PENGARUH GOOD CORPORATE GOVERNANCE DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PERUSAHAAN PERTAMBANGAN DI BURSA EFEK INDONESIA

Silaban, Dewi Hairani
Saruksuk, Eko Reynaldi
Siregar, Dina Arfianti

Bilancia : Jurnal Ilmiah Akuntansi
Vol 9 No 4 (2025): Bilancia : Jurnal Ilmiah Akuntansi

This study investigates how Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) affect companies financial performance. Financial performance is measured using Return on Assets (ROA), while the independent variables consist of Independent Commissioners, the Board of Directors, institutional ownership, and CSR initiatives. The research employs secondary data sourced from annual and sustainability reports of mining companies listed on the Indonesia Stock Exchange, covering 18 companies with a total of 72 observations selected through purposive sampling. Multiple linear regression analysis was performed using SPSS version 26. Findings indicate that institutional ownership has a significant and positive impact on financial performance, highlighting the role of institutional investors in enhancing managerial supervision and supporting more rational and effective decision-making. In contrast, Independent Commissioners, the Board of Directors, and CSR initiatives do not exhibit a statistically significant effect on financial performance. Penelitian ini bertujuan untuk menganalisis pengaruh Good Corporate Governance (GCG) dan Corporate Social Responsibility (CSR) terhadap kinerja keuangan perusahaan. Kinerja keuangan diukur menggunakan Return on Assets (ROA), sedangkan variabel independennya mencakup Komisaris Independen, Dewan Direksi, kepemilikan institusional, dan praktik CSR. Data penelitian bersumber dari laporan tahunan dan laporan keberlanjutan perusahaan pertambangan yang terdaftar di Bursa Efek Indonesia, mencakup 18 perusahaan dengan total 72 observasi yang dipilih menggunakan purposive sampling. Analisis regresi linier berganda dilakukan dengan bantuan SPSS versi 26. Hasil penelitian menunjukkan bahwa kepemilikan institusional memiliki pengaruh positif dan signifikan terhadap kinerja keuangan, menekankan peran investor institusional dalam memperkuat pengawasan manajerial serta mendorong pengambilan keputusan yang lebih efektif dan efisien. Sebaliknya, Komisaris Independen, Dewan Direksi, dan CSR tidak menunjukkan pengaruh signifikan terhadap kinerja keuangan.