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

Abstract

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.

Analisis Pengaruh Integrasi Good Governance Dan Sistem Pengendalian Internal Terhadap Kinerja Pengelolaan Keuangan Melalui Locus Of Control Pada Poltekkes Kemenkes Makassar

“…Namun, seringkali praktik di lapangan tidak sepenuhnya mencerminkan prinsip-prinsip pengelolaan keuangan yang baik (Choerunisa, 2018). Kasus penyelewengan dana, inefisiensi pengelolaan, dan kurangnya transparansi masih sering terjadi (Indriasi, et al, 2019;Indriakati & Daga, 2022). Hal ini menimbulkan pertanyaan tentang seberapa efektif implementasi good governance dan sistem pengendalian internal dalam konteks pengelolaan keuangan di institusi pendidikan (Kewo & Tanor, 2020).…”

Analisis Good Governance dan Kualitas Pegawai terhadap Kinerja Pengelolaan Keuangan Daerah Melalui Kejelasan Sasaran Anggaran pada Kantor Sekretariat Daerah Provinsi Sulawesi Selatan

“…Untuk itu, aparatur Negara diharapkan melaksanakan tugas dan tanggung jawabnya secara efektif dan efisien. Diharapkan dengan penerapan good governance dapat mengembalikan dan membangun kembali kepercayaan masyarakat terhadap pemerintah (Indriakati & Daga, 2022).…”

Environmental, Corporate Social Responsibility, Governance, and Sales Growth Effects on Financial Performance

“…Jorgie Jovancha Appy (2021) in the paper titled "The Influence of Good Corporate Governance, Corporate Social Responsibility, and Environmental Performance on Corporate Financial Performance" indicated that the financial performance of companies is not own positively affected corporate social responsibility [4]. In the research conducted by Time [5], the examination of social performance indicators showed no notewor influence financial performance., as social actions within a company affect reputation differently from financial performance.…”