PENGARUH KINERJA KEUANGAN DAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI VARIABEL MODERASI

Studi pada Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia Periode 2017-2021

Abstract

This research aims to test and analyze how much influence financial performance and good corporate governance have on company value with corporate social responsibility as a moderating variable in LQ45 companies listed on the Indonesia Stock Exchange for the 2017-2021 period. The results of the t-test concluded that partially the Financial Performance variable had a positive and insignificant effect on company value. Institutional ownership has a negative and significant effect on company value. The proportion of Independent Commissioners has a positive and significant effect on company value. Meanwhile, corporate social responsibility is not significant in moderating the relationship between financial performance and good corporate governance on company value. The results of the F-test show that Financial Performance, Institutional Ownership and the Proportion of the Independent Board of Commissioners simultaneously have a significant effect on company value.