PENGARUH IMPLEMENTASI CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE, DAN INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN

(Studi Pada Perusahaan Manufaktur Periode 2019-2021)

  • Endriyaningsih Endriyaningsih ITB Yadika Pasuruan
  • Khamdan Suriyok ITB Yadika Pasuruan
  • Elsa Assari ITB Yadika Pasuruan
  • Yuli Sugiarto ITB Yadika Pasuruan
  • Sinta Anggraeni ITB Yadika Pasuruan
Abstract views: 4 , PDF downloads: 0
Keywords: Corporate Social Responsibility, Good Corporate Governance, Intellectual Capital, Financial Performance

Abstract

A company’s financial performance reflects its financial position and is analyzed to assess how well the company operates over a specific period. In practice, performance competition among companies, particularly in the manufacturing sector, has become increasingly prominent amidst intense global business rivalry. This study aims to examine the influence of Corporate Social Responsibility (CSR), Good Corporate Governance (GCG), and Intellectual Capital (IC) on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange. This research employs a quantitative method with a documentation study approach and purposive sampling technique, involving 30 manufacturing companies as samples. The results indicate that CSR and IC have a significant effect on financial performance as measured by Return on Equity (ROE). Within the GCG dimension, institutional ownership and the proportion of independent commissioners significantly affect ROE, while managerial ownership and board size do not. The study concludes that improvements in CSR, institutional ownership, independent board proportion, and intellectual capital can enhance financial performance, whereas increases in managerial ownership and board size have no significant effect on ROE

References

Abbass, K., Begum, H., Alam, A. F., Awang, A. H., Abdelsalam, M. K., Egdair, I. M. M., & Wahid, R. (2022). Fresh insight through a Keynesian theory approach to investigate the economic impact of the COVID-19 pandemic in Pakistan. Sustainability, 14(3), 1054. https://doi.org/10.3390/su14031054

Ariantini, I. G. A., Yuniarta, G. A., Ak, S. E., & Sujana, E. (2017). Pengaruh intellectual capital, corporate social responsibility, dan good corporate governance terhadap kinerja perusahaan (Studi kasus pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2011–2015). JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 7(1), 1–10.

Baron, A., Armstrong, M., & Frisca, S. (2013). Human capital management: Konsep dan implementasi. Penerbit PPM.

Bi, M. (2023). Impact of COVID-19 on environmental regulation and economic growth in China: A way forward for green economic recovery. Economic Analysis and Policy, 77, 1001–1015. https://doi.org/10.1016/j.eap.2023.01.010

Lutfitasari, R. N., Tansar, I. A., & Ningsih, T. (2021). Pengaruh rasio keuangan terhadap harga saham: Studi pada salah satu perusahaan sektor industri konsumsi. Acman: Accounting and Management Journal, 1(1), 6–17.

Nujum, S., Rahman, Z., & Pratiwi, F. R. (2022). Analisis variabel ekonomi makro terhadap pertumbuhan ekonomi di Sulawesi Selatan. Paradoks: Jurnal Ilmu Ekonomi, 5(4), 323–337.

Nuryana, I. (2013). Pengaruh rasio keuangan terhadap return saham perusahaan LQ 45 di Bursa Efek Jakarta. Jurnal Akuntansi Aktual, 2(2), 57–66.

Rahman, Z. (2022). Analisis variabel ekonomi makro terhadap pertumbuhan ekonomi di Sulawesi Selatan. Paradoks: Jurnal Ilmu Ekonomi, 5(4), 232–337.

Sari, R., & Febrianti, R. A. (2021). Moderasi profitabilitas atas pengaruh corporate social responsibility terhadap nilai perusahaan. Jurnal Ilmiah Ekonomi Global Masa Kini, 12(2), 131–135.

Sari, R., & Maharani, Y. (2021). Analisis CSR dan hubungannya dengan profitabilitas masa COVID-19 pada perusahaan konsumsi. Islamic Banking: Jurnal Pemikiran dan Pengembangan Perbankan Syariah, 7(1), 67–76.

Setyorini, U. (2021). Analisis perbedaan kinerja keuangan rumah sakit swasta nonrujukan COVID sebelum dan selama pandemi COVID-19 (Studi kasus di Rumah Sakit XY Bangil). Transparan, 13(1), 9–16.

Siallagan, H., & Machfoedz, M. (2006). Mekanisme corporate governance, kualitas laba dan nilai perusahaan. Simposium Nasional Akuntansi, 9(61), 23–26.

Suranto, V. A. H. M., & Walandouw, S. K. (2017). Analisis pengaruh struktur modal dan kinerja keuangan terhadap nilai perusahaan pada perusahaan perbankan di Bursa Efek Indonesia. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 5(2), 1–12.

Wijayani, D. R. (2017). Pengaruh intellectual capital terhadap kinerja keuangan perusahaan publik di Indonesia. Jurnal Riset Akuntansi dan Bisnis Airlangga, 2(1), 97–116.

Zuhro, N. A. (2022). Kemampuan blend policy dalam mengendalikan keseimbangan neraca perdagangan akibat COVID-19 di five top Asian export countries

PlumX Metrics

Published
2023-11-30