PENGARUH CSR, GCG, DAN PROFITABILITAS PERUSAHAAN MANUFAKTUR DI BEI PERIODE 2019–2021

Abstract

This research intends to look at the effects of corporate social responsibility (CSR) and good corporate governance (GCG) on the Indonesia Stock Exchange (IDX) from 2019 to 2021. The research uses the multiple linear regression analysis to examine data from 159 manufacturing enterprises throughout this time. The study's findings provide the following crucial insights: 1) CSR and company value are positively and significantly correlated. 2) The application of Good Corporate Governance (GCG) and firm value are positively and significantly correlated. 3) CSR has a positive and considerable impact on a company's value, though this influence is also tempered by profitability.  4) The impact of GCG on firm value is favorable and large, however it is also tempered by profitability. These conclusions are applicable to manufacturing firms that list on the Indonesia Stock Exchange (IDX) between 2019 and 2021.

Keywords: CSR; GCG; The value of the company; Profitability