PENGARUH GOOD CORPORATE GOVERNANCE DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN FOOD AND BEVERAGES

Abstract

This research aimed to examine the effect of Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) on financial performance. While, GCG was measured by mabagerial ownership, institusional ownership, independent commissionaire, and committee audit. Moreover, CSR was measured by Corporate Social Responsibility Index (CSRDI). Furthermore, the data collection technique used purposive sampling. In line with, there were 72 samples from 12 Food and Beverage companies which were listed on Indonesia Stock Exchange (IDX) during 6 years (2013-2018) observation. Additionally, the research was quantitative. In addition, the data analysis technique used classical assumption test and multiple linier regression. According to the research result, it concluded GCG which weremanagerial ownership, independent commissionaire, and audit committee had significant effect on financial performance which reflected on ROA. In contrast, institusional ownership had positive but significant effect on financial performance. In addition, Corporate Social Responsibility (CSR) had positive but insignificant effect on financial performance (ROA).
Keyword: Good Corporate Governance, Corporate Social Responsibility, Financial Performance