JIA (Jurnal Ilmiah Akuntansi)
Vol 10 No 2 (2025)

CSR and GCG on Company Performance: Insights from the Triple Bottom Line

Ida Bagus Gde Indra Wedhana Purba (Management Department, Economics and Business Faculty, Warmadewa University, Indonesia)
I Gusti Bagus Wiksuana (Management Department, Economics and Business Faculty, Udayana University, Indonesia)
Luh Gede Sri Artini (Management Department, Economics and Business Faculty, Udayana University, Indonesia)
Ica Rika Candraningrat (Management Department, Economics and Business Faculty, Udayana University, Indonesia)



Article Info

Publish Date
17 Feb 2026

Abstract

This study aims to examine the interconnections between Corporate Social Responsibility (CSR), Good Corporate Governance (GCG), and company performance using the Triple Bottom Line (TBL) framework as a conceptual foundation. The increasing demand for corporate accountability and sustainable business practices has encouraged organizations to integrate CSR initiatives with strong governance mechanisms to improve overall performance. Previous studies have shown that CSR and GCG play essential roles in enhancing corporate reputation, stakeholder trust, and long-term business sustainability, yet the integration of these concepts within the TBL perspective remains underexplored. This study employs a systematic literature review approach by analyzing relevant academic publications related to CSR, GCG, TBL, and company performance. Bibliometric analysis using VOSviewer software is applied to identify research trends, thematic relationships, and the evolution of scholarly discussions in this field. The analysis reveals that companies implementing CSR activities supported by strong GCG structures tend to achieve better financial performance, improved social responsibility outcomes, and stronger environmental sustainability practices. The findings indicate that the integration of CSR and GCG within the TBL framework positively influences company performance by strengthening organizational legitimacy, improving stakeholder relationships, and supporting sustainable long-term profitability. In conclusion, the study confirms that CSR initiatives are more effective when supported by robust governance practices and aligned with TBL principles. Therefore, companies are encouraged to strategically integrate CSR and GCG into their business models to achieve sustainable performance and competitive advantage.

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Journal Info

Abbrev

JIA

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ilmiah Akuntansi (JIA) is a journal that is managed and published by Accounting Department, Faculty of Economics, Ganesha University of Education (Undiksha). JIA is published twice a year, in June and December. JIA aims to be a media dissemination of research and thought results in the field ...