Jurnal Manajemen Update
Vol 5, No 4 (2016): Jurnal Mahasiswa Manajemen

Pengaruh Good Corporate Governance dan Corporate Social Responsibility Terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan yang Tergabung dalam Indeks LQ45 di BEI)

B31112010, EFENDI (Unknown)



Article Info

Publish Date
19 Sep 2016

Abstract

The failure of large enterprises, financial scandals and crises in various countries, has focused attention on the importance of good corporate governance. Mechanisms of good corporate governance and corporate social responsibility is a step to increase the values of the company. This study aims to determine the effect of good corporate governance and corporate social responsibility to corporate value. Good corporate governance mechanism is proxied by managerial ownership and the audit committee, while the value of the company proxied with a value of Tobin's Q. The sample in this study is a company incorporated in LQ45 index in the Indonesia Stock Exchange in 2010 to 2014. Samples were selected using purposive sampling method and acquired 16 companies in the sample, so that during the five years of observation of the obtained 80 observations. The analytical method used in this research is descriptive analysis, test classic assumptions, hypothesis testing, and regression analysis. The results of this study indicate that corporate social responsibility is a significant positive effect on firm value. However, managerial ownership and audit committee does not affect the value of the company. Keywords: Corporate social responsibility, managerial ownership, the audit committee, the company's value.

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