The Role of Good Corporate Governance and Corporate Social Responsibility in Improving Firm Value
Abstract
This research aimed to examine the influence of good corporate governance and corporate social responsibility on firm value and the role of corporate social responsibility in mediating the effect of good corporate governance on solid value. The population in this research is food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period. The sampling technique uses purposive sampling with a sample of 70 observation data. The research results using data analysis using Partial Least Square-Structural Equation Modeling (PLS-SEM) show that good corporate governance and corporate social responsibility have a positive effect on firm value, and good corporate governance has no impact on social responsibility. In contrast, corporate social responsibility cannot mediate the influence of good corporate governance on solid value.
Keywords: good corporate governance,corporate social responsibility, firm value.
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