PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN

Abstract

This research aimed to examine the effect of Corporate Social (CSR) Responsibility and Good Corporate Governance on financial performance. Corporate Social Responsibility was measured by Corporate Social Responsibility Index (CSRI), Good Corporate Governance was measured by managerial ownership, institutional ownership, independent commissioner board, and audit committee. While financial performance was measured by Return On Asset (ROA). The population was ceramics and porcelain companies that were listed on Indonesia Stock Exchange (IDX) during 2017-2021. Moreover, the data were anannual report through the official website of the Indonesia Stock Exchange. The data collection technique used saturation sampling methode. In line with that, there were 7 companies as the sample. In total, there were 35 data. Furthermore, the research was correlational-quantitative. The data analysis technique used multiple linear regression with SPSS. The result concluded that CSR had a negative effect on finansial performance. However, managerial ownership had a positive effect on finansial performance. Likewise, institutional ownership had a positive effect on finansial performance. Similarly, independent commissioner board had a positive effect on financial performance. In contrast, the audit committee did not affect finansial performance.