The Effect of Corporate Social Responsibility and Good Corporate Governance on Company Value Mochamad Romdhon, Nurjauzaul Haq, Nizar Alam Hamdani
Universitas Garut
Abstract
The phenomenon of falling stock prices caused a decline in the value of the company even occurred at the beginning of 2017. The coal subsector company experienced a decline in share prices despite the right issue. Also though there is positive sentiment surrounding BUMN/state-owned enterprises, its share price is still experiencing a downturn. Mining sector stocks had become champions on the stock exchange in 2018. Rising commodity prices drove the performance of this stock sector. However, share prices of listed companies in the coal mining sector on July 31, 2018, closed in negative territory. This study aims to determine the effect of Corporate Social Responsibility and Good Corporate Governance on Company Value in Mining Companies Listed on the Indonesia Stock Exchange.This research is quantitative. This study population comprises 42 mining companies listed on the Indonesia Stock Exchange 2013-2018. Sampling in this study using a purposive sampling method. Data analysis used descriptive statistics and regression analysis to determine how much influence between independent variables on the dependent variable. Based on the results of the study that there is an influence of corporate social responsibility and good corporate governance enhanced on company value.
Keywords: social responsibility, good corporate governance, company value