THE EFFECT OF CORPORATE SOCIAL RESPONSIBILITY AND FIRM SIZE DISCLOSURE ON ASYMMETRIC INFORMA TION IN COMPANIES LISTED ON INDONESIA STOCK EXCHANGE

摘要

This study aims to determine and prove the influence of disclosure of Corporate Social Responsibility and Firm Size on the decline in Information Asymetry. Corporate Social Responsibility disclosure rates are assessed using the GRI (Global Reporting Initiative) criteria and Firm Size is measured using logarithmic calculations of total company assets. Information Asymetry is measured using a bid ask spread. This research was conducted on companies listed on the Indonesia Stock Exchange and registered in the GRI database with 162 observations. The results of this study indicate that there is a negative influence and a significant level of disclosure of Corporate Social Responsibility on Information Asymetry. The results also show that there is a negative and significant influence on the firm size or size of the company against Information Asymetry.