GREEN INVESTMENT, CORPORATE SUSTAINABLE RESPONSIBILITY DISCLOSURE AND SOCIAL COLLABORATION INITIATIVES ANTECEDENCE FOR DRIVING FIRM PERFORMANCE

Abstract

Purposes : This study aims to build a conceptual model for improving the firm performance based on Green investment, CSR disclosure and social collaboration initiatives. Research methodology: A structural study methodology was adopted using 220 samples taken from managers and staff in manufacturing companies in the province of Central Java and data were collected by means of a questionnaire, to test the model and hypotheses in this study, the authors used Amos 25 as a data analysis tool. Findings: The results of this study indicate that there are two strategic pathways for improving firm  performance, the first strategies are achieved through green investment, CSR disclosure and form performance, the second strategy is disclosure of CSR, social collaborative initiatives and firm performance. Limitations: This study uses variables that are still abstract and have not been able to regress the dimensions contained there in into conclusion variables for each antecedent variable. In addition, this study only used a sample with a small scope, namely only in Central Java Province. Contribution: The results of this study can be applied to strengthen the agency theory and stakeholder theory contained in the study of financial management.The results of this study are legitimized to provide recommendations for practitioners, There are several practical managerial implications for improving the performance of manufacturing companies in Central Java in this case managers have to improve firm performance based on social and environmental performance as well as green-based investment decisions. Keywords: Green Investment, CSR Disclosure, Social Collaboration Initiatives, Firm Performance , Manufacture