PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN DENGAN IMPLEMENTASI CSR SEBAGAI VARIABEL PEMODERASI

Misbahul Munir, Eka Sevia Suryandari, Anik Mahmudah

Abstract


Corporate Governance is a system that regulates and controls the company that is expected to
provide and enhance the company’s value to its shareholders. This study aims to determine the effect of the
implementation of good corporate governance (GCG) to the value of state-owned banks companies listings in
Indonesia stock exchange (IDX) with the implementation of corporate social responsibility (CSR) as a moderating
variable. This research is a quantitative, analytical models using classical assumption test consists of a test
heterokedastisitas, non-autocorrelation test and normality test, followed by analysis using regression analysis
moderation. The results showed that, application of good corporate governance is proxied by Managerial
Ownership (X1), Proportion of Independent Commissioner (X2), Audit Committee (X3), Independence of the
Audit Committee (X4), Frequency of Audit Committee Meetings (X5) and the frequency of Board Meeting
(X5) simultaneously significant effect on firm value (Tobin’s Q). With the results of R Square of 61.1% means
that the variable Tobin’s Q (Y) in the six variables explained by the moderating variable of Corporate Social
Responsibility (Z). While the remaining 38.9% is explained by other variables or independent variables outside
the regression equation.

Keywords


good corporate governance; corporate sosial responsibility; variabel pemoderasi;

Full Text:

PDF


DOI: https://doi.org/10.18860/iq.v10i1.3579



Editorial Office:
Management Department,
Faculty of Economics,
State Islamic University of Maulana Malik Ibrahim
Gajayana Str. No. 50 Phone. (0341) 558881,
E-mail: iqtishoduna@uin-malang.ac.id

E-ISSN 2614-3437
P-ISSN 1829-524X

Lisensi Creative Commons
IQTISHODUNA under CC BY SA 4.0 Internasional.

Indexed by: 

Hasil gambar untuk gambar onesearchResearchBib

Member of: