The Influence of Corporate Social Responsibility and Good Corporate Governance on the Performance of Mining Companies Listed on the Indonesia Stock Exchange

Ida Ayu Putri Wulandari
Ni Made Adi Erawati

International Journal of Management Research and Economics
Vol. 3 No. 2 (2025): May : International Journal of Management Research and Economics

This research aims to obtain empirical evidence on the influence of Corporate Social Responsibility (CSR) and Good Corporate Governance (GCG) on financial performance. CSR and GCG are measured using data from the 2020–2022 period, while financial performance, proxied by Return on Assets (ROA), is analyzed for the 2021–2023 period. The object of this research is mining sector companies listed on the Indonesia Stock Exchange (IDX). The sample was selected using purposive sampling, resulting in 17 companies with a total of 51 observational data points over three years. The data analysis technique used in this research is multiple linear regression analysis. The results show that CSR and GCG have a positive effect on the financial performance of the companies. These findings indicate that effective implementation of CSR and GCG can enhance a company's legitimacy in the eyes of stakeholders, thereby contributing to improved financial performance in the subsequent period.