Moderation Effect of Audit and Risk Management Committee Between Creditor Power and CSR Disclosure

This study examines the influence of Creditor Power on Manufacturing businesses registered at the Indonesia Stock
Exchange must disclose their corporate social responsibility in their annual reports. Creditor Power was utilized as an
independent variable, CSR Disclosure was employed as a dependent variable, and Audit Committee and Risk
Management Committee were used as moderating variables in this study. The study focused on 116 manufacturing
businesses that were listed on the Indonesia Stock Exchange between 2015 and 2019. Purposive sampling was utilized
in this study. Secondary data was utilized in the form of annual reports retrieved from the companys website or the
Indonesia Stock Exchanges official website (IDX). Data was analyzed using the Warp PLS 7.0 software and the
Structural Equation Model (SEM) technique with the Partial Least Square (PLS) method. (1) Creditor Power has a
detrimental impact on the amount of Corporate Social Responsibility Disclosure, according to the findings. (2) The
effect of Creditor Power and Corporate Social Responsibility Disclosure cannot be moderated by the Audit Committee
as a moderating variable. (3) The Enterprise Risk Management Committee cannot moderate the influence of Creditor
Power and CSR as a moderating variable