023). The findings show that during the COVID19 period (2020–2021), CSR had a negative yet statistically insignificant effect on the debt-to-equity ratio. In the post-pandemic period (2022–2023), CSR had a positive but still statistically insignificant effect. However, ETR demonstrated a positive and significant impact on the debt-to-equity ratio in both periods. This suggests that CSR does not have a strong direct impact on financial performance, whereas ETR plays a more significant role in corporate financial performance. This study provides valuable information about how social responsibility and tax polices affect the financial performance of food and beverage companies in the ASEAN countries. Keywords: CSR Disclosure, Effective Tax Rate, Sales Growth, Firm Age, Firm Size, Debt to Equity Ratio 0 ELECTRONIC THESES AND DISSERTATION Universitas Syiah Kuala 159475 2025-07-09 22:14:43 2025-07-10 09:12:13 machine generated