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Journal : PINISI Discretion Review

Corporate Social Responsibility as a Moderator of the Relationship Between Good Corporate Governance and Firm Value Aini, Nurul; Pirmaningsih, Lilik; Pradika, Novaldy Arief; Amalia, Afina; Oktaviani, Maya
PINISI Discretion Review Volume 9, Issue 1, September 2025
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/pdr.v1i1.78666

Abstract

This study aims to examine and analyze the moderating role of Corporate Social Responsibility (CSR) in the relationship between Good Corporate Governance (GCG) and firm value. Good Corporate Governance in this context is proxied by managerial ownership, institutional ownership, and the proportion of independent commissioners. The research employs a sample of mining companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period, resulting in a final sample of 66 firm-years. Data were analyzed using SPSS software. The findings reveal that, partially, managerial ownership, institutional ownership, and independent commissioners have a significant positive effect on firm value. Furthermore, the moderation analysis indicates that Corporate Social Responsibility moderates the effect of managerial ownership on firm value. However, CSR does not moderate the relationship between institutional ownership or independent commissioners and firm value. 
Modeling Bureaucratic Simplification to Optimize Service Accessibility in Banten Province during the Industrial Revolution 5.0 Era Firdaus, Siti Aina; Andayani, Nopi; Ramdhani, Miftah Faiz Ali; Oktaviani, Maya; Zein, Femmy Aryanthi
PINISI Discretion Review Volume 9, Issue 1, September 2025
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/pdr.v1i1.82557

Abstract

This study aims to analyze and develop a bureaucratic simplification model for processing permits for the use of road sections in the Development Work Area (WKP) I of Banten Province during the era of Industrial Revolution 5.0. The main issue addressed is the complexity of licensing procedures that cause service delays, despite the significant potential for revenue generation. Using a descriptive method with a qualitative approach, data were collected through interviews with 13 companies applying for permits. The analysis is grounded in Max Weber's rational-legal theory, which emphasizes the role of formal rules, hierarchy, and division of labor, while also highlighting the need for greater bureaucratic flexibility. The findings reveal that implementing bureaucratic simplification through full digitalization of licensing, system automation, enhanced human resource capacity, technology- and human-centered services, and GPS- and GIS-based monitoring can improve transparency, efficiency, and accountability. Consequently, this model is expected to enhance the public service system in Banten Province, making it more responsive to the needs of communities and business actors in the era of Industrial Revolution 5.0.
Co-Authors Abdurrahman, Naufal Adelia Nasya Andani Adhani, Febi Salsabila Afifah, Lu'Lu Fadiyah Aini Nurul Alrayyan, Muhammad Resyad Amalia, Afina Anan Sutisna Andayani, Nopi Anggraini, Agata Christiana Anggun Rakhmawati, Tri Annisa Dwi Rahmadina Annisa Zahra Annisa Zakiyah Tribrilianti Ardhianissa, Finka Ariyanto, Dinda Larasati Arsyita, Syifa Aulia, Aulia Ayu Friditya Wulaningrum Ayumaharani, Alifia Zelika Damawanti, Rosi Devi, Shavira Karunia Deviyani, Tya Dewi Firliyanti Dewi, Nadia Puspa Dwi Rahmadina, Annisa Dwi Yunita, Sahara Dwihapsari, Kartika Dwijulianto, Aditya Elmanora Elmanora Elmanora Elmanora Elmanora Fadhilah, Rahil Nurul Faesal, Muhammad Febryanti Peedro Widyasari Firdaus, Siti Aina Glosalalia Gusti Priambodo, Eko Haniyah, Maisan Hasanah, Uswatun Hurriyyatun Kabbaro Inayati, Titik Intan Wulandari Irawaty, Dian Kristiani Ishak, Junta Rachmayandy Islami, Mutiara Nur Istiqoma, Aisya Putri Istiqomah, Rika Kantoni Kantoni Lase, Aswinda Lubi, Ahmad Lusiana, Rizky Madinatuzzahra MAGFIROH, LAILATUL Marjan, Lu'lu' Wal Marsha Novanda Fahirza Martiastuti, Kenty Mashabi, Nurlaila A Muchtar, Eka Nur Pebriyanti Muhammad Faesal Mulyati Mulyati Nabiel, Maryam Nada Nafisah Nadya Safira Sugiarto Nafisah, Nada Ngulandari, Puspita Rini Nibras Syafriani Manna Nida Hanifah Niken Utami Wahyu Novitasari, Annisa Widya Nugraheni, Prastiti Laras Nurhartanti, Wulan Nurlaila Abdullah Mashabi Nursamsu, Alisah Palupi, Zahra Dinda Permata, Yukke Nilla Pirmaningsih, Lilik Pradika, Novaldy Arief Pratama, Wanda Septya Pratiwi, Fita Pratiwi, Karin Putri, Nadia Lusiana Putri, Yanniah Rahmadina, Annisa Dwi Rahmadini, Shakilla Rahmasari, Vina Rakhmawati, Tri Anggun Ramadhianti, Medina Ramdhani, Miftah Faiz Ali Ratu Sheila Azzahra Rena Agustina, Rena Rini Ngulandari, Puspita Riri Herawati Prasojo Riswanti, Kayla Rizky Lusiana Rizqi Fauziah Rozak, Dewi Nur Lathifa Abdul Saefullah, Deza Rajulirahma Sagita, Fitri Sahara Dwi Yunita Septiana, Anisya shinta doriza Siffa, Nur Silitonga, Mirdat Sitanggang, Renata Kantate Getsemani Sugeng Priyanto, Sugeng Sutrisno, Wildan Arismunandar Syamsidar, Abdullah Syelviana Wati Syifa Amaresty, Radhitya Tarma Tondy Arya Putra Tri Anggun Rakhmawati Tuela, Muhammad Qioravansyah Drysa Uswatun Hasanah USWATUN HASANAH Utami, Sri Rezki Vania Zulfa Wardani Rahayu Wardhani, Marshela Ayu Wira Saputri, Anggie Wulan Dian Ningsih Sahariantono Zaharani, Fitri Kirana Zahra, Annisa Zein, Femmy Aryanthi Zulfa, Vania Zulri Ramadhan