Good Corporate Governance, Pengungkapan Coporate Social Responsibility, Ukuran Perusahaan dan Nilai Perusahaan
Abstract
Company value is the perception of the company's level of success in improving shareholder welfare. A high company value will make the market believe in its current and future prospects. This research aims to examine the influence of GCG, CSR Disclosure, and Company Size on Company Value. This research was conducted on mining companies listed on the IDX in 2018-2020. The sample was determined using a purposive sampling technique which then obtained a sample of 74 samples. The analysis technique used is a multiple linear analysis technique. The results of the analysis of each variable show that the managerial ownership, institutional ownership and company size variables have a positive effect on company value, while the CSR disclosure variable has no significant effect on company value.
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References
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Pradana, R., & Astika, I. B. P. (2019). Pengaruh Ukuran Perusahaan, Penerapan Good Corporate Governance, dan Pengungkapan Corporate Social Responsibility pada Nilai Perusahaan. E-Jurnal Akuntansi, 28(3), 1920–1933. https://doi.org/10.24843/eja.2019.v28.i03.p18
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Rohmawati, E. (2020). Pengaruh Good Corporate Governance Terhadap Nilai Perusahaan Dengan Corporate Social Responsibility Sebagai Variabel Intervening. Prosiding Konferensi Ilmiah Mahasiswa UNISSULA, 3(3). https://doi.org/10.15294/aaj.v3i3.4202
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Sholekah, F. W., & Venusita, L. (2014). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Leverage, Firm Size, Dan Corporate Social Responsibility Terhadap Nilai Perusahaan Pada Perusahaan High Profile yang Terdaftar di Bursa Efek Indonesia Periode 2008-2012. Jurnal Ilmu Manajemen, 2(3), 795–807.
Sofiamira, N. A., & Haryono, N. A. (2017). Capital Expenditure, Leverage, Good Corporate Governance, Corporate Social Responsibility: Pengaruhnya Terhadap Nilai Perusahaan. Jurnal Ekonomi Dan Bisnis Volume 20 No. 2, 20(2), 191. https://doi.org/10.24914/jeb.v20i2.691
Sutrisno, A. I. (2019). Pengaruh Good Corporate Governance (GCG) Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia tahun 2015- 2017. Jurnal STIE SEMARANG VOL 11 No 3 Edisi Oktober 2019 ( ISSN: 2085-5656, e-ISSN :2232-7826), 11(3), 5–24.
Widyaningsih, D. (2018). Kepemilikan Manajerial, Kepemilikan Institusional, Komisaris Independen, serta Komite Audit pada Nilai Perusahaan dengan Pengungkapan CSR sebagai Variabel Moderating dan Firm Size sebagai Variabel Kontrol. Jurnal Akuntansi Dan Pajak, 19(1), 38. https://doi.org/10.29040/jap.v19i1.196
Wijaya, I. P. I., & Wirawati, N. G. P. (2019). Good Corporate Governance Sebagai Pemoderasi Pengaruh Profitabilitas dan Corporate Social Responsibility pada Nilai Perusahaan. E-Jurnal Akuntansi Universitas Udayana Vol.26.2.Februari (2019), 26, 1436–1463.
Bawai, R., & Kusumadewi, H. (2021). Effect of Corporate Governance, Firm Characteristic, Disclosure of Corporate Social Responsibility (CSR) on Firm Value Rahimah. Jurnal Economia, 17(2), 249–266. https://journal.uny.ac.id/index.php/economia
Brigham, E. F., & Houston, J. F. (2006). Essentials of Financial Management. In Jakarta: Salemba Empat.
Brigham, E. F., & Gapensky, I. C. (1996). Intermediate Financial Management. New York: The Dryden Press.
Campbell, D., and Slack, R. (2008). Corporate “Philanthropy Strategy” and “Strategic Philanthropy” Some Insights from Voluntary Disclosures in Annual Reports. Business & Society, 47 (2), 187-212.
Carroll, A. B. (1979). A Three-Dimensional Conceptual Model of Corporate Performance. Academy of Management Review 4 (4).
Ellili, N. O. D. (2011). Ownership Structure, Financial Policy and Performance of the Firm: US Evidence. International Journal of Business and Management. International Journal of Business and Management, 6(10), 80–93. https://doi.org/https://doi.org/10.5539/ijbm.v6n10p80
Fuadah, L. L., & Kalsum, U. (2021). The Impact of Corporate Social Responsibility on Firm Value: The Role of Tax Aggressiveness in Indonesia. Journal of Asian Finance, Economics and Business, 8(3), 209–216. https://doi.org/10.13106/jafeb.2021.vol8.no3.0209
Gray, R. K., & S, R. L. (1995). “Corporate Social and Environmental Report ” Accounting and Auditing Journal. Accounting and Auditing Journal, Vol 8,(No. 2), 47–77.
Habsari, A., & Akhmadi. (2018). Ukuran Perusahaan, Profitabilitas dan Nilai Perusahaan: Studi Empirik: Perusahaan Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia periode 2011 sampai dengan 2015). Tirtayasa Ekonomika, 13(2), 300–319. https://doi.org/https://doi.org/10.35448/jte.v13i2.4316
Inastri, M. A., & Mimba, N. P. S. H. (2017). Pengaruh Penerapan Good Corporate Governance dan Pengungkapan Corporate Social Responsibility pada Nilai Perusahaan. E-Jurnal Akuntansi Universitas Udayana, 21(2), 1400–1429. https://doi.org/: https://doi.org/10.24843/EJA.2017.v21.i02.p20
Jensen, M. C., & Meckling, W. H. (1976). Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics, Vol. 3(Issues 4 (October)), 305–360.
Kamaliah. (2020). Disclosure of Corporate Social Responsibility (CSR) and Its Implications on Company Value As a Result of The Impact of Corporate Governance and Profitability. International Journal of Law and Management, 62(4), 339–354. https://doi.org/10.1108/IJLMA-08-2017-0197
Khairiah, A. (2018). Pengaruh Pengungkapan Corporate Social Responsibility, Good Corporate Governance dan Ukuran Perusahaan Terhadap Nilai Perusahaan Properti dan Real Estate yang Terdaftar di BEi Periode 2010-2016. 44–48.
Lastanti, H. S., & Salim, N. (2018). Pengaruh Pengungkapan Corporate Social Responsibility dan Good Corporate Governance. Jurnal Studi Akuntansi Trisakti, 5(1), 27–40. https://doi.org/: http://dx.doi.org/10.25105/jat.v5i1.4841
Lynall, G., & Hillman, A. . (2003). Board Composition from Adolescence to Maturity: A MultiTheoretic View. Academy of Management Review, 28(416–431).
Marius, M. E., & Masri, I. (2017). Pengaruh Good Corporate Governance Dan Corporate Social Responsibility Terhadap Nilai Perusahaan. Konferensi Ilmiah Akuntansi IV, 22.
Musfialdy. (2019). Analisis Pengaruh Good Corporate Governance, Corporate Social Responsibility dan Ukuran Perusahaan Terhadap Nilai Perusahaan (Studi Pada Perusahaan Perbankan Di Bursa Efek Indonesia). Pekbis Jurnal, Vol.11, No.1, Maret 2019 : 1- 15, 11(1), 1–15.
Nabila, & Eni, W. (2021). Pengaruh Good Corporate Governance, Ukuran Perusahaan dan Pengungkapan Corporate Social Responsibility Terhadap Nilai Perusahaan. Jurnal Ilmu Komputer, Ekonomi Dan Manajemen (JIKEM), 1(1), 78–87.
Pintea, M. (2015). The Relationship Between Corporate Governance and Corporate Social Responsibilities. Virgil Madgearu Review of Economic Studies and Research, 1, 91–108.
Pradana, R., & Astika, I. B. P. (2019). Pengaruh Ukuran Perusahaan, Penerapan Good Corporate Governance, dan Pengungkapan Corporate Social Responsibility pada Nilai Perusahaan. E-Jurnal Akuntansi, 28(3), 1920–1933. https://doi.org/10.24843/eja.2019.v28.i03.p18
Pratiwi, R. A. (2017). Pengaruh Good Corporate Governance dan Ukuran Perusahaan Terhadap Nilai Perusahaan pada Perusahaan Food dan Baverage yang Listing di Bursa Efek Indonesia. Jom FISIP Volume 4 No. 2, 2(1), 1–10.
Purbawangsa, I. B. A. et al. (2020). Corporate Governance, Corporate Profitability Toward Corporate Social Responsibility Disclosure and Corporate Value (Comparative Study in Indonesia, China and India Stock Exchange in 2013-2016). Social Responsibility Journal, 16(7), 983–999. https://doi.org/10.1108/SRJ-08-2017-0160
Puspaningrum, Y. (2017). the Effect of Corporate Social Responsibility and Managerial Ownership To Firm Value With Profitability and Firm Size As Moderating Variable (Empirical Study At Mining Firm in Indonesia Stock Exchange). Jurnal Profita, 2(1), 1–14.
Putri, I. A. S., & Suprasto, B. (2016). Pengaruh Tanggung Jawab Social Perushaan dan Mekanisme Tata Kelola Perusahaan Terhadap Nilai Perusahaan. E-Jurnal Akuntansi Universitas Udayana, 15(1), 667–694.
Ramdhonah, Z. (2019). Pengaruh Struktur Modal, Ukuran Perusahaan, Pertumbuhan Perusahaan, Dan Profitabilitas Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Sektor Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2017). Jurnal Riset Akuntansi Dan Keuangan, 7(1), 67–82. https://doi.org/10.17509/jrak.v7i1.15117
Rohmawati, E. (2020). Pengaruh Good Corporate Governance Terhadap Nilai Perusahaan Dengan Corporate Social Responsibility Sebagai Variabel Intervening. Prosiding Konferensi Ilmiah Mahasiswa UNISSULA, 3(3). https://doi.org/10.15294/aaj.v3i3.4202
Sari, N. M. W., & et al. (2021). Pengaruh Corporate Governance, Ukuran Perusahaan Pada Perusahaan Manufaktur Sektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia. Jurnal EMAS, 2(1), 51–70.
Sholekah, F. W., & Venusita, L. (2014). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Leverage, Firm Size, Dan Corporate Social Responsibility Terhadap Nilai Perusahaan Pada Perusahaan High Profile yang Terdaftar di Bursa Efek Indonesia Periode 2008-2012. Jurnal Ilmu Manajemen, 2(3), 795–807.
Sofiamira, N. A., & Haryono, N. A. (2017). Capital Expenditure, Leverage, Good Corporate Governance, Corporate Social Responsibility: Pengaruhnya Terhadap Nilai Perusahaan. Jurnal Ekonomi Dan Bisnis Volume 20 No. 2, 20(2), 191. https://doi.org/10.24914/jeb.v20i2.691
Sutrisno, A. I. (2019). Pengaruh Good Corporate Governance (GCG) Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia tahun 2015- 2017. Jurnal STIE SEMARANG VOL 11 No 3 Edisi Oktober 2019 ( ISSN: 2085-5656, e-ISSN :2232-7826), 11(3), 5–24.
Widyaningsih, D. (2018). Kepemilikan Manajerial, Kepemilikan Institusional, Komisaris Independen, serta Komite Audit pada Nilai Perusahaan dengan Pengungkapan CSR sebagai Variabel Moderating dan Firm Size sebagai Variabel Kontrol. Jurnal Akuntansi Dan Pajak, 19(1), 38. https://doi.org/10.29040/jap.v19i1.196
Wijaya, I. P. I., & Wirawati, N. G. P. (2019). Good Corporate Governance Sebagai Pemoderasi Pengaruh Profitabilitas dan Corporate Social Responsibility pada Nilai Perusahaan. E-Jurnal Akuntansi Universitas Udayana Vol.26.2.Februari (2019), 26, 1436–1463.
Published
2024-01-30
How to Cite
KARTIKA, Ni Ketut Pradnyasari; WIRAWATI, Ni Gusti Putu.
Good Corporate Governance, Pengungkapan Coporate Social Responsibility, Ukuran Perusahaan dan Nilai Perusahaan.
E-Jurnal Akuntansi, [S.l.], v. 34, n. 1, p. 41-54, jan. 2024.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/86588>. Date accessed: 02 may 2024.
doi: https://doi.org/10.24843/EJA.2024.v34.i01.p04.
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