Article Sidebar

Download
View Article
Statistic
Read Counter : 1256 Download : 940

Downloads

Download data is not yet available.

Main Article Content

Abstract

This study examines and determines the effect of good corporate governance on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange through Corporate Social Responsibility. This research is quantitative research with a descriptive statistical approach. The population in this study are manufacturing companies in the food and beverage sub-sector and 28 companies listed on the Indonesia Stock Exchange for the 2019-2021 period. Determined the sample using purposive sampling and obtained a total sample of 23 companies. The data source of this research is secondary data in the form of annual financial reports of manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX) for the period 2019-2021. The data analysis method used is descriptive statistical analysis, classical assumption test consisting of (test normality test, heteroscedasticity test, multicollinearity test) and testing all hypotheses through the partial test, simultaneous test, and coefficient of determination test with the help of Eviews tool. The results show that Good Corporate Governance has no significant effect on manufacturing companies' financial performance on the Indonesia Stock Exchange. Corporate Social Responsibility significantly influences the financial performance of manufacturing companies listed on the Indonesia Stock Exchange. Corporate Social Responsibility has a significant effect on moderating the relationship between Good Corporate Governance and the financial performance of manufacturing companies listed on the Indonesia Stock Exchange.

Keywords

Good Corporate Governance Corporate Social Responsibility Company Financial Performance

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Indriakati, A. J., & Daga, R. (2022). The Influence of Good Corporate Governance on Financial Performance Through Corporate Social Responsibility. Atestasi : Jurnal Ilmiah Akuntansi, 5(1), 269–283. https://doi.org/10.57178/atestasi.v5i1.360
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Abriyani, D. R., & Wiryono, S. K. (2012). The effect of good corporate governance and financial performance on the corporate social responsibility disclosure of telecommunication company in Indonesia. Indonesian Journal of Business Administration, 1(5), 68447. https://journal.sbm.itb.ac.id/index.php/IJBA/article/view/404
  2. Adeusi, S. O., Akeke, N. I., Aribaba, F. O., & Adebisi, O. S. (2013). Corporate governance and firm financial performance: do ownership and board size matter? Academic Journal of Interdisciplinary Studies, 2(3), 251. https://www.richtmann.org/journal/index.php/ajis/article/view/1411
  3. Adnyani, N. P. S., Endiana, I. D. M., & Arizona, P. E. (2020). Pengaruh penerapan good corporate governance dan corporate social responsibility terhadap kinerja perusahaan. Kumpulan Hasil Riset Mahasiswa Akuntansi (KHARISMA), 2(2). http://e-journal.unmas.ac.id/index.php/kharisma/article/view/983
  4. Bhernadha, Y. A. (2016). Pengaruh corporate social responsibility terhadap kinerja keuangan perusahaan (studi pada perusahaan winner of sustainability reporting awards (SRA) 2015 di PT BEI Periode 2010-2014). Universitas Brawijaya. http://repository.ub.ac.id/118402/
  5. Djamilah, S., & Surenggono, S. (2017). Corporate social responsibility sebagai variabel pemediasi pengaruh good corporate governance terhadap kinerja keuangan. AKRUAL: Jurnal Akuntansi, 9(1), 41–53. https://doi.org/10.26740/jaj.v9n1.p41-53
  6. Fadilah, F. H., & Khairunnisa, K. (2018). Pengaruh good corporate governance dan pengungkapan corporate social responsibility terhadap kinerja keuangan perbankan (studi pada Bank Umum Milik Negara Dan Bank Umum Milik Swasta Yang Terdaftar di Bursa Efek Indonesia Tahun 2013-2016). EProceedings of Management, 5(3). https://openlibrarypublications.telkomuniversity.ac.id/index.php/management/article/view/7258
  7. Fitriani, L. D., & Hapsari, D. W. (2015). Pengaruh good corporate governance dan corporate social responsibility terhadap kinerja keuangan perusahaan (studi pada perbankan milik pemerintah dan swasta yang terdaftar di BEI tahun 2011-2013). EProceedings of Management, 2(3). https://openlibrarypublications.telkomuniversity.ac.id/index.php/management/article/view/1857
  8. Hamdani, M., & Maesaroh, I. (2014). Pengaruh pengungkapan corporate social responsibility dan good corporate governance terhadap kinerja perusahaan dan harga saham pada perusahaan LQ45. Laporan Penelitian Lanjut Bidang Ilmu. http://repository.ut.ac.id/5483/1/2014_196.pdf
  9. Hariyati, R. M., & Oliviani, O. D. (2013). Pengaruh audit manajemen dan pengendalian intern terhadap kinerja perusahaan dengan good corporate governance sebagai variabel intervening (studi pada PT. Jamsostek (Persero) Divisi Regional VI Jawa Timur). http://hdl.handle.net/11617/3797
  10. Honi, H., Saerang, I. S., & Tulung, J. E. (2020). Pengaruh good corporate governance terhadap kinerja keuangan Bank Umum Konvensional tahun 2014-2018. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 8(3). https://doi.org/10.35794/emba.v8i3.29984
  11. Jayanti, K. R. (2018). Pengaruh good corporate governance dan profitabilitas terhadap pengungkapan corporate social responsibility (studi pada perusahaan sektor pertambangan yang terdaftar di Bursa Efek Indonesia Periode 2015-2016). Universitas Brawijaya. http://repository.ub.ac.id/162768/
  12. Jo, H., & Harjoto, M. A. (2012). The causal effect of corporate governance on corporate social responsibility. Journal of Business Ethics, 106(1), 53–72. https://link.springer.com/article/10.1007/s10551-011-1052-1
  13. Kabir, R., & Thai, H. M. (2017). Does corporate governance shape the relationship between corporate social responsibility and financial performance? Pacific Accounting Review. https://doi.org/10.1108/PAR-10-2016-0091
  14. Mangantar, M. (2019). The influence of corporate social responsibility and corporate governance on banking financial performance. https://www.um.edu.mt/library/oar/handle/123456789/47877
  15. Maryanti, E., & Fithri, W. N. (2017). Corporate social responsibilty, good corporate governance, kinerja lingkungan terhadap kinerja keuangan dan pengaruhnya pada nilai perusahaan. Journal of Accounting Science, 1(1), 21–37. https://doi.org/10.21070/jas.v1i1.773
  16. Maryanti, E., & Tjahjadi, B. (2013). Analisis dan corporate social responsibility good corporate governanceterhadap kinerja keuangan yang mempengaruhi nilai perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Majalah Ekonomi, 23(1). https://www.e-journal.unair.ac.id/JEBA/article/view/4534/0
  17. Noviawan, R. A., & Septiani, A. (2013). Pengaruh mekanisme corporate governance dan struktur kepemilikan terhadap kinerja keuangan. Fakultas Ekonomika dan Bisnis. http://eprints.undip.ac.id/40140/
  18. Nurhayati, M. (2012). Analisis pengaruh kinerja keuangan, good corporate governance dan corporate social responsibility terhadap nilai perusahaan yang terdaftar dalam LQ45 pada tahun 2009-2011. https://www.academia.edu/download/63544951/Jurnal_OK20200606-4268-esxjwa.pdf
  19. Pekovic, S., & Vogt, S. (2021). The fit between corporate social responsibility and corporate governance: the impact on a firm’s financial performance. Review of Managerial Science, 15(4), 1095–1125. https://link.springer.com/article/10.1007/s11846-020-00389-x
  20. Poluan, S. J., & Wicaksono, A. A. (2019). Pengaruh pengungkapan good corporate governance terhadap nilai perusahaan pada badan usaha milik negara yang terdaftar di Bursa Efek Indonesia Perioda 2013-2017. JIM UPB (Jurnal Ilmiah Manajemen Universitas Putera Batam), 7(2), 228–237. https://mail.pbtv.co.id/index.php/jim/article/view/1238
  21. Sari, N., & Asyik, N. F. (2020). Pengaruh good corporate governance dan pengungkapan corporate social responsibility terhadap kinerja perusahaan. Jurnal Ilmu dan Riset Akuntansi (JIRA), 9(12). http://jurnalmahasiswa.stiesia.ac.id/index.php/jira/article/view/4340
  22. Siagian, T. P. P., & Hadiprajitno, P. B. (2013). Analisis pengaruh corporate governance terhadap kinerja perusahaan (studi empiris pada perusahaan perdagangan dan jasa). Fakultas Ekonomika dan Bisnis. http://eprints.undip.ac.id/40110/
  23. Situmorang, C. V., & Simanjuntak, A. (2019). Pengaruh good corporate governance terhadap kinerja keuangan perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Jurnal Akuntansi Dan Bisnis: Jurnal Program Studi Akuntansi, 5(2), 160–169. https://doi.org/10.31289/jab.v5i2.2694
  24. Soelton, M., Ramli, Y., Anggraini, D., & Khosasi, D. (2020). Implementing good corporate governance to engage corporate social responsibility in financial performance. https://www.um.edu.mt/library/oar/handle/123456789/56455
  25. Warda, R. (2013). Pengaruh penerapan corporate social responsibility terhadap profitabilitas pada perusahaan pertambangan yang tercatat di Bursa Efek Indonesia. Universitas Hasanuddin. http://repository.unhas.ac.id/id/eprint/9098/2/riskawarda-1521-1-13-iris-a 1-2.pdf