Apakah Good Corporate Governance Perspektif dan Corporate Social Responbility Indeks Berpengaruh Terhadap Kinerja Keuangan?
DOI:
https://doi.org/10.36815/prive.v3i2.707Keywords:
Good Corporate Governance, Corporate Social Responsibility, Financial PerformanceAbstract
This study aims to determine the effect of the implementation of Good Corporate Governance perspective and Corporate Social Responsibility on financial performance in mining sector companies listed on the Indonesia Stock Exchange in 2015-2018. Good Corporate Governance consists of audit committee, the size the board of directors, the proportion of independent directors, and the number of board of commissioners. The research uses 12 samples in mining sector companies from 2015-2018 who did not have negative profit. The research sampling technique uses purposive sampling method while for data analysis uses multiple linear regression. The results show that the proxy committee variable proxy and the size of the board of directors have a significant effect on financial performance which is proxied by the ROE variable. As for the proxy variable, the proportion of independent directors and the number of board of commissioners do not significantly influence the financial performance that is proxied by ROE. Variable Corporate social responsibility index shows the results do not affect the financial performance which is proxied by the ROE variable. This research is important to be carried out as a study material for the mining industry on the importance of implementing GCG and CSR
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Stuebs, Marty, and Li Sun. 2015. “Corporate Governance and Social Responsibility.” International Journal of Law and Management 57(1): 38–52.
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Akben-Selcuk, Elif. 2019. “Corporate Social Responsibility and Financial Performance: The Moderating Role of Ownership Concentration in Turkey.” Sustainability 11(13): 3643.
Alqatamin, Rateb Mohammad. 2018. “Audit Committee Effectiveness and Company Performance: Evidence from Jordan.” Accounting and Finance Research 7(2): 48.
Ashari, Sidiq, and Krismiaji Krismiaji. 2020. “Audit Committee Characteristics and Financial Per formance: Indonesian Evidence.” EQUITY 22(2): 139.
Boonnual, Chutimant, Wanchai Prasertsri, and Panarat Panmanee. 2017. “Corporate Social Responsibility and Firm Performance in Thailand.” Journal of Business & Retail Management Research 12(01): 169–77.
Bouaziz, Zied, and Mohamed Triki. 2012. “The Impact of the Presence of Audit Committees on the Financial Performance of Tunisian Companies.” IJMBS InternatIonal Journal of ManageMent & BusIness studIes 2(57): 2230–9519.
Emile, Rimon. 2015. “The Effect of Corporate Governance on Firm Performance, Evidence from Egypt.” Asian Economic and Financial Review 4(1): 1865–77.
Ferial, F., S. Suhadak, and S. Handayani. 2016. “PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN DAN EFEKNYA TERHADAP NILAI PERUSAHAAN (Studi Pada Badan Usaha Milik Negara Yang Terdaftar Di Bursa Efek Indonesia Periode 2012-2014).” Jurnal Administrasi Bisnis S1 Universitas Brawijaya 33(1): 146–53.
Fernandes, Nuno. 2008. “EC: Board Compensation and Firm Performance: The Role of ‘Independent’ Board Members.” Journal of Multinational Financial Management 18(1): 30–44.
Fitriani, Luthfilia Desy, and Dini Wahyu Hapsari. 2015. “Pengaruh Good Corporate Governance Dan Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan.” e-Proceding of Management 2(3): 3458–74.
Giannarakis, Grigoris, George Konteos, Eleni Zafeiriou, and Xanthi Partalidou. 2016. “The Impact of Corporate Social Responsibility on Financial Performance.” Investment Management and Financial Innovations 13(3): 171–82.
Kamatra, Novrianty, and Ely Kartikaningdyah. 2015. “Effect Corporate Social Responsibility on Financial Performance.” International Journal of Economics and Financial Issues 5(2013): 157–64.
Mahrani, Mayang, and Noorlailie Soewarno. 2018. “The Effect of Good Corporate Governance Mechanism and Corporate Social Responsibility on Financial Performance with Earnings Management as Mediating Variable.” Asian Journal of Accounting Research 3(1): 41–60.
Mansaray, Amidu P, Liu Yuanyuan, and Sesay Brima. 2017. “The Impact of Corporate Social Responsibility Disclosure on Financial Performance of Firms in Africa.” International Journal of Economics and Financial Issues 7(5): 137–46.
Masitoh, Novi Syiti, and Nurul Hidayah. 2018. “PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAAN (Studi Empirik Pada Perusahaan Perbankan Di BEI Tahun 2014 – 2016).” TEKUN: Jurnal Telaah Akuntansi dan Bisnis 9(1): 49–59.
Melawati, Siti Nurlaela, and Endang Masitoh Wahyuningsih. 2016. “PENGARUH GOOD CORPORATE GOVERNANCE, CSR, DAN UKURAN PERUSAHAAN TERHADAP KINERJA PERUSAHAAN Melawati 1 SitiNurlaela 2) EndangMasitoh Wahyuningsih 3 ).” 4(2).
Michelberger, Knut. 2016. “CORPORATE GOVERNANCE Effects on FIRM PERFORMANCE: A Literature Review.” Regional Formation and Development Studies 20(3): 84–95
Mirchandani, Anita, and Namrata Gupta. 2018. “Impact of Ownership Structure and Corporate Governance on the Performance: A Case of Selected Banks in UAE.” International Journal of Economics and Financial Issues 8(3): 197–206.
Mišura, Marcela, Ljerka Cerovi?, and Vesna Buterin. 2018. “Relationship between Corporate Social Responsibility and Business Success: Case of the Global Tobacco Industry.” Management Journal of Contemporary Management Issues 23(1): 157–71.
Mohammed, Ahmed Maqsad. 2018. “The Impact of Audit Committee Characteristics on Firm Performance: Evidence from Jordan.” Academy of Accounting and Financial Studies Journal 22(5).
Muchtar, Susy, and Elsa Darari. 2013. “Pengaruh Corporate Governance Terhadap Terdaftar Di Bursa Efek Indonesia.” Jurnal Manajemen dan Pemasaran Jasa 6: 109–32.
Olayiwola, and Temitope Khafilat. 2018. “The Effect Of Corporate Governance On Financial Performance Of Listed Companies In Nigeria.” European Journal Of Accounting, Auditing and Finence Research 6(9): 85–98.
Palaniappan, G. 2017. “Determinants of Corporate Financial Performance Relating to Board Characteristics of Corporate Governance in Indian Manufacturing Industry.” European Journal of Management and Business Economics 26(1): 67–85.
Rahmawati, I.A., Rikumahu, Brady., dan Dillak, V.J. 2017. “Pengaruh Dewan Direksi, Dewan Komisaris, Komite Audit Dan Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan.” Jurnal Akuntansi dan Ekonomi 2(2): 54–70.
Siallagan, Hamonangan, and Indira Januarti. 2014. “The Effect of Good Corporate Governance Implementation and Proportions of State Ownership on Banking Firms Market Value.” International Journal of Business, Economics and Law 5(1): 28–37.
Stuebs, Marty, and Li Sun. 2015. “Corporate Governance and Social Responsibility.” International Journal of Law and Management 57(1): 38–52.
Topal, Yusuf; mesut dogan. 2014. “Impact of Board Size on Financial Performance: The Case of BIST Manufacturing Industry *.” International Journal of Business Management and Economic Research (IJBMER) 5(4): 74–79.
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Published
2020-09-30
How to Cite
Putri, A. Z., & Pramudiati, N. (2020). Apakah Good Corporate Governance Perspektif dan Corporate Social Responbility Indeks Berpengaruh Terhadap Kinerja Keuangan?. PRIVE: Jurnal Riset Akuntansi Dan Keuangan, 3(2), 1–11. https://doi.org/10.36815/prive.v3i2.707
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