PENGARUH GOOD CORPORATE GOVERNANCE, LEVERAGE DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI

Abstract

In a company, accountability can be influential as investors need to see the reporting of every activity. Moreover, it will affect long-term development which can increase the investors’ interest. Therefore, this research aimed to analyze the effect of Good Corporate Governance, leverage, and corporate social responsibility on financial performance with the firm size as a moderating variable. The research was comparative-quantitative. The population was automotive and component manufacturing companies listed in the Indonesia Stock Exchange (IDX) during 2016-2022. Furthermore, the data collection technique used purposive sampling. The data analysis technique used Moderated Regression Analysis (MRA). The results proved that leverage affected financial performance. On the other hand, independent commissioner, institutional ownership, managerial ownership, and Corporate social responsibility did not affect financial performance. Additionally, the moderating variable test concluded that firm size moderated the effect of leverage on financial performance. However, firm size did not moderate the effect of independent commissioner, institutional ownership, managerial ownership, and Corporate social responsibility on financial performance.