PENGARUH GOOD CORPORATE GOVERNANCE, CORPORATE SOCIAL RESPONSIBILITY DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of Good Corporate Governance, Corporate Social Responsibility, and
Profitability on firm value through annual financial statements which had been published by Food and Beverages
companies during 2016-2020. The population was 10 Food and Beverages companies which were listed on
Indonesia Stock Exchange (IDX) during 2016 – 2020. Moreover, the data collection technique used purposive
sampling, in which the sample was based on criteria given. Futhermore, the data analysis technique used
multiple linear regression with SPSS 23. The research result concluded that profitability (ROA) as well as Good
Corporate Governance (GCG) had a positive and significant effect on firm value. On the other hand, Corporate
Social Responsibility (CSR) had a negative and significant effect on the firm value of Food and Beverages
companies during 2016-2020. The determination coefficient of 0,626 which meant Good Corporate Governance
(GCG), Corporate Social Responsibility (CSR) and Profitability (ROA) were able to affect firm value (PBV) pf
62.6% as its model was properly used in the research.