Jurnal Ekonomi
Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023

INCREASING COMPANY PERFORMANCE THROUGH CORPORATE SOCIAL RESPONSIBILITY AND GOOD CORPORATE GOVERNANCE

Fredy Olimsar (Universitas Jambi)
Muhamad Sarifudin (Institute Agama Islam Tulang Bawang)
Edison Hatoguan Manurung (Universitas Mpu Tantular)
Bambang Rismadi (STIE Ekuitas)
Uli Wildan Nuryanto (Universitas Bina Bangsa)



Article Info

Publish Date
24 Oct 2023

Abstract

Corporate responsibility is highly important for society, and in addition, a firm has to have effective corporate governance in order to earn profits. In order to determine if corporate social responsibility and sound corporate governance have an impact on business performance, this study will look for empirical data in this area. There are 79 elements in the criteria table used by Sembiring (2005) to measure CSR. Take a peek at the results of the Corporate Governance Perception Index (CGPI) to get an idea of the metrics used to measure GCG. The Return on Equity is another metric used to assess a company's success. The sample firms for this study were 34 businesses who participated in the CGPI program, declared CSR in annual reports, and were listed on the Indonesia Stock Exchange in the year 2021. The company's annual reports were used as the primary data source for this study. The hypothesis is also tested using multiple linear regression analysis. And according to the study's findings, the CSR and GCG variables have a favorable and substantial impact on corporate performance (ROE).

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...