THE ANALYSIS OF CORPORATE GOVERNANCE AND DIVIDEND POLICIES ON FIRM VALUE THROUGH CORPORATE SOCIAL RESPONSIBILITY IN CONSUMER GOODS INDUSTRY Cover Image

THE ANALYSIS OF CORPORATE GOVERNANCE AND DIVIDEND POLICIES ON FIRM VALUE THROUGH CORPORATE SOCIAL RESPONSIBILITY IN CONSUMER GOODS INDUSTRY
THE ANALYSIS OF CORPORATE GOVERNANCE AND DIVIDEND POLICIES ON FIRM VALUE THROUGH CORPORATE SOCIAL RESPONSIBILITY IN CONSUMER GOODS INDUSTRY

Author(s): Widya Sari, Rebecca Telaumbanua, Yarniwati Zebua, Sehat Rosiani Ginting
Subject(s): Governance, Financial Markets, Accounting - Business Administration
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: Corporate Governance; Dividend Policy; Firm Value; Corporate Social Responsibility;

Summary/Abstract: This study aimed to determine how the influence of Corporate Governance consisting of Institutional Ownership, Managerial Ownership, Independent Commissioner, Audit Committee Meetings as well as Dividend Policy on firm value and how Corporate Social Responsibility moderates this influence. This study used manufacturing companies in the Consumer Goods Industry sector listed on the Indonesia Stock Exchange with the year of observation from 2015-2019. The research method used was a quantitative method with the analysis used was MRA (Moderating Regression Analysis) using the SPSS application. This research was associative research with quantitative data. The data used in this study were secondary data taken from the company's financial reports at www.idx.co.id. The population in this study was 31 companies where the number of samples taken was 7 companies. The results of the t-test showed that partially only the variables of Institutional Ownership and Managerial Ownership have a significant effect on Firm value, with a value of tcount>ttable of -2.599<-2.045 for Institutional Ownership and Managerial Ownership of 4.178>2.045. Simultaneously, Institutional Ownership, Managerial Ownership, Independent Commissioner, Audit Committee Meetings, and Dividend Policy have a significant effect on Firm Value, with a value of fcount>ftable of 5.552>2.545. The coefficient of determination was obtained at 40.1%.

  • Issue Year: 10/2021
  • Issue No: 3
  • Page Range: 0-0
  • Page Count: 13
  • Language: English