Foreign Ownership as Moderating the Role of Good Corporate Governance and Disclosure of Corporate Social Responsibility on Corporate Values

Authors

  • Suharto Suharto Universitas Semarang, Indonesia
  • Kesi Widjajanti Universitas Semarang, Indonesia
  • Ardiani Ika Sulistyawati Universitas Semarang, Indonesia

DOI:

https://doi.org/10.29040/jie.v7i2.10757

Abstract

The consequences of the Jakarta Composite Index (IHSG) display that an extended-time period decline in inventory charges is a benchmark for growing agency price. This study ambitions to investigate the impact of Good Corporate Governance (GCG) which is proxied via unbiased commissioners, managerial possession, and institutional ownership, as well as disclosure of Corporate Social Responsibility (CSR) on business enterprise cost in manufacturing organizations indexed at the Indonesia Stock Exchange (IDX) in 2017 -2021. Foreign ownership as a moderating variable. This research method is a quantitative studies the usage of secondary statistics obtained from the authentic IDX website. Sample choice with purposive sampling approach. This take a look at uses information evaluation with AMOS software program which includes Normality Test, Multicollinearity Test, Model Feasibility Test and Hypothesis Test. The following consequences have a enormous tremendous impact on corporation price, namely Independent Commissioners, Institutional Ownership, and CSR disclosure, but managerial possession has no fantastic and insignificant effect on organization price. Foreign possession is tested to mild independent commissioners and CSR disclosure extensively to corporation cost. The interplay among foreign possession and impartial commissioners reasons an growth in corporation cost. However, the interaction between overseas ownership and CSR disclosure causes a decrease in organisation fee. Meanwhile, foreign possession does not moderate the impact of managerial possession and institutional possession on company fee. Keywords: Shares, GCG, CSR, Corporate Values

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Published

2023-08-30

How to Cite

Suharto, S., Widjajanti, K., & Sulistyawati, A. I. (2023). Foreign Ownership as Moderating the Role of Good Corporate Governance and Disclosure of Corporate Social Responsibility on Corporate Values. JURNAL ILMIAH EDUNOMIKA, 7(2). https://doi.org/10.29040/jie.v7i2.10757

Issue

Vol. 7 No. 2 (2023): EDUNOMIKA

Section

Articles

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