PENGARUH GOOD CORPORATE GOVERNANCE DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN ASURANSI YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine Good Corporate Governance and Corporate Social Responsibility on financial performance. The independent variables were Good Corporate Governance which was measured by Independent commissionaire, institutional ownership, managerial ownership, and audit committee; and Corporate Social Responsibility which was measured by the CSR index. While the dependent variable was a financial performance which was measured by Return On Equity. The research was quantitative. Moreover, the population was insurance companies that were listed on the Indonesia Stock Exchange (IDX) during 2017- 2021. The data collection technique used purposive sampling i.e., the sample selection technique with determined criteria. In line with that, there were 9 insurance companies listed on the Indonesia Stock Exchange (IDX) during 2017- 2021 as the sample. Furthermore, the data were secondary in form of companies’ financial statements and annual reports. Additionally, the data analysis technique multiple linear regressions with SPSS 26. The research result showed that managerial ownership had a positive effect on financial performance. On the other hand, the independent commissioner, audit committee, institutional ownership, and corporate social responsibility did not affect the financial statements.