Pengaruh Pengungkapan Tanggung Jaab Sosial Perusahaan Terhadap Market Value Added Dengan Good Corporate Governance Sebagai Variabel Moderasi
Abstract
Corporate Social Responsibility or known as CSR, is a corporate activity to response what the the stakeholders have done to the company. Company’s hope that the stakeholder will give a positive responses through CSR that showed in company’s financial performance. According to Stern Steward, Market Value Added (MVA) is the best tools to measure company’s financial performance. MVA shows how much values does the company created. The aim of this research is to test if Good Corporate Governance (GCG) would increase the relationship between CSR and MVA. The research sample was Governance Perception Indeks (CGPI) participants held by IICG (The Indonesian Institute for Corporate Governance) from 2009 to 2011. Use some criteria, there are 40 companies choosen as a sample. From the research that the writer do through the model that use MRA (Market Regression Analysis), GCG that measure with CGPI score, was not provided as a moderating variable. The significance level of the interaction variable (CSRI * CGPI) is >0,05 that is 0,569. Adjusted R2 as determinating variable shows 11% which means that CSRI, CGPI and lnCSR_CGPI variable could explain dependent variable lnMVA with the total 11%, and 89% remaining was explained by another variable outside the model. Keywords : Corporate Social Responsibility (CSR), Market Value Added (MVA), Good Corporate Governance (GCG)Downloads
Published
2013-09-01
How to Cite
Kinasih, H. W. (2013). Pengaruh Pengungkapan Tanggung Jaab Sosial Perusahaan Terhadap Market Value Added Dengan Good Corporate Governance Sebagai Variabel Moderasi. Jurnal Penelitian Ekonomi Dan Bisnis, 21(2). Retrieved from https://publikasi.dinus.ac.id/index.php/jpeb/article/view/588
Issue
Section
Articles
License
Authors who publish with this journal agree to the following terms:- The journal allow the authors to hold the copyright without restrictions and allow the authors to retain publishing rights without restrictions.
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
This work is licensed under a Creative Commons Attribution 4.0 International License. Which means you are free to:- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.