Implementing Good Corporate Governance to Engage Corporate Social Rerponsibility in Financial Performance

Soelton, Mochamad; Ramli, Yanto; Anggraini, Dewi; Khosasi, Danny

doi:10.35808/ersj/1547

Cited by 6 publications

(9 citation statements)

References 8 publications

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“…The commissioner's role is expected to minimize agency problems between the board of directors and shareholders. Therefore, the board of commissioners should be able to oversee the directors' performance so that the resulting performance is in the interests of shareholders (Soelton et al, 2020). According to the General Guidelines for Good Corporate Governance in Indonesia, the number of members of the board of directors must be adjusted to the complexity of the company while still paying attention to effectiveness in decision-making (Mangantar, 2019).…”

Section: Weak Audit Performance By Company Auditorsmentioning

confidence: 99%

The Influence of Good Corporate Governance on Financial Performance Through Corporate Social Responsibility

Indriakati¹,

Daga

2022

ATESTASI

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This study examines and determines the effect of good corporate governance on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange through Corporate Social Responsibility. This research is quantitative research with a descriptive statistical approach. The population in this study are manufacturing companies in the food and beverage sub-sector and 28 companies listed on the Indonesia Stock Exchange for the 2019-2021 period. Determined the sample using purposive sampling and obtained a total sample of 23 companies. The data source of this research is secondary data in the form of annual financial reports of manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX) for the period 2019-2021. The data analysis method used is descriptive statistical analysis, classical assumption test consisting of (test normality test, heteroscedasticity test, multicollinearity test) and testing all hypotheses through the partial test, simultaneous test, and coefficient of determination test with the help of Eviews tool. The results show that Good Corporate Governance has no significant effect on manufacturing companies' financial performance on the Indonesia Stock Exchange. Corporate Social Responsibility significantly influences the financial performance of manufacturing companies listed on the Indonesia Stock Exchange. Corporate Social Responsibility has a significant effect on moderating the relationship between Good Corporate Governance and the financial performance of manufacturing companies listed on the Indonesia Stock Exchange.

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Section: Weak Audit Performance By Company Auditorsmentioning

confidence: 99%

The Influence of Good Corporate Governance on Financial Performance Through Corporate Social Responsibility

Indriakati¹,

Daga

2022

ATESTASI

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“…Jumlah dewan komisaris yang sedikit maupun banyak tidak akan membawa pengaruh terhadap return on equity pada suatu perusahaan. Hasil ini juga didapatkan oleh Soelton et al (2020) dan Riyadi, Titisari, dan Siddi (2021).…”

Section: Return On Equityunclassified

“…Saat jumlah direksi banyak, direksi dapat bertukar ide satu sama lain yang pada akhirnya dapat memicu ide yang bagus untuk meningkatkan kinerja keuangan. Hasil ini sejalan dengan penelitian Shahid dan Abbas (2020), Soelton et al (2020), Sarpong-Danquah et al (2018), dan Prabowo et al (2018). H 5 : Jumlah dewan komisaris berpengaruh signifikan positif signifikan terhadap return on equity.…”

Section: Uji Tunclassified

“…Banyak atau sedikitnya jumlah anggota komisaris belum sanggup untuk mempengaruhi variabel dependen karena tingkat pengawasan tidak terlalu berdampak pada meningkatnya kinerja perusahaan. Hasil ini sejalan dengan penelitian yang dilakukan oleh Machmud et al (2020), Soelton et al (2020), dan Riyadi et al (2021). H 6 : Jumlah komite audit berpengaruh signifikan positif terhadap return on equity.…”

Section: Uji Tunclassified

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Analisis Pengaruh Struktur Modal dan Tata Kelola Perusahaan terhadap Kinerja Perusahaan pada Perusahaan yang Terdaftar di Bursa Efek Indonesia

Krisyadi

Rionaldo²

2021

JAP

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Penelitian ini bertujuan untuk menganalisis pengaruh struktur modal dan tata kelola perusahaan terhadap kinerja perusahaan yang terdaftar di Bursa Efek Indonesia. Jenis penelitian ini merupakan penelitian kuantitatif. Penelitian kuantitatif merupakan penelitian yang menekankan pada pengujian teori-teori melalui variabel-variabel penelitian dalam angka-angka, dan melakukan analisis data dengan prosedur statistika dan permodalan matematis. Penelitian ini menggunakan data sekunder yang memberikan informasi mengenai laporan tahunan perusahaan BEI yang akan diteliti. Populasi adalah semua bagian atau anggota dari objek yang akan diamati. Populasi yang digunakan dalam penelitian ini adalah perusahaan BEI yang terdaftar di Bursa Efek Indonesia (BEI). Teknik pengambilan sampel yang dipakai dalam penelitian ini adalah sampel yang bertujuan (Purposive Sampling). Hasil dari uji statistik menunjukkan bahwa variabel short term debt to total assets dan long term debt to total assets memiliki pengaruh signifikan yang positif terhadap return on equity. Hal yang bertolak belakang terjadi pada total debt to equity yang memiliki pengaruh signifikan negatif terhadap return on equity. Pengaruh tidak signifikan terhadap return on equity terjadi pada variabel jumlah dewan direksi, jumlah dewan komisaris, jumlah komite audit, kepemilikan manajerial, dan kepemilikan institusional. Seluruh variabel telah mampu menjelaskan variabel dependen mencapai 76,91% berdasarkan uji koefisien determinasi.

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“…The early study of Carroll (1979) and the latest study by Wolska et al (2020) offered the foundational concepts of CSR aspects, in which ethical and legal activities of CSR were indicated in the proposed "three dimensional conceptual model". In addition to other variables, ethical and legal activities were also taken into account by Saeed and Arshad (2012), and Soelton et al (2020) as main external factors that positively influence firms' organizational performance. Similarly, Zsolnai (2006) focused on the ethical aspect while evaluating the linkage between competitiveness and corporate social responsibility.…”

Section: Literature Reviewmentioning

confidence: 99%

Corporate Social Responsibility and Competitive Advantage: Relationships and Mechanisms

Ashour¹,

Ali²,

Allan³

2020

IJEBA

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Purpose: This study is intended to gain insight into the association of Corporate Social Responsibility (CSR) implementations and the achievement of competitive advantage focusing on the mediation role of company reputation (CR) in this relationship. Design/Methodology/Approach: Semi-structured interview technique was used to confirm the validity of the research model. In addition, the purposive sampling method has been used targeting senior decision makers in different well-known 5-star hotels and resorts in Jordan. A total of three hundred (300) questionnaires were distributed. While two hundred and forty (240) questionnaires were retrieved from respondents, two hundred and eleven (211) questionnaires were valid and usable. Findings: The results elucidated the mechanism of CSR and competitive advantage relationship. Although the results confirmed the positive (direct and indirect) effect of the social, the legal, and the ethical dimensions of (CSR) on competitive advantage, data analysis did not support any significant impact for the environmental dimension on competitive advantage (CA) through the company reputation (CR) as a mediator variable. Practical Implications: This study raises awareness of (CSR) implementations in serviceoriented developing economies through highlighting the mechanism and relationships of CSR and competitive advantage. It is hoped that, it will contribute to generate interest towards the concept of ``Environmental Corporate Social Responsibility`` (ECSR), as a strategic alternative at the aim of the achievement of competitive advantage. Originality/Value: The study goes beyond examining the causal relationship between (CSR) and competitive advantage. It focuses on achieving a deep understanding of this relationship by exploring the mechanisms of its work through illustrating the mediation role of reputation.

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Implementing Good Corporate Governance to Engage Corporate Social Rerponsibility in Financial Performance

Cited by 6 publications

References 8 publications

The Influence of Good Corporate Governance on Financial Performance Through Corporate Social Responsibility

The Influence of Good Corporate Governance on Financial Performance Through Corporate Social Responsibility

Analisis Pengaruh Struktur Modal dan Tata Kelola Perusahaan terhadap Kinerja Perusahaan pada Perusahaan yang Terdaftar di Bursa Efek Indonesia

Corporate Social Responsibility and Competitive Advantage: Relationships and Mechanisms

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