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Kembali| NIM (Student Number) | C1L011014 |
|---|---|
| Nama Mahasiswa | SARACH FAUZIAH |
| Judul Artikel | THE EFFECT OF CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY TO FIRM VALUE IN LQ45 INDEX COMPANY LISTED ON THE INDONESIA STOCK EXCHANGE |
| Abstrak | The purpose of this research was to analyze the effect of Corporate Governance and Corporate Social Responsibility to firm value in LQ45 Index Company listed on the Indonesia Stock Exchange from 2011-2013. The corporate governance was measured by institutional ownership, managerial ownership, independent commissioner, and audit committee of the company, while the firm value was measured by Tobin’s Q calculation. The corporate social responsibility was also used as an intervening variable in the relationship between corporate governance and firm value. The sampling method used was purposive sampling with some predetermined criteria. There were 25 companies which have met the criteria as samples. This research used Partial Least Square (PLS) as a tool in analyzed the data and to test the effect of good corporate governance and corporate social responsibility to firm value. The results provide empirical evidences that: (1) Managerial ownership, independent commissioner, and audit committee have an effect on corporate social responsibility, while institutional ownership has no effect on corporate social responsibility. (2) Corporate social responsibility has an effect on firm value. (3) Institutional ownership, managerial ownership, and audit committee have no effect on firm value, while independent commissioner has an effect on firm value. (4) Corporate social responsibility is an intervening variable in the relationship between independent commissioner and firm value. |
| Abstrak (Inggris) | The purpose of this research was to analyze the effect of Corporate Governance and Corporate Social Responsibility to firm value in LQ45 Index Company listed on the Indonesia Stock Exchange from 2011-2013. The corporate governance was measured by institutional ownership, managerial ownership, independent commissioner, and audit committee of the company, while the firm value was measured by Tobin’s Q calculation. The corporate social responsibility was also used as an intervening variable in the relationship between corporate governance and firm value. The sampling method used was purposive sampling with some predetermined criteria. There were 25 companies which have met the criteria as samples. This research used Partial Least Square (PLS) as a tool in analyzed the data and to test the effect of good corporate governance and corporate social responsibility to firm value. The results provide empirical evidences that: (1) Managerial ownership, independent commissioner, and audit committee have an effect on corporate social responsibility, while institutional ownership has no effect on corporate social responsibility. (2) Corporate social responsibility has an effect on firm value. (3) Institutional ownership, managerial ownership, and audit committee have no effect on firm value, while independent commissioner has an effect on firm value. (4) Corporate social responsibility is an intervening variable in the relationship between independent commissioner and firm value. |
| Kata Kunci | Corporate Governance, Corporate Social Responsibility, Tobin’s Q. |
| Nama Pembimbing 1 | Dr. Wita Ramadhanti, SE, M.SA, Ak |
| Nama Pembimbing 2 | Yanuar Eko Restianto, SE, M.Acc, Ak |
| Tahun | 2015 |
| Jumlah Halaman | 26 |
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