PENGARUH IMPLEMENTASI CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE, DAN INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN
(Studi Pada Perusahaan Manufaktur Periode 2019-2021)
Abstract views: 8
,
PDF downloads: 6
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
Copyright (c) 2023 Endriyaningsih Endriyaningsih
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Copyright on any article is retained by the author(s).
- The author grants the journal, right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work’s authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
- The article and any associated published material is distributed under the Creative Commons Attribution-ShareAlike 4.0 International License
