Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : EKONOMIS : Journal of Economics and Business

Peran Profitabilitas dalam Memediasi Pengaruh Good Corporate Governance (GCG) dan Corporate Social Responsibility (CSR) terhadap Nilai Perusahaan di Indeks LQ45 (2019 – 2023) Hartanto, Ignatius Edbert; Trimurti, Christimulia Purnama; Adinegara, Gusti Ngurah Joko; Nainggolan, Gilbert
Ekonomis: Journal of Economics and Business Vol 9, No 1 (2025): Maret
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v9i1.2343

Abstract

This study examines the function of profitability in mediating the influence of corporate governance, and corporate social responsibility on company value in companies listed on the LQ45 Index during the period 2019 - 2023. The structural equation modeling (SEM) analysis method based on partial least square (PLS). The results of this study indicate that Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) have a significant positive effect on company value. GCG assessed through the ratio of independent commissioners and the size of the audit committee shows a significant positive impact on profitability, while CSR does not show a significant effect. Profitability is proven to function as a mediator in the relationship between GCG and company value, but does not function as a mediator in the relationship between CSR and company value. In addition, this study found that efficient GCG implementation can increase company value both directly and through increased profitability, while the effect of CSR on company value is more focused on creating long-term value through increasing stakeholder reputation and loyalty.
Co-Authors Armayani, Putu Tina Christimulia Purnama Trimurti Debel, Gede Bagus Ivan Suartika Dewa Ayu Dwi Sukma Dewi DEWI, Dewa Ayu Dwi Sukma Elsiana Septiani Ghea Amanda Gilbert Nainggolan Handaresta, Made Yuyun Hartanto, Ignatius Edbert I Gede Mertayasa I Gede Ngurah Wira Pratama I Gusti Bagus Rai Utama I Ketut Sirna I Komang Andika I Made Andityawan I Made Dwi Wira Ardana I Made Sumartana I Nyoman Bernardus I Putu Gde Sukaatmadja I Putu Ogi Atmajaya I Wayan Benyamin Eddy Yulianto I Wayan Damayana I Wayan Ruspendi Juanaedi I Wayan Ruspendi Junaedi IWK Teja Sukmana Kadek Anjali Puti Cahayanti Kadek Fransiska Kharisma Oktarina Komalawati Komalawati Komalawati Krismawintari, N.P.D. Kurniasanti, Ni Made Novita Leana, Nikita Febri Maria Kurniawati Wona Dheno MARTINIASIH, Putu Mas Mia Dana Sukmawati Nainggolan, Gilbert Ni Kadek Maryanthi Ni Kadek Theressa Putri Ni Luh Dewi Melinia Ni Luh Putri Sulistya Dewi Ni Luh Putu Govi Gayatri Ni Luh Putu Suarmi Sri Patni Ni Made Laksmi Kusuma Dewi Ni Nyoman Kerti Yasa Ni Putu Evitaria Ni Wayan Sri Suprapti Paramita, Ni Putu Meita Pradyandari, Dwi Ayu Putri Pratama, I Gede Ngurah Wira Pratama, I Putu Julian Satya Putra, I Kadek Dwi Kencana Putra, I Kadek Suardama PUTRI, Ni Kadek Theressa Putu Chris Susanto R Tri PriyonoBudi Santoso R. Tri Priyono Budi Santoso Rosari, Maria Reny SANTOSO, R Tri Priyono Budi Santoso, R. Tri Priyono Budi Sunbanu, Putu Juvan Holy Christin Swari, Ni Komang Sri Gina Veronika Lyanarta Virnanda, Vika Widiarta, Komang Yuda Yeyen Komalasari