Financial Distress and Financial Perfomance: Investigating Moderating Effect of CSR

The purpose of this research is to examine the role of corporate social responsibility (CSR) in the link between financial hardship and financial success in primary consumer goods companies listed on the Indonesia Stock Exchange (IDX) in 2019-2020. This study's population primary consumer goods companies. Purposive judgment sampling was used in line with preset criteria, and a sample of 126 firms was collected. This research employs statistical analysis as well as regression analysis with moderating variables. According to the findings of this study, CSR has a favorable impact on the financial success of a companies. The company's financial performance suffers as a result of financial distress. Meanwhile, CSR cannot moderate the relationship between financial distress and the company's financial performance.