The Influence of Good Corporate Governance and Corporate Social Responsibility towards the Financial Performance that has Implications for Firm Value of Banking Companies Listed in Indonesia Stock Exchange

The Effect of Ownership Structure and Corporate Social Responsibility on Financial Performance and Firm Value in Mining Sector Companies in Indonesian

“…At the same time, this will also cause the company's financial performance to increase. The results of this study are in line with the results of research conducted by Arsoy et al (2012), Hafez (2016), Ilmi et al(2017), Jallo and Mus (2017), Firdaus et al, (2018), Maqbool and Zameer (2018), Laili et al (2019), Javeed and Lefen (2019) as well as Choet al (2019) which shows that CSR disclosure has a significant effect on financial performance. However, the results of this study contradict the results of research conducted by Chetty et al (2015), Madorran and Garcia (2016), and Mansaray et al (2017).…”

“…The higher the profit the company has made, the market will give their perception that the company is doing well so that the demand for shares and the stock market price will increase. The results of this study are in line with research conducted by Sucuahi and Cambarihan (2016), Gharaibeh and Qader (2017), Ilmi et al (2017), Jallo and Mus (2017), Firdaus et al (2018), andYanto (2018) who find that financial performance affects firm value. However, the results of this study contradict the results of research by Pascareno and Siringoringo (2016) and Hakim and Sugianto(2018) who found that financial performance did not affect firm value.…”

“…If investors believe in the signal, then the stock price will increase so that profits will be obtained by investors (Godfrey et al, 2010:375). This is in line with the results of research conducted by Sucuahi and Cambarihan (2016), Gharaibeh and Qader (2017), Ilmi et al (2017), Jallo and Mus (2017), Firdaus et al (2018), andYanto (2018). Improvement of company performance and value is carried out by company management for the benefit of all stakeholders, both inside and outside the company.…”

“…Modigliani and Miller (1958) states that firm value is determined by the firm's earnings power assets. This finding is supported by the results of research by Sucuahi and Cambarihan (2016), Gharaibeh and Qader (2017), Ilmi et al(2017), Jallo and Mus (2017), Firdaus et al (2018), andYanto (2018) who conclude that financial performance affects firm value. However, the results of this study contradict the results of research by Pascareno and Siringoringo (2016) and Hakim and Sugianto(2018) where the results of their research show that there is no effect of financial performance on firm value.…”

Kinerja Lingkungan, Kepemilikan Manajerial dan Nilai Perusahaan

“…Konflik tersebut disebabkan oleh adanya perbedaan kepentingan dan asimetri informasi dari pemegang saham dan manajemen. Agency problem ini muncul karena kepentingan pemilik perusahaan tidak perhatikan oleh manajemen perusahaan (Firdaus et al, 2018). Adapun alternatif yang dapat mengendalikan konflik agensi salah satu diantaranya yaitu peningkatan jumlah kepemilikan manajerial.…”